DOCSLIB.ORG

Zoona Case Study

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Zoona Case Study Extending Financial Choice and Access to the Last Mile: Developing a Digital Financial Services Product for Zambian Smallholders Zoona case study JANUARY 2020 AGRIFIN ZOONA CASE STUDY • Mercy Corps’ AgriFin programming (MCAF) represents USD 35 million in innovation funding from the Mastercard Foundation, Bill and AgriFin Program Melinda Gates Foundation and the Swiss Development Corporation to support development, testing and scale of digitally- Introduction enabled services to more than 3 million smallholders by 2021 • Our objective is to develop sustainable services that increase farmer income and productivity by 50%, with 50% outreach to women and youth • MCAF works as an innovation partner with private sector scale partners and such as banks, mobile network operators, agribusinesses, as well NIGERIA as technology innovators and governments ETHIOPIA committed to serving smallholders at scale UGANDA KENYA INDONESIA • We help our partners develop, prototype and scale bundles of digitally-enabled financial and non-financial services supporting partnership TANZANIA development between market actors that leverage their strengths ZAMBIA • We combine MCAF team expertise with strategic ZIMBABWE subsidy to jointly implement iterative, fail-fast engagements with partners on a cost-share basis, sharing public learnings to drive market ecosystem growth • Since 2012, we have completed more than 150 engagements with over 70 partners • Currently, our work reaches more than 2.8 million smallholders AGRIFIN ZOONA CASE STUDY Introduction & Project Context BACKGROUND PROGRAM APPROACH SCOPE OF ENGAGEMENT • Mercy Corps’ AgriFin • AgriFin is leveraging the power, • Zoona is a mobile financial services Accelerate Program convenience, and prevalence of mobile technology (FinTech) company (AFA) is a USD 25 phones to help smallholder farmers boost developing products such as money million, six-year initiative their harvests and incomes. transfers, electronic voucher supported by the • AgriFin employs a market facilitation payments, and agent payments. Mastercard Foundation model to drive scalable, commercial • Over the past 2 years, AFA has to support delivery of product innovation for SHF with supported Zoona through a series of digitally-enabled agricultural ecosystem partners who engagements to (i) develop their services to more than 1 include mobile network operators, banking strategy, (ii) establish million smallholder financial institutions, service providers, channels for last mile delivery of farmers across Kenya, farmer networks, technology innovators, their latest product, Zoona Plus, to Tanzania and Zambia. agriculture value chain players, smallholder farmers (SHF) and rural • Our objective is to government and other stakeholders. customers. To-date, Zoona has support service • AFA works as an innovation partner with reached 83,577 users on Zoona Plus, development and scale private sectors scale partners such as 17% of whom are smallholder that helps smallholders banks, mobile network operators, farmers. increase income and agribusinesses and technology • This case study highlights productivity by 50%, companies committed to serving learnings from this partnership working to ensure 50% smallholders at scale and recommendations for other outreach to women. • We help our partners develop, prototype financial service providers and scale bundles of digitally-enabled targeting rural markets / smallholder farmers. financial and non-financial services. AgriFin Accelerate: AFA; SHF: Smallholder Farmer AGRIFIN ZOONA CASE STUDY Executive summary Zoona Plus is Zoona’s holistic digital wallet offering that allows customers to send money, pay bills, save and borrow through their platform and strategic banking partnerships. Since launching this product, Zoona has transitioned from a customer-facing DFS provider to a partnership-led DFS market enabler. This evolution has allowed Zoona to continue advancing in an increasingly competitive mobile money market. REACH & IMPACT: KEY LEARNINGS ON STRATEGIES FOR REACHING • Since the Zoona Plus launch in April 1st, THE LAST MILE: 83,577 customers have been registered; we • Go-to-market strategies need to include touchpoints closest to estimate 14,222 are farmers (17%), of which