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Tiny Loans Are Big Business Once Again in India
Lending to India’s poor is a good business once again.
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- Uncategorized
- Region
- South Asia
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A Mixed Bag in Kenya: Safaricom’s products have moved far beyond M-PESA – but are they reaching the poor?
With amounts equivalent to over 40 percent of Kenya’s GDP flowing through M-PESA, Safaricom’s success in person-to-person mobile money transfers is legendary. And over the last two years, the telco has added innovative financial services beyond basic P2P transfers that have reached millions of customers. But research from InterMedia suggests that these products aren’t yet being adopted by the groups that need them most.
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- Education
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Opinion – Mobile Money Interoperability: Finally on the Horizon?
Now, here’s the most interesting development, in my opinion.
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- Uncategorized
- Region
- South Asia
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Bitcoins and Financial Inclusion: Not Much of a Link for Now
Beyond being digital, what does Bitcoin have in common with electronic money and financial inclusion generally? At this point, there seem to be more differences than similarities and it's important not to conflate electronic money with the virtual currency.
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- Uncategorized
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T-Mobile reaches out to U.S. Latinos with mobile money
T-Mobile has now become notorious for upending the wireless industry with its "Uncarrier" plans, and now the company is planning to "un" bank your finances. After surveying the market and finding that banks were charging too many fees and weren't appealing enough to customer needs - including U.S. Latinos - T-Mobile has decided to shake up the banking industry as well with a service called "Mobile Money".
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- Uncategorized
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Nigerian banks, MNOs urged to improve investment in mobile money
Banks and other mobile money operators have been advised to significantly increase their investment in mobile money technology so as to encourage more users of that means of money transfer.
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- Uncategorized
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MasterCard encourages debit, pre-paid cards to advance financial inclusion in India
With a high growth potential, debit and pre-paid cards can be used to accelerate financial inclusion and reaching out to rural India, a senior MasterCard Worldwide official said here today.
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- Uncategorized
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Africa leads in mobile banking
Mobile banking activity is highest in Africa, led by Nigeria, South Africa and Kenya - which has the reputation for being the world's mobile money pace-setter with M-Pesa.
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- Uncategorized
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