E-zwich offers instant payment to Ghanaian Farmers

February 23, 2012

Licensed buying and agro-processing companies can now avoid the risk of moving huge sums of money around to pay farmers by using the e-zwich Payment…

Lagos strike highlights readiness for cashless system

January 24, 2012

The recent nationwide strike by the Nigerian Labour Congress to protest the removal of a government fuel subsidy was an indication of banks’ preparedness to…

Approval for the Approved Card

by Arjan Schutte — Managing Partner, Core Innovation Capital

Suze Orman today announced her new Approved Card, because in her words (and inflection), "You. Can. Always. Bank. On. Me." The card is the latest in a long…

Commentary: Self-serve, mobile payment options provide convenience for customers

Through automation, service providers reduce operational risks, and improve reconciliation and auditing.

Fiserv, Sunrise Community Banks partner to offer prepaid cards

December 8, 2011

Fiserv Inc., a provider of financial services technology solutions, has announced that it has signed an agreement with Minnesota-headquartered Sunrise…

Rwanda bank unveils mobile money transfer product

November 30, 2011

Banque Populaire du Rwanda recently launched a new product called IZI Cash that allows mobile banking users to transfer money to account holders who can then…

Welcome Green Dot Bank

by Arjan Schutte — Managing Partner, Core Innovation Capital

On Freedom Boulevard in Provo, Utah, nestled between the mountains of Uinta National Forest and Lake Utah is a nice little one-branch bank, pictured above. It…

Visa targets unbanked in developing countries with prepaid mobile offering

by James Wester — Editor 1, Mobile Payments Today

The payment network announces its first product in its global strategy to reach the unbanked.

New data tool for analyzing unbanked populations released

November 15, 2011

The Corporation for Enterprise Development, with support from the U.S. Department of the Treasury, and in partnership with the San Francisco Office of…

The U.S. unbanked go 'Boom'

November 14, 2011

Sending money is now as simple as sending a text message, according to m-Via, a company that launched Boom, a platform giving unbanked consumers access to…

Not unbanked, untapped

by Arjan Schutte — Managing Partner, Core Innovation Capital

Most believe the underserved are large in numbers and small in market potential. Of course, micro lenders around the world, such as Nobel laureate Grameen…

The “Say/Do” contradiction

by Arjan Schutte — Managing Partner, Core Innovation Capital

A wise COO pointed out the "say/do" contradiction the other day. It is something that beguiles anyone trying to understand their customer, but especially those…

African ATM market ripe for expansion

'Cash is king' environment and a major increase in wireless usage are making the market attractive.

Consumers’ choice: Shopping for expedited self-serve financial services

by Behshad Hastibakhsh — Director of Marketing, TIO Networks Corp

Today's consumers engage in repetitive shopping patterns, as they visit brand-name retail stores and select familiar products. The weekly shopping lists often…

India uses 'human ATMs' to reach unbanked population

October 2, 2011

According to the Bend Bulletin, India is using "human ATMs" to reach its unbanked rural population.

Developing world officials will gather to discuss financial inclusion for the unbanked

September 26, 2011

Central bank governors, finance ministers and financial regulators from 80 developing countries will meet this week to set goals for expanding financial…

Utilities, wireless and other service providers opt for self-serve bill payment

by Behshad Hastibakhsh — Director of Marketing, TIO Networks Corp

A growing number of utility, wireless and other service providers have identified self-serve bill payment kiosks as an innovative solution to improve customer…

Indian Finance Ministry asks banks to joint source ATMs to decrease costs, reach unbanked

September 11, 2011

According to the Hindu Business Line, the Indian Finance Ministry has asked public sector banks to figure out the logistics of joint sourcing ATMs between…

Bill payment processor targets cash-preferred U.S. Hispanic population

by Kim Williams — Reporter, NetWorld Alliance

TIO Networks caters to the under- and unbanked with its self-service business model.

The European case for proper interchange, surcharging structure

by Flora Hamilton — European Manager, ATMIA

Although it is the holiday season here in Europe, we are never far away from the real commercial pressures affecting some of the national ATM markets here in…