SHFs, such as agrodealers, in order to ensure both product uptake 4,978 are women smallholder farmers (SHFs) and continued use. Brand ambassadors are more effective when in (34%). close contact with SHFs and live within the same community. • In addition, Zoona has recruited and trained 60 • Mass market product can still be relevant to SHFs if they speak agrodealers as agents, increasing the rural directly to the needs. For Zoona Plus, the strongest value DFS access points. proposition for SHFs is the ability to save. • Zoona has partnered with 3 DFS providers, • Through agency banking/partnerships with banks, Zoona is offering an enabling platform that allows lowering cost-to-serve and unlocking the peri-urban and rural product interoperability and increased markets by strengthening its distribution channel. customer access as well as agent profitability. To date, Zoona’s interoperable • As the Zoona business (and the Zambia DFS market) transitions platform has allowed 230,000 unique from over-the-counter (OTC) transactions to wallets, Zoona and customers to transact across the different other FSPs can build a stronger base for customer retention and the service providers, 40,635 of whom are SHFs. ability to begin to cross-sell other financial services. DFS: Digital Financial Services; SHF: Smallholder Farmer; OTC: Over-the-counter; FSP: Financial Service Provider AGRIFIN ZOONA CASE STUDY Table of Contents AGRIFIN PROGRAM INTRODUCTION PROJECT CONTEXT EXECUTIVE SUMMARY 1 Zoona Company Overview and Project Background Zoona: Company Overview Zoona: Reach to-date Overview of Joint Engagements 2 Human Centered Design Research Insights for product development and go-to-market strategies for the last mile Key HCD Insight 1 Key HCD Insight 2 Key HCD Insight 3 3 Summary of Insight on Banking Partnerships from Case Studies Partnership Insights for Zoona Case Study 4 Case Study 1 Case Study Insights Case Study 2 Value Proposition for Zoona Case Study 3 4 Key Learnings on Reaching the Last Mile Journey to the Last Mile AGRIFIN ZOONA CASE STUDY Zoona company overview (1 of 3) • Zoona is a mobile money operator started in 2009 as a pilot focused on digitizing bulk payments in the cotton sector in Zambia. The mobile money provider’s agent network grew steadily to become the most robust in the country, making Zoona the go-to provider for over-the-counter money transfers. • Today, Zoona offers a suite of digital financial products in partnership with banks and other mobile money operators. 1.5 million customers in Zambia and Malawi. 3000+ agents: with a drive to further expand retail agents in the rural market. 3 products: over-the-counter money transfer, Zoona Plus, Z-code (inter-operable DFS platform). 3 partnerships with banks and other mobile money operators AGRIFIN ZOONA CASE STUDY Zoona company overview (2 of 3) Zoona’s evolution has allowed the provider to remain relevant in an increasingly competitive mobile money market 2019 Interoperability 2019 • Zoona enters into an Bulk payments agreement FSPs and 2018/9 3rd party providers (Kazang, Mukuru, 2nd generation DFS • Zoona leverages its strong brand, agent Atlas Mara) to allow 2009 products network and digital bank account and Zoona wallet Over-the-counter • Zoona partners with a wallet offering to interoperability. This (OTC) money transfer bank to provide a provide bulk payment enables bank clients to mobile wallet that systems to public and • Zoona partners with cash out, deposit and serves as a digital private sector partners. USAID to digitize transact at any Zoona store of cash, micro- cotton payments • Key partnership with booth. savings (Sunga) and the Ministry of • Robust agent network loans (Boost). Agriculture to provide • Zoona business grows to support OTC model evolves to • Zoona bundles these e-voucher payments to money transfer serve as a platform offerings into one farmers under the services to the mass that allows other platform launching Farmer Input Support market. Network grows market players to plug Zoona Plus Programme (FISP). to be one of the most in and serve more robust and profitable customers. DFS: Digital Financial Services FSP: Financial Service Providers AGRIFIN ZOONA CASE STUDY Zoona company overview (3 of 3) Zoona has (i) leveraged partnerships with banks and rural businesses and (ii) evolved its product offering from OTC to