-
Mastercard Launches Digital Sales Platform For Farmers
“At Mastercard, we envision a world in which economic growth is truly inclusive,” said Arjan Bol, Netherlands country manager for Mastercard. “Mastercard Farmer Network contributes to this by offering a digital platform that makes it safer and simpler for small-holder farmers to grow their business."
- Categories
- Agriculture, Finance
-
Digital Lending Apps Are Coming Under Scrutiny in East Africa for Predatory Practices
The latest challenge comes from Google, which has updated its app store developer policies to curb predatory lending practices.
- Categories
- Finance
- Region
- Sub-Saharan Africa
-
Revisiting our Assumptions About Digital Financial Inclusion: Three Unexpected Findings from BFA’s FIBR Project
When BFA launched its FIBR (Financial Inclusion on Business Runways) R&D project four years ago, it outlined a set of assumptions about how smartphones, increased connectivity and digitization would help to accelerate financial inclusion for small businesses in Africa. As the project wraps up, BFA Founder and Chair David Porteous explores which of those assumptions still hold – and which need to be reassessed as unanticipated developments have reshaped the market.
- Categories
- Finance
-
Online Banking Still a Reserve for the Rich in Kenya – Survey
People in higher income brackets use their phones to obtain more information on products and services before purchase, and across all income brackets, users regularly keep track of their online fund balances.
- Categories
- Finance
- Region
- Sub-Saharan Africa
-
Rwanda Is the Latest African Country Considering a National Digital Currency to Boost Financial Inclusion
Rwanda is the second African country to show an interest in a digital currency this year. Earlier in 2019, South Africa’s central bank announced that it was doing a feasibility project.
- Categories
- Finance
- Region
- Sub-Saharan Africa
-
Viewpoint: Nigeria’s Banks Stand to Gain More From Mobile Money Than MTN
MTN Nigeria, which runs the country’s biggest mobile phone network, won a license from the country’s central bank in July to provide financial services. But replicating the success of MTN’s mobile money offer in east Africa will be a big ask.
- Categories
- Finance
- Region
- Sub-Saharan Africa
- Tags
- digital finance, fintech
-
Press Release: Steward Bank and Youtap Launch Mobile Money Services in Zimbabwe
The new service provided by Steward bank will allow customers to use e-money to pay at the point of sale and for selected transport services.
- Categories
- Finance
- Region
- Sub-Saharan Africa
-
India’s Mobile Payments Firm MobiKwik Reaches Rare Key Profit Milestone
The 10-year-old Gurgaon-headquartered firm said Tuesday it is now generating a profit excluding interest, taxes, depreciation and amortization.
- Categories
- Finance
- Region
- South Asia