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Mobile-izing Savings with Defaults in Afghanistan
The number of people with phones is far higher than the number of people who have easy access to traditional bank branches, especially among the rural poor. Until now, however, no one has tested whether mobile banking can facilitate default savings programs. This is exactly what a team led by Innovations for Poverty Action set out to do in Afghanistan.
- Categories
- Impact Assessment, Technology
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State Bank of India to Launch Mobile Wallet for Feature Phone Users Next Month
The country's largest lender, State Bank Of India, is all set to become the first bank to offer wallet services for feature phone users.
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- Uncategorized
- Region
- South Asia
- Tags
- mobile finance
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Zimbabwe’s Postal Service Enters Online Payments Game
Zimpost, the state-owned enterprise that owns and manages all local postal services, has introduced its own online payments and e-money platform.
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- Uncategorized
- Region
- Sub-Saharan Africa
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The Human Foundation for Digital Financial Services
Agents are the bricks and mortar of a digital financial services business. With payment banks in India designing their strategies for building their agent networks, they must also ensure they get the operations right, putting high quality agents in the market, supporting them effectively, and playing their part in seeding the demand they need to earn a decent revenue.
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- Uncategorized
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Africa mobile comms giant MTN’s $5.2bn Nigerian fine: Now the CEO resigns
A massive fine imposed on MTN Group by Nigerian regulators for alleged compliance failings has cost the firm's CEO Sifiso Dabengwa his job.
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- Uncategorized
- Region
- Sub-Saharan Africa
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Zimbabwe: Boom Times Over for Mobile Telecoms
Economic slowdown and excessive regulatory fees and charges, an unpredictable environment and the extraordinary growth in social media platforms, are beginning to take their toll on the mobile phone industry.
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- Uncategorized
- Region
- Sub-Saharan Africa
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India’s largest mobile wallet to split into separate payments, ecommerce apps
The country's largest mobile wallet Paytm will hive off its bread-and-butter payments business as a separate app, with the current app focusing on shopping.
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- Uncategorized
- Region
- South Asia
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Will Southeast Asia Be the Epicenter of Mobile Finance and Commerce 2.0?: Ten takeaways from the Mondato Summit Asia
The Mondato Summit Asia explored the latest concepts and use cases in the mobile finance and commerce (MFC) ecosystem in the region. This post highlights 10 key takeaways from the conversation, as panelists and participants discussed whether Asia was on the cusp of "MFC 2.0."
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- Uncategorized