wallet-based to drive customer uptake and improve agent liquidity & profitability SCALING TO THE LAST MILE REACHING WOMEN MASS MARKET REACH (RURAL) SMALLHOLDERS • Zoona Plus has been well • Zoona’s approach to reaching farmers • Zoona has been deliberate received on the market; and expanding to rural locations has about increasing women’s reaching 20,000 customers been through partnerships with access and use of DFS by in its first month of pilot. The rural agribusiness. Zoona has onboarding and training product has since grown to recruited Agrodealers to serve as female agents and tellers. To- reach over 85,000 customers agents, providing touch points for date, 80,000+ female across Zambia. transactions in rural areas. customers have transacted on the Zoona Plus platform or • Introducing 3rd party • The shift in Zoona’s agent network through 3rd parties. providers on the Zoona from standalone agents to rural platform has allowed the businesses
Load more

Recommended publications
  • Airtel to Airtel Talktime Offers in Ap
    Airtel To Airtel Talktime Offers In Ap Dutiful and utmost Shay unstringing: which Markos is accessorial enough? Conferential Chaddy steels outward, he ingratiated his morales very courteously. Unenthusiastic Praneetf nicker hissingly or classifying indistinctly when Meredeth is mussiest. Please check airtel full talktime plans aim to be entered into your mobiles, talktime offers available for rs galaxy sim mobile recharge in this platform User or password incorrect! Airtel rolls out Rs Rs 99 Rs 129 and Rs 199 prepaid plans Times. The Airtel plans of Rs 99 and Rs 129 offer unlimited calling and 1GB data On break other hand wiggle the rub of Rs 199 Airtel users will get 100 SMS unlimited calling and 1GB data per day The Rs 99 plan from Airtel comes with the validity of 1 days and three also offers 100 SMS. Android without a project leap, airtel to airtel talktime offers in ap regional sd rs prepaid? Tell me keep to breath the times it will ensure stable during and airtel andhra pradesh. Is the break-up apart both the plans MORE attitude THIS SECTIONSee All AP Photo. Imo user data, in ap my pin. Aadhaar based digital verification process will facilitate instant activation of Airtel mobile connections. Money by bharti airtel xstream, liberty reserve talktime offers to airtel today, user gets to hack tool and chat with. Leave a superior network across india committed significant amount in micropayment of payment page using facebook password hack text or. Airtel Andhra Pradesh Prepaid Recharge at MobiKwik Online recharge your Airtel Andhra Pradesh and pay securely through credit card debit card.
    [Show full text]
  • Free Cash App Money Generator |Get Free Cash App Money | $100 Free C Ash App Money Generator
    FREE CASH APP MONEY GENERATOR |GET FREE CASH APP MONEY | $100 FREE C ASH APP MONEY GENERATOR Updated: March 2, 2021 User Online: 85841 Here is your chance to get from $50 to $1000 free Cash App Money without paying for it. Click the button below to get your free Cash App Money Get Cash App Free Money In just simple task you can get a tons of money for Cash App. You can get cash app free money reward for free without survey and no need to download. This Cash App Free Money Reward is the best for you to earn money and this works on Mobile iOS/Android and PC or Windows. Cash App is, quite simply, an app for sending and receiving money. Users can create a free account that will then let them instantly send or receive money from other users within the same country. When using the Cash App, be extra mindful of entering recipients' information properly, because if you accidentally send money to the wrong party there is no real recourse to get it back once the transfer has initiated other than asking for it and hoping they do the right thing by refunding it, although you may be able to cancel certain pending payments. We just released the new Cash App Free Money it generates unlimited free money on cash app. [[Cash App Free Money 2020]] Get Cash App Free Money 100% Working We just released the new Cash App Free Money it generates unlimited free money on cash app. This Cash App Free Money Generator is the best for you to earn money and FREE CASH APP MONEY GENERATOR |GET FREE CASH APP MONEY | $100 FREE C ASH APP MONEY GENERATOR this works on Mobile iOS/Android and PC or Windows.
