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Weekly Roundup – 10/11/14: The Battle of Kenya
Has the battle for Kenya’s mobile money market officially begun? For months we’ve been following the growing tension between Equity Bank and Safaricom, as everyone from regulators to politicians took sides. But this week the war may have begun in earnest - though both parties continue to downplay the rivalry. We discuss the implications in this Roundup.
- Categories
- Technology
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OPINION: Here Comes the Internet of Money
A new wave of financial innovation is forming, that could sweep over traditional banking, traditional payments systems, even the traditional idea of money.
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- Uncategorized
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Safaricom, Commercial Bank of Africa launch campaign to deepen financial inclusion
Commercial Bank of Africa and Safaricom have launched a campaign to deepen financial inclusion and access to financial services, targeting M-PESA customers who have yet to start using mobile savings and micro - loan solution M-Shwari.
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- Uncategorized
- Region
- Sub-Saharan Africa
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OPINION: Is mobile money the key to Africa’s cashless society?
As the story of the mobile phone and its contribution in bridging the digital divide in Sub-Saharan Africa unfolds, the device’s revolutionary role in facilitating transactions and wealth distribution in the region is shaping up in an unprecedented way.
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- Uncategorized
- Region
- Sub-Saharan Africa
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Boom time for e-commerce in India; but customers face heightened risk of fraud
As more Indians step up to make online payments, there is a proliferation of payment gateways and mobile wallets, many of which are facing the risk of being misused by unscrupulous merchants.
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- Uncategorized
- Region
- South Asia
- Tags
- mobile finance
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Around the World with Bitcoin: How the cryptocurrency is being put to use in five hotbeds of early Bitcoin activity
Bitcoin startups are using the innovative cryptocurrency/payment system to expand financial services in areas with high mobile coverage and low participation in traditional banks. Sarah Martin runs down early Bitcoin momentum in five countries with active digital currency marketplaces: the Philippines, India, Kenya, South Africa and Argentina.
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- Uncategorized
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OPINION: Safaricom, Equity Bank thin SIM wars a distraction that should not drag on
Nairobi; Kenya: The dispute pitting Safaricom against Equity Bank over the latter’s plans to offer mobile money transfer services is unnecessary and should not be allowed to drag on.
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- Uncategorized
- Region
- Sub-Saharan Africa
- Tags
- mobile finance
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Why the U.S. Lags the World in Mobile Payments
Many American consumers are beyond excited by the prospect of Apple Pay, but overseas the iPhone's latest feature is old news.
- Categories
- Uncategorized
- Tags
- mobile finance