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Viewpoint: How Mobile Wallets Fend Off Economic Shocks
Households as well as companies can mitigate economic risks better by adopting mobile-based transactions, a new study finds.
- Categories
- Finance, Technology
- Region
- South Asia
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GSMA and WFP Launch Mobile Money Program to Distribute Disaster Relief
The GSMA will be working with the United Nations World Food Programme (WFP) to provide civilians with financial relief during humanitarian crises. Examples include pandemics and natural disasters, although the program is not limited to those specific situations.
- Categories
- Coronavirus, Technology
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Liberia: MTN Liberia Launches International Remittances Direct to Mobile Money Accounts
Lonestar Cell MTN, one of Liberia's leading GSM and Mobile Financial Services companies, announces that, as of August 3, 2020, Mobile Money customers can receive money from their family and friends anywhere in the world directly to the MoMo accounts, free of charge with the launch of International Remittances.
- Categories
- Finance, Technology
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Mobile Marketing Experts Show How Fintech Apps Will Emerge Fighting Fit From The Covid-19 Crisis
Interest in and comfort with mobile finance was strong ahead of the crisis, with the sector showing an impressive growth trajectory that started last year.
- Categories
- Coronavirus, Finance
- Tags
- coronavirus, fintech, mobile finance
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Visa and Kenya’s Safaricom Partner on M-Pesa, Payments and Tech
The arrangement opens to M-Pesa’s own extensive financial services network in East Africa Visa’s global merchant and card network across 200 countries.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Brazil Undertakes Massive Tech-Enabled Financial Inclusion Exercise With “Coronavoucher”
Millions of unbanked citizens are receiving the government's emergency financial aid through a mobile app.
- Categories
- Coronavirus, Finance, Technology
- Region
- Latin America
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An Overlooked Obstacle to Digital Finance in Nigeria: How Persistent Right of Way Issues Have Hindered Financial Inclusion
Mobile financial services have rapidly boosted financial inclusion in sub-Saharan Africa. But the region’s largest economy, Nigeria, has consistently failed to keep pace with its peers. Many analysts have attributed this to the country’s regulatory caution, but according to Olayinka David-West and Ibukun Taiwo at the Sustainable and Inclusive Digital Financial Services initiative of the Lagos Business School, there's an even more fundamental obstacle the country must overcome.
- Categories
- Finance
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Zimbabwe’s Lack of Cash for Once Is a Good Thing
“It’s a big advantage,” Eddie Cross, a member of the central bank’s monetary policy committee, said of the cashless environment. Reserve Bank Governor John Mangudya last week urged lenders to ensure uninterrupted continuity with all digital banking platforms, which were the “safest and most secure forms” of transacting.
- Categories
- Coronavirus, Finance
- Region
- Sub-Saharan Africa
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