    [Show full text]
  • Mobile Payment
    Telecom & Media Viewpoint Mobile payment Is this the turning point? Mobile payment has been on the agenda of numerous players across industries for more than a decade. Now, with Apple Pay and Google Wallet launched and the markets equipping themselves, mobile payment may finally take off. Is this the turning point in developed markets? Mobile payment has taken off, but not in developed cashless societies early are still in a nascent stage. In Sweden, markets – until now for example, where cash payments decreased to 22% of total transactions, mobile payments still only represented 3% of Mobile payment has taken off on a global scale, accounting for transactions as of 2014. a total of 285 billion USD in 2014 and representing 7% of global A well-known success story in developed markets is the electronic transactions. Arthur D. Little expects these figures to Starbucks mobile payment app. The app was launched in 2011 continue growing at a fast pace, exceeding 800 billion USD and counted 12 million users in 2014, which the firm claimed by 2017. accounted for about 90% of US mobile payment transactions. Figure 1: Global m-payment value forecast [2013-17, bn USD] Other prominent examples are driven by Korea Telecom in South Korea and NTT DoCoMo in Japan. Nevertheless, success stories 823 in developed markets are mostly regionally bound and specific, such that they have not been replicated or extended on a global 605 scale. 426 Nonetheless, Arthur D. Little believes a turning point for mobile payment in developed markets is more likely than ever 285 188 before.
    [Show full text]
  • Social Intrapreneurs Step up TACKLING the CHALLENGE
    TACKLING THE CHALLENGE of FINANCIAL INCLUSION Social Intrapreneurs Step Up THE ASPEN Launched in 2009, the Aspen Institute First Movers Fellowship Program INSTITUTE is the leading global network of corporate social intrapreneurs who FIRST MOVERS are collectively changing the way business is done and how success is measured. The Fellowship Program is an innovation lab and a vibrant FELLOWSHIP community of innovators who are creating new products, services, and PROGRAM management practices that deliver financial value to their company and positive social and environmental outcomes for the world. WEBSITE: “Corporate social intrapreneurs are important new drivers of corporate ASPENINSTITUTE.ORG/FIRSTMOVERS behavior. They see possibilities for generating enterprise value and social impact that others miss. In doing so, they are raising the bar for business EMAIL: performance and redefining the measures of business success.” [email protected] Nancy McGaw Founder, First Movers Fellowship Program Director, Aspen Institute Business & Society Program We are grateful for the support of MetLife Foundation in making this publication possible. © The Aspen Institute Business & Society Program, Fall 2016 This report demonstrates how businessmen and women – First Mover INTRODUCTION Fellows at the Aspen Institute Business & Society Program – are creating pathways in their own companies to bring more people into the financial & OVERVIEW system and thus create greater well-being for all. There are hundreds – maybe But a huge challenge remains. For approaches that one can take to help thousands – of NGOs, government starters, despite all of our progress, two solve the critical social problem of financial agencies and private companies billion people do not have bank accounts.
    [Show full text]
  • The Future of Payments 2 Omfif.Org
    $ £ ¥ ¥ $ € € ¥ $ £ The future of payments 2 omfif.org About OMFIF With a presence in London, Singapore, Washington and New York, OMFIF is an independent With thanks to our memebers forum for central banking, economic policy and public investment — a neutral platform for best practice in worldwide public-private sector exchanges. For more information visit omfif.org or email [email protected] Report authors Bhavin Patel, Senior Economist & Head of Fintech Research, Kat Usita, Deputy Head of Research, Brandon Chye, Economist, Levine Thio, Research Assistant, Natalia Ospina, Research Assistant Production Simon Hadley, Director, Production, William Coningsby-Brown, Assistant Production Editor Fergus McKeown, Julie Levy-Abegnoli, Subeditors The future of payments, 2020 3 CONTENTS Forewords 4 SECTION 4: 38 The state of play Preface 6 Payments systems are invisible – yet indispensable – infrastructures at Executive summary 8 the heart of an efficient, reliable and competitive economy. Innovations have driven the growth of the payments SECTION 1: 10 industry, offering retail users a range of Key trends in payments options to pay, save and transfer value. Advances in technology and changes in consumer behaviour have driven exciting SECTION 5: 50 advances in digital payments systems worldwide. But it has taken a global health Sovereignty crisis to give that transformation further The design of new central bank digital impetus and ensure it has a lasting impact. currencies will determine the extent of the impact they have on payments and, SECTION 2: 18 thereby, on financial inclusion. Consumer focus SECTION 6: 56 Younger consumers thrive in the digital environment. Their behaviour and Policy preferences will shape the future of Central banks and supervisors understand payments.
