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MasterCard and Movistar Launch Peru’s First Mobile Money Service
With the goal of promoting financial and social inclusion in Peru, Movistar, in alliance with MasterCard, has announced the launch of “Your Mobile Money” (Tu Dinero Movil), the first electronic money service in Peru, which will offer users significant savings in their money transfers.
- Categories
- Technology
- Region
- Latin America
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PRESS RELEASE: Unified Signal, Inc’s Mobile Wallet Software Solution Chosen to Launch Mobile Payments in Serbia
Unified Signal, Inc. (OTCQB: UNSI), a leading software system in the telecommunications and mobile payments industry, today announced that it has received approval from the Central Bank of Serbia to enable the country of Serbia with its 7+ million population with the company's innovative and secure mobile wallet technology. Once deployed, the technology will allow Serbian expats in the US to move money to people living in Serbia and vice versa. Money will be transferred in real time to the recipient and for a fraction of the cost of industry competitors. The system will also allow for all people living in Serbia to freely pay for goods and services using their mobile phone.
- Categories
- Technology
- Region
- Europe & Eurasia
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What’s So Different About China’s Mobile Payments’ Ecosystem
There’s plenty of differences between the mobile commerce market in the U.S. and the mobile ecosystem seen in China.
- Categories
- Technology
- Region
- South Asia
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Where Cellular Networks Don’t Exist, People Are Building Their Own
Inside the cloud that is perpetually draped over the small town of San Juan Yaee, Oaxaca, Raúl Hernández Santiago crouches down on the roof of the town hall and starts drilling. Men wearing rain gear of various impermeabilities cluster above him, holding a 4-meter-tall tower in place. Braided wires trail from four small circles welded near its midpoint; eventually those will be bolted or tied down in order to hold the tower steady during the frequent storms that roll through this part of Mexico’s Sierra de Juárez mountains. They don’t want it falling over every time it rains. Ninety thousand of the town’s pesos—a bit over $6,000—are invested in the equipment lashed to the top of the tower, in a town where many residents get by on subsistence agriculture.
- Categories
- Technology
- Region
- Latin America
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Three NGOs Fighting Tuberculosis with Mobile Tech
Tuberculosis kills over a million people each year, mostly in developing countries, where poor public health systems hamper efforts to diagnose and treat it. But NGOs are now embracing new mobile health technologies that could help fight the disease more efficiently and cost-effectively.
- Categories
- Health Care, Technology
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Technology and Garbage Dreams in the Silicon Valley of India
The Indian city of Bangalore is home to more than 15,000 waste pickers — overall, India houses 1.5 million waste pickers. They earn their daily living by sifting through the city’s 4,000 tons of solid waste for recyclables they can sell for payment.
- Categories
- Technology
- Region
- South Asia
- Tags
- impact investing
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What Alibaba Is Getting With Its $575 Million Investment In Paytm
Alibaba Group and its financial-services affiliate Zhejiang Ant Small & Micro Financial Services Group’s planned $575 million investment in the online-payment and marketplace businesses of India’s One97 Communications called Paytm will be the Chinese company’s first major investment in India’s fast-growing e-commerce industry. A deal between the two companies will open the floodgates for large amount of cross-border trade between India and China. Here’s what you need to know about Paytm.
- Categories
- Technology
- Region
- South Asia
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Drones’ New Mission: Saving Lives in Developing Countries
They still aren’t delivering Amazon packages. But in Haiti, Bhutan, Papua New Guinea and the Philippines, drones have helped rescue natural disaster victims – and transport medical samples and supplies.
- Categories
- Health Care, Technology
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