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Bank of Mexico opens the way for money transfers via mobile devices
The goal is to give bank customers the ability to move funds "with greater ease and safety via cellular phones or other devices that have a linked mobile telephone line," the central bank said in a statement.
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- Uncategorized
- Region
- Latin America
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- mobile finance
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Big banks see rich opportunities in world’s poorest
When the Afghan government used mobile phones instead of cash to pay some of its policemen, the officers thought they'd just had a 30 percent pay rise. In truth, they had just been paid the full amount, with nothing skimmed off by middlemen, for the first time.
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- Uncategorized
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Mobile banking: will Kenya export its revolution to India?
The rise of a new generation of technologies performing many financial transactions from mobile phones is a game-changer, opening a new avenue for development. Kenya is probably the best model on the continent. But only specific conditions made it possible. Can this model be exported?
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- Uncategorized
- Tags
- mobile finance
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Research and Markets: Global Mobile Payment Methods 2013 Research Report
Mobile payment for goods and services continues global growth.
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- Education
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bKash looks to dethrone M-PESA as the world’s top mobile finance provider
bKash Limited is looking to become the largest mobile banking service provider company in the world within the next few years, chief of the company said.
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- Uncategorized
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Mobile Payments Gain Traction Among India’s Poor
South Asia is a fertile market for the concept. The region consisting primarily of Bangladesh, India and Pakistan accounts for the largest number of offices actively providing mobile money services, 3.8 million compared with 805,000 in all of Africa and 1.8 million in East Asia and the Pacific.
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- Uncategorized
- Region
- South Asia
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Mobile Money Movers – Part 1: A conversation with Sitoyo Lopokoiyit, Head of Strategy for Financial Services at Safaricom
M-Pesa is the world’s leading mobile money system, and one of the biggest success stories in the history of BoP business. Launched in Kenya by Safaricom in 2007, it’s now used by over two-thirds of Kenya’s adult population - and it is expanding to other countries in Africa and beyond. In Part 1 of our Mobile Money Movers series, Kyla Yeoman interviews Sitoyo Lopokoiyit, Head of Strategy for Financial Services at Safaricom.
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- Uncategorized
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Ugandans sidestep banks, embrace mobile money
The use of non-bank formal services is leading the pack of financial inclusion in Uganda, a new study has revealed.
- Categories
- Uncategorized
- Tags
- mobile finance
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