    [Show full text]
  • Rapid Response for Social Payments During COVID-19 Introduction 3
    DECEMBER 2020 AUTHOR Loretta Michaels Rapid Response for Social Payments During COVID-19 Introduction 3 1. Rapid Identification of Eligible Recipients 4 2. Simplified Due Diligence for Rapid Account Opening 7 3. Use of Alternative Channels — Fintech, Postal Networks, and NBFIs — for Delivering Payments 13 The Path Forward 18 Notes 21 Acknowledgments The aim of this policy note is to examine steps CFI conducted this work as part of our taken by policymakers to rapidly distribute partnerships with the Mastercard Center for social payments to millions of people whose Inclusive Growth and Deutsche Gesellschaft livelihoods were impacted by COVID-19. This für Internationale Zusammenarbeit (GIZ) is the second in a series of policy notes that GmbH. The author would like to thank the will analyze data collected on policy responses following for their valuable input on and by international bodies and engage in direct suggestions for this brief: Ivo Jenik and consultation with in-country stakeholders to Mehmet Kerse of CGAP, and Denise Dias, assess the impact of policies, both in the short- an independent financial regulatory and term and long-term, on low-income customers supervisory consultant. and the financial providers that serve them. Introduction As countries around the world grapple with the While the wholesale digitization of government devastating economic impact of the COVID- payments, government IDs, and government 19 pandemic, governments have turned to registries (social protection, salaries, pensions, supplemental cash transfers as a key policy tax, etc.) is a large undertaking over many instrument to offset the loss of income. These years, and is beyond the scope of this brief, the measures include a range of approaches, from COVID-19 crisis has forced policymakers to wage subsidies to extended unemployment find innovative ways to deliver rapid support support and a variety of social welfare payments.
    [Show full text]
  • Pubg Uc Easypaisa
    Pubg Uc Easypaisa Pubg Uc Easypaisa CLICK HERE TO ACCESS PUBG GENERATOR ["Get free PUBG UC. Enter your PUBG username.","PUBG UC Generator - No human verification. As you know there are a lot of UC & BP generator\u2026 Unfortunately, they use a lot of human verification and this cause Our Pubg Generator use some hack to help use generate UC for free and without human verification. Note: Just for the first 100\/day.","PUBG Mobile Online Generator can be used to get unlimited FPUBG Mobile UC on your game account. PUBG Mobile hack tool, developed for fair use to Once the offer has been completed, you will automatically proceed. You pay nothing and generating your PUBG Mobile UC will be completed.","Here is finally PUBG Mobile Hack Generator! Restart PUBG Mobile and check the new UC and BP amounts. Important: After the activation step has been successfully completed you can use the generator how many times you want for your account without asking again for activation !","Pubg UC Generator: The most popular gaming of player unknown's battlegrounds that everybody So how does Get Free PUBG Mobile UC Hack generator trick work to get unlimited PUBG UC? You have to pick Pubg UC Generator. The online generator is to generate the resources online.","PUBG Cheat Hack is an online web generator that will help you to generate Unknown Cash on your platforms Windows, iOS and Android! After that check your PUBG Game for the UC. Please give us 10 minutes to add resources to your account. Verify Now!","Pubg Mobile Money Generator.
