Monthly Archives: October 2016

Mobile Money on the rise in Africa as millions get phones

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Millions of African depend on mobile money for daily activities like paying utility bills to special circumstances like helping a friend in distress. But the multibillion-dollar mobile money industry is increasingly going global, making it possible for mobile customers to send money across borders instantly. This year, mobile money services have become international. In January, […]

Digital Finance and Emerging Economies

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In a commentary for Fortune, James Manyika of McKinsey and Rodger Voorhies of the Bill & Melinda Gates Foundation advocate for greater investment in digital finance – the technology that enables a mobile phone to become a “wallet” – as a way to promote financial inclusion. Youtap’s services enable mobile money transactions in these markets. […]