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Kenya’s Equity Bank Seeks Share of Telco Business
An Equity Bank branch in Dadaab. In a move likely to upset the applecart in the telecom sector, Equity Bank has applied for a license to operate a mobile telephone business.
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- Uncategorized
- Region
- Sub-Saharan Africa
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State Bank of Pakistan Launches 5-year Strategic Plan for Islamic Banking
This was discussed by Saeed Ahmed Deputy Governor of State Bank of Pakistan on Islamic Finance in his opening remarks at a two day workshop on Islamic Banking and Finance for journalists organized by SBP here on Monday.
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- Uncategorized
- Region
- South Asia
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Tanzania: Mobile Money Tranfers Gaining Popularity
Financial transactions have always been a challenge for rural, poor people in Tanzania. M-Pesa, an immensely popular system of money transfer via mobile phone, has made life much easier.
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- Uncategorized
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Banks in Zimbabwe face new threat from mobile money
LOCAL banks face a tough hurdle as the emergence of mobile money transfer services (MMTS) appears to pose a serious threat to their survival.
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- Uncategorized
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PRESS RELEASE: World’s first international mobile money service with currency conversion launched
Today, for the first time ever, mobile money users will be able to transfer cash across borders with currency conversion automatically included.
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- Uncategorized
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New Grant to Aid Businesses Creating Jobs, Services for Poor
The Asian Development Bank (ADB) and development partners will use a new $3.6 million grant to support around 20 private sector businesses in Asia targeting poor and low-income communities.
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- Uncategorized
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Mastercard Exec Discusses Business Opportunities and Challenges in India
India has some challenges because it is such a huge country. The population is divided into different strata of people whom you are trying to reach out to.
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- Uncategorized
- Region
- South Asia
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Visa Partners with Airtel in Kenya to Launch Global Mobile Money Visa Card
According to Visa’s Head of Emerging Products & Innovation for Africa, Dougie Henderson said: “This strategic partnership with Airtel and Chase Bank brings the benefits of electronic payments to the under banked in Kenya by being innovative in mobile money services.
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- Uncategorized
- Region
- Sub-Saharan Africa
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