WILL MODERN MFIS ENERGIZE PAY AS YOU GO?
The offgrid energy industry is one of the most successful sectors serving the base of the economic pyramid (BOP). In a few short years, Pay As You Go technologies have not only invigorated the sector but have driven mobile money adoption. Yet the challenges of selling to the poor on credit remains a make-or-break consumer finance balancing act for small solar distributors and Silicon Valley-backed behemoths alike. Given that BOP cash-flow solutions are the bread and butter of Microfinance Institutions, analysts have recently reignited the hope that MFIs can crack offgrid solar’s repayment challenge. This week Mondato Insight asks, in an age where tech startups are shaking up consumer finance, are we on the verge of a new era of collaboration among traditional microfinance and off-grid energy? Read More...
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IFC And Alipay Announce 10x1000 Tech For Inclusion Programme
The initiative will include a comprehensive programme that embraces interactivity and the exchange of ideas to provide training to 10,000 tech experts in emerging markets. READ MORE...
Apple Sounds Alarm Over Australia's Proposed Anti-Encryption Law
Although the Australian government says the bill's intention isn't to compel software "back doors", Apple says the "breadth and vagueness of the bill's authorities, coupled with ill-defined restrictions" leaves its meaning open to interpretation. READ MORE...
Aadhaar Verdict: Balance Between Delivery Of Benefits And Privacy
Repealing section 57 may have a huge impact on Aadhaar-enabled services, especially on e-KYC, and Aadhaar-enabled Payment System (AePS). READ MORE...
Banking Startup Revolut Is Worth $1.7 Billion Just 33 Months After Launching
London-headquartered Revolut began as a no-fee foreign exchange card, linked to an app, but has rapidly expanded to offer everything from travel insurance and property investment to cryptocurrency trading. It is currently applying for a banking license in Lithuania. READ MORE...
Mobile Money Agents Association of Ghana Wants Insurance From Telcos
The upsurge in armed robbery attacks on merchants has put fear into their 95,000 agents across the country as there is no protection for their lives and operations. READ MORE...
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