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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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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.
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- Impact Assessment, Technology
- Region
- South Asia
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MTN offers Mobile Money Visa in South Africa
MTN SA has launched a Visa card for Mobile Money users in SA.
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Why mobile money has failed to take off in India
As we report this week, in much of the developing world, mobile money is evolving.Initially just a means of making payments, it’s now becoming a platform for an entire financial-services industry.
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BitPesa set to launch in Nairobi
Kenyan startup BitPesa is set to formally launch in Nairobi next week, bidding to bring down the high transaction fees associated with international money remittance companies by taking advantage of the digital, borderless currency Bitcoin.
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- Uncategorized
- Region
- Sub-Saharan Africa