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COVID Coin?
The COVID-19 pandemic is accelerating the long-term shift away from cash, and monetary authorities risk falling behind. A recent report from the G30 argues that if central banks want to shape the outcome, they need to start thinking fast.
- Categories
- Coronavirus, Finance, Technology
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How Fintech Khalti Is Empowering Women in Nepal
Khalti means “pocket” in Nepali, and it also refers to the popular e-wallet, mobile payment gateway, and digital service provider in the former kingdom of Nepal.
- Categories
- Technology
- Region
- Asia Pacific
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The Newly-Launched Uber Cash Is the New Nightmare for Uber Drivers in Africa
Five days ago, global ride-hailing giant, Uber, announced the addition of a new payment feature to its app for users in Africa. However, this is the sort of development that would’ve gotten Uber drivers bummed as much as it got Uber and its users pumped.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Mastercard Left Libra Association Over Regulatory and Viability Concerns, Says CEO
Banga said there were no obvious means for the Libra Association to become profitable or make money from its users. "When you don’t understand how money gets made, it gets made in ways you don’t like," he said.
- Categories
- Finance
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Brazil’s Unicorn FinTech EBANX Pilots Digital Wallet
Founded in 2012, EBANX originally processed payments for Brazilian clients of global websites and recently expanded to offer services to Brazilian eCommerce platforms.
- Categories
- Finance
- Region
- Latin America
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Facebook Plans Own Mobile Money Wallet Based on New Libra Currency
Facebook has released more details of its planned currency Libra. The first product will be a digital wallet designed to make it easy to save, spend and transfer money over the internet. The wallet will be available in Messenger, WhatsApp and as a standalone app, with an expected launch in 2020, the company said.
- Categories
- Finance, Technology
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Vietnam strides towards cashless society with e-wallets boom
Vietnam is on the cusp of a mobile payment revolution, and the key factor to raising adoption is whether the e-wallets could become ubiquitous locally.
- Categories
- Finance
- Region
- Asia Pacific
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MTN’s successful IPO in Ghana shows the far-reaching potential of mobile money in Africa
MTN successfully pulled off a first: a historic initial public offering done mainly through mobile money.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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