For the Arab World, 2011 was historic. The year brought much hope and a sense of opportunity as Arabs from the Atlantic Ocean to the Arabian Gulf saw the possibility of a future without dictatorship, corruption and hypocrisy – the reasons underlying the poverty, unemployment, and political grievances which sparked the Arab Spring.
Smart Hub Inc., has developed an epayment innovation in the person to government (P2G) space, called BayadLoad (bayad meaning payment in Tagalog), which attempts to empower more users in the Philippines to use digital channels.
The behavior and practices of "oral communities" - where most people are illiterate - may help to explain both the scale of account dormancy in mobile money and the prevalence of over-the-counter (OTC) mobile money services.
In January 2005, the Ministry of Planning and International Cooperation (MoPIC) in Jordan formed a Microfinance Committee to prepare, with technical support from CGAP and through a consultative and participatory process, the first national strategy for microfinance in the Arab world.
People are unpredictable and don't always act in rational ways. Randomized experiments can help businesses and organizations learn more about their own work, improve upon their offerings, and better understand consumer behaviors.