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This Colombian town is trying to get rid of cash — but it’s not so easy
A town of 5,000 is trying to become the first in Latin America to entirely phase out cash and rely solely on digital currency.
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- Uncategorized
- Region
- Latin America
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Mobile Point of Sale Base Growing Rapidly in Developing Countries
Mobile point of sale (mPoS) growth continues as the technology deepens its reach across vertical industries, merchant tiers and geographies.
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- Uncategorized
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Seven Approaches to Agent Management: A new paper documents the variety of ways that digital finance providers assemble and manage agent networks
Agent networks are the main service touch points for most digital finance customers, and they’re probably the most challenging and costly element of the value chain. The authors of a new paper, Designing Successful Distribution Strategies for Digital Money, discuss how digital finance service providers in various regions have assembled and managed their agent networks.
- Categories
- Education
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President Obama a Fan of M-PESA, Kenyan Innovation
US President Barack Obama has endorsed Kenya's innovation powerhouse status and regional economic might during the opening of the 6th Global Entrepreneurship summit.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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The battle between Africa’s mobile phone companies and banks is a boon for financial inclusion
Now banks are not only trying to compete in this space but also offer new products that promise access to banking services to those who up until this point were excluded.
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- Uncategorized
- Region
- Sub-Saharan Africa
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Weekly Roundup 7/25/15: ‘Worm Wars’ and other conflicts from the past week
Maybe it’s the heat, but as we approach the dog days of summer, people seem to be in a fighting mood. This week featured plenty of conflict, involving companies, nonprofits, politicians – and even researchers. Grab some popcorn as we cover the hostilities – and compile some memorable tweets – in this Roundup.
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- Education, Health Care
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Africa Makes Leap in Cross-Border Mobile Payments
New partnerships aimed at getting a bigger slice of the $48 billion Africans sent and received last year.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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Mobile Money: 4 Services Tackling Wealth Inequality in Africa
While mobile money services are available in 89 countries globally, nowhere are they having more of an impact than in Africa, where 12 percent of adults have mobile money accounts, compared with 2 percent worldwide.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
