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One nation, under code: How India leads the way in the interoperability of QR code for payments
Thanks to Paytm, the use of QR code as a form of mobile payment made an entry and has begun to impact. The black-and-white sign is sported by kirana stores, vegetable carts and tea stalls all over the country. In the aftermath of demonetization, Paytm made it ubiquitous in their attempt to sign up merchants for acceptance of Paytm wallet.
- Categories
- Finance, Technology
- Region
- South Asia
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New Case Study Details How to Deploy Successful Agency Banking in Africa
Agency banking utilizes a network of local merchants and shopkeepers, in areas where FINCA usually doesn’t have a presence, to provide basic banking services. The agents are equipped with POS (Point of Sale) machines, a portable device that securely connects to FINCA bank accounts through biometric fingerprints.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Aadhaar Pay yet to find base in India
Going beyond knowing your customer (KYC) application, have payments via Aadhaar taken off? According to recent figures, a majority of Indians are still using Aadhaar only for e-KYC verification and not day-to-day payments.
- Categories
- Technology
- Region
- South Asia
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Financial inclusion and the right to privacy
While Aadhaar promises to bring improvements in the delivery of services to poor people and under-served communities, it could also facilitate the collection of massive amounts of information, which would expose vulnerable consumers to privacy risks—competing factors that well-crafted legislation can address.
- Categories
- Uncategorized
- Region
- South Asia
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India Stack: To serve the underserved
Technology platforms can have a deep impact if it touches the underserved segments of the population. Keeping this in mind, Dalberg Advisors and iSPIRT have thrown open a competition to entrepreneurs to build their innovative solutions on India Stack platform.
- Categories
- Technology
- Region
- South Asia
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Aadhaar barring poor from state benefits: Activists
Citing information from RTI pleas, information activists said on Tuesday the government's claim that technology and Aadhaar had helped weed out corruption "was without any basis".
- Categories
- Technology
- Region
- South Asia
- Tags
- digital identity
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Kenya: Concern grows over mobile money user information
According to Business Daily, Safaricom is already planning to introduce a platform that will host digital identification for customers.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
- Tags
- digital identity, fintech
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Aadhaar in focus: B-school ISB to do research on world’s largest digital identity system
To promote an ecosystem of academic research on Aadhaar, ISB, which has campuses in Hyderabad and Mohali, will engage with researchers and academic institutions from India and abroad. It will study the impact of Aadhar on benefit transfers, financial inclusion, healthcare schemes, public distribution systems and public policy.
- Categories
- Technology
- Region
- South Asia
- Tags
- digital identity
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