M-PESA in Kenya is widely regarded, and rightly so, as an outstanding success in mobile money. It is therefore interesting to reflect on how this success has impacted the banks in Kenya…
The Application of Artificial Intelligence in Financial Inclusion
A very important development in financial inclusion is the use of big data and artificial intelligence – specifically machine learning – to make it possible to lend money profitably…
Innovation and Technology as Drivers of Financial Inclusion
Much of the focus in financial inclusion in recent years has been on the development of mobile financial services, but the example of Capitec Bank in South Africa illustrates how…
The Size and Growth of the Mobile Money Market
The mobile money market has been growing at a rapid pace for the past 10 years. The number of live services has increased from 7 in 2006 to 271 in 2015…