-
South Africa Allocates Additional $9 Million to MyMzansi Digital Government Platform
New funding supports DPI development as national digital ID plans advance and central bank explores separate payments credential.
- Categories
- Technology
- Region
- Sub-Saharan Africa
-
Digital Public Infrastructure Is Supposed To Be Interoperable: Why Does the Standardization End When Something Goes Wrong?
Digital public infrastructure (DPI) is becoming more common in emerging markets, as a growing number of governments are building population-scale digital systems for identity, payments and data exchange. And as DPI increasingly crosses national borders, involving multiple governments, processes and contractors, the need for interoperability in these systems is growing. According to David Porteous at Integral: Governance Solutions, Maria Luciano, Deepti George at Yutadhi, and Sahana Arun Kumar at Amarante Consulting, this growing reach and complexity mean that redress — i.e., citizens’ ability to challenge errors in DPI systems and obtain remedy — should also be interoperable. They share insights from a research project that examined grievance redress mechanisms for 15 DPI systems in Brazil, India, South Africa, Benin and Ethiopia, exploring how they can move toward greater standardization.
- Categories
- Technology
-
Algeria’s Fintech Era Begins as Telecom Giant Djezzy Secures Country’s First PSP License
Once fully licensed, Djezzy Payment Services will be permitted to issue digital wallets, process electronic transactions, and operate agent-based financial networks without functioning as a full-service commercial bank.
- Categories
- Finance, Telecommunications
- Region
- Sub-Saharan Africa
-
Press Release: World Bank Group Launches Initiative to Help Local Financial Institutions Expand Digital Payments in Emerging Markets
". . . the initiative is expected to increase competition and improve the quality and accessibility of payment services."
- Region
- Global
-
Mastercard Launches Wallet Pay to Scale Digital Wallets Worldwide
Harnessing the industry’s most advanced capabilities, Mastercard Wallet Pay solutions empower wallet providers to deliver frictionless experiences — from everyday spending to cross-border transfers – meeting the demands of a rapidly expanding digital economy.
- Categories
- Finance, Technology
- Region
- Global
-
Sun King Joins Kenya’s Growing Smartphone Financing Race
"Sun King’s move comes as Kenya’s smartphone market becomes harder to simply define by ownership."
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
-
The Hidden Cost of Digitization for Women Entrepreneurs: Recent Research Reveals Gender Differences in the Impacts of Fraud — And Highlights Some Solutions
Rising rates of financial fraud in emerging economies threaten to undermine the promise of digitization for women entrepreneurs. As Tanvi Jaluka at CARE and Lauren Perlik at Innovations for Poverty Action (IPA) explain, fraud is among the well-documented barriers women face in accessing digital financial tools and services. But there has been a lack of data on the unique risks women experience once they have already gained this access or adopted these tools. To better understand these impacts, CARE and IPA have combined their data from multiple survey projects to answer a few key questions: Is there a specific story for women around digital risk and fraud? Are they more vulnerable? And what can we do to improve their resilience?
- Categories
- Finance, Technology
-
India’s Software firm Rezolv Raises $12.5 Million Series A Led by Norwest
Rezolv sells software to banks and non-banking financial companies to manage debt collection, from early reminders through legal recovery.
- Categories
- Technology
- Region
- Asia Pacific
Subscribe to Our Weekly Newsletter, "NextBillion Notes"
Published each Wednesday, our e-newsletter features NextBillion's latest original articles, along with a selection of news, jobs, bizdev opportunities and events from our recent coverage — and regular conference ticket giveaways.
We respect your privacy. Your information is safe and will never be shared.
Don't miss out. Subscribe today.