In fact, over-the-counter services, where a mobile money agent performs the transactions on behalf of an unregistered walk-in customer, are now the fastest-growing segment of active mobile mo... Read More
But of the 203 million registered users, East Africa accounted for 34%, with the vast majority of those being in Kenya. And the number of active mobile money accounts totals just 61 million — ba... Read More
Could blockchain tech take India cashless?
"Banks may setup a private blockchain for their internal purposes," the authors wrote. "This not only helps them to train human resources in the technolog... Read More
Mumbai image via Shutterstock
"This solution enables us to do timely processing of the vendor payment through vendor financing from the bank without physical documents and manual intervention. It a... Read More
Bitcoin Sets Six-Day High Above $9K (Then Dips Again)
Bitcoin (BTC) is trimming gains, having set a six-day high above the $9,000 mark early Saturday, according to CoinDesk's Bitcon Price Index (BPI).
The cryptocurrency ran into bids at $8,608.62 at 0
Dfinity raises $61 million for platform that rivals ethereum
Dfinity, a new product that rivals ethereum, just raised $61 million by well-respected investors Andreesen Horowitz and Polychain Capital, which has investors ranging from Sequoia Capital to Union
Greed is bad? 5% monthly gains aren’t a 'God-given right,' says Bespoke’s Paul Hickey
Investors should view the historic pullback in stocks and bitcoin as a lesson on the dangers of overconfidence, according to market watcher Paul Hickey. Hickey, co-founder of independent research
Bitcoin is for 'toy collectors,' Minneapolis Fed President Neel Kashkari says
Bitcoin is not for serious investors, the head of the Minneapolis Federal Reserve said Thursday. "If you live in any modern advanced economy, I would stick with the dollar, I would stick with the