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Nigeria Inter-Bank Settlement System targets 500,000 agents to boost financial inclusion
The Nigeria Inter-Bank Settlement System Plc has relaunched an e-payment platform, mCASH, targeting 500,000 agents, in a bid to deepen financial inclusion in the country.
- Categories
- Finance, Telecommunications
- Region
- Sub-Saharan Africa
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Singapore FinTech Enables Instant Blockchain Remittance for Myanmar Migrant Workers in Thailand
The remittance industry stands as one of the most disrupted industries by blockchain technology.
- Categories
- Finance
- Region
- Asia Pacific
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Jack Ma’s fintech startup shakes up China’s banks
Ant Financial Services Group, founded by Chinese billionaire Jack Ma, has become the world's biggest financial-technology firm, driving innovations that let people use their phones for buying insurance as easily as groceries, enabling millions to go weeks at a time without using physical cash. That success is also putting a target on the company's back.
- Categories
- Finance
- Region
- Asia Pacific
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WhatsApp Payments India launch delayed as Facebook awaits government’s nod
In an earnings call with analysts after reporting its Q2 2018 results, CEO Mark Zuckerberg said the company has been testing the payment feature on WhatsApp in India for some time.
- Categories
- Finance
- Region
- South Asia
- Tags
- digital payments, fintech
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M-Pesa Loses Ground on Person-to-Person Money Transfers
According to the latest report by Communications Authority of Kenya (CA) shows that M-Pesa still commands a large market share compared to the competition with a whopping 23.6 million subscribers up against 3.3 million on Airtel money and 1.9 million on Equitel.
- Categories
- Finance, Telecommunications
- Region
- Sub-Saharan Africa
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Viewpoint: Will mobile money cannibalise banks? Not really, says GSMA Executive
Mobile money is one of the jewels in the crown for Sub-Saharan Africa and it’s a place where we have excelled, and we are working with the industry and all stakeholders to ensure that we continue to excel in this space.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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UN pushes for cross-border mobile money payments
The move is intended to facilitate interconnectivity between registered mobile money account owners within Kenya and across the continent, totaling 277 million according to a 2017 report.
- Categories
- Finance, Telecommunications
- Region
- Sub-Saharan Africa
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Realizing blockchain’s potential for social impact
As is usually the case with disruptive new technology, blockchain comes with a lot of hype. While its best-known application, bitcoin, divides opinion and makes banks and governments nervous, the technology may have great potential to advance social good.
- Categories
- Finance, Technology
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