Mobile Money: The $1 trillion industry driving the financial inclusion of the world’s poor
Thursday 19 May, 2022 | Blog | blog | English | Financial Inclusion | Global | Mobile | Mobile for Development | Mobile for Development | Mobile Money | Mobile Money | Mobile Money | SOTIR | Uncategorized
This blog focuses on insights from the 10th-anniversary edition of the State of the Industry Report on Mobile Money 2022, launched on 30th March 2022. Growth: M-PESA’s flutter in East Africa went global Over the past decade, mobile money has expanded from a niche ...
Exploring women’s and entrepreneurs’ use of mobile money in Ghana
Friday 29 April, 2022 | Africa | Blog | blog | Connected Women | Country | English | Financial Inclusion | Financial inclusion for women | Ghana | Mobile | Mobile for Development | Mobile for Development | Mobile Money | Mobile Money | Mobile Money | Mobile Money Blog | Region
This blog shares some key findings from the GSMA’s report “Exploring women’s use of mobile money in Ghana: The user journey, entrepreneurs and the impact of COVID-19”. It draws on recent GSMA qualitative and nationally representative quantitative field research in Ghana in ...
Tracking the mobile money industry 10 years on: Addressing the mobile money gender gap
Friday 29 April, 2022 | Blog | blog | Connected Women | English | Financial Inclusion | Mobile | Mobile access and use | Mobile for Development | Mobile for Development | Mobile Money | Mobile Money | Mobile Money | Mobile Money Blog | SOTIR
This blog shares some key findings from the “Addressing the mobile money gender gap” Chapter on page 60 of the GSMA’s State of the Industry Report on Mobile Money 2022. It draws on recent GSMA nationally representative field research in a number of low- and ...
The Technology Behind the GSMA Mobile Money API Compliance Verification Service
Thursday 28 April, 2022 | Blog | blog | English | Financial Inclusion | Inclusive Tech Lab | Mobile | Mobile for Development | Mobile for Development | Mobile Money | Mobile Money | Mobile Money | Mobile Money Blog | Partnership engagement
APIs are at the core of interconnected and growing ecosystems for mobile money services. They allow seamless integration between providers and third parties and pave the way for faster and cheaper developments. Today, the GSMA Inclusive Tech Lab is launching the ...
Launch of the GSMA Mobile Money API Compliance Verification Service
Thursday 28 April, 2022 | Blog | blog | English | Financial Inclusion | Inclusive Tech Lab | Mobile | Mobile for Development | Mobile for Development | Mobile Money | Mobile Money | Mobile Money | Mobile Money Blog | Partnership engagement
Today, we are launching the GSMA Mobile Money API Compliance Verification Service. Sasai Fintech with operations in Zimbabwe, Burundi and Lesotho is now compliant with the GSMA Mobile Money API specification and AfriMoney will soon deploy their compliant APIs in Sierra ...
Launching the new GSMA Mobile Money API developer portal: supporting the industry towards open ecosystems
Tuesday 26 April, 2022 | Blog | blog | English | Inclusive Tech Lab | Mobile | Mobile for Development | Mobile for Development | Mobile Money | Mobile Money | Mobile Money | Mobile Money Blog
Today, the GSMA Inclusive Tech Lab have launched a new GSMA Mobile Money API Developer Portal for the GSMA Mobile Money API Specification. The GSMA API is an initiative developed through collaboration between the mobile money industry and the GSMA, which provides a ...
Raising your voice: trialling voice recognition for mobile money
Wednesday 20 April, 2022 | Blog | blog | Building the financial ecosystem | Digital identity | Financial Inclusion | Foundational identity | Inclusive Tech Lab | Mobile for Development | Mobile for Development | Mobile Money | Mobile Money | Mobile Money | Mobile Money Blog | Partnership engagement
For more than a billion people worldwide, the simple lack of a legal form of identification (ID) is excluding them from life-enhancing digital and financial services. Almost half of those living without an ID are in Sub-Saharan Africa. The need to provide digital identities ...
Digital Credit: Balancing Access and Consumer Protection in Kenya
Tuesday 29 March, 2022 | Blog | blog | English | Financial Inclusion | Kenya | Mobile | Mobile for Development | Mobile for Development | Mobile Money | Mobile Money | Mobile Money Blog | Policy and regulation | Uncategorized
Widespread adoption of mobile money in recent years, and the consequent creation of transactional data, has enabled access to short-term loans for individuals who were previously excluded from formal credit markets due to lack of credit history. By partnering up, banks in ...
Improving Women’s Digital Safety with Mobile Tokenisation
Tuesday 8 March, 2022 | Blog | blog | Connected Women | Digital Equity | Digital Identity | Digital identity | English | Financial Inclusion | Financial inclusion for women | Gender | Ghana | Inclusive Tech Lab | Mobile | Mobile for Development | Mobile for Development | Mobile Money | Mobile Money | Mobile Money | Mobile Money Blog | Uncategorized
In low- and middle-income countries (LMICs), like Ghana, the wide-ranging benefits of mobile technology are evident in the everyday life of underserved communities. Mobile enables access to voice and communication services, and provides a preferred, and often first, entry to ...
