Using Mobile Money to Issue and Repay Loans
Ugandan fintech business Numida says that 99 percent of their loans are made using mobile money.
Will Blockchain Turn Mobile Money into a Pan-African Payment System?
An African mobile money interoperability firm will partner with providers of cryptocurrency tech for low-cost international transfers.
How Telcos Could Lose Billions from Ultrafast Transactions
James Zhong stole USD3.3bn in cryptocurrency by executing many rapid withdrawals from online accounts.
PayPal Says Plan to Fine Customers for Exercising Free Speech Was an ‘Error’
PayPal wrote a policy allowing them to take USD2,500 from the accounts of customers deemed guilty of ‘promoting misinformation’.
GVG Wants Africans to Have a Digital Identity So It Is Easier to Tax Them
Siphoning money from stealth taxes on voice is only an intermediary stage in the business plan for Global Voice Group (GVG).
Welcome U-Turn Sees 43% Cut to Tanzania’s Mobile Money Tax
Other governments should also seek to learn from Tanzanian policies that backfired.
MTN Nigeria Subsidiary Demands Banks Return $54mn of ‘Wrong’ Mobile Money Transactions
Usoro Usoro, CEO of MoMo Payment Service Bank, submitted a court affidavit about 700,000 improper transfers to 18 different banks.
Saying African Telcos Are ‘Inadequately Prepared’ for Mobile Money Fraud Smacks of Unconscious Racism
The Head of Communications at SAS Institute sees no problem with a wild generalization about Africans and crime.
AML Compliance for High-Growth E-wallet Markets
Mobile money and online payment services have driven the rapid rise of e-wallets, forcing businesses to deploy dynamic technology to tackle money laundering.
Cities of Gold or the Final Meltdown? Nobody Can Predict the Future of Bitcoin
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.