-
Paper: Digital Finance Interoperability & Financial Inclusion
Interoperability—the ability for different systems to connect with one another—is attracting a lot of attention among digital finance experts. Interoperable payment systems have the potential to make it easier for people to send payments to anyone and receive payments from anyone quickly and cheaply. Financial service providers welcome the new business opportunities that would emerge from this higher volume of transactions, and policy makers see interoperability as a means to bring more poor people into the financial system, thus fostering financial inclusion.
- Categories
- Technology
-
Wari And Mastercard Partner to Deliver Digital Payment Solutions In 35 African Markets
Wari and Mastercard signed a Strategic Alliance Agreement that will help strengthen the Wari offering for its users but also the digital payment ecosystem in 35 African markets.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
-
Nigerian Fintech Startup Lands $1.3 Million in Investments
Nigerian fintech startup Paystack, announced today that it has closed in on $1.3 million in seed investment.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- fintech
-
Nigeria planning to create 3 million new jobs by 2025 from digital financial inclusion
Nigeria is planning to create three million jobs by 2025 from digital financial inclusion according to the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele. Emefiele said this would be achieved when there is increased adoption of digital financial services, adding that a 90% reduction in the cost of providing financial services is a further goal.
- Categories
- Technology
- Region
- Sub-Saharan Africa
-
Kenyan Banks Are Closing in on What They Think Will Be the Perfect M-Pesa Disruptor
Early next year, Kenyan banks are expected to unveil a digital and mobile money transfer platform to rival M-Pesa’s longstanding dominance as the scramble for cashless payments intensifies.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- digital payments, fintech
-
India’s Largest Mobile Wallet App Disappears From the App Store
With new users comes new responsibilities. India’s largest mobile wallet app is quickly realising this in both good and hard ways.
- Categories
- Technology
- Region
- South Asia
- Tags
- fintech
-
Amazon Launches Amazon Pay Balance in Bid to Increase Cashless Transactions in India
Amazon India on Friday launched its online wallet Amazon Pay Balance, in a bid to increase cashless orders.
- Categories
- Technology
- Region
- South Asia
- Tags
- digital payments, fintech
-
Digital Payment Startups in India Unaware of High Security Risks
As India embraces a cashless economy, there has been a sudden spurt in new mobile wallet companies — but most of these start-ups are setting up digital shops without knowing the cyber risks involved, a top executive from US-based cyber security firm FireEye has emphasised.
- Categories
- Technology
- Region
- South Asia
- Tags
- digital payments, fintech
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.