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In Sierra Leone, New Kiva Protocol Uses Blockchain to Benefit Unbanked
The National Civil Registration Commission developed the national digital identity platform with support from Kiva, a nonprofit organization based in San Francisco that allows people to lend money to low-income people around the world, as well as the United Nations Capital Development Fund and the United Nations Development Programme.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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WhatsApp in Talks to Launch Mobile Payments in Indonesia
Indonesia could become the second country worldwide where WhatsApp introduces such services, as it awaits regulatory approval from India, its biggest market by users, that has been delayed due to local data storage rules.
- Categories
- Finance
- Region
- Asia Pacific
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Fintech Deals in Indian Startups Surpass China Despite a Lending Slowdown
China saw deals drop to five-quarter low of 15 deals, down 81% from Q2 of calendar year 2018. However, broader deal-making across the globe has been relatively flat this year.
- Categories
- Finance
- Region
- South Asia
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China’s Proposed Digital Currency Will Help Banks Bridge Gap on Mobile Payment, Curb Dominance of Alipay, Wechat
Banks’ participation in the central bank’s digital currency will help them better compete with third party payment network operators.
- Categories
- Finance
- Region
- Asia Pacific
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Survey: Cash Payment Still ‘King’ in Kenya, Despite Digital Money Growth
According to the report, just under half of domestic remittances and 30 per cent of bill payments are now made via mobile money.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Viewpoint: Perpetual Debt in the Silicon Savannah
One Kenyan argued the apps are ‘enslaving’ people—from the working poor to the salaried classes—by making claims on their future labor.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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PayPal Helps Entrepreneurs With MetLife and Village Capital
PayPal, venture capital firm Village Capital and financial health expert, MetLife Foundation, have come to together to launch Finance Forward – a global coalition to support fresh entrepreneurs.
- Categories
- Finance, Health Care
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Reserve Bank of India Allows Fintech Companies, Financial Institutions to Set up Regulatory Sandbox
The RBI said the RS fosters 'learning by doing' on all sides and regulators obtain first-hand empirical evidence on the benefits and risks of emerging technologies and their implications.
- Categories
- Finance
- Region
- South Asia
- Tags
- fintech, regulations, startups
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