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Impact investing on the cusp of mainstream wealth management
The news releases arrived in noteworthy succession throughout 2013. Morgan Stanley,UBS AG, The Goldman Sachs Group Inc., and JPMorgan Chase & Co. — some of the biggest names in the financial services industry — announced plans to establish or augment their activities around impact investing.
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The apparent M-Pesa monopoly may be set to crumble
Competition to the M-Pesa is heating up in Kenya, the world’s most advanced mobile payments market.
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- Impact Assessment
- Region
- Sub-Saharan Africa
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Dispatches from the Mobile Money Revolution: Mondato Summit Africa highlights the dynamism (and tensions) behind the continent’s embrace of mobile finance
Africa is widely seen as ground zero in the mobile money revolution that’s sweeping the developing world. The Mondato Summit Africa brought some of the continent’s key mobile financial services players together for a lively, at times controversial discussion of the challenges and opportunities they face.
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International Telecommunication Union sets up mobile money focus group
The International Telecommunication Union (ITU) has established a focus group on mobile money, setting its sights on global financial inclusion.
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- Uncategorized
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South Africa: MTN, Pick N Pay in Mobile Money Partnership
Johannesburg — MTN and Pick n Pay have partnered for a free money transfer service that is poised to empower millions of South Africans excluded from the banking system.
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- Uncategorized
- Region
- Sub-Saharan Africa
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Wealthy support greater effort to promote social equality
Ninety percent of wealthy individuals say they would be willing to pay higher taxes, support more job creation and greater educational opportunities in an effort to promote more income equality, according to a new survey by US Trust.
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Reserve Bank of India testing mobile-based payments system linked to Aadhaar national ID platform
Despite uncertainty surrounding Aadhar's future, RBI is testing a mobile-based payments system linked to this platform
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- Uncategorized
- Region
- South Asia
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Google announces ‘Android One’ standard for affordable devices, arriving first in India at under $100
Google has revealed a new program called Android One which will specify a set of hardware and software guidelines for device makers to adhere to if they wish to attain official ‘Android One’ status.
- Categories
- Impact Assessment, Technology
- Region
- South Asia