Mobile money-enabled remittances are a lifeline for families of migrant workers
Friday 8 January, 2021 | Bangladesh | Blog | Building the financial ecosystem | Financial inclusion for women | Malaysia | Mobile Money | Pakistan | South Asia
COVID-19 has been cruel to us all, but the economic impact of the pandemic has been especially severe on migrant workers and their families in the developing world: the earnings these already economically vulnerable groups have been able to send home fell last year by 20%, ...
Interoperability Test Platform v1.1: Now more powerful and easier to use
Thursday 5 November, 2020 | Blog | blog | Building the financial ecosystem | English | Global | Inclusive Tech Lab | Interoperability | Mobile Money
Interoperability between financial services continues to be a key focus for development in the mobile money ecosystem, but it remains a complex area with a high risk of error. The GSMA Inclusive Tech Lab is proudly supporting the industry in navigating the challenges of ...
What value do open APIs bring to the mobile money landscape?
Tuesday 27 October, 2020 | Blog | blog | Building the financial ecosystem | English | Global | Inclusive Tech Lab | Mobile Money
In September, we hosted a four-day industry convening, looking at Open APIs in the mobile money industry. Following growing industry interest in API strategies, providers can drive ecosystem development, enable third-parties to innovate on valuable services, and generate new ...
Beyond one billion accounts: What path is mobile money following in Latin America & the Caribbean?
Tuesday 20 October, 2020 | Blog | blog | Building the financial ecosystem | English | Latin America & the Caribbean | Mobile Money | Policy and regulation | State of the industry and trends
Leer en Español This is the seventh in a series of blogs focusing on the findings of the State of the Industry Report on Mobile Money 2019. Blog #1 | Blog #2 | Blog #3 | Blog #4 | Blog #5 | Blog #6 With contrasting socio-economic and competitive contexts, mobile money across ...
Tailoring the GSMA Interoperability Test Platform to meet business needs: A closer look at the test case engine
Thursday 8 October, 2020 | Blog | blog | Building the financial ecosystem | Global | Inclusive Tech Lab | Interoperability | Mobile Money
Have you ever been frustrated when trying to use a new system and it doesn’t behave as desired? And what about when the integration between systems you use becomes a challenge? These are problems of interoperability, and they are even bigger and more crucial when it ...
The opportunity of mobile biometrics: Lifting the barriers of digital inclusion in emerging markets
Tuesday 6 October, 2020 | Blog | blog | Building the financial ecosystem | English | Inclusive Tech Lab | Mobile for Development | Mobile Money | Sub-Saharan Africa
More than one billion people in the world lack any form of legal identification and almost half of these are living in Sub-Saharan Africa. The lack of identification prevents them from accessing life-enhancing digital and financial services. There is a clear role for ...
Why are digital skills important for financial inclusion, and how can the mobile money module in the GSMA’s MISTT help?
Friday 2 October, 2020 | Africa | Blog | blog | Connected Society | Digital literacy | English | Mobile access and use | Mobile Money | Sub-Saharan Africa
This is the fourth blog in a 6-part series to mark the re-launch of the GSMA Mobile Internet Skills Training Toolkit (MISTT). You can read Part 1 here, Part 2 here and Part 3 here. This series will deep dive into each of the new MISTT modules (Online ...
Beyond one billion accounts: Mobile money in Africa enters a new digital era, spurred by more advanced transactions – Part 2
Tuesday 29 September, 2020 | Blog | blog | Building the financial ecosystem | English | Mobile for Development | Mobile Money | Policy and regulation | State of the industry and trends
Watch on demand: Beyond one billion: Exploring the state of mobile money in Africa. This is the sixth in a series of blogs focusing on the findings of the 2019 State of the Industry Report on Mobile Money. Blog #1 | Blog #2 | Blog #3 | Blog #4 | Blog #5 | Blog #7 […]
Beyond one billion accounts: The evolution of Africa’s growing mobile money market – Part 1
Monday 28 September, 2020 | Africa | Blog | blog | Building the financial ecosystem | English | Interoperability | Mobile Money | Policy and regulation | State of the industry and trends
Webinar on demand: Beyond one billion: Exploring the state of mobile money in Africa. This is the fifth in a series of blogs focusing on the findings of the 2019 State of the Industry Report on Mobile Money. Blog #1 | Blog #2 | Blog #3 | Blog #4 | Blog #6 | Blog #7 […]
Tracking Mobile Money Regulatory Responses to COVID-19 – Part 2
Monday 7 September, 2020 | Africa | Blog | blog | collab covid-19 | COVID-19 | Mobile for Development | Mobile for Development | Mobile Money | Sub-Saharan Africa
In our previous post, we released the COVID-19 Response Tracker, a tool that monitors and summarises mobile money-specific regulatory, policy, government and provider interventions globally, in response to the coronavirus pandemic. Earlier in April 2020, we examined the ...
