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Humanitarian Disasters are Getting Worse – Can Cash Transfers Get Better?: Navigating the challenges of e-transfers
It’s not your imagination: natural disasters are getting worse. Humanitarian agencies often respond with cash transfers, and many are now exploring digital options to get these funds to recipients more quickly and securely. We spoke with Sara Murray of the E-Transfer Learning Action Network and Rosa Akbari of the International Rescue Committee about the challenges and opportunities of this new approach.
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Kenya’s largest bank signs up 1.8 million mobile banking customers since March
Kenya's biggest bank by assets, KCB, has signed up 1.8 million customers for its mobile phone-based service since it was launched in March and is on target for 10 million users within a year from now, its chief financial officer said.
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- Sub-Saharan Africa
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East Africa: Online Banking Still a Challenge to Many Kenyans – Study
Online banking remains a challenge to many people even as the smart phone penetration in Kenya experiences substantial growth, according to a new survey.
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- Education
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- Sub-Saharan Africa
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Kenya Equity Bank targeting 100 million African customers for its mobile payment and banking service
Kenya's Equity Bank Ltd., which has started a new mobile payment and banking service called Equitel, is seeking 100 million customers in Africa within 10 years and the first five million by the end of 2015.
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- Sub-Saharan Africa
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A ‘Small Revolution’ in Ecuador?: The world’s first national e-money platform has reshaped the ecosystem – but will a government-led model work?
In December, the government of Ecuador launched the world’s first state-run e-payment system. The platform addresses the interoperability problem that has plagued the mobile ecosystem in other countries, and it’s affordable to the poor - though questions remain about whether a top-down approach will prove effective. The experiment could have repercussions for other countries in the region.
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PRESS RELEASE: Juntos takes customer engagement platform to Africa through partnership with Tigo Tanzania
Juntos announced their partnership with mobile money provider company Tigo Pesa in Tanzania, to provide new account support to Tigo Pesa customers through the Juntos innovative engagement platform.
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- Education
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- Sub-Saharan Africa
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- mobile finance
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Banks Challenge M-PESA in Kenya: What their emergence could mean for the world’s leading mobile money market
Since its launch in 2007, Safaricom’s M-PESA has dominated Kenya’s mobile money market. However, new data from the Helix Institute of Digital Finance shows that this now seems to be changing, as banks are taking a growing slice of the pie. Helix explores why this could be a positive development for customers – and for the overall market.
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Uganda: How Mobile Money Firms Survived Court
On May 29, telecommunications companies dealing in mobile money services got a lifeline after the Commercial court dismissed a case filed by Abdu Katuntu, the member of Parliament for Bugweri county, who had challenged the legality of the services.
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- Uncategorized
- Region
- Sub-Saharan Africa
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- mobile finance