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How The Internet of Everything Is Helping ‘Unbanked’ Citizens Around the World
In the future, if every device is connected to the Internet, what kind of life will those who are financially excluded have?
- Categories
- Technology
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Mobile Money Amplified: Mondato Summit Africa to discuss the continent’s digital future in Johannesburg on June 2 – 3
A second generation of mobile financial tools and providers looks set to transform Africa’s economies. But while the outlines of Africa’s digital future may be faintly discernible, the substance is far from clear. Mondato Summit Africa, on June 2 - 3 in Johannesburg, South Africa, will seek to identify the key issues that will shape the evolution of African mobile commerce & finance in the years ahead.
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- Uncategorized
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‘Mobile money is not the only option in Sub Saharan Africa’
Mobile money platforms may have taken root in Sub Saharan Africa but they are not the only innovation disrupting the financial services sector in the region, with new technology-based finance platforms also seeing rising uptake, experts say.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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In China, Alipay Wallet follows WeChat with launch of mobile city service payments
China’s tech giants are working hard to make sure that consumers use their phones to pay for things. Today Alipay Wallet, the Alibaba-affiliated mobile wallet, announced it now enables Chinese users to fulfill municipal fees in 12 cities.
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- Uncategorized
- Region
- Asia Pacific
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More Than Just Good Advertising: Challenges and best practices in driving digital financial services adoption
Despite the large sums of money being poured into digital financial services around the world, enrollment and usage remain low. Few services reach those who need them most. Grameen Foundation researchers Emilia Klimiuk and Joel Muhumuza have studied why, and they share several tactics to drive adoption.
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- Uncategorized
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100 Million+ People Use Mobile Money Each Month: From P2P transfers to bill payments, here’s how they’re using it
Around 103 million people globally are making transactions using mobile money each month. Alix Murphy, Senior Mobile Analyst for WorldRemit, takes a close look at the types of transactions people are making, and how they are actually using mobile money in their daily lives.
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- Education
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Weekly Roundup: Sympathy for the Super-Rich: They don’t care much about socially responsible investing – but are the rest of us any better?
Only 20 percent of investors with a net worth of $5 - $25 million factor social responsibility into their investing decisions, according to a recent survey.
You may be rolling your eyes at the obliviousness of these multi-millionaires to the potential impact of their wealth. That was my initial reaction – until I remembered the email I received last January.- Categories
- Investing, Telecommunications
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Making it Easier to Go Digital: Lowering barriers to entry for pro-poor financial institutions in Uganda
In December 2014 Airtel Uganda launched a mobile banking service to allow bank customers to access their accounts through mobile money agents. These services allow pro-poor financial institutions to reach rural Ugandans, but forging these digital connections is complex. In the third post in their series on what it takes for microfinance institutions to go digital, Grameen Foundation explores ways to overcome this complexity.
- Categories
- Uncategorized
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