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India releases draft rules for mobile wallet companies
The draft mobile wallet guidelines which have been released for public consultation by the ministry of electronics and IT cover an entire spectrum such as protecting consumer information, especially financial data.
- Categories
- Technology
- Region
- South Asia
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WFP Launches First Mobile Cash Transfers For Humanitarian Assistance In Myanmar
The United Nations World Food Programme (WFP) has launched the first pilot programme using mobile cash transfers for humanitarian assistance in Myanmar. Between 27 February and 1 March, 112 conflict-affected internally displaced families in three camps in Myitkyina Township of Kachin State received a monthly electronic credit allocation of MMK 9,000 (US$ 7) per person for vulnerable households.
- Categories
- Technology
- Region
- South Asia
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National Microfinance Bank to digitize agricultural sector in Tanzania
National Microfinance Bank Pic (NMB) has signed a strategic partnership agreement with Mastercard to ensure the digitization of the agricultural sector in Tanzania with the roll-out of eKilimo, a mobile solution developed by the Mastercard Lab for Financial Inclusion.
- Categories
- Agriculture, Technology
- Region
- Sub-Saharan Africa
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The Startups Using Apps and Phones to Solve the Global Healthcare Crisis
At this year's WIRED Health, pharmaceutical company Sandoz is launching its first-ever startup competition. Sandoz HACk challenges young entrepreneurs to use mobile-health technologies to help bring access to healthcare in tough environments.
- Categories
- Health Care, Technology
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Cheaper and easier to handle, UPI apps pose challenge to e-wallets in India
Apps using the newly launched Unified Payments Interface (UPI) are threatening to dislodge the hold mobile wallets currently have on small & medium enterprises (SMEs) and retailers. Platforms like Goodbox, Shoptimize and Nowfloats, which help small ventures take their businesses online, say there's growing interest among these companies to test the UPI payment method.
- Categories
- Technology
- Region
- South Asia
- Tags
- digital payments
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First FinTech Fund for Inclusion of the Underserved Raises $141 Million
The first FinTech fund created to help the underserved has closed, reaching millions in capital contributions, which will go toward people and companies who need assistance in the financial sector.
- Categories
- Investing, Technology
- Region
- Sub-Saharan Africa
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Vodafone Slams Proposed Split of Kenyan M-Pesa as`Ridiculous’
Safaricom Ltd, East Africa’s biggest mobile-phone company, would have to reconsider future investment in Kenya if proposals to break up the company are implemented, the head of mobile money at parent Vodafone Plc said.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- fintech
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Land Rover’s Bespoke Discovery Comes With a Drone to Help Emergency Services
At this year's Geneva Motor Show, Jaguar Land Rover Special Vehicle Operations (SVO) has unveiled a bespoke version of its new Land Rover Discovery designed for use the Austrian Red Cross.
- Categories
- Health Care, Technology
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