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MTN Cameroon Gets GSMA Mobile Money Accreditation
In a statement, the telco said that the certification followed "a rigorous, independent assessment" of the reliability of its financial services in December, describing the feat as "a source of pride" for the company.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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How E-Payment Systems Promote Financial Inclusion in Indonesia
Indonesia – through various studies and surveys – has learned that cashless transactions or e-payment systems have bolstered its financial inclusion last year.
- Categories
- Finance
- Region
- Asia Pacific
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Mobile Money Waits for Legal Corridor to Become Formal Payment Method in Vietnam
Mobile money refers to the use of a mobile account for payment in general. This method is gradually more feasible now that 90 percent of the population in Vietnam own a mobile phone.
- Categories
- Finance
- Region
- Asia Pacific
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CoDi in Mexico: No News is Good News
Fraud rates are among the highest in the world and the lack of political stability creates a unique problem for financial inclusion.
- Categories
- Finance
- Region
- Latin America
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A New Digital Bank Will Launch in the Philippines in 2020
TONIK believes that Philippines banking sector is ripe for a digital disruption, and will follow the lead of other markets globally, where digital-only “neobanks” have rapidly captured millions of customers and attracted over $5B of investor funding in the last 2 years alone.
- Categories
- Finance
- Region
- Asia Pacific
- Tags
- digital finance, fintech
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Fusion Microfinance Gets $5.5B USD From Warburg Pincus, Others
The fresh round of capital injection will be used to expand its distribution network across the country, integrate technology solutions across key business lines and strengthen the platform to address untapped growth opportunities within the sector.
- Categories
- Finance
- Region
- South Asia
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Facebook’s Foray Into Financial Services Is Struggling to Gain Momentum – Here’s Why
Facebook CEO Mark Zuckerberg has announced the company will launch a digital currency later this year, but already the plan is fraught with issues.
- Categories
- Finance
- Tags
- cryptocurrency
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Chinese Fintech Company Ant Financial Quietly Takes Stake in Vietnam’s eMonkey Amid Anti-China Sentiment
Alibaba affiliate Ant Financial has quietly acquired a sizeable stake in Vietnamese e-wallet eMonkey, sources say.
- Categories
- Finance
- Region
- Asia Pacific