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Race is on between banks and mobile operators for your money


Race is on between banks and mobile operators for your money
Low levels of formal banking services in emerging economies, together with high smartphone penetration, provide near perfect conditions for growth of mobile payments
BL PREMIUM
17 February 2021 - 20:35 Mudiwa Gavaza
A new partnership between MTN and MasterCard has given mobile payments in Africa yet another boost. Over the past decade, emerging market economies in Asia and Africa have been at the forefront of mobile payments innovation, with the likes of China’s WeChat or Kenya’s M-Pesa seen as leaders in their fields. 
Low levels of formal banking services in these economies, together with high smartphone penetration, has provided the perfect recipe for the growth of mobile payments. That said, mobile wallets and other related services have had limitations on the extent or type of payments that can be made. Internet transactions, where the majority of e-commerce is done, has been ....

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How Will Fresh U.K.-China Political Tensions Impact Entertainment?


How Will Fresh U.K.-China Political Tensions Impact Entertainment?
Tim Dams, provided by
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Access for U.K. producers and distributors to the lucrative Chinese TV and film market could be under further threat amid worsening political relations between China and the U.K.
Tensions between the two countries have centred on their media brands in recent weeks. The relationship, which has been fraught for some time, reached a breaking point when China’s international English-language news channel CGTN was stripped of its U.K. broadcast licence after media regulator Ofcom concluded it was ultimately controlled by the Chinese Communist Party. Days later, in a tit for tat move, China’s State Film, TV and Radio Administration retaliated by banning BBC World News from the country. ....

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