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Mobile money meets credit card in Ghana
MTN and Visa have partnered to offer customers a mobile payment solution which allows MTN Mobile Money users to make face-to-face and online transactions wherever Visa is accepted.
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- Region
- Sub-Saharan Africa
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Why Kenya’s mobile leaders are optimistic about 2014
MEF, the global community for mobile content and commerce, today launched the first report of a three-country African Growth Market Study on mobile content and commerce.
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- Region
- Sub-Saharan Africa
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Mobile banking clients cross 10m mark in Bangladesh
“The milestone has been achieved in just three years, contributing a lot to the financial inclusion initiative”
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- Region
- South Asia
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Operation Hope Summit: Reaching the Bottom of America’s Pyramid
Rather than casting the poor as lazy or ignorant, society should be looking for ways to redirect their latent talents and connect them with opportunity.
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Telecoms firms pin hopes on mobile banking
Cellular operators want to open up their networks for more banking transactions as they have pinned their hopes on mobile money to grow revenues in the future. According to Fredrik Jejdling, Ericsson’s sub-Saharan African regional head, the most downloaded mobile apps in Africa now were banking apps. Social networks were the second most downloaded.
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Financial Inclusion By 2020: Our Generation’s Equivalent of Putting a Man on the Moon
Organizations like the Center for Financial Inclusion at Accion and the World Bank have recently set a goal by 2020 of achieving full financial inclusion for the 2.5 billion people – about half the planet – who don’t participate in the financial mainstream. Bringing one in two people across the globe into the financial fold is a formidable challenge. Can it be done?
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A data-driven perspective on Islamic finance
In an effort to add some empirical rigor to ongoing debates surrounding Islamic finance, a new working paper and Findex Note explore differences in the usage of formal financial services between Muslims and non-Muslims, and the usage of and preference for Sharia-compliant banking products.
- Categories
- Education
- Region
- North Africa & Near East
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Mobile banking without a phone: Here comes the bank van
In Uganda, Rwanda, and the Philippines mobile banking vans reach out to the rural poor as an alternative to cell phone banking schemes.
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