-
Safaricom CEO Warns His “Clumsy” Product Needs to Diversify or Risk Dying
The future of M-Pesa, the world’s leading mobile money-transfer system, lies in transforming the service’s “clumsy” technology into something more efficient, innovative, and collaborative. At least that’s the vision spelled out by the company’s CEO.
- Categories
- Technology
- Region
- Sub-Saharan Africa
-
Equitel Now Kenya’s Second Biggest Mover of Mobile Money
The battle for mobile phone money transactions business is changing in a manner that may cause various players to stop and take notice.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- digital payments, fintech
-
Financial Innovation Startup and 12 Global Banks Test Blockchain Based Cross-Border Payment System
U.S.-based financial innovation start-up R3, along with 12 global banks, have completed the test of a cross-border payment system powered by blockchain technology and developed by financial technology company Ripple.
- Categories
- Technology
-
Africa Demands Tailored Mobile Money Services
With technology disruption so evident within financial servicesand an increasing number of mobile money and remittance platforms taking off in Africa, it is not surprising that telcos and network operators are eager to tap into the activity in developing markets. But according to remittance experts securing a foothold in mobile payments is not easy and requires a lot more than simply developing a service and evangelising the offering: it is essential to match up product/ service with the realities of target markets.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- digital payments, fintech
-
USAID Launches Catalyst to Drive Cashless Payments in India
The U.S. Agency for International Development (USAID) on Friday announced the launch of a new initiative “Catalyst: Inclusive Cashless Payment Partnership” (www.cashlesscatalyst.org).
- Categories
- Technology
- Region
- South Asia
-
Rwanda: Mastercard, GTBank launch digital payment partnership
MasterCard and Guaranty Trust Bank Rwanda Ltd (GTBank Rwanda) are introducing a suite of digital payment solutions, aimed at extending the demand for safe and convenient payment solutions.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
-
‘Her Hands Trembled’ When She Borrowed Her First $64; Now She’s Giving Advice to BRAC
BRAC, which has been gradually integrating mobile money into its microfinance operations since 2011, has introduced a number of new initiatives, including investing heavily in client protection, customer service and financial education, and developing mobile money use cases. Here, as part of FI2020 Week's spotlight on keeping clients first in a digital world, a long-time client gives her perspective on this evolution.
- Categories
- Uncategorized
-
Can mVisa Give Ecocash a Run for Its Money?
Mobile payments have become an increasingly important and viable option in Zimbabwe’s payments landscape due, in part, to the prevailing cash shortages and government’s quest to enhance financial inclusion.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- digital payments, fintech
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.