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Telcos’ exclusion slows uptake in Nigerian mobile money business
Analysts have identified the exclusion of telecommunications operators from playing critical roles in the implementation of mobile money as a significant drawback to the uptake of the service two years after its launch by the Central Bank of Nigeria (CBN).
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- Region
- Sub-Saharan Africa
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Looking For The Next Big Thing In Smartphones? Think Digital Inclusion In Developing Countries
If you’re looking for a revolution involving smartphones, you’re unlikely to find one by staking out front row seats at the next new product announcement. The transition from basic “feature” phones to smartphones is about to reshape how a large fraction of the world’s population engages with information.
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Micro Insurance, Macro Problems
In the light of decreasing motivation to introduce microinsurance products, it’s time to redefine the concept.
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Micro lenders eye growth paths in Myanmar
World Vision is attempting to become the first NGO to obtain a commercial license for its Microfinance Institution (MFI) arm in Myanmar, as the industry increasingly professionalizes, more commercial players enter and rules governing the sector are established.
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- Uncategorized
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- microfinance
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Branchless Banking: Mobile accounts still a fraction of total transactions in Pakistan
The latest quarter-on-quarter increase of 16% in the number of branchless banking transactions for January-March, the most recent three-month data the State Bank of Pakistan (SBP) has released, is by no means a small feat.However, while the SBP believes growth expectation in coming quarters is “fairly high,” dominant players in branchless banking say it is time the industry progressed from the over-the-counter (OTC) business model to mobile accounts.
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Speed, convenience, safety: contactless payments’ role in mobile money transfer
With the steady introduction of contactless payment systems in parts of South Africa, a new wave of convenience for low-value transactions is becoming a reality.
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- Technology
- Region
- Sub-Saharan Africa
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E-Bay to buy Braintree to boost PayPal’s mobile presence
EBay Inc. will buy payments service Braintree Payments Solutions LLC for $800 million in cash, making a big bet to secure the pole position in the race to get consumers to pay for goods and services on smartphones.
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- Technology
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Philippines central bank in broad Islamic finance push
In what could be one of the most ambitious efforts to facilitate Islamic finance in a non-Muslim country, the Philippines' central bank is pushing several initiatives to develop the sector and encourage financial inclusion of the Muslim minority.
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- Uncategorized
- Region
- Asia Pacific