The news on the shutdown of Liberty Reserve money transfer raises concerns for the potential knock on impact on legitimate users – of that service, and of new ones like it, that are springing up around the world. What then is the most effective way in which this kind of use of digital money can be segregated from the daily transformative use of Digital Money as a tool for financial inclusion?
In February 2012 I wrote a Mobile Money Brief on Mexico for the Clarion MMT Gateway.
One reason why M-Pesa succeeded so strongly in Kenya is there was a need for it. Mexico is one of the other such countries where mobile has the highest promise for promoting financial inclusion.
In November 2011 I wrote a Mobile Money Brief on the United States of America for the Clarion MMT Gateway. What we observed in 2011 was like the awakening of a sleeping giant.