The central banks of Cambodia and Malaysia have launched the first phase of a cross-border payments system that initially enables Cambodian travellers to purchase good and services in Malaysia using QR codes.
South African telco MTN said on Tueday that its API marketplace Chenosis is partnering with TransUnion Africa to launch a solution that uses mobile phone call data records (CDRs) to assess credit scores for people seeking access to financial services.
Remittance deals continue to hog the fintech headlines in Africa. MTN MoMo, Mastercard and Equity Bank Kenya are the latest companies to make announcements about plans to serve the vast African remittance market.
Smart Communications, the mobile arm of Philippine telco PLDT, is reportedly making moves to relaunch its original mobile money app, Smart Money, in an apparent bid to directly take on rival telco Globe Telecom’s GCash.
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