Meffys 2015 Finalist Profiles: Innovation in Business Model

After record entries from over 30 countries and scrutiny by an independent panel of judges consisting of over 40 journalists, analysts, accelerators and VCs from around the globe, the 2015 Meffys finalists have been revealed. The ultimate winners will be announced on October 19th 2015 in at a Gala Dinner taking place in London,  hosted by the legendary musician, beat-boxer and musical mastermind, Beardyman. In the run up to the event we will be profiling the finalists in the different categories.  –  Today its the turn of the Innovation Award for best business model, recognising … [Read more...]

10 trends that will impact mobile money in 2015

Mobile Money is taking off.  Buoyed by the launch of NFC payments from the likes of Apple and Google in developed markets and the lowering cost of smartphones in growth markets, it offers convenience, financial inclusion and incredible reach. Yet the technology is typically fragmented and necessarily has varying levels of government regulation to protect consumers. Here, Adel Shahin, Research Manager MEF member and mobile money provider, Novatti discusses the 10 key trends that are shaping mobile money. Mobile money generally refers to financial services provided by Mobile Network … [Read more...]

Mobile payment drivers: why we need to incentivise users

Mobile payments are growing globally.  With Apple Pay, Samsung Pay and Android Pay all maneuvering to capture market share, much of the future growth is touted to come from NFC payments - in-store (in developed markets at least).  For the consumer however the process of unlocking a phone, signing in, sending payment, receiving an e-receipt etc, is perhaps - when compared to tap and pay card payments- still a process that has *friction*. Here John Doornbusch, Solution Architect at global mobile payments provider and MEF member Novatti discusses what the mobile money levers are and how to … [Read more...]

10 things you need to know about mobile vouchers and digitizing cash

Identified as one of MEF’s “10 Key Mobile Trends for 2015”, the creation of methods to convert “cash” to “digital money” is key to enabling mobile & Internet commerce. How does an aspirational consumer in an emerging market take their real cash and buy goods with their mobile? Here, Peter Cook, CEO of MEF Member Novatti, shares the 10 things you need to know. 1) It’s happening now Looking at some current use cases: Mobile recharge - whether the consumer buys a “PIN”, otherwise known as a “Voucher”, or they pay an agent to do an e-topup, the consumer is paying with cash and receiving a … [Read more...]

5 minutes with…Novatti

In our 5 minutes with profiles, MEF members talk about their business, their aspirations for the future and the wider mobile industry. This week, Peter Cook, founder and the CEO of Novatti introduces the mobile payments specialists. What does Novatti do? Novatti creates and delivers innovative payment solutions to a global base of Tier 1 and smaller service providers and start-ups.  With our multi-services payments platform, Novatti enables telecoms, banking and alternative network service providers to extend their product portfolio – taking robust, integrated new payments services to market … [Read more...]