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South Africa’s Social Security Agency Considering Mobile Payment Technology
Paying grants using mobile money tech could reduce costs and mean beneficiaries don’t have to travel to receive payments
- Categories
- Finance
- Region
- Sub-Saharan Africa
- Tags
- digital payments, fintech
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China’s Great Leap Forward in Global Mobile Payments
Paradoxically, it was the country's reluctance to adopt conventional banking that led to almost universal adoption of mobile payments.
- Categories
- Finance
- Region
- Asia Pacific
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Press release: New Report: Banks Increasingly Embrace Data to Reach Underserved Customers
The Center for Financial Inclusion at Accion (CFI) and the Institute of International Finance (IIF), with the support of MetLife Foundation, released a report that examines how new types of data and new data tools present an unprecedented opportunity for financial service providers to understand and serve clients—particularly credit-seeking, "thin-file" clients who are otherwise excluded from the formal financial sector.
- Tags
- data, financial inclusion
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Tanzania: New Data Initiative to Boost Tanzania Financial Inclusion
Under the partnership known as 'DataDisrupt' project, financial services providers will be provided with the opportunity to use evidence generated from internal and external data sources to innovate and deliver affordable financial products and services that respond to the needs of their customers.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Financial inclusion makes big inroads into Myanmar
Myanmar has seen a significant increase in the numbers of adults with access to at least one formal financial services product, according to research presented on June 19 as part of the nationwide Making Access Possible (MAP) financial inclusion study.
- Region
- Asia Pacific
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The world’s first mobile-only government bond in Kenya is popular, but missed its target
Given mobile money is so ubiquitous in Kenya with over 27 million users—many of whom were unbanked—M-Akiba promised the government access to a new capital base.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Global fintech investors team up to promote responsible digital finance
While the opportunities have increased, so too have the risks surrounding digital financial services for investors, investees, customers and wider digital ecosystems across markets and regions.
- Categories
- Finance
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Standard Chartered Partners To Launch Mobile Wallet In Uganda
The partnership with MTN will expand the service in Africa, making it the sixth country in Africa where Straight2Bank is available.
- Categories
- Finance
- Region
- Sub-Saharan Africa
- Tags
- digital payments, fintech
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