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The path to empowering and profiting off India’s next wave of online users
The Omidyar Network’s latest report offers entrepreneurs valuable tips on how to access India’s next gigantic wave of online users.
- Categories
- Uncategorized
- Region
- South Asia
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Alibaba’s browser is overtaking Google’s in some emerging markets
Chinese internet giant Alibaba is overtaking Google in the race to capture mindshare among internet users in some emerging markets thanks to the popularity of its mobile browser, according to The Wall Street Journal.
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- Technology
- Region
- South Asia
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Press release: Village Capital and MetLife Foundation Award $50,000 To Middle East Financial Health Startups at Forum in Dubai
“MetLife Foundation is proud to partner with Village Capital on this innovative financial health forum that identifies and accelerates early-stage entrepreneurs who are leading the way toward a more financially inclusive Middle East,” said Dennis White, President and CEO, MetLife Foundation. “Village Capital’s approach to identify and support local entrepreneurs that have a deep understanding of culturally-relevant customer needs and solutions helps advance MetLife Foundation’s overall goal to provide individuals and communities with the tools they need to achieve sustainable financial well-being.”
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- Uncategorized
- Region
- North Africa & Near East
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China Tightens Regulation Over Mobile Payment Apps — What’s Next For Tencent and Ant Financial?
Now that digital wallets like Ant Financial’s Alipay and Tencent’s Ten Pay have become near ubiquitous in the country, where the market for mobile payment reached $5.5 trillion as people use them to pay for clothes, groceries, taxi fares and utility bills, the government wants to bring oversight up to speed by regulating them exactly like banks, said Oliver Rui, a professor of finance at the China Europe International Business School in Shanghai (CEIBS).
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- Finance, Technology
- Region
- Asia Pacific
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Kenyan operators prepare for mobile money interoperability tests
Kenya's telecommunication firms are expected to begin trialling mobile money transfers from one network to the other from January, reports Business Daily.
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- Finance
- Region
- Sub-Saharan Africa
- Tags
- digital payments, fintech
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Can the rise of cryptocurrency impact currency market in India?
Slowly, cryptocurrencies are coming under the regulatory net in order to check misuse. Japan recently became the first country to regulate cryptocurrencies; the US is quickly laying down regulatory guidelines, the UK and Australia continue to work on the formalities while China has recently banned Initial Coin Offerings (ICO) due to various reasons, including various ICO scams around the world.
Though India plays a relatively small role in the global cryptocurrency market, only about 2% of the global cryptocurrency market cap, the RBI has warned about the potential financial, legal, customer protection and security-related risks in cryptocurrency, amidst prevalent media rumours of RBI launching its own form of cryptocurrencynamed Lakshmi.- Categories
- Finance
- Region
- South Asia
- Tags
- cryptocurrency, fintech, regulations
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‘Social Alpha’: Nonprofits Dive Into ETFs
As CEO of Impact Shares, the first nonprofit ETF issuer, Powell wants to modernize the way charities—and donors—think about using money to make a difference.
- Categories
- Investing
- Region
- North America
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Alibaba’s payments affiliate apologises for opting in users for credit scoring system
The incident comes as Chinese users grow increasingly concerned about user privacy and how China’s tech giants are handling personal information. In China, laws require companies to store users’ data on servers in the country, and Chinese tech companies reportedly pass on data when the Chinese government makes a request.
- Categories
- Finance, Technology
- Region
- Asia Pacific
- Tags
- credit scoring, data, fintech
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