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WorldRemit set to boost Ethiopia’s remittance income
“We are proud to be a pioneering bank in modernizing Ethiopia’s payment systems. The various e-payment facilities deployed have enabled us to become the number one provider of technology-based banking services,“ CBE President Bacha Gina said.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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The latest frontier of China’s mobile payments boom is prisons
Alipay, digital payment giant Ant Financial’s mobile platform, confirmed on Monday (Jan. 14) that it has rolled out a new feature allowing prisoners to receive and spend money.
- Categories
- Finance, Technology
- Region
- Asia Pacific
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Ant Invests $40M In Indonesia FinTech Akulaku
Launched in 2016, Akulaku started out with a virtual credit card before developing its own eCommerce platform, boasting 3C products and virtual payment scenarios.
- Categories
- Finance
- Region
- Asia Pacific
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Why the next big thing in fintech is not mobile payments
The next big thing in fintech isn’t mobile payments – it’s data.
- Categories
- Finance
- Region
- Asia Pacific
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In China, cash is no longer king
A cashless society has many advantages, including lower transaction costs. But it also creates a divide between those who can make cashless payments and those who cannot.
- Categories
- Finance
- Region
- Asia Pacific
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Why fintech in India needs to start counting for the unimaginable 2020
2020 will also be the year of action for SME and MSME banking. Despite playing a pivotal role in the country’s economic growth, the SME market remains relatively underserved with banks.
- Categories
- Finance
- Region
- South Asia
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Chinese retailers warned over mobile money choice
In a post on social media site WeChat, the authority said refusing to accept cash could exclude people unfamiliar with mobile and electronic alternatives, along with those unable to access these services due to living outside major urban areas.
- Region
- Asia Pacific
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Nigeria’s Hello Tractor in AI, blockchain partnership with IBM Research
Nigerian agri-tech startup Hello Tractor has partnered IBM Research to pilot an agriculture digital wallet and decision-making tool that provides demand and supply visibility for farmers, tractor fleet providers and banks.
- Categories
- Agriculture, Technology
- Region
- Sub-Saharan Africa
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