Monthly Archives: September 2016

Mobile Networks Are Key to Global Financial Inclusion, Report Finds

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With coordinated action, some 1.6 billion people could gain access to financial services by 2025, writes the Wall Street Journal. The ubiquity of cellphones could allow a rapid expansion of financial services throughout the developing world, with major implications for growth and credit accessibility, a McKinsey & Co. report concludes. Read the full story

Cellphones, Not Banks, May Be Key to Finance in the Developing World

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Following the release of a major new report from the McKinsey Global Institute, The New York Times writes:   Developing nations — and to a lesser extent developed economies like the United States — lose enormous amounts of economic potential from the continuing reliance on cash and the difficulty many businesses and individuals encounter when […]

Youtap’s Joint-Venture wins Best NFC-enabled Service Award!

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We’re pleased to announce our Best NFC-enabled Service award win at the CEPI Asia Awards, along with high commendation in the Best Digital Solution category. Thanks to our partnership with Telkomsel T-Cash, we’ve been able to prove retail enablement is a driving force of mobile money adoption, and moving beyond cash-out. Cards and Electronic Payments […]