-
Fighting ‘Tech Complacency’ in Social Enterprise: Why it’s Time to Embrace Blockchain
All around us, Fortune 500 firms and VCs are embracing disruptive innovation – so why aren't more social entrepreneurs following suit? Gautam Ivatury, founder and CEO of LendLedger, says the time has come for the social sector to take some risks and get out of its comfort zone – instead of simply waiting for technologies to filter down to its target beneficiaries. With blockchain, he says, social entrepreneurs "can redraw how industries work, not just create the latest in an endless series of mission-driven service providers."
- Categories
- Finance, Social Enterprise, Technology
-
Why Nigeria must embrace mobile money and agent banking
Up to 25 mobile money Operators (MMOs) have been licensed since the launch of mobile money service in Nigeria in 2009. Despite this large number of MMOs, high mobile phone and SIM card ownership, mobile money uptake and usage is still low in Nigeria.
- Categories
- Finance
- Region
- Sub-Saharan Africa
- Tags
- fintech, mobile finance
-
Mexico’s new government wants fintech, banks to help financial inclusion
Arturo Herrera, one of two future deputy finance ministers, said in an interview that the lack of financial inclusion was one of the biggest obstacles in the new government’s fight against poverty, inequality and slow economic growth.
- Categories
- Finance
- Region
- Latin America
-
Report: Mobile devices and merchant transactions are driving financial inclusion
In a new report, the company forecasts that mobile merchant transactions by unbanked individuals will grow from 1.8 billion per annum in 2018 to 3.8 billion by 2023.
- Categories
- Finance
-
A nearly cashless Zimbabwe tests the limits of mobile money
Currency depends on trust and confidence. Years of economic crises in Zimbabwe have left all three in short supply, spurring a boom in “mobile money” – an industry that is revolutionizing banking in Africa.
- Categories
- Finance
- Region
- Sub-Saharan Africa
-
M-Pesa puts Safaricom on Fortune’s ‘Change the World’ firms listing
The American multinational business magazine says the mobile money transfer service Safaricom and Vodafone launched in 2007 now claims more than 30 million customers in 10 countries, mostly in remote areas far from banks.
- Categories
- Finance, Telecommunications
- Region
- Sub-Saharan Africa
-
Regulatory Sandbox: What it Could Mean for Kenya
This comes at a time when the country is experiencing a growth in mobile lending, cryptocurrency use, and recommendations to apply blockchain technology in various sectors.
- Categories
- Finance
- Region
- Sub-Saharan Africa
-
Chinese e-commerce giant to begin services in Pakistan this year
At the moment, Ant Financial is undergoing an approval process from the State Bank of Pakistan and the Competition Commission of Pakistan.
- Categories
- Finance, Telecommunications
- Region
- South Asia