Monthly Archives: September 2016

Mobile Networks Are Key to Global Financial Inclusion, Report Finds

Hawala market

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


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!


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 […]