Despite the growth in smartphone adoption and mobile payment systems in many countries, telecom operators and regulators were yet to invest in products and distribution models that would cater for largely underserved or unbanked consumers. The report from Swedish insurance technology company BIMA surveyed 4,000 low-income respondents in 10 countries across Africa, Asia, and Latin America. BIMA notes that the lack of synergy between regulators and operators in emerging markets has also undermined the development of mobile solutions for complex services such as healthcare, insurance, and savings.
For more on this story visit the following link: Mobile innovation will help 2 billion more people get access to healthcare and education
Source: Quartz Africa