Understanding how the GSMA Interoperability Test Platform can adapt to new business requirements: A closer look at the architecture
Thursday 3 September, 2020 | Blog | Building the financial ecosystem | English | Global | Inclusive Tech Lab | Interoperability | Mobile Money
At the beginning of our journey with the GSMA Interoperability Test Platform, during the exploration phase, we decided that the platform should support operators during their drive towards building an interoperable ecosystem. In order to achieve that, one of our primary ...
Beyond one billion accounts: How fast is the mobile money landscape growing in Asia?
Friday 14 August, 2020 | Blog | blog | Building the financial ecosystem | East Asia and Pacific | English | Mobile for Development | Mobile Money | South Asia | State of the industry and trends
This is the fourth in a series of blogs focusing on the findings of the 2019 State of the Industry Report on Mobile Money. Blog #1 | Blog #2 | Blog #3 | Blog #5 | Blog #6 | Blog #7 While Sub-Saharan Africa has long been the epicentre of mobile money, Asia has experienced ...
QR code merchant payments: A growth opportunity for mobile money providers
Thursday 6 August, 2020 | Africa | Blog | blog | Building the financial ecosystem | Interoperability | Mobile for Development | Mobile for Development | Mobile Money | Sub-Saharan Africa
QR codes are an increasingly ubiquitous payment channel around the world Globally, digital payments are expected to reach an annual transaction value of USD 4.4 trillion in 2020, with 17 per cent CAGR through 2024. With growth rates like this, it is not surprising that ...
Behind the GSMA Interoperability Test Platform: from inception to launch
Thursday 6 August, 2020 | Blog | blog | Building the financial ecosystem | Global | Interoperability | Mobile for Development | Mobile for Development | Mobile Money | Uncategorized
In the past months, the GSMA Inclusive Tech Lab made various announcements about the GSMA Interoperability Test Platform, talking about the importance of testing, our Beta release and the first version of the platform. But as an innovation lab for inclusive technologies, why ...
Why is there a need for GSMA Mobile Money API Specification? A comparison with other industry standards
Thursday 30 July, 2020 | Blog | blog | Building the financial ecosystem | English | Mobile for Development | Mobile Money | Uncategorized
Mobile money is a rapidly growing sector of the financial services industry across developing markets, reaching many people who do not have access to other financial services. Enabling the mobile money ecosystem through open APIs is key to both the success of the industry ...
Charting a new course for mobile money in the new normal
Monday 20 July, 2020 | Blog | Building the financial ecosystem | COVID-19 | English | Global | Global | Mobile for Development | Mobile Money
This blog was co-authored between the Cambridge Centre for Alternative Finance and the GSMA. The dawn of a new decade has seen the world ground to a halt as we pause to tackle Covid-19. In addition to health outcomes and tragic loss of lives, the social and economic ...
Tracking mobile money regulatory responses to COVID-19
Thursday 16 July, 2020 | Blog | Building the financial ecosystem | COVID-19 | East Asia and Pacific | English | Global | Global | Mobile for Development | Mobile Money | Policy and regulation | South Asia | Sub-Saharan Africa
In April 2020 we published a paper on Mobile money recommendations to central banks in response to COVID-19. This paper examined the impact of COVID-19 on mobile money business and provides broad recommendations that can be taken to ensure business continuity and ...
The GSMA Inclusive Tech Lab launches an industry-leading Interoperability Test Platform for financial inclusion
Wednesday 1 July, 2020 | Blog | Building the financial ecosystem | English | Global | Global | Interoperability | Mobile for Development | Mobile Money | Uncategorized
Today, the GSMA Inclusive Tech Lab is launching the Interoperability Test Platform, the industry’s first joint test environment combining two key technologies: the GSMA Mobile Money API, a harmonised industry specification for all common mobile money use cases, and Mojaloop, ...
Mobile money driving formalisation and building the resilience of MSMEs
Thursday 25 June, 2020 | Blog | Building the financial ecosystem | English | Global | Global | Mobile Money
The critical contribution of micro, small and medium enterprises (MSMEs) to broader socio-economic objectives makes them a key priority area for achieving the Sustainable Development Goals. MSMEs account for the majority of businesses worldwide and have the potential to ...
Mobile money-enabled remittances: Building resilience in times of crisis
Tuesday 16 June, 2020 | Blog | Building the financial ecosystem | English | Global | Global | Mobile Money | Uncategorized
Mobile money-enabled remittances have steadily grown over the past decade. Today, millions of migrants and their families are experiencing life-changing benefits from faster, safer and cheaper remittances across 184 unique corridors. On the occasion of the International Day ...