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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
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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
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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
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‘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
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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
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Digital Technology is Key to Solving ‘Wicked Problems’ in Agriculture
There's a great need for partnerships between the private sector and government – as well as broader, cross-sectoral partnerships inclusive of civil society, NGOs, farmer organizations, research institutes and academia – in order to collaboratively solve "wicked" problems with information and communication technologies for agriculture.
- Categories
- Agriculture
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Mobile Money Meets Microcredit: Three Key Decisions in Taking a Concept from Design to Pilot
SAJIDA Foundation in Bangladesh is using evidence from data analytics, business case analysis and client research to improve cross-selling as part of the OPTIX project. Three key evidence-based programmatic decisions were necessary to take a new mobile financial service-based microfinance initiative from the design table to being piloted in the field.
- Categories
- Finance
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India Lags Peers in Its Bid Towards a Cashless Economy
The past couple of years have seen a number of initiatives to facilitate cashless transactions in the Indian economy, including the launch of the Unified Payment Interface (UPI) earlier this year. Such moves may raise the volume of cashless transactions in India in the years to come but the latest available internationally comparable data shows why moving towards a cashless economy remains a Herculean challenge for the country.
- Categories
- Technology
- Region
- South Asia
- Tags
- digital payments, fintech