-
Uganda’s youth are addicted to gambling on English soccer, now the government wants to crack down
Paul Wasswa has been sat at the counter for seven hours, his eyes darting between a virtual roulette screen above and betting slips in front. The university student hopes his Saturday spent in one of Kampala’s many betting outlets brings big rewards.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- digital payments
-
The Girl Effect: Accelerator Connects Girls in Poverty with Silicon Valley Innovators
What if girls destined for poverty in developing countries were connected with some of the best minds in Silicon Valley? They can be, thanks to the Girl Effect Accelerator, an initiative of the Nike Foundation and the Unreasonable Group. The program helped Annetty Chama go from having no job – and no hope of getting one – to becoming her family's primary bread-winner in Zambia.
- Categories
- Education
-
Indians will soon be able to make transfers between digital wallets, thanks to the government
Digital wallets such as Paytm and MobiKwik are set to become inter-operable as Reserve Bank of India (RBI) prepares to open up the Unified Payment Interface platform for them as part of the government’s digitisation campaign.
- Categories
- Technology
- Region
- South Asia
- Tags
- digital payments, fintech
-
FinTech’s Elephant Seal Problem
Like the elephant seal, most fintech companies are focused on growing as large as possible. That means they usually choose a free business model to facilitate growth. Kristen Berman and Wendy De La Rosa of the Common Cents Lab say there's a better way: Abandon the free model and focus on removing the true psychological barriers to financial management.
- Categories
- Technology
-
Social Business Roundup: A Defiant Asset Manager, Salty Doorknobs and Who Has it Worse?
This week in social business, the world's third-largest asset manager is pressuring companies to add more women to their boards; a Nobel Prize winner's ponderings on inequality within nations might make you rethink life in America; and salt earns a chance to be a hero – for a change.
- Categories
- Energy, Environment, Health Care, Investing
-
Cheaper and easier to handle, UPI apps pose challenge to e-wallets in India
Apps using the newly launched Unified Payments Interface (UPI) are threatening to dislodge the hold mobile wallets currently have on small & medium enterprises (SMEs) and retailers. Platforms like Goodbox, Shoptimize and Nowfloats, which help small ventures take their businesses online, say there's growing interest among these companies to test the UPI payment method.
- Categories
- Technology
- Region
- South Asia
- Tags
- digital payments
-
Samsung Pay Mobile Payment Platform Goes Live in India
Samsung's mobile payment platform Samsung Pay has finally launched in India. The service was expected to make its debut in India for weeks now. The company on Monday confirmed to Gadgets 360 that mobile payments platform Samsung Pay was open for Early Access registrations in India, via the official Samsung Pay website.
- Categories
- Technology
- Region
- South Asia
-
PesaLink is no threat to M-Pesa, says Safaricom
The planned launch of interbank mobile money transfer system next month by commercial banks will not slow down revenues from Safaricom's M-Pesa, chief executive Bob Collymore has said. He says a significant number of close to 25 million customers on its money-minting machine, M-Pesa, will not be swayed by PesaLink because they do not hold conventional bank accounts.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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.