Posts Tagged ‘mobile platform’

2017 is the Year Mobile Service Operators Became Banks

South African business headlines read MTN takes on Vodacom for title of Africa’s biggest digital bank and usher in a whole new era for banking and finance on the mobile platform. Having watched this space impatiently for more than a decade, seeing this was a landmark worth noting.

The number of mobile-money customers in the region (Africa) is growing rapidly, having surpassed the number of traditional bank accounts in 2015 to reach 277 million by the end of last year, according to GSMA. ~ Moneyweb, 3rd November 2017

Here’s a curated selection of my journey watching the phone become a bank:

Photograph of Nairobi billboard taken January 2016 by Niti Bhan

Blowin’ in the Wind – perspective, May 2007

A User Centered Approach to Banking the Unbanked in Rural India (PDF, entire process) – January 2007

Pondering the Mobile Innovation Divide – perspective, December 2007

African Potential meets Indian Experience – perspective, May 2008

The Telco and the Bottom of the Pyramid – perspective, January 2009

Systems Thinking Applied To Why M-Pesa’s Economic Impact and Wealth Creation Lessons Affects the Entire Ecosystem – Afrinnovator, March 2012

What is The Prepaid Economy anyway? – 14.7.14, in response to Michael Kimani

Banking Opportunities in Africa – The Banker’s Association of South Africa, 2014

A bank meets a telco – how mobile banking is changing the landscape of financial services in Africa – The Prepaid Economy: African Edition, January 2016

Reach Beyond: the CHI 25th Anniversary Conference in San Jose, May 2007

Today I realize that I had been struck dumb by the myriads of visions dancing in front of my eyes when I went up on stage to share the Closing Plenary at the CHI2007 conference back in San Jose, CA in the first week of May 2007.

May 3rd, 2007 in San Jose CA Photo Credit: anikarenina Flickr

Have 6 years passed so suddenly?

This seems like a timely moment to look back at where we are now on our journey towards an internetworked worldwide web of humanity, enabled by technology, encouraging trustful and cooperative commerce, connectivity and communication. 

/I feel like a broken record sometimes ;p

Analysis of mobile platform business models for lower income customers by Monitor Group

The Monitor Group has released a report analyzing business models across Sub Saharan Africa meant for the BoP (Base or Bottom of the Pyramid, that is the survival markets living on $2 or less a day shown above).   For comparison,  the percentage of population who fall under the category of emerging middle class market (defined as people able to spend $2 to $20 a day) is as follows for the East African region: Read On…