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Kenya Announces First-Ever Government Bond to be Offered Exclusively via Mobile Phone
The Treasury has announced the first-ever Government Bond that will be offered exclusively via mobile phone, pointing to the growing relevance of mobile money solutions in the evolving payments space.
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- Region
- Sub-Saharan Africa
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Mobile Finance and Commerce 2.0: Mondato Summit Asia to discuss why emerging Asia could lead the way – Oct. 20-21, 2015
The mobile finance and commerce (MFC) ecosystem in the Philippines and across emerging Asia has grown to the point where it is on the verge of producing “MFC 2.0,” and leading the world in innovation. Mondato Summit Asia will bring together thought leaders and practitioners in Manila on Oct. 20-21 to discuss what the future of MFC is likely to look like in this region and beyond.
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Different Worlds: Why digital payments should not be regulated as an offshoot of banking
Digital payments is emerging as its own field of expertise - and though the two sectors are often lumped together, it differs substantially from banking. For instance, banks prosper greatly from managing risk and little from network effects, while payments providers typically are just the opposite. This leads to fundamentally different outlooks between the practitioners in each field, and necessitates different regulatory approaches.
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Mobile wallets like Paytm and Mobikwik are tying up with kirana stores in rural India
Mobile wallet and payment services such as Paytm and Mobikwik are tying up with kirana stores in semi-urban and rural areas as they seek to grow in regions underserved by banks.
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- Uncategorized
- Region
- South Asia
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Startups innovate to make payments faster in India – but e-wallets face Ashley-Madison-like threats
People are slowly moving towards using digital and electronic payment modes, but payment startups face challenges such as customer awareness, fears about security, and concerns about product or service delivery.
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- Uncategorized
- Region
- South Asia
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Mobile Money Gets Boost as Central Bank of Nigeria Loosens Restriction on Telcos
With the review of the mobile money guidelines, which allows for the participation of the telecommunication companies, the adoption of this form of banking is expected to get a significant boost.
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- Uncategorized
- Region
- Sub-Saharan Africa
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Study Set to Harmonize Mobile Money Transfer Fees in East Africa
The central banks of four East African countries are conducting a study that will set the baseline for money transfer fees across the region.
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- Uncategorized
- Region
- Sub-Saharan Africa
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PRESS RELEASE: India Announces New Partnership to Accelerate Financial Inclusion for Everyone
Government of India joins the United Nations' Better Than Cash Alliance to share success stories from the world's largest financial inclusion program.
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- Uncategorized
- Region
- South Asia
