CubeIQ | Remote Cash Control in retailer cash logisticsAndreas Papadedes
Remote Cash Control is a rapidly growing service which allows merchants to deposit cash safely and securely without going to the bank but still have access to the very important and necessary data of their deposits
In 2013, Visa launched the Visa Innovation Grants program in partnership with NetHope, awarding five grants of $100,000 to leading non-profit humanitarian and development organizations in support of the innovative use and adoption of electronic transfers and/or payments within programs and organizations. This presentation offers a snapshot of the winners -- Agribusiness Systems International, Freedom from Hunger, International Federation of Red Cross and Red Crescent Societies, Mercy Corps and Pathfinder International -- with projects relating to agricultural finance, emergency relief and health all around the world.
CubeIQ | Remote Cash Control in retailer cash logisticsAndreas Papadedes
Remote Cash Control is a rapidly growing service which allows merchants to deposit cash safely and securely without going to the bank but still have access to the very important and necessary data of their deposits
In 2013, Visa launched the Visa Innovation Grants program in partnership with NetHope, awarding five grants of $100,000 to leading non-profit humanitarian and development organizations in support of the innovative use and adoption of electronic transfers and/or payments within programs and organizations. This presentation offers a snapshot of the winners -- Agribusiness Systems International, Freedom from Hunger, International Federation of Red Cross and Red Crescent Societies, Mercy Corps and Pathfinder International -- with projects relating to agricultural finance, emergency relief and health all around the world.
Concern Worldwide's Gabrielle Smith presents on research findings surrounding new technology that can help enhance humanitarian cash and voucher programming.
The Bank of Ghana has disclosed that the eCedi, the Central Bank Digital Currency which it intends to issue will be free of transaction charges to consumers just as in the usage of cash.
Held in Bali, Indonesia, the “Mobile Banking and Payments for Emerging Asia Summit 2012” gathered many thought leaders from the telecommunications and banking industries; unveiling the potential of mobile channels penetrating Asia’s emerging markets. Spire Research and Consulting was honored to be invited as a post-conference workshop leader at this prestigious event.
Representing Spire Research and Consulting, Jeffery Bahar, Deputy Chief Executive Officer and Yap Far Loon, Business Development Director, Telecommunication, led a post-conference workshop in the “Mobile Banking and Payments for Emerging Asia Summit 2012” held in Bali, Indonesia. The event brought together many eminent industry experts and marketers from the telecommunications and banking industries – highlighting the potential of mobile banking and payments in emerging economies.
Read more about the event coverage here:
http://www.spireresearch.com/newsroom/events/spire-joins-mobile-banking-and-payments-for-emerging-asia-summit-2012-as-workshop-leader/
Demonetisation: Push Towards a Digital EconomyShreyas Kamath
Is demonetisation an independent event or a part of a larger trend? The paper hypothesises that demonetisation is a part of the transition towards a digital economy. This paper seeks to identify the required infrastructure for sustaining the impacts of demonetisation on financial technology and consumer behavior to ascertain if the impact will be temporary in nature.
Mobile Money Adoption In a Fragile Economy: The Case of a Seven Year Failed E...inventionjournals
A seven year flounder and failed experience of mobile money ignition in Nigeria is worrisome. Ipso-facto, this paper explores the factors that influence mobile money adoption in the Nigerian fragile economy. A survey data generated from 344 experience mobile phone users formed final data base used in this study. Exploratory factor analysis anchored on principle component method and correlation analysis were employed in the methodology. Results reveal that trailability, compatibility, perceived trust, perceived ease of use, perceived usefulness, level of awearness, and relative advantage strongly drives the adoption of mobile money in Nigeria as they exhibit significant positive relationship. No significant relationship was found between perceived financial cost and mobile money adoption in Nigeria. To attract greater adoption and growth of mobile money in achieving cashless economy in Nigeria, these factors should be integrated in the Nigerian mobile money/payment regulatory framework and be made more flexible from its apparent stiff regulation and control
Selected Macroeconomic Factors versus Bond Market Development in Nigeriainventionjournals
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Mobile Payments: What global lessons can we bring back to the U.S.?Menekse Gencer
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India Stack pilot - commercialization of techno-creative innovationsProductNation/iSPIRT
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This report was commissioned by NetHope with a charitable contribution from Visa's Financial Inclusion Unit. Research for this study, both primary and secondary, was conducted by Deloitte Touche Tohmatsu India LLP.
A new study on development organizations’ use of Mobile Money Bulk Payment Products carried out by NetHope. The report, based on qualitative and quantitative research, highlights a desire to move away from cash; usage of mobile money bulk payments; preferences and recommendations for design features of the products; and the estimated volume and value of this market segment.
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6. Why
Electronic
Payments?
