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Report: Somalia’s Mobile Money Penetration High, Data Costs Lowest In Africa
Despite its long history with civil unrest, Somalia seems to have gotten a good grip on its business community.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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World Economic Forum Recommends Adopting Clear and Actionable Cybersecurity Guidelines for Fintech Firms
The Fintech Cybersecurity Consortium has been tasked with identifying how organizations can simplify their baseline cybersecurity requirements for Fintech services.
- Categories
- Finance, Technology
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World Bank Releases Research on the Impact of Smart Contracts for Financial Inclusion
Governments and financial authorities across several states are closely monitoring the impact of smart contracts in a digital financial system despite the slow adoption of the technology.
- Categories
- Finance, Technology
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Kenya Is Doubling Down on Regulating Mobile Loan Apps to Combat Predatory Lending
The country’s central bank is proposing new laws to regulate monthly interest rates levied on loans by digital lenders in a bid to stamp out what it deems predatory practices.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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MTN Cameroon to Soon Offer Mobile Savings and Loans Services
it will serve as the intermediary connecting users with financial institutions as is the case in Ghana with MTN Ghana and Kenya with M-Shwari.
- Categories
- Finance
- Region
- Sub-Saharan Africa
- Tags
- digital finance, fintech
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Orange Launches Banking Play in Africa
Orange teamed with financial services company NSIA to launch mobile banking services into its first African market, Ivory Coast, with plans to expand into Burkina Faso, Mali and Senegal.
- Categories
- Finance
- Region
- Sub-Saharan Africa
- Tags
- digital finance
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Facebook’s WhatsApp to Partner with More Indian Banks in Financial Inclusion Push
“We now want to open up with more banks over this coming year to help simplify and expand banking services, especially to the rural and lower-income segments,” Abhijit Bose, WhatsApp’s India head told a fin-tech summit via a webcast.
- Categories
- Finance
- Region
- South Asia
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Ghana Mobile Money Interoperability Transactions Rise 400 Percent in Six Months
The huge jump in the MMI volume could be attributed to increased awareness that funds can now be transferred across wallets of different telecommunications networks.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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