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Merchant Solutions Could Be the Answer to Mobile Money Issues
The mobile money agency system has made huge progress in increasing access to financial services and reducing the cost of transactions, though in terms of serving the “last mile” – those wishing to make single dollar transactions – there is still much to be done. But the answer may be staring us in the face, says Vahid Monadjem, CEO of Nomanini.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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What Mark Zuckerberg’s Big Announcement Tells Us About the New Philanthropy
Mark Zuckerberg is now the seventh richest person in the world, with a net worth of $46 billion—which is way up from a year ago, thanks to Facebook's soaring stock (Zuckerberg owns over 20 percent of the company). That same run-up in stock value means that the millions of shares that Zuck has set aside for philanthropy in a donor-advised fund may now be worth over $3 billion, assuming those shares haven’t been sold since they were donated.
- Categories
- Investing, Technology
- Tags
- philanthropy
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Cash-Back the New King in Indian e-Commerce
Bhumika Grover, it was never a choice between the 'Big Billion Days' of Flipkart or Amazon's 'Great Indian Festive Sale' in the run-up to Diwali. Even the 'Electronics Monday' sale by Snapdeal was not captivating enough.
- Categories
- Technology
- Region
- South Asia
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Why the Financial Industry Is Getting Nicer
Last week’s Money20/20 conference delivered further evidence that it really is a new day in the financial industry . There is not just a technological change afoot but an ethical change: a feeling that finance can do more for people than simply move their money around .
- Categories
- Investing, Technology
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Report: Cash Far More Popular Than Cards and Mobile Money Among Kenyan Online Shoppers
Only 1% of over 80,000 shoppers sampled in the 3rd quarter of this year used cards to pay for products they purchased online, 27 percent preferred to pay via mobile money transfer before or after delivery, while a whopping 72 percent preferred to pay in cash on delivery, according to an internal survey released by Kenyan e-tailer Jumia.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Groups Sign Funding Deal to Increase Competitiveness for Small Holder Farmers in East Africa
The Alliance for a Green Revolution in Africa (AGRA) has entered into a partnership with KCB Group to facilitate the implementation of a platform that enables smallholder farmers across the East African region access credit and training.
- Categories
- Agriculture, Technology
- Region
- Sub-Saharan Africa
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Technology Alone Is Not the Answer in Healthcare
“A technology only solution isn’t going to get us anywhere,” says Shelly Saxena. He’s referring to the growing number of social enterprises and development initiatives that use mobile phones and telemedicine to deliver healthcare in India.
- Categories
- Health Care, Technology
- Region
- South Asia
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‘SEC Ruling on Crowdfunding Both Opportunity and Stumbling Block for Startups’, Expert Says
There has been a lot of talk about SEC’s approval of Title III of the JOBS Act, which allows, for the first time, also non-accredited investors to join equity crowdfunding campaigns.
- Categories
- Technology
- Tags
- crowdfunding, regulations
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