Analysis of News relating to the Digital Money Ecosystem

Vietnamese fintechs and the $35 billion dream - VietNamNet Bridge

30/04/2017 Link to source

Vietnamese fintechs and the $35 billion dream According to PwC, online payment and mobile money transfer services are becoming the gateway to approach a fraction of the population which have not yet transacted with banks. It forecasts that mobile technology will help many new customers access ...

Context

	Online Payment Online payment refers to the ability to use a mobile device to conduct a range of payment services over the internet.
	Digital Technology The Digital Technology domain has been described by Shift Thought™ as a way to understand the technologies that form the basis of the products and services within the Digital Money domain.
	Mobile money The Mobile Money service category described by Shift Thought™ refers to financial services that provide a stored value account where the customer relationship is not with a bank.
	Money Transfer This category refers to Money Transfer Services. This includes domestic, regional and international money transfer across all channels.
	Mobile wallet Mobile Wallet service category refers to the use of an account and stored value or e-money associated with a mobile subscriber.
	Online Payment This category describes payment services that allow for purchases or personal payments over the internet.
	Transfer (formerly Banamex Transfer) Leading mobile operator America Movil and US bank Citigroup have announced a joint venture to offer mobile banking throughout Latin America, in what would be a major boost to the take-up of such services in the region. The joint venture called Transf
	Visa Mobile Money - Kenya Visa Inc. launched their new plug-and-play mobile money platform to offer bank-grade financial services with simplified transactions in February 2016, claimed to be more cost-efficient for financial institutions and mobile operators.
	Visa Mobile Money Visa Inc. launched their new plug-and-play mobile money platform to offer bank-grade financial services with simplified transactions in February 2016, claimed to be more cost-efficient for financial institutions and mobile operators.
	Domestic Money Transfer (DMT) The Domestic Money Transfer (DMT) topic discusses issues relating to the transfer of money within a country.
	International Money Transfer The International Money Transfer (IMT) topic discusses issues relating to the transfer of money across countries.
	Mobile Money Transfer This topic covers a wide range of innovative services where a mobile device is used as a channel to provide services to market segments that include previously banked users, but also those thay may be unbanked or underbanked.
	Mobile Money Mobile money uses ownership of the mobile to extend financial access
	Money Transfer Money transfer refers to the movement of money from one person or institution to another.
	Online Payment The Online Payment topic discusses issues relating to the provision of payment services over the internet.
	Technology Technology has a key role to play in enabling innovations in digital money services.
	Aircel ICICI Mobile Money Aircel partnered with ICICI to launch Mobile Money, a prepaid account for Aircel subscribers through which they can transfer funds, pay bills and enjoy other services from their mobile phones.
	Visa Mobile Money Visa Inc. launched their new plug-and-play mobile money platform to offer bank-grade financial services with simplified transactions in February 2016, claimed to be more cost-efficient for financial institutions and mobile operators.

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