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Samsung Pay Mobile Payment Platform Goes Live in India
Samsung's mobile payment platform Samsung Pay has finally launched in India. The service was expected to make its debut in India for weeks now. The company on Monday confirmed to Gadgets 360 that mobile payments platform Samsung Pay was open for Early Access registrations in India, via the official Samsung Pay website.
- Categories
- Technology
- Region
- South Asia
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Unlocking the Power of Digital Financial Services for Humanitarian Response
More people worldwide are in crisis than ever before and the humanitarian sector is transforming how it responds to them; it's moving away from a commodities-based approach toward cash-based assistance. Digitizing these cash payments can help build bridges between the humanitarian and development sectors, but progress has been slow. What can speed it up? A new report by the Bill & Melinda Gates Foundation might help.
- Categories
- Finance, Technology
- Tags
- data, digital finance, fintech
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Indian City Advances as Fintech Hub as Visa, Reuters Move In
Multinational giants Thomson Reuters and Visa will launch their operations in the south Indian city of Vishakhapatnam next month, as the city gains prominence as a leading financial technology hub in the country. Global data and technology provider Thomson Reuters will join the world’s leading payments network Visa in launching operations in Vishakhapatnam, a coastal Indian city in the southern state of Andhra Pradesh.
- Categories
- Technology
- Region
- South Asia
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Kenya Cabinet Secretary denies claims that government wants to break up Safaricom
The government has allayed reports that it is intending to split leading telecommunication operator in the country, Safaricom. Information, Communication and Technology Cabinet Secretary Joe Mucheru has insisted that the government’s role is to provide policy guidance and coordination in the sector as opposed to interfering in business operations and investment.
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- Technology
- Region
- South Asia
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Microloan approvals done in 7 minutes, not 7 days in India
Bharat Financial Inclusion, India's second-largest microfinance company, has linked its credit systems to the national database to speed up cheaper financing to those at the margins.
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- Technology
- Region
- South Asia
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Calls from rivals for higher charges by Safaricom rejected
Proposals by Airtel and Telkom Kenya that could have seen Safaricom forced to charge its customers higher rates than its rival telecommunications providers have been rejected by consultants hired to assess competition in the sector.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Woman-Led Tala Raises $30 Million Series B For Micro-Loans Via Smartphone
Tala, a startup that makes micro-loans to entrepreneurs in the developing world via smartphone app, has raised a $30 million Series B round as it expands into new geographical markets.
- Categories
- Investing, Technology
- Tags
- fintech, venture capital
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Kenya: Safaricom Faces M-Pesa Break Up in Market Dominance War
Telecoms operator Safaricom could be forced to hive off its popular mobile money service M-Pesa if sector regulator, the CA, moves to implement recommendations of a market dominance report.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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