mobile money

Western Union Lets Mexican Consumers Receive Funds Via Chatbot
Western Union Lets Mexican Consumers Receive Funds Via Chatbot
September 12, 2023  |  Payment Methods

Western Union and Elektra say users in Mexico can now receive money via chatbot.  The offering, the latest in a series of efforts by Western Union to expand...

READ MORE >
Safaricom Launches M-Pesa Mobile Money Service in Ethiopia
Safaricom Launches M-Pesa Mobile Money Service in Ethiopia
August 27, 2023  |  Mobile Wallets

Kenyan telecom Safaricom has brought its mobile money service M-Pesa to Ethiopia. As the Financial Times (FT) reported Saturday (Aug. 26), the service went live in Africa’s second-most populous country...

READ MORE >
Nigeria Greenlights Open Banking to Deepen Financial Inclusion, Boost Innovation
Nigeria Greenlights Open Banking to Deepen Financial Inclusion, Boost Innovation
March 09, 2023  |  Bank Regulation

Open banking is now live in Nigeria, the first country to adopt open banking regulations in the Africa region. The operational guidelines to kickstart the...

READ MORE >
Ooredoo and Huawei Partner on Mobile Money in MENA Region
Ooredoo and Huawei Partner on Mobile Money in MENA Region
March 06, 2023  |  Financial Inclusion

Ooredoo and Huawei have partnered on mobile money in the Middle East and North Africa. This collaboration will provide Huawei’s FinTech and mobile money platform...

READ MORE >
Ethiopia Considering Opening Mobile Money Market to Foreign Operators
Ethiopia Considering Opening Mobile Money Market to Foreign Operators
February 20, 2023  |  Payment Methods

A consultative meeting focused on the future of Ethiopia’s mobile money market is to be held Tuesday (Feb. 21). The meeting concerns a draft directive...

READ MORE >
State Bank of Vietnam Reports Progress in Cashless Payments Adoption 
State Bank of Vietnam Reports Progress in Cashless Payments Adoption 
December 28, 2022  |  Mobile Payments

The State Bank of Vietnam is working to expand the use of cashless payments in rural areas.  Thus far, mobile money, one of the financial...

READ MORE >
Smart Automation and the Cybersecurity Network Effect
Smart Automation and the Cybersecurity Network Effect
December 08, 2022  |  Security & Fraud

Corporate fraud may be on the rise, but so is highly aggressive corporate fraud-fighting. As Nithai Barzam, chief operating officer at cybersecurity FinTech nsKnox, told...

READ MORE >
Africa’s Mobile Money Ecosystem Embraces Blockchain to Drive X-Border Real-Time Payments
Africa’s Mobile Money Ecosystem Embraces Blockchain to Drive X-Border Real-Time Payments
November 27, 2022  |  Blockchain

In 2020, scientists at the University of Zambia (UNZA) proposed a clearing and settlement architecture that would allow interoperability between mobile money payment networks based...

READ MORE >
Mobile Loans Keep Africa’s Semiformal Economies in Business
Mobile Loans Keep Africa’s Semiformal Economies in Business
November 23, 2022  |  Disbursements

Solopreneurs and micro-businesses are the lifeblood of Africa’s informal and semiformal economies, but when it comes to accessing working capital loans, they are typically underserved...

READ MORE >