During the Mobile Money Summit, the GSMA announced that the first three applications to the Mobile Money for the Unbanked Fund have been approved to compete for the MMU Award. The first MMU Award category will be part of the Asia Mobile Awards to be presented in Hong Kong at the Mobile Asia Congress on…
Mobile Money Summit: Retail Applications and Mobility
After the launch we’ve heard Eric Duprat, who is General Manager of Mobile at PayPal, and who addressed some key questions such as: What are challenges that providers in developed markets have? What is holding back adoption? Where will the market be in 12-18 months? First he introduced PayPal, sharing some very interesting numbers: 148…
Mobile Money Summit: Levaraging Celcom Malaysia’s Mobile Money services for a groupwide rollout
Celcom Malaysia’s VP of Business Innovation division, Kevin Henry, talk about the operator’s recently launched Celcom AirCash service, which allows users to transfer money from one AirCash account to the other. Moreover, they [users] can top-up airtime with AirCash (for pre-paid users), as well as check their current account balance at any time. The service…
Mobile Money Summit panel: Current and Future Requirements for Mobile Money Regulation
At this session, we’ve heard representatives of regulators discussing their views of the current and future requirements of mobile money regulation. The general and corporate requirement perspective as well as the consumer demand perspective has been presented. Key points/questions of the panel: Brand and distribution are seen to be the key assets required to deliver…
Mobile Money Summit: I’m done for today
And that’s about all I got time for today. Tomorrow the event continues, and I hope to catch up with more interesting people and learn something new. My impression is that people are enthused about the mobile payment prospects and what it brings to the table. And we’re not talking the West world only, but…
Mobile Money Summit: The rest of the day
I needed to leave early to prepare all the posts for publishing. Here’s what I’ve missed: “The Business Case for Targeting Unbanked Markets – Mobile Payments in a Time of War” by Miyanda Mulambo, General Manager, Celpay. Miyanda talked about Democratic Republic of Congo’s unique challenges for financial service provisions and how these have been…
Mobile Money Summit: Interview with Obopay’s Carol L. Realini
If you’ve been reading IntoMobile carefully, you know about Obopay. They are a mobile payment service provider that got its funding from such companies as Citibank and Nokia Ventures. That fact by itself should be a reason enough to think they’re onto something. At the Mobile Money Summit, I had an opportunity to sit with…
Mobile Money Summit: Financially Connecting the Unbanked through Mobile
The second part has started. It’s the emerging markets where all the focus is, and as a keynote we’ve heard Bob Christen, Director of Financial Services for the Poor Global Development Program at Bill and Melinda Gates Foundation. Here are the key points from his speech: Bill and Melinda Gates Foundation focuses on 2 billion…
Mobile Money Summit in photos
To get a better image how it was at the Mobile Money Summit, here are few photos from the event. As you can see, many people are eating, and that’s because I took most of the shots at the launch break. Enjoy!
Mobile Money Summit panel: The Reality of Deploying the Latest Mobile Money Innovations
After Orange’s presentation, a panel titled “The Reality of Deploying the Latest Mobile Money Innovations” started. Participants included: Dag-Inge Flatraaker, Chairman M-Channel Expert Group, European Payment Council Mung-Ki Woo, Vice President, Payment and Contactless, Orange – France Telecom Group Hannes Van Rensburg, CEO, Fundamo Steve Granek, VP Business Development, Neustar They’ve discussed hot topics such…