Re: [silk] The Invisible Bank: How Kenya Has Beaten the World in Mobile Money

2012-07-12 Thread ashok _
On Thu, Jul 5, 2012 at 11:08 AM, Eugen Leitl eu...@leitl.org wrote: On Thu, Jul 05, 2012 at 02:26:02PM +0530, Surabhi Tomar wrote: I just got back from Rwanda and Uganda, and systems like this (including m-Pesa itself) are ubiquitous. However there are some interesting risks associated with

Re: [silk] The Invisible Bank: How Kenya Has Beaten the World in Mobile Money

2012-07-12 Thread ashok _
On Wed, Jul 4, 2012 at 6:26 PM, Eugen Leitl eu...@leitl.org wrote: http://newswatch.nationalgeographic.com/2012/07/04/the-invisible-bank-how-kenya-has-beaten-the-world-in-mobile-money/ The Invisible Bank: How Kenya Has Beaten the World in Mobile Money Posted by Ken Banks of National

Re: [silk] The Invisible Bank: How Kenya Has Beaten the World in Mobile Money

2012-07-12 Thread Surabhi Tomar
One important factor was - the mobile provider who promoted m-pesa was partially owned by the government - and a significant chunk of the company was (and is ) owned by a clique of political power brokers An important factor for people to buy into this technology at a wide scale. Else they'd

Re: [silk] The Invisible Bank: How Kenya Has Beaten the World in Mobile Money

2012-07-05 Thread Surabhi Tomar
I just got back from Rwanda and Uganda, and systems like this (including m-Pesa itself) are ubiquitous. However there are some interesting risks associated with them, not so much in stealing individuals credentials, but stealing authentication for the kiosks. This could very well work in

Re: [silk] The Invisible Bank: How Kenya Has Beaten the World in Mobile Money

2012-