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Mastercard Targets Emerging Markets With Mobile-Payments Acquisition
More than 80% of the world's purchases are still made using cash. Mastercard thinks mobile payments technology might hold the answer to digitizing those transactions.
- Categories
- Finance
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Indonesia eyes fintech regulation to avoid ‘loan shark-like’ practices
The emergence of these peer-to-peer (P2P) lending platforms, offering loans ranging from as little as a few hundred dollars to several thousands, has so far been welcomed by Indonesia, Southeast Asia’s biggest economy where tens of millions of people have little or no access to bank credit.
- Categories
- Finance
- Region
- Asia Pacific
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MTN targets mobile money comeback in South Africa
In comments cited by South African newspaper Business Day, MTN CEO Rob Shuter revealed the company is building new products around financial services including loan offers, investment products and insurance, as it looks to boost its offering in the segment and attract customers in South Africa.
- Categories
- Finance
- Region
- Sub-Saharan Africa
- Tags
- digital payments, fintech
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With revamped T-kash, Telkom Kenya aims to challenge Safaricom’s dominance
Telkom Kenya relaunched a mobile financial services platform on Monday that it hopes can challenge Safaricom’s dominance of Kenya’s lucrative mobile money market.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Amazon considers launching branded checking accounts for unbanked
Amazon is reportedly in talks with JPMorgan Chase & Co., and Capital One Financial Corp., to offer checking account services to younger customers and the unbanked.
- Categories
- Finance
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How immigrants are driving digital transformation of U.S. remittances
There are about 43.7 million immigrants in the United States, and remittances sent from here by foreign-born immigrants rose to $66 billion from $50 billion over the past five years, according to the World Bank.
- Categories
- Finance
- Region
- North America
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World Economic Forum leads creation of fintech cyber security consortium
The World Economic Forum has led the creation of an industry consortium focused on improving the cybersecurity of financial technology companies, as collaboration between fintechs and financial institutions grows.
- Categories
- Finance
- Tags
- cybersecurity, fintech
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Four Steps to Avoid Dead-End Impact Investing Leads
Dead-end leads are frustrating for both entrepreneurs and investors. They involve wasted time and resources, disappointment, and the erosion of relationships – and sometimes the exchange of capital that's a poor fit for the entrepreneur’s business. To prevent these issues, the Center for the Advancement of Social Entrepreneurship (CASE) has created an online toolkit to help impact entrepreneurs identify their top investor targets. Kimberly Langsam and Cathy Clark at CASE summarize the simple four-step process – and CASE will host a free online demo with more information on March 13 and 19.
- Categories
- Impact Assessment, Investing
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