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Fraud targeting mobile money agents in Kenya rises as use of service grows
The fight to eliminate mobile money fraud in Kenya is far from being won as fraudsters devise new schemes targeting agents and subscribers.
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- Uncategorized
- Region
- Sub-Saharan Africa
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Nigeria: Partnership to Spur Local Mobile Money Growth
A joint statement by both companies said CWG would now power the MTN mobile commerce platform, which is designed mainly for small scale financial institutions.
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- Uncategorized
- Region
- Sub-Saharan Africa
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A Mixed Bag in Kenya: Safaricom’s products have moved far beyond M-PESA – but are they reaching the poor?
With amounts equivalent to over 40 percent of Kenya’s GDP flowing through M-PESA, Safaricom’s success in person-to-person mobile money transfers is legendary. And over the last two years, the telco has added innovative financial services beyond basic P2P transfers that have reached millions of customers. But research from InterMedia suggests that these products aren’t yet being adopted by the groups that need them most.
- Categories
- Education
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Opinion – Mobile Money Interoperability: Finally on the Horizon?
Now, here’s the most interesting development, in my opinion.
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- Uncategorized
- Region
- South Asia
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T-Mobile reaches out to U.S. Latinos with mobile money
T-Mobile has now become notorious for upending the wireless industry with its "Uncarrier" plans, and now the company is planning to "un" bank your finances. After surveying the market and finding that banks were charging too many fees and weren't appealing enough to customer needs - including U.S. Latinos - T-Mobile has decided to shake up the banking industry as well with a service called "Mobile Money".
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- Uncategorized
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Nigerian banks, MNOs urged to improve investment in mobile money
Banks and other mobile money operators have been advised to significantly increase their investment in mobile money technology so as to encourage more users of that means of money transfer.
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- Uncategorized
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Africa leads in mobile banking
Mobile banking activity is highest in Africa, led by Nigeria, South Africa and Kenya - which has the reputation for being the world's mobile money pace-setter with M-Pesa.
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- Uncategorized
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Safaricom launches mobile micro-insurance service
Kenyan operator Safaricom, Britam and Changamka Health have launched a micro-insurance health cover service which enables Kenyans to make contributions via M-Pesa, looking to increase the level of medical insurance cover in the country.
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- Uncategorized
- Region
- Sub-Saharan Africa
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