mobile money

Open Banking APIs Help Africa’s Mobile Money FinTechs Expand Services
Open Banking APIs Help Africa’s Mobile Money FinTechs Expand Services
November 20, 2022  |  API

According to International Monetary Fund (IMF) data, there are more than twice as many mobile money accounts as there are bank accounts across many African...

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Mobile Money-Telecom Decoupling to Bolster Interoperability, Benefit Africa’s PSPs
Mobile Money-Telecom Decoupling to Bolster Interoperability, Benefit Africa’s PSPs
October 24, 2022  |  Mobile Wallets

As part of the ongoing separation of Airtel Africa’s mobile money business from the parent telecommunications company, Airtel Kenya’s division has become the latest to...

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HSBC Ventures Pours $35M Into Mobile Money App Monese for Expansion
HSBC Ventures Pours $35M Into Mobile Money App Monese for Expansion
September 21, 2022  |  Investments

Monese has announced a $35 million investment from HSBC, which now sees Monese’s total raised to $208 million, a press release said. Both companies are...

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Kenyan Financial CEO: Crypto Could Enhance Mobile Money
Kenyan Financial CEO: Crypto Could Enhance Mobile Money
May 17, 2022  |  Cryptocurrency

Cryptocurrency will be able to supplement mobile money in Africa if lenders can convince regulators it’s worth it, according to the head of Kenya’s biggest...

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Today In Payments Around The World: Mobile Money, bKash Collaborate With Ripple; Ant Group Revamping Operations
Today In Payments Around The World: Mobile Money, bKash Collaborate With Ripple; Ant Group Revamping...
January 18, 2021  |  News

In today’s top payments news around the world, Mobile Money and bKash have teamed with Ripple, while Ant Group is said to be quickly working...

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Bitcoin Daily: Crypto Mining Encounters Are Down 40 Pct; Spanish Authorities Crack Down On Crypto Laundering Of $3.3M In Drug Money
Bitcoin Daily: Crypto Mining Encounters Are Down 40 Pct; Spanish Authorities Crack Down On Crypto...
June 30, 2020  |  Bitcoin

Microsoft reported that digital currency mining encounters dropped 40 percent from 2018 to 2019, according to a report. The tech company noted in the report...

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Visa, MFS Africa Team To Take Mobile Wallets Cross-Border
Visa, MFS Africa Team To Take Mobile Wallets Cross-Border
December 11, 2019  |  VISA

Since the rise of M-Pesa in 2007, mobile money wallets have become prevalent across Africa. And while that addition to the market has made many...

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Reserve Bank Of Zimbabwe Clamps Down On Mobile Money Services 
Reserve Bank Of Zimbabwe Clamps Down On Mobile Money Services 
September 30, 2019  |  International

Zimbabwe, in an attempt to control the spiraling inflation problem with its currency, is restricting mobile money and tightening controls for foreign exchange outfits. It is...

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Vietnam May Promote Non-Cash Payments With Sandbox
Vietnam May Promote Non-Cash Payments With Sandbox
May 24, 2019  |  International

In an effort to bolster non-cash payments in Vietnam, the country’s government is endeavoring to make a mobile money sandbox for companies in the telecom...

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