IBM's Social Innovation Is Supporting 'Smarter Banking' In Kenya
"IBM is helping Kenyan sugar cane cutters through its social innovation support of a mobile banking system. It enables these workers to earn more money. Normally, a sugar cane farm would have to shut down for two or three days a month to enable its cane cutters to travel to a bank branch and wait in a long queue to deposit their pay. Now, with the introduction of mobile banking, the cane cutters can keep working and monitor their pay deposit on their phones. The mobile banking also allows them to access cash from local agents, buy at local shops and transfer money to others."
Mobile money breakthrough predicted for Jamaica
"An American economist is predicting that the introduction of mobile money services in Jamaica will find a ready market because of the scarcity of user-friendly financial services on the island. The economist, Dr Dawn Elliott, made the forecast based on a survey which found that only a fraction of the Jamaican population has access to financial services, which limits their participation in the economy."
Top 10 Posts from the CGAP Technology Blog in 2011
"One of the exciting and yet challenging aspects of the branchless banking industry is how fast things change. Topics discussed just 3 months ago can seem out of date today. That’s why it’s fun to look back over the topics we blogged about in 2011 starting from last January to see how the discussion has evolved over the last 12 months. Here are just a few of the blogs you may have missed or you may be interested in reading again:"
Showing posts with label Jamaica. Show all posts
Showing posts with label Jamaica. Show all posts
Wednesday, January 11, 2012
Wednesday, October 26, 2011
International Mobile Banking Updates - Oct 26
Mobile, Internet, e-banking - the way to go
"In tune with the times, the Thiruvananthapuram-headquartered State Bank of Travancore is setting great store by mobile and Internet-based banking as well as harnessing the e-platform to executing Government business. Mr P. Nanda Kumaran, who has taken over Managing Director in recent times, says that the mobile banking services are steadily gaining traction and monthly registrations have touched ‘the five-digit mark' over the last three months, compared to the sub-1,000 levels a month earlier."
Airtel Money to enhance mobile banking services for Airtel customers (Ghana)
"Airtel Ghana has launched Airtel Money, allowing customers to use their mobile handset in place of their wallet. As per reports, Mr Luck Ochieng, Sales Director, Airtel Ghana has said that this innovative mobile service would help customers to overcome many challenges that they go through when transacting business in their daily lives."
MOBIbucks Gives Mobile Wallet to Jamaicans
"Advanced Integrated Systems and MOBIbucks will roll out the first mobile money platform in Jamaica.
US-based mobile payments specialist MOBIbucks and Jamaica-based transaction processing provider Advanced Integrated Systems intends to roll out this platform in the Caribbean within the next twelve months."
Mexico pioneers LatAm mobile banking joint venture
"Mobile banking services could be set to take off in Latin America following the announcement of a joint venture between the region’s most prolific operator, America Movil, and the US bank Citigroup. The new venture, named Transfer, will begin offering services in Mexico early next year. America Movil CEO Daniel Hajj has stated that the firm is aiming for around 15% of its current customers to adopt the service over the next three to four years."
Nepalis in Qatar can send money via mobile
"Migrant workers in Qatar will shortly be able to send money to Nepal with the help of a SMS - thanks to newly introduced service - Mobile Banking Service - of Qatar Telecom (Qtel). Executive Director of Qatar Telecom´s (Qtel) International Service Ahmed Yousef Ebrahim Al-Derbesti said the company is introducing the service in Nepal in three months. 'We introduced Qtel Mobile Money as a product last week only and we hope to deliver the service within next three months in Nepal,' he added."
Africa’s mobile banking revolution: the poor now have access to financial services
"Mobile banking and mobile money are revolutionising the face of personal and business banking in Africa. There is no need to carry a bank card orcheque book on you. You do not even have to visit the local bank branch to transfer or withdraw money. All you need now is a mobile phonewith a SIM card."
Diamond Bank partners Paga on mobile banking
"In line with the Central Bank of Nigeria’s drive towards making Nigeria a cashless society, Diamond Bank has announced the signing of a formal partnership with the Central Bank licensed company Paga, to offer branchless financial services to Nigerian consumers. According to statement by the bank, both organisations have been working together on this initiative for nearly two years."
"In tune with the times, the Thiruvananthapuram-headquartered State Bank of Travancore is setting great store by mobile and Internet-based banking as well as harnessing the e-platform to executing Government business. Mr P. Nanda Kumaran, who has taken over Managing Director in recent times, says that the mobile banking services are steadily gaining traction and monthly registrations have touched ‘the five-digit mark' over the last three months, compared to the sub-1,000 levels a month earlier."
Airtel Money to enhance mobile banking services for Airtel customers (Ghana)
"Airtel Ghana has launched Airtel Money, allowing customers to use their mobile handset in place of their wallet. As per reports, Mr Luck Ochieng, Sales Director, Airtel Ghana has said that this innovative mobile service would help customers to overcome many challenges that they go through when transacting business in their daily lives."
MOBIbucks Gives Mobile Wallet to Jamaicans
"Advanced Integrated Systems and MOBIbucks will roll out the first mobile money platform in Jamaica.
US-based mobile payments specialist MOBIbucks and Jamaica-based transaction processing provider Advanced Integrated Systems intends to roll out this platform in the Caribbean within the next twelve months."
Mexico pioneers LatAm mobile banking joint venture
"Mobile banking services could be set to take off in Latin America following the announcement of a joint venture between the region’s most prolific operator, America Movil, and the US bank Citigroup. The new venture, named Transfer, will begin offering services in Mexico early next year. America Movil CEO Daniel Hajj has stated that the firm is aiming for around 15% of its current customers to adopt the service over the next three to four years."
Nepalis in Qatar can send money via mobile
"Migrant workers in Qatar will shortly be able to send money to Nepal with the help of a SMS - thanks to newly introduced service - Mobile Banking Service - of Qatar Telecom (Qtel). Executive Director of Qatar Telecom´s (Qtel) International Service Ahmed Yousef Ebrahim Al-Derbesti said the company is introducing the service in Nepal in three months. 'We introduced Qtel Mobile Money as a product last week only and we hope to deliver the service within next three months in Nepal,' he added."
Africa’s mobile banking revolution: the poor now have access to financial services
"Mobile banking and mobile money are revolutionising the face of personal and business banking in Africa. There is no need to carry a bank card orcheque book on you. You do not even have to visit the local bank branch to transfer or withdraw money. All you need now is a mobile phonewith a SIM card."
Diamond Bank partners Paga on mobile banking
"In line with the Central Bank of Nigeria’s drive towards making Nigeria a cashless society, Diamond Bank has announced the signing of a formal partnership with the Central Bank licensed company Paga, to offer branchless financial services to Nigerian consumers. According to statement by the bank, both organisations have been working together on this initiative for nearly two years."
Subscribe to:
Posts (Atom)
