-
Bank of Ghana to Approve Interest on Mobile Money Deposits
The Bank of Ghana will at the end of 2016 give approval for the payment of interest on mobile money deposits in the country. The Deputy Head of Payment Systems at the Bank of Ghana Carissa Kudowor dropped the hint at the MTN Mobile Money Stakeholder Conference in Accra.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- mobile finance
-
Visa to Offer Debit Cards to Millions of Micro Financial Users in Pakistan
Mobile Financial Service, JazzCash, which is a collaboration of Mobilink and Mobilink Microfinance Bank, has entered into a partnership with global payments technology company, Visa, to offer Visa debit cards to consumers.
- Categories
- Technology
- Region
- North Africa & Near East
-
Vodacom finds healthy market for funeral insurance in South Africa
Vodacom has launched a new funeral insurance product following the successful launch of its insurance business more than four years ago.
- Categories
- Technology
- Region
- Sub-Saharan Africa
-
BREAKING: MTN Launches MoKash – Mobile Money Savings and Loans
Until late last evening, the company’s representatives were still handing out invitations to a launch event, happening this morning and expected to be graced by Uganda’s head of state, H. E. Yoweri Museveni, according to the invitation cards.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- mobile finance
-
Africa Tops 500m Mobile Users, Adds $150bn To Continent’s Economy
Africa now has half a billion mobile users, and the mobile ecosystem added $153-billion to the African economy in 2015, according to a new GSMA study, which predicts smartphone numbers will triple in the next five years.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
-
Mobile Money Meets Microcredit: Creating an Evidence-Based Cross-Sell Strategy
Financial institutions serving low-income communities regularly turn to cross-selling to engage clients. But they don't always consider the particular needs of clients themselves. Based on its research on cross-sell initiatives, Bankable Frontier Associates explores what it takes to enhance clients’ engagement and encourage them to actively use multiple products with an institution over time.
- Categories
- Uncategorized
-
The Power of Partnerships: Why They Can Be the Key to Reaching the Unbanked
In a world of rapid change, few organizations have all the capabilities needed to accomplish every aspect of their business - something that's clearly true for commercial banks. That's why financial institutions often find success in adapting to new opportunities through partnering. In a new publication, the Center for Financial Inclusion explores how banks use partners to adopt new technologies and reach previously underserved markets.
- Categories
- Uncategorized
-
Weekly Roundup: Uruguay smokes ‘Big Tobacco’, Safaricom ups the ante, critic pens a (RED) herring
Uruguay wins a major legal battle against a huge tobacco company, Safaricom ups the ante in its battle with banks in Kenya, and our editors take issue with a provocative critique of a popular "social venture" in this Roundup of the week's social business developments.
- Categories
- Health Care, Investing, Social Enterprise, Technology
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.