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Banks Challenge M-PESA in Kenya: What their emergence could mean for the world’s leading mobile money market
Since its launch in 2007, Safaricom’s M-PESA has dominated Kenya’s mobile money market. However, new data from the Helix Institute of Digital Finance shows that this now seems to be changing, as banks are taking a growing slice of the pie. Helix explores why this could be a positive development for customers – and for the overall market.
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- Uncategorized
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Can China’s Financial System Become More Inclusive?
Beijing is trying to make finance accessible to those traditionally denied it, with mixed results.
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- Uncategorized
- Region
- Asia Pacific
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PRESS RELEASE: Bangladesh Government joins the Better Than Cash Alliance
Aligned with the nation's Digital Bangladesh Vision 2021, the Government of the People's Republic of Bangladesh today announced it will accelerate its transition from cash to digital payments, marked by a new partnership with the Better Than Cash Alliance.
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- Uncategorized
- Region
- South Asia
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Ugandan court says mobile money illegal, but no jurisdiction
A court has pronounced that mobile money business operated by the five major telecommunication companies is illegal - a judge dismissed the case, however, because it was instituted in the wrong court.
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- Uncategorized
- Region
- Sub-Saharan Africa
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REPORT: By 2020, biometrics will be predominant method bank customers will use to identify themselves
Goode Intelligence today issued a new Analyst Report forecasting that by 2020, bank customers will use biometrics as the predominant method of identifying themselves to access bank services.
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- Uncategorized
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PRESS RELEASE: Finance Minister launches National Financial Inclusion Strategy for Pakistan
The Federal Finance Minister, Senator Mohammad Ishaq Dar, launched National Financial Inclusion Strategy (NFIS) for Pakistan at Islamabad.
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- Uncategorized
- Region
- South Asia
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Tanzania surpasses financial inclusion target
TANZANIA has surpassed its financial inclusion target of 50 per cent, some two years ahead of deadline in 2016, thanks to mobile transaction platform.
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- Uncategorized
- Region
- Sub-Saharan Africa
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Twitter Top Ten
Unlike in the world of global soccer, this week in global development was marked by a fair amount of positive news. We captured some of it in this week’s Top Ten list, which features everything from mobile money momentum and impact investing resources, to promising health care innovations - along with a couple of cool videos.
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- Agriculture, Health Care, Technology