Using Mobile Money to Issue and Repay Loans
Ugandan fintech business Numida says that 99 percent of their loans are made using mobile money.
Ugandan fintech business Numida says that 99 percent of their loans are made using mobile money.
An African mobile money interoperability firm will partner with providers of cryptocurrency tech for low-cost international transfers.
James Zhong stole USD3.3bn in cryptocurrency by executing many rapid withdrawals from online accounts.
PayPal wrote a policy allowing them to take USD2,500 from the accounts of customers deemed guilty of ‘promoting misinformation’.
Siphoning money from stealth taxes on voice is only an intermediary stage in the business plan for Global Voice Group (GVG).
Other governments should also seek to learn from Tanzanian policies that backfired.
Usoro Usoro, CEO of MoMo Payment Service Bank, submitted a court affidavit about 700,000 improper transfers to 18 different banks.
The Head of Communications at SAS Institute sees no problem with a wild generalization about Africans and crime.
Mobile money and online payment services have driven the rapid rise of e-wallets, forcing businesses to deploy dynamic technology to tackle money laundering.
Is it brave or foolish to seek USD1bn to build a Bitcoin City? Risk can be hard to evaluate but there are also downsides to doing nothing.