 Wokai is an organization that allows people to contribute directly to microfinance institutions in China, which in turn lend the money to entrepreneurs in rural China. It is a non-profit organization based in Oakland, with core operations in Beijing, supported by individual donors, corporate sponsors, fundraising events and grants.
China Mobile's Nongxintong - or farming information service - launched four years ago. The company is currently focusing on expanding its delivery in China's west and south-west regions. "Building the mobile network and covering most of the country's administrative villages, we realised that there was only a network signal. In rural areas, this is not enough," explains Liu Jing, a local manager for the service at China Mobile.
 Omidyar Network announced an $825,000 grant to Praekelt Foundation to support its pioneering use of mobile technology to drive positive social change. Funded through Omidyar Network's Government Transparency investment area, the grant will be used to extend the Foundation's mobile technology platforms across Africa. Built to take advantage of rapidly growing mobile penetration throughout the continent, these mobile platforms will provide the technological foundation and infrastructure for a variety of initiatives focusing on healthcare, education, human rights and government transparency initiatives.
 Lemon Way is an Independent Software Vendor that helps banks build a differentiated competitive advantage with innovating solutions based on mobile devices or TV channels. The software suite Wonderbank enables banks to provide their customers robust, secure, transactional solutions for routine and advanced banking enquiries.
 Claudia McKay and Mark Pickens from CGAP have pulled together a comprehensive global pricing study on banking services targeting poor, unbanked and underbanked people in Africa, Asia and Brazil. The study examines pricing for services targeting unbanked and underbanked poor people in 10 countries.
The conclusion: mobile banking and other forms of branchless banking are cheaper than traditional banking, but the gap between the two may not be as wide as some may think.
 The European Union (EU) wants stronger privacy rules to give Internet users more control over how social-networking sites such as Facebook, or search engines such as Google use their personal information.
 Probanx Information Systems specializes in development of software for the financial institutions, offering multi-currency and multi-lingual banking systems with a large variety of modules, based on the latest technologies. We install and support turn-key international Banking Software and Microfinance Software solutions for retail banks, commercial banks, Internet banks and microfinance banks.
A significant number of people using new technologies such as mobile phones to access financial services in developing countries are completely new clients for the financial services industry, according to new research by CGAP. The growing interest of so-called branchless banking in recent years has, until now, largely lacked data showing whether it delivers on potential to bring the poor into the formal economy.
Lemon Way is an Independent Software Vendor that helps banks build a differentiated competitive advantage with innovating solutions based on mobile devices or TV channels. The software suite Wonderbank enables banks to provide their customers robust, secure, transactional solutions for routine and advanced banking enquiries.
 Newton Microfinance Institution is the leading private financial institution in Lao PDR. Their vision is to make sure that every Lao resident not only has access to but also benefits from the financial blessings globally enjoyed. They are installing Internet banking services to their clients in several languages including Lao, English, french, etc.
Lots of banks are getting on board with basic mobile banking this year, but there's not been too much innovation when it comes to functionality. A handful of banks are leading the way with widely available capabilities that set them apart from the pack.
Consumers in the Netherlands will be using smartphones as mobile wallets within two years as result of a joint venture between top banks and mobile operators.
This AfricaFocus contains a diverse selection of recent books likely to be of interest and new to AfricaFocus readers. You will find, for example, new books by Africa's distinguished elders, such as Achebe, wa Thiong'o, and Mandela. Selected new books from publishers such as Africa World Press, HSRC Press, and Aflame Books. Books on topical themes such as SMS activism and other ICT developments, on India and China's relations with Africa, and on xenophobia and migration. And more.
All Nokia smartphones released by the company from 2011 will come with NFC (Near Field Communication) technology built in, according to Near Field Communications World (NFCW).
Mobile technology has the greatest chance of delivering financial services to Africa’s estimated 325 million low-income, un-banked people. Examples of African financial innovations abound and the results are being felt across the continent, where mobile phone penetration continues to skyrocket. Dianna Games writes about the success stories and the need for investors to think from the ground up.
On July 1 Open Revolution and Geocell announced the ultimate innovative mobile payment method - MobiPay, which allows you to make purchases, bill payments and person to person money transfers much more easily, more quickly, more safely and more conveniently by mobile phone.
Non-profit industry leaders, telephone carriers and technologists are joining the Innovative Giving Conference entitled ‘Mobile Giving and Communication Demystified’ held September 27th – 28th in Malibu
MobileCause provides simple and powuerful ways to connect with your donors in the most personal way possible - their mobile device. As the leading web service for cause-related mobile communication and fundraising technology, the MobileCause complete mobile donor plan enables your cause to join this exciting new movement in a few easy steps. Let MobileCause mobilize your cause!
Clickatell, a vendor of messaging, is providing in-country SMS alert services to Satelite Microfinance Bank.
M&I Marshall & Ilsley Bank is adding to its mobile banking capabilities by launching an iPhone application for retail banking customers.
USAA is offering mobile banking to customers that have Google’s Android-powered smart phones.
USAA launched its Deposit@Mobile application for the Apple iPhone last year. Since then, USAA customers have deposited more than $300 million worth of deposits using their iPhones.
Is Mobile Banking Safe: Redefining Mobile Security through App Verification
Author: Eric Everson, Founder MyMobiSafe.com
Probanx Information Systems specializes in development of software for the financial institutions, offering multi-currency and multi-lingual banking systems with a large variety of modules, based on the latest technologies. We install and support turn-key international Banking Software and Microfinance Software solutions for retail banks, commercial banks, Internet banks and microfinance banks.
Newton Microfinance Institution is the leading private financial institution in Lao PDR. Their vision is to make sure that every Lao resident not only has access to but also benefits from the financial blessings globally enjoyed.
Welcome to this blog about Microfinance, Innovations and Sustainable Development
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