Transparency
Argen*na
decreased
government
payments
leakages
with
its
shiZ
to
electronic
payment
cards.
A
survey
revealed
that
government
employees
who
admit
to
taking
bribes
dropped
by
92%
Sources:
See
Sources
for
text
and
photo
credits
in
appendix
Source:
USAID
7. Why
Electronic
Payments?
Cost
Savings
A
democracy
and
governance
program
in
Kenya
began
using
M-‐Pesa
(a
mobile
money
product)
to
pay
the
per
diems
and
travel
expenses
of
program
par*cipants,
reducing
the
cost
per
training
by
an
average
of
90%.
8. Why
Electronic
Payments?
Security
AZer
the
2010
earthquake
in
Hai*
incidents
of
theZ
of
cash
transfers
fell
by
more
than
50%,
due
to
the
use
of
mobile
money
9. Why
Electronic
Payments?
Convenience
During
a
cash
transfer
program
in
Niger,
it
was
found
that
beneficiaries
receiving
funds
via
mobile
phones
were
traveling
3
km
less
to
receive
their
disbursements
than
those
receiving
them
in
cash
10. Why
Electronic
Payments?
Financial
Inclusion
Bolsa
Familia,
a
Brazilian
condi*onal
cash
transfer
program
that
uses
electronic
benefit
cards
to
disburse
funds
has
enabled
over
8
million
individuals
to
save
funds
in
bank
accounts
linked
to
the
cards
11. What
do
we
mean
by
Electronic
Payments?
Payment
Type
Yes
No
Card
Based
Payments
✔
Mobile
Financial
Services
✔
Cloud
Payments
✔
Bank
Transfers
(EFT/ACH)
✔
Physical
Cash
✔
Checks
✔
12. Juhudi
Kilimo
Example
Where?
Who?
Transi*on
from
Cash:
Juhudi
Kilimo
began
u*lizing
mobile
payments
to
disburse
and
collect
loans
form
clients
using
the
bulk
payments
and
bill
payments
services
of
M-‐Pesa
Source:
Michaels,
Lore7a.
“Kenya
Case
Studies
in
e-‐Payments”
United
States
Agency
for
InternaEonal
Development
and
Accenture
Development
Partnerships,
November
2011
13. Niger
Condi*onal
Cash
Transfer
Example
Where?
Who?
Transi*on
from
Cash:
An
emergency
response
program
to
droughts
in
Niger
lead
to
a
pilot
condi*onal
cash
transfer
program
that
distributed
some
funds
via
mobile
phones
Total Cost of Cash Transfer Distribution
Program by Month (Euros)
50000
40000
30000
20000
10000
0
May June July Aug Sept
M - transfer Manual cash
Source:
Aker,
Jenny,
Boumnijel,
Rachid,
Mclelland,
Amanda
and
Tierney,
Niall.
“Zap
it
to
me:
Short
Term
Impacts
of
a
Mobile
Cash
Transfer
Program”
Center
for
Global
Development
September
2011
15. Process
and
Timeline
RFP
released
to
the
public
on
November
26,
2012
Proposal
wri*ng
Proposal
reviews
November
December
January
February
2012
2012
2013
2013
Informa*onal
Proposal
deadline
No*fica*on
of
grant
webinar
session
held
on
January
9,
2013
awards
on
December
6,
2012
at
11:59
pm
PST
17. Appendix
• Transparency
Sta*s*c:
Banking
the
Poor
via
G2P
Payments,
report
by
CGAP
and
DFID.
• Cost
Savings
Sta*s*c:
Michaels,
Lore7a.
“Kenya
Case
Studies
in
e-‐Payments”
United
States
Agency
for
InternaEonal
Development
and
Accenture
Development
Partnerships,
November
2011
Photo:
Click
Here
Blog,
h7p://blog.clickhere.com/2009/put-‐it-‐on-‐my-‐mobile-‐tab/
• Security
Sta*s*c:
CGAP,
Mobile
Money
in
HaiE:
Strategies
for
a
MulE-‐CompeEtor,
MulE-‐Industry
Market.
Photo:
Mercy
Corps
• Convenience
Sta*s*c:
Aker,
Jenny,
Boumnijel,
Rachid,
Mclelland,
Amanda
and
Tierney,
Niall.
“Zap
it
to
me:
Short
Term
Impacts
of
a
Mobile
Cash
Transfer
Program”
Center
for
Global
Development
September
2011
Photo:
Concern
Worldwide
• Financial
Inclusion
Sta*s*c:
Global
Savings
and
Social
ProtecEon
IniEaEve,
New
America
FoundaEon
h7p://gssp.newamerica.net/bolsa-‐familia
Photo:
Vanderiel,
Almeida/AFP/Ge7y
Images