Protecting women’s identities through mobile tokenisation
Monday 10 January, 2022 | Blog | blog | Building the financial ecosystem | Connected Women | Digital Equity | English | Financial Inclusion | Financial inclusion for women | Gender | Global | Inclusive Tech Lab | Mobile | Mobile access and use | Mobile for Development | Mobile for Development | Mobile Money | Mobile Money | Mobile Money | Mobile Money Blog
Mobile technology is being used to change lives and bring new solutions and services to underserved communities. According to the GSMA’s Mobile Gender Gap Report 2021, 143 million fewer women than men own a mobile across low- and middle-income countries (LMICs), and women ...
Mobile money can drive the financial inclusion of persons with disabilities in Ghana
Tuesday 16 November, 2021 | Assistive Tech | Blog | blog | Connected Society | Digital inclusion for persons with disability | English | Financial Inclusion | Financial inclusion for women | Ghana | Mobile Money | Mobile Money | Sub-Saharan Africa
Over the past decade, the proliferation of mobile money across Sub-Saharan Africa has been a catalyst for the financial inclusion of millions of those previously underserved by traditional banks. More than half of the globe’s active mobile money accounts are now located in ...
Introducing the GSMA’s 2021 Mobile Money Handbook: why policy still matters
Monday 1 November, 2021 | Blog | blog | English | Financial Inclusion | Mobile | Mobile for Development | Mobile for Development | Mobile Money | Mobile Money | Mobile Money | Mobile Money Blog | Policy and regulation
In 2018, the GSMA Mobile Money Programme published an updated Mobile Money Policy Handbook. The 2018 edition brought together practical mobile money policy and regulatory considerations from a range of sources, coupled with the team’s industry experience. The Handbook ...
Want to build your voice biometrics experience? We have the code!
Monday 4 October, 2021 | Blog | blog | Mobile | Mobile for Development | Mobile Money | Mobile Money | Mobile Money | Mobile Money Blog | Resource
In the previous months the GSMA Inclusive Tech Lab has worked with different mobile operators to make the Biometrics for All (B4LL) open platform live and functional. The B4LL innovation project aims to help reduce identification barriers, enabling the inclusion of ...
Mitigating the threats of illegal wildlife trade flows
Tuesday 28 September, 2021 | Blog | blog | Global | Mobile | Mobile for Development | Mobile for Development | Mobile Money | Mobile Money | Mobile Money Blog
This blog was guest written with Russell Wallace, Senior AML Compliance Manager and Viola Qefalia, AML Compliance Manager from Vodafone Group. The illegal wildlife trade (IWT) is a serious multi-jurisdictional crime that generates billions of dollars in proceeds every year. ...
Remittances – A Lifeline for Pacific Nations
Wednesday 11 August, 2021 | Asia Pacific | Blog | blog | East Asia and Pacific | Fiji | Financial Inclusion | International Remittances | Mobile for Development | Mobile for Development | Mobile Money | Mobile Money | Mobile Money | Papua New Guinea | Remittances
How the Foreign, Commonwealth and Development Office is promoting the use of mobile technology to increase access to affordable remittances This blog was first published by the Foreign, Commonwealth and Development Office (FCDO) on 21 July 2021. By Jean-Paul Penrose, Pacific ...
Mobile money in 2020 and beyond: exploring the acceleration of mobile money in Latin America and the Caribbean
Wednesday 11 August, 2021 | Blog | blog | English | Financial Inclusion | Financial inclusion for farmers | Financial inclusion for women | Global | Latin America & the Caribbean | Mobile for Development | Mobile for Development | Mobile Money | Mobile Money | Mobile Money | Mobile Money Blog | Remittances | Report | Resource | SOTIR | South America
Mobile money accounts leapt forward in an exceptional year 2020 saw the number of registered and active mobile money accounts grow to new levels globally, but Latin America and the Caribbean (LAC) had by far the fastest growth of any region. LAC now counts 39 million ...
Cybersecurity and mobile money: prioritising consumer trust and awareness
Wednesday 28 July, 2021 | Africa | Asia Pacific | Blog | blog | Building the financial ecosystem | East Asia and Pacific | English | Financial Inclusion | Global | Global | International Remittances | Kenya | Middle East and North Africa | Mobile for Development | Mobile for Development | Mobile Money | Mobile Money | Mobile Money | Mobile Money Blog | Nigeria | Resilient technology | Sub-Saharan Africa | Uncategorized
Mobile money services are delivered through a large and complex ecosystem, multiplying the risk of cyberattacks. As a result, cybersecurity is vital in driving mobile money adoption, use and innovation. For the mobile money industry, cybersecurity is defined as a collection ...
The OECD’s CRS: What mobile money providers must do
Monday 19 July, 2021 | Blog | blog | English | Europe | Financial Inclusion | Financial inclusion for women | Ghana | Global | Global | International Remittances | Kenya | Mobile for Development | Mobile for Development | Mobile Money | Mobile Money | Mobile Money | Mobile Money Blog | Pakistan | Uganda
What is the OECD’s Common Reporting Standard? The Organisation for Economic Co-operation and Development’s (OECD) Common Reporting Standard (CRS) is an information standard for the Automatic Exchange Of Information (AEOI) regarding financial accounts between tax ...