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Report: Simple mobile services can boost Indian farmers’ income
The introduction of a number of simple mobile services in India has the potential to boost the income of two-thirds of the country’s small-scale farmers by up to $9 billion a year by 2020, according to a report by Vodafone.
- Categories
- Agriculture
- Region
- South Asia
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What The U.S. Can Learn About Financial Inclusion From The Developing World
While every country context is unique, there is much that the U.S. and developing countries can learn from each other.
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- Uncategorized
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Will the ‘F-Word’ Damage Mobile Money?: The industry deals with a spate of high-profile fraud cases
Trust is one of the key factors that will ultimately determine the success or failure of mobile payments. That’s why recent headlines about fraud in prominent mobile money platforms, from Apple Pay to MTN Money in Uganda, have raised eyebrows in the industry. Mondato’s Chris Connolly discusses these cases, and finds that the headlines don’t tell the whole story.
- Categories
- Technology
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How Do You Know You’re Really Reaching the Poor?: Tips for microfinance providers considering digital services
Though many microfinance institutions operate in impoverished areas, they often have little or no objective poverty data on the clients they’ve reached. Pride Microfinance wanted to avoid this problem when it rolled out its digital financial services programs this year, so it worked with Grameen Foundation to measure its social impact. The lessons it learned can be valuable to other MFIs considering going digital.
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- Uncategorized
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Nigeria’s GTBank Introduces New “Short Code” Channel for Mobile Money Transfers
Guaranty Trust Bank Plc (GTBank) said it is applying a breakthrough innovation to enable funds transfer on the mobile phone for the first time in Nigeria for the bank’s customers.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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Ripple scores $28 million funding round
Digital currency outfit Ripple Labs has closed a $28 million Series A funding round that includes IDG Capital Partners and the venture arms of CME Group and global data storage company Seagate Technology.
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- Uncategorized
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Kenya’s million dollar bitcoin startup BitPesa expands to Tanzania
Kenyan bitcoin startup BitPesa is expanding to neighboring Tanzania about a year after it launched its mobile-friendly digital currency exchange.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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From Alibaba to Xiaomi, why Indian Prime Minister Modi must chase China’s booming tech companies
The direction that China’s internet and e-commerce companies are heading dovetails perfectly with the Digital India campaign, which aims to create “digital infrastructure, deliver services digitally and digital literacy.”
- Categories
- Technology
- Region
- South Asia
- Tags
- mobile finance
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