-
Pakistan Post, National Bank of Pakistan sign a Memorandum of Understanding to boost digital financial services
Pakistan Post and National Bank of Pakistan signed a Memorandum of Understanding (MoU) here at ECO Postal Staff College Auditorium to boost Digital Financial Services in the country through a huge network of 12,000 Post Offices countrywide as well as to achieve the target of the State Bank of Pakistan for strengthening National Financial Inclusion Strategy extending Digital Financial Services to 50% population of Pakistan by the year 2020.
- Categories
- Finance
- Region
- South Asia
-
2017 not rosy for mobile cash in Kenya
“Months of political uncertainty affected economic activity. Many sectors did less business than usual which translated into decelerated growth in payment channels in general,” said Mr Stephen Nduati, former head of national payment systems at the CBK, who now works as an independent consultant on mobile money in Kenya.
- Categories
- Finance
- Region
- Sub-Saharan Africa
-
Telco market debate could see Safaricom split into two
“As you are aware, the Communications Authority of Kenya, (CA) contracted MS Analysys Mason to carry out a competition study of the telecommunication sub-sector with a view to evaluate the competitive landscape of the market,” said the authority in a notice published in national newspapers on Friday.
- Categories
- Finance
- Region
- Sub-Saharan Africa
-
Global regulators neutral on new rules for ‘hyped’ fintech
Analysts have said banks could become irrelevant as fintech firms become the “face” of financial services, a scenario Basel said seems far-fetched.
- Categories
- Finance
- Tags
- fintech, regulations
-
India fintech seeking to raise at least US$87m to grow tech capabilities
AN Indian fintech company is seeking to raise over US$87 million of equity funding to expand its technological and analytics capabilities.
- Region
- South Asia
- Tags
- fintech, venture capital
-
Africa’s first bitcoin exchange targets 1 billion users
Luno, founded in South Africa in 2013, has plans to become one of the leading cryptocurrency traders in the world.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
- Tags
- cryptocurrency, fintech
-
India Posts’ payments bank to begin operations from April
India Posts Payments Bank (IPPB) is all set to roll out operations on a pan-India level from April this year, which will also include digital transactions.
- Categories
- Finance
- Region
- South Asia
- Tags
- digital payments, fintech
-
China’s Impressive Trajectory Toward Universal Financial Inclusion
China has achieved remarkable success in financial inclusion over the last 15 years. Traditional financial service providers have dramatically increased the reach of the formal financial sector, including through the world’s largest agent banking network. China has also been a leader in the fintech revolution, with new technology-driven providers transforming how Chinese consumers make payments, borrow, save, insure themselves against risk, and invest.
- Categories
- Finance
- Region
- Asia Pacific
Subscribe to Our Weekly Newsletter, "NextBillion Notes"
Published each Wednesday, our e-newsletter features NextBillion's latest original articles, along with a selection of news, jobs, bizdev opportunities and events from our recent coverage — and regular conference ticket giveaways.
We respect your privacy. Your information is safe and will never be shared.
Don't miss out. Subscribe today.