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IBM Signs $38 Million Deal for ATM Infrastructure Management in India
IBM has signed a Rs 260 crore deal with BTI Payments for ATM infrastructure management, as it focuses on deepening its hold on the financial services sector in India.
- Categories
- Technology
- Region
- South Asia
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National Bank & Airtel Kenya Ink Major Pact to Expand Reach
National Bank of Kenya and Airtel Kenya have announced the opening of their distribution networks to offer each other’s services in a major partnership agreement geared at expanding reach of services.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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First Medical Technology Incubator Created in India
India is a country known for its rich culture and amazing food, but for a country of more than 1.2 billion individuals, medical technologies are largely neglected. That is what makes InnAccel such a unique startup. It’s the first and currently only medical technology incubator in India.
- Categories
- Health Care, Technology
- Region
- South Asia
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Mobile Payments Ecosystem Comes of Age in India
Although being young with only a dozen mobile wallet players in the field, India's mobile payment ecosystem has witnessed steady growth and a rapid adoption of path-breaking innovations as people started realising the benefits of technology in online payments space in 2015 -- the most popular being the "mobile wallet".
- Categories
- Technology
- Region
- South Asia
- Tags
- digital payments, fintech
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Sidestepping M-Pesa, BitPesa Partners With Airtel and MTN Money Mobile Wallets
Kenyan based Pan African bitcoin trading platform, BitPesa has partnered with Airtel and MTN Money mobile wallets weeks after Safaricom asked third party integrator Lipisha Consortium to sever ties with BitPesa.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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In 2016, Intel’s Entire Supply Chain Will Be Conflict-Free
Seven years ago, if you bought a new iPhone or a laptop, you were probably also inadvertently supporting warlords and mass rapists in the Democratic Republic of Congo. The country has some of the world's largest deposits of many of the tiny bits of metal, like tin and tungsten, that make up electronics, and they often came from mines whose profits were used to fund the country's ongoing, devastating civil war. Luckily, that's starting to change.
- Categories
- Environment, Technology
- Region
- Sub-Saharan Africa
- Tags
- supply chains
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Kenya’s Mobile Penetration Hits 88 Percent
According to the quarterly sector statistics report by the Communications Authority of Kenya (CA), the uptake of mobile services by Kenyans continued to grow leading to mobile penetration growing to 88.1per cent with 37.8million subscribers up from 36.1 million in the previous quarter.
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- Technology
- Region
- Sub-Saharan Africa
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Will 2016 Be the Year of FinTech in India?
Has Financial Technology or FinTech finally come of age in India? While, FinTech accounted only for 13.3% of the total funding raised by Indian startups in 2015, the gross investment into it was up 8 times over the equivalent 2014 number of $145.1 million. While that looks amazing at first glance, it has to be noted that m-commerce platform One97 (Paytm) accounted for about 74% of the money raised by FinTech companies this year. Nonetheless, even if one were to exclude this number, Indian FinTech investment has doubled over the 2014 number. India’s FinTech sector has been a far cry from its global peers, accounting only for 6% of the total global FinTech space (by funding), but clearly as the numbers above show, that is changing fairly rapidly.
- Categories
- Technology
- Region
- South Asia
- Tags
- digital payments, fintech
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