Moroccan operator inwi has recently launched a new mobile money service called ‘inwi money’. The service works on mobiquity Money, a platform offered by mobile solutions provider Comviva.
The continuing rollout of innovative financial services for those with limited, or no, access to banks is also inspiring all sorts of innovation, including a concept that its originator Juvo calls Financial Identity as a Service (FiDaaS).
Mauritius Telecom has deployed the country’s first national mobile payment solution in the capital of Port Louis.
Zain Group is adding a new platform to its Zain Cash mobile finance offering that will allow refugees in Iraq to cash-out their financial assistance via iris identification.
WhatsApp has approached several digital payments firms in Indonesia as it seeks to bolster its messaging service by integrating money transfer options.
Vodafone Idea is shuttering both its m-Pesa operation and the Aditya Birla Idea Payments Bank as it looks to forge partnerships in the financial technology sector.
fonYou has launched a white-label solution for mobile carriers in Latin America to interact with and sell products to customers via Facebook Messenger.
Liudvikas Andriulis, Chief Marketing Officer at Effortel, explains how his company has helped to launch MVNOs around the world.
Leading international banking group Standard Chartered has announced another multi-market launch of its digital bank – this time in Botswana, Zambia and Zimbabwe – as part of its digital transformation strategy in Africa.
ARB Apex Bank has renewed its contract with Temenos to provide banking and non-banking services for Ghana’s Rural and Community Banks (RCBs) and their customers.
Thunes has extended its network in Mongolia adding LendMN– the first Mongolian FinTech - in an effort to promote financial inclusion and smarter payment solutions.
Thunes has completed its $10 million Series A financing led by venture firm GGV Capital.
Safaricom is expanding its cooperation with Equity Group in order to push m-Pesa into other markets while driving greater financial inclusion in Kenya.
Another example of how mobile networks in many countries are able to overcome problems of accessibility to banks comes from Zimbabwe, where WhatsApp is now an enabler for banking services.
Tajikistan’s Tcell has launched a smartphone-based mobile finance offering branded as TezSum.
Eafricalab will use ACI Worldwide’s UP Retail Payments solution for Postillion to better serve consumers across 25 African countries.
At MWC 2019, we spoke to Orange’s MEA chief Alioune Ndiaye about the group’s ambitions in the region. Whether it’s eliminating the digital divide or empowering the masses through mobile money, Orange foresees a prosperous future for the continent.
Western Union has teamed up with Thunes, a cross-border payments network for emerging markets, to enable Western Union customers to send funds directly into mobile wallets around the world.
Global cross-border payments network for emerging markets Thunes has partnered with Singtel to enable the Myanmar diaspora in Singapore to send money back to their home country through their mobile devices.
Standard Chartered has completed a simultaneous multi-market launch of its digitally-led retail banks in Tanzania and Ghana, with Kenya’s roll out scheduled to occur shortly.
The level of financial inclusion in the Democratic Republic of the Congo (the DRC) stands at 26%.
Newly created Malian company Uduma Mali is set to receive a €170,000 grant from the GSMA to invest in mobile-based cashless payment facilities for drinking water.
Western Union has partnered with TerraPay to enable mobile wallet and bank account payout.
Two of Africa’s largest mobile operators and mobile money providers, Orange Group and MTN Group, today announced a joint venture, Mowali (mobile wallet interoperability), to enable interoperable payments across the continent.
Mobile payment technology and services have received a potential boost in the Philippines with the recent news of a major sales subscription for leading Philippines’ digital technology company, Voyager Innovations.
A recent IMF report, 2018 Financial Access Survey, published at the end of September, underlines again the importance of mobile money in low-income countries.
Orange Digital Ventures Africa has made a second investment in South African mobile points of sale (mPOS) firm Yoco.
As part of their shared mission to boost financial inclusion throughout Nigeria, Oradian and the Association of Non Bank Microfinance Institution of Nigeria (ANMFIN) have launched a strategic partnership.
A mobile wallet pilot project is being launched in Colombia by a collaboration between state-run Banco Agrario, mobile operator Telefonica Colombia, and mobility firm Comviva.
Indian mobile wallet provider Paytm is at the heart of a fierce industry dispute after the country’s government considered revising its recent data storage regulations after being lobbied by US-based digital payment companies.
GIMAC, the regional electronic money transfer platform of Central Africa, has partnered with TerraPay to enable instant cross border money transfer to bank accounts and mobile wallets in the CEMAC zone, comprising of Cameroon, Republic of Congo, Gabon, Equatorial Guinea, Central African Republic and Chad.
Mobile payments providers in China will have their interest revenue slashed by a new government mandate requiring all prepaid funds to be deposited at the country’s central bank from 2019.
Orange Money Botswana and EcoCash have launched a new partnership to enable better and more affordable access to digital money transfers between Zimbabwe and Botswana.
Paycode has rolled out a secure biometric solution in Zambia in partnership with Ingenico Group.
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