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Growth Of Payroll Cards Brings Financial Inclusion For Unbanked Americans
According to a recent Federal Deposit Insurance Corporation (FDIC) survey, more than 68 million Americans live day to day in a cash-only economy. They pay their bills and buy groceries with cash and what money they save is stuffed under the proverbial mattress.
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- Uncategorized
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Beyond M-Pesa, Kenya’s market slow to scale mobile solutions
Kenya has emerged as the tech superstar of Africa, spurred by its mobile adoption, entrepreneurial spirit and forward-thinking regulations.
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- Uncategorized
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What’s Holding Back China’s Mobile-Money Market?
China further solidified its position as a market that could greatly impact payments in 2013
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- Education
- Region
- Asia Pacific
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The Power of Interoperability: An interview with Zahir Khoja, CEO of MasterCard’s Mobile Payment Solutions
Lack of interoperability is widely seen as a key barrier to mobile money’s global uptake. But MasterCard’s Mobile Payment Solutions thinks it has found an answer. In this interview with Mercy Corps’ Kyla Yeoman (part 3 of our Mobile Money Movers series), CEO Zahir Khoja discusses the challenges of working with telcos, banks and merchants, and the ways that an interoperable payment tool can impact people’s daily lives at the BoP.
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- Finance
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MasterCard takes controlling stake in mobile remittance service
MasterCard has teamed up with mobile payment solutions provider eServGlobal and Belgacom’s carrier services unit BICS to extend the capabilities of their international mobile remittance platform HomeSend. The three firms have set up a joint venture which uses the HomeSend platform, in which MasterCard will have a controlling share.
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- Uncategorized
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Bon Voyage, Bitcoin: Digital Currency Companies Leave the U.S.
After clashing with regulators and being blacklisted by many banks and credit unions, many emerging-payments companies are seeking a warmer welcome outside the U.S.
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- Uncategorized
- Tags
- digital payments
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Mobile Money for the Unbanked
Mobile money and virtual currencies for cross border remittances: opportunity or risk?
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- Uncategorized
- Region
- Sub-Saharan Africa
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Kenya making progress in fighting financial crimes
Jackson Kitili, interim director of Kenya’s Financial Reporting Centre, a specialised government agency set up in October 2012 to deal with money laundering and other financial crimes, talks about progress in fighting financial crimes.
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- Uncategorized
- Region
- Sub-Saharan Africa
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