Mobile Branchless Banking in Emerging Markets: Oberthur Technologies Partners with mBank.

In Africa, for instance, we observe the take off of mobile money with stronger adoption and usage; the examples like Mpesa and MTN Mobile money are very illustrative to see how the mobile money ecosystem can improve life conditions and generate important revenues.

This reality in the emerging markets progressively nurtures lots of initiatives like the new partnership captured this afternoon between Oberthur Technologies Partners and mBank. This parnership aims to facilitate the financial inclusion through mobile technology, to offer mobile branchless banking in emerging markets. This means go beyond peer-to-peer and bill payments allowed by most mobile money initiatives by

providing services such as loans, savings and insurance.

In this dynamic, henceforth the partnering companies bring an extended mobile branchless banking offer. The m:Wallet™, will now include a full range of micro-finance services such as loan, credit and insurance.

Connectikpeople recalls that, m:Wallet™, will also include core banking and back-office capabilities for operating the branchless bank, risk management tools and business consulting skills.