Cut cost of digital payments to achieve cashless economy - expert
Uganda remains largely a cash economy with more than 80 per cent of transactions completed through cash
Source: monitor.co.ug
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Move to unlock women potential in Fintech gathers pace
Only about 10 per cent of the money is being exchanged digitally in Uganda
Source: monitor.co.ug
Young innovators urged to focus on research, understanding customer needs
The first Women in Fintech initiative was held in 2020, offering insights on the readiness of women to play a starring role in digital financial services as well as fill the product gap the...
Source: monitor.co.ug
Women less likely to use mobile apps to conduct financial transactions, Caribou Digital study
Women less likely to use mobile apps to conduct financial transactions, Caribou Digital study
Source: africabusinesscommunities.com
KYC requirements in Nigeria, Bangladesh tough
Over 45% of women in LIC without a national ID Although, the country is not alone in this category, the requirements for Know Your Customer (KYC) in Nigeria employed by organisations and government institutions are said to be tough. x According to a report titled: “Payment system design and the financial inclusion gender gap,” prepared by Caribou Digital in collaboration with DFS Lab, Caribou Data, and funded by the Bill and Melinda Gates Foundation, it noted that the gender gap in financial inclusion is stubborn. The report said between 2011 and 201...
Source: guardian.ng