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IFC and MasterCard sign financial inclusion MoU

IFC, a member of the World Bank Group, and MasterCard have agreed to work together to broaden the use of electronic payments by micro, small and medium enterprises, with the goal of connecting five million such businesses to the global payments network over five years.

/inclusion

Pacific Financial Inclusion Programme launches fintech programme

This is a call for expressions of interest from consulting firms and individuals specialized in the design and development of financial products and services that are delivered through digital channels.

/inclusion

Ericsson to develop 'Emergency Wallet' for humanitarian aid

Ericsson (NASDAQ: ERIC) has committed to developing Ericsson Emergency Wallet, a mobile financial services solution, for deployment in the immediate aftermath of disaster or crises to support humanitarian organizations and affected populations.

/inclusion

MasterCard to expand digital aid distribution services

Tens of millions of people around the world receive vital humanitarian aid every year and the need continues to grow exponentially.

/inclusion

The role played by digital payments in Ebola crisis

Mobile phones serving as digital “wallets” for payments to response workers proved an invaluable tool in Sierra Leone’s response to the Ebola crisis, according to a new study from the United Nations-based Better Than Cash Alliance.

/inclusion

MobiCash and Boloro bring mobile commerce to S Africa townships

In keeping with the concept of 'Connecting Africa's Resources through Digital Transformation' at today's World Economic Forum on Africa event in Kigali, Rwanda, Patrick Ngabonziza the Chairman and Founder of MobiCash announced a game-changing approach to financial inclusion in Africa.

/inclusion

Barri and TransferTo partner on Tigo Money

Barri Financial Group, a US-based money transfer service provider, has signed a strategic partnership with TransferTo, a leading B2B mobile payment network, to enable real-time Mobile Money transfers to Tigo Money accounts in El Salvador.

/inclusion

FDIC seeks feedback on mobile financial inclusion

The Federal Deposit Insurance Corporation (FDIC) is seeking input from financial institutions, consumer groups and other stakeholders on its proposed efforts for exploring the potential of mobile financial services (MFS) to bring the underserved into the mainstream banking system.

/inclusion

Pakistan gets mobile money from Easypaisa and Ericsson

To accelerate the uptake of mobile money services among the underbanked in Pakistan, Ericsson (NASDAQ: ERIC) announces that Easypaisa, Pakistan’s first and largest branchless banking solution, is deploying Ericsson Wallet Platform to replace its existing platform.

/inclusion

SimbaPay raises money transfer limit to $45,000

SimbaPay is revolutionizing the remittance space through its official announcement of raising the single transaction limit to $45,000.

/inclusion

WorldRemit send instant mobile money transfers to Niger

Money transfer app WorldRemit – the UK’s fastest growing technology firm1 – has launched instant money transfers to Airtel Money wallets in Niger.

/inclusion

Visa invites startups to join commerce challenge

Visa Inc. (NYSE:V) today invited start-ups to compete in the company’s second annual The Everywhere Initiative.

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