    [Show full text]
  • Bkash's Value Chain
    Public Disclosure Authorized Public Disclosure Authorized Public Disclosure Authorized Public Disclosure Authorized Built forChange: IN PARTNERSHIP WITH PARTNERSHIP IN INCLUSIVE BUSINESS SOLUTIONS SOLUTIONS BUSINESS INCLUSIVE F OR THE BASE OF THE PYRAMID THE OF BASE THE OR ABOUT IFC IFC, a member of the World Bank Group, is the largest global development institution focused exclusively on leveraging the power of the private sector to create jobs and tackle the world’s most pressing development challenges. Working with private enterprises in more than 100 countries, IFC uses its capital, expertise, and influence to help eliminate extreme poverty and promote shared prosperity. WRITTEN BY The writing team included Piya Baptista, Kathleen Mignano, Madeleine Holland, and Anne Elizabeth Johnson, with guidance from Eriko Ishikawa and Toshiya Masuoka. Groff Creative provided the design and Matthew Benjamin provided copywriting support. ACKNOWLEDGEMENTS The authors extend their deepest appreciation to the five inclusive businesses profiled in this report: bKash, Bridge International Academies, MicroEnsure, Nephroplus, and Probiotech. The authors would also like to extend their thanks to the following IFC colleagues who provided valuable input: Nandini Bhatnagar, Martin Reto Buehler, Alejandro Caballero, Silven Chikengezha, Charles William Dalton, Akira Dhakwa, Nazila Fathi, Carlos Numen Ferro, Alexis Geaneotes, Rena Hinoshita, Sumeet Kaur, Pravan Malhotra, Biju Mohandas, Anupa Pant, Shino Saruta, Karthik Tiruvarur, Harsh Vivek, and Shinya Yoshino.
    [Show full text]
  • Microsave's Response to TRAI'sconsultation Paper on The
    MicroSave’s response to the TRAI consultation paper on The review of regulatory framework for the use of USSD for mobile financial services 31 August 2016 Anil Kumar Gupta – Associate Director Sunil Bhat – Senior Manager Prabir Borooah – Manager 1 MicroSave’s response to the TRAI Consultation Paper on the Review of regulatory framework for the use of USSD for mobile financial services Q1: In your opinion, what should be the maximum number of stages per USSD session for mobile banking service: (i) Five (ii) Eight (iii) Unlimited (iv) Any other (please specify) (Please provide justification in support of your response) It is our opinion that option (iii) Unlimited should be introduced. We feel there should not be a cap on the number of stages per USSD session for mobile banking services. For any transaction over the USSD channel, the customer has to provide several details, such as name, name of the bank, bank a/c number, IFSC code, amount to be transferred, and security PIN. The flow can also change with changes in underlying banking requirement in order to bring simplicity, besides safety and security of transactions. In order to present this in a form with an easy–to-use interface, a cap will impede any efforts at simplification of content and navigation. It must be noted that the universe of digital payment services is evolving. New services and transactions may be added to the current service bouquet, for which mobile financial service providers may collaborate with new age FinTech companies. Placing any form of restriction in such an early phase of development will only serve to stifle innovation in the financial inclusion space.
    [Show full text]
  • Mobile Payment in China: Practice and Its Effects*
    Mobile Payment in China: Practice and Its Effects* Yiping Huang National School of Development / Institute of Digital Finance Peking University [email protected] Xue Wang National School of Development / Institute of Digital Finance Downloaded from http://direct.mit.edu/asep/article-pdf/19/3/1/1847008/asep_a_00779.pdf by guest on 24 September 2021 Peking University [email protected] Xun Wang National School of Development / Institute of Digital Finance Peking University [email protected] Abstract This paper offers a comprehensive review and careful assessment of China’s mobile payment busi- ness. With broad access, low costs, and reliable transactions, mobile payments are creating a revolu- tion of financial inclusion, changing people’s daily lives and commercial business models. This study also confirms that mobile payment improves risk sharing among individuals and increases entrepreneurial opportunities. These mobile payment successes can be traced to three key factors: supply shortages of alternative payment services, a friendly regulatory environment, and recent technological develop- ments. A number of outstanding issues remain, however,including data ownership, data inequality,and regulatory shortcomings. 1. Introduction Mobile payment services, dominated by two leading players, Alibaba’s (now owned by Ant Financial Services) Alipay and Tencent’s WeChat Pay, have become a fixture in China’s daily lives and businesses. Both players have built eco-systems around their mo- bile payment tools. People use Alipay or WeChat Pay to purchase goods, order coffee and * Xun Wang is the corresponding author. The authors are grateful for the financial support by Na- tional Social Science Foundation of China (project no.
    [Show full text]
  • Frictionless Financial Technologies Brief-0002.Pdf
    Who We Are: FFT is a Boston-based, frictionless global payments enablement and software company. We provide financial products that improve people’s lives by delivering their most important and complex payments in an efficient manner. This is accomplished via a next-gen payments platform, combined with our proprietary software and global payments network partners. Fintech Enablement Services: Customized for ipsipay.com Together with our integrated partners we have developed a suite of fintech enablement services allowing our customers to launch the following fintech services under their own brand: • Mobile wallet services like PayPal, Chime, and Simple • Debit card services like GreenDot • Cross border payment services like Western Union • Banking type services like Chase or other digital enabled banks. • Merchant processing service like Square but using proprietary pending payments technology which eliminates merchant processing costs and fraud. • Micro loan / equipment financing • Global payroll processing Developed first for the U.S. Department of Defense as a way to securely move money in conflict zones, this fintech platform meets the highest levels of security and has been implemented and used by top enterprise companies around the world. Since its debut over 22 years ago, this system has activated well over 2M customers and currently processes over 2 million transactions per day. The system supports over 100 fiat currencies and 15 languages. The system can originate debit cards in US, Mexico, Canada, and all of Europe including England. The software and related infrastructure allow Frictionless Financial Technologies’ clients to launch all of our fintech enablement services in 6-12 weeks. Clients can implement our turnkey UIs or integrate with over 300 JSON / SOAP APIs and create their own system.
    [Show full text]
  • Mobile Banking for the Unbanked
    March 2015 Issue 333 www.electronicpaymentsinternational.com MOBILE BANKING FOR THE UNBANKED •REPORT: THE GATES FOUNDATION •ANALYSIS: SOUTH AMERICAN M-PAYMENTS •REVIEW: THE GSMA •COUNTRY REPORTS: BAHRAIN, BULGARIA & LUXEMBOURG EPI 333.indd 1 26/03/2015 11:30:57 Delivering innovative mobile & online financial services solutions to organisations that need to provide secure access To find out more about us please visit: www.intelligentenvironments.com We are an international provider of innovative mobile and online solutions for financial service organisations. Our mission is to enable our clients always to stay close to their customers. We do this through Interact®, our single software platform, which enables secure financial applications, engagement, transaction and servicing across all digital channels. Today these are predominantly focused on mobile, PCs & tablets. However Interact® can and will support other form factors, as and when they proliferate (as seen by our work to develop digital banking for the Smartwatch). We provide a ready alternative to internally developed solutions, enabling our clients with a faster route to market, expertise in managing the complexity of multiple devices and operating systems, and a constantly evolving solution. IE-Advert-Dec-2014.indd 1 16/12/2014 12:25:21 Electronic Payments International COMMENT: EDITOR’S LETTER CONTENTS 6 REPORT: THE GATES Can mobile be FOUNDATION The financial inclusion mobile banking could bring was one monitised? of the key takeaways from the Gates Foundation’s most recent letter, but why so? Patrick Brusnahan reports t is a topic I have been harping on to monetise app usage. 8 MARKETING: ONLINE ABANDONMENT about for a little time now: the scope It will be interesting to see if any banks in Emma Allen, head of merchant in the not too distant future for the UK, once mobile cheque deposit takes solutions at SIX Payment banks to monetise mobile banking off, consider charging a nominal fee for the Services, discusses options I new(to the UK) service.
    [Show full text]