The Mobile Minute: Mobile Banking Bonanza, Worldwide ICT Growth, Native Apps on Smartphones

Posted by AnneryanHeatwole on Oct 05, 2010

Today's Mobile Minute is focused on mobile money. We've got news about Bharti's financial services in India, Rwanda's new mobile banking guidelines, Digicel's plan for mobile financial services in Haiti, ICT growth from 1998 to 2009, and the popularity of native apps on smartphones. 

  • Digicel, a Caribbean telecom, announced they will launch a mobile banking pilot project in Haiti, starting this October. The pilot will allow users to transfer funds and give and receive cash via mobiles.
  • ICT4Dblog charted how ICTs have grown around the world, ranking mobile, Internet, and broadband growth over an 11-year period. The site then looked at how these numbers show the digital gap between rich and poor countries, and then reported on: "digital lag: the time gap between a given average ICT penetration level in the poorest countries, and the year that was achieved in the richest countries. Current digital lag is just under 10 years for mobile, and something like 14-15 years for Internet. For broadband, it’s just over 10 years but the figures are so low that this may not be meaningful."
[Mobile Minute Disclaimer: The Mobile Minute is a quick round-up of interesting stories that have come across our RSS and Twitter feeds to keep you informed of the rapid pace of innovation. Read them and enjoy them, but know that we have not deeply investigated these news items. For more in-depth information about the ever-growing field of mobile tech for social change, check out our blog posts, white papers and research, how-tos, and case studies.]

Image courtesy Flickr user QiFei

 

Post new comment

The content of this field is kept private and will not be shown publicly.
  • Allowed HTML tags: <a> <em> <strong> <cite> <code> <ul> <ol> <li> <dl> <dt> <dd><p><br> <b><i><blockquote>
  • Lines and paragraphs break automatically.

More information about formatting options