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Safaricom and Kenya Commercial Bank Partner to Counter Equity’s Mobile Money Plan
KENYA Commercial Bank has partnered with Safaricom to offer a new product that converges financial and communication services to take on Equity Bank's planned mobile virtual network operation business.
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- Uncategorized
- Region
- Sub-Saharan Africa
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Five Ways to Make Electronic Delivery of Social Transfers Work for the Poor: Insights from CGAP’s recent Focus Note
Cash transfers are an increasingly popular tool to provide assistance to the poor, with nearly 174 million individuals in 43 countries receiving them. E-payments could improve the effectiveness of social transfers, but it’s very difficult to implement them effectively. A recent study conducted by Bankable Frontier Associates explores four programs on the cutting edge of designing and implementing e-payments in low-income settings.
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- Education
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Vodafone India completes pan-India M-Pesa rollout in Q4-FY14
Vodafone India which operates the mobile payment service M-Pesa through its wholly owned subsidiary Mobile Commerce Solutions Ltd (MCSL), has completed the pan-India rollout of the service in March 2014, about one year since its India launch and about 16 months after the initial announcement.
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- Uncategorized
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NexThought Monday – Cash Transfers, Prejudice and Mental Health: MIT researchers discuss some overlooked aspects of their RCT on GiveDirectly
Cash transfers to the poor are often criticized as “handouts,” which dilute incentives to work, instill dependency, and may be wasted on alcohol, tobacco or other potentially harmful activities. But the researchers behind the recent randomized controlled trial on the cash transfer charity GiveDirectly argue that these criticisms are based on prejudice rather than fact, and that the economic impact of cash transfers is only part of the story.
- Categories
- Health Care, Impact Assessment
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