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India’s Mobile Wallet Market Likely to Cross $11B Mark By 2022
Owing to increasing penetration of smartphones as well as tablets, India has emerged as one of the fastest growing mobile wallet markets in the Asia Pacific region. 6Wresearch, a global market research and consulting firm, said in a report that India's Mobile Wallet Market is projected to reach $11.5 billion by 2022.
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- Uncategorized
- Region
- South Asia
- Tags
- digital payments
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Airtel, Tigo to Launch a Mobile Money Interoperability Pilot in Rwanda
Airtel Rwanda and Tigo Rwanda, a subsidiary of Millicom, have announced a partnership to pilot interoperability between their two mobile money transfer service platforms.
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- Uncategorized
- Region
- Sub-Saharan Africa
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Morgan Stanley Introduces Catholic-Focused Investing Program
The influence of Pope Francis’ recent visit to New York is being felt at Morgan Stanley (MS). The wirehouse said early Friday that it is rolling out a tool kit for financial advisors based on Catholic values.
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- Uncategorized
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- impact investing
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Fintech Spotlight: Citi at the Crossroads of Fintech Disruption
his fall, Citi is currently organizing the fourth class of its Fintech Accelerator Program in Israel. The program is one of many fintech related events being sponsored by Citi and is part of an active year for the bank assisting the fintech startup scene. Beyond their accelerators, Citi has also presented a mobile challenge to spur innovation in mobile banking, with participants from across the globe. Among their coming events are global Fintech Expos being held within their Innovation Labs.
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- Uncategorized
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New Initiative Encouraging Indian Diaspora to Invest Launched
A new investment initiative, announced by President Barack Obama during his New Delhi visit early this year, that makes it easier for the Indian diaspora to invest in small and medium businesses in India has been launched here.
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- Uncategorized
- Region
- South Asia
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National Payments System in the Works in the Philippines
The framework for the envisioned national retail payments system (NRPS) could be ready by next month, a BancNet official said, in a bid to roll out the system by next year as the financial industry aims to have an integrated cashless network in the next three to five years.
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- Uncategorized
- Region
- Asia Pacific
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- digital payments
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Indian Banks’ Association Wants to Be Made Party in Supreme Court Challenge to Aadhaar Validity
To protect the interests of the banking industry, Indian Banks’ Association (IBA) on Monday moved the Supreme Court seeking to be made a party in a batch of petitions challenging the validity of the Aadhaar card.
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- Uncategorized
- Region
- South Asia
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Paga Raises Additional $13M: Targets Dominance of Nigeria’s Mobile Money Market
Nigeria’s leading mobile payment company, Paga, has announced the completion of a $13m Series B financing led by Adlevo Capital which is expected to expand its lead position in Nigeria’s mobile payments sector.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
- Tags
- digital payments
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