-
Barclays Bank’s Kenya Lab Targets Financial Solution Developers
Barclays has opened the Barclays Kenya Product Lab in Nairobi, an agile product development program that will give local developers access to a pool of resources to come up with solutions that could potentially change the future of the financial industry.
- Categories
- Technology
- Region
- Sub-Saharan Africa
-
Modi in US: Major Announcements for Digital India
Indian Prime Minister Narendra Modi’s visit to Silicon Valley has also come with some major announcements like Wi-Fi in railways stations and broadband connectivity in villages.
- Categories
- Technology
- Region
- South Asia
-
East African Community Members Move to Tame Mobile Money Fraud
East African nations are working to reach a common SIM card registration framework to help tame crime that is perpetrated using mobile phones.
- Categories
- Technology
- Region
- Sub-Saharan Africa
-
Report: India Mobile Wallet Market to Reach US$ 6.6 Billion by 2020
According to TechSci Research report, "India Mobile Wallet Market Opportunities & Forecast, 2020", mobile wallet market in Indiais projected to reach US$ 6.6 billion by 2020. The mobile wallet market in India is projected to exhibit exponential growth during the forecast period, on account of rising smartphone penetration rate, growing mobile internet user base, and increasing government support. In addition, mobile wallet companies operating in India are also offering attractive deals and incentives to attract new users. In recent years, wallet companies have increasingly formed collaborations with service providers and financial institutions to offer a robust and seamless mobile wallet platform to the users. Usage of mobile wallet is growing across various applications such as money or banking transactions, mobile recharge & bill payments, ticket bookings, utility applications, etc. In addition, approval of payment bank licences of major companies such as Paytm, Vodafone, Airtel, etc. is projected to drive growth in the number of banking transactions through mobile wallet over the next five years.
- Categories
- Technology
- Region
- South Asia
-
Equitel Share Rises as Safaricom’s Declines
Equitel, the telecommunications arm of Equity Group, grew its share of the mobile telephony market to 2.4 per cent in June from 1.9 per cent in March, fresh official data showed on Friday, as big players marginally lost ground.
- Categories
- Technology
- Region
- Sub-Saharan Africa
-
Viewpoint: Bank-Telco Distrust Inhibits South Africa’s Financial Inclusion
Although partnerships between banks and telcos are essential in enabling financial inclusion to billions of people in Africa, the egos among the institutions are hindering such partnerships, especially in SA.
- Categories
- Technology
- Region
- Sub-Saharan Africa
-
MoneyGram Expands Mobile Money Choices in Africa With Vodacom Partnership
MoneyGram, a global provider of innovative money transfer and payment services, and Vodacom, the leading telecom company in Tanzania, have announced that Vodacom subscribers can now receive money directly into their M-Pesa accounts through MoneyGram’s money transfer services.
- Categories
- Technology
- Region
- Sub-Saharan Africa
-
MOOCs on the Move
s MOOCs grow in influence and sophistication, they’re no longer simply reimagined in a Harvard classroom or even in a nearby studio. Recently, transforming a residential course — going digital viaHarvardX — included filming in far-flung Rwanda and Haiti.
- Categories
- Education, Health Care, Technology
The Best of NextBillion in Your Inbox Each Week!
Subscribe to NB Notes for news, jobs & on-the-ground insights from the world of emerging markets business.
We respect your privacy. Your information is safe and will never be shared.
Don't miss out. Subscribe today.