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Tanzanian Government Ponders Harmonization of Mobile Money Transactions
The government now wants all telecommunication companies to register their mobile money transactions with the National Switch as it seeks to rollout interoperability across all operators.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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What’s Driving India’s Fintech Boom?
An explosion of smartphone users and a world-class digital infrastructure are fueling the rapid growth of fintech in India. But innovating for low-income groups remains a challenge.
- Categories
- Finance
- Region
- South Asia
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Can The World’s Underbanked Leapfrog On To A New Blockchain Financial System?
Moeda is a new startup that allows investors to use the blockchain to support cooperatives in rural Brazil–in a different way than is possible in the current system.
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- Finance
- Region
- Latin America
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Ant Financial’s $100 billion valuation would put it in the same league as the world’s biggest banks
Ant Financial Services Group, the Chinese fintech giant, is planning a funding round that could fetch a valuation similar to the world’s biggest and oldest banks: The digital payment company is raising as much as $5 billion in equity that may value it at more than $100 billion, according to Reuters.
- Categories
- Finance
- Region
- Asia Pacific
- Tags
- digital payments, fintech
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WhatsApp Payments testing for Android, iOS in India could worry Paytm, other e-wallets
WhatsApp has been working on a digital transaction feature since 2017, and the same was spotted at times in the wild. The appearances in the past have been on earlier beta version of the popular messaging application.
- Categories
- Finance
- Region
- South Asia
- Tags
- digital payments, fintech
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To ethically mine crypto we need to use renewable energy
Blockchain technology and its most popular cryptocurrency, bitcoin, have been called of equal importance to the internet, capable of transforming businesses, government, and social interaction: the entire fabric of modern society.
- Categories
- Energy, Finance, Technology
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More Bitcoin Regulation Likely In Emerging Markets
According to a report from Bloomberg, published at the end of last year, around 58% of the world’s cryptocurrency mining pools are located in China, followed by the US at 16%.
Even though significant financial institutions within China are forbidden from providing payment services for products denominated in bitcoin due to bitcoin regulation, other platforms have emerged to offer investors this service.- Categories
- Finance, Technology
- Region
- Asia Pacific
- Tags
- cryptocurrency
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Asia-Pacific fintech market to reach US$72 billion by 2020, finds Frost & Sullivan
Active support and initiatives by financial regulators such as the Monetary Authority of Singapore, Bank Negara Malaysia and Bank Indonesia has enabled the Asia-Pacific Fintech ecosystem to grow significantly in 2017.
- Categories
- Finance
- Region
- Asia Pacific