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Commercial Bank of Africa Targeting Rwanda’s Mobile Money Market
Commercial Bank of Africa (CBA) is targeting to enter the Rwandan market as it seeks to grow its foothold in the region.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Ecobank Launches Mobile Money Treasury Bill Product
Ecobank Capital Advisors Limited, a wholly-owned subsidiary of Ecobank, and MTN Mobile Money has introduced the Ecobank TBill4All, designed to boost financial inclusion and investment for everyone.
- Categories
- Technology
- Region
- Europe & Eurasia
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Bitcoin Fintech Unocoin Sets $1.5M VC Indian Investment Record
Bangalore-based Bitcoin start-up Unocoin has raised $1.5 million (m) in a Pre ‘Series-A’ investment round, a record high for any digital currency venture in Indian history. But while the founder’s vision is to “scale Bitcoin” to the masses and address a largely ‘unbanked’ nation, is it such a big deal really?
- Categories
- Investing, Technology
- Region
- South Asia
- Tags
- fintech
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Ericsson, HomeSend Partner on Mobile Financial Services
Millions of users with Ericsson-powered mobile wallets will be able to send and receive money via a global network of remittance providers, cash agents and banks hubbed by Belgian firm HomeSend.
- Categories
- Technology
- Tags
- fintech
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Banks Having More Luck Than Telcos in Cracking South Africa’s Mobile Money Market
While South African telcos have found the going tough with their mobile money offerings, local banks are singing a different tune.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Commercial Bank of Africa Weighs Options to Reduce M-Shwari Fees
Commercial Bank of Africa says it is likely to revise down the 7.5 per cent facilitation fees for its mobile phone-based monthly loans via the M-Shwari platform by end of the year.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Cash Shortages Cripple Mobile Money in Zimbabwe
The prevailing cash shortages have suffocated mobile money subscribers, who are failing to get their money or do cash-out transactions.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Indian Banks Looking to Raise Their Game Using Technology
In July, the Reserve Bank of India (RBI) set up an inter-regulatory working group to study issues relating to financial technology (fintech) and digital banking in the country. The aim is to understand major fintech innovations and developments and how the markets—the financial sector in particular—are adopting new delivery channels, products and technologies.
- Categories
- Technology
- Region
- South Asia
- Tags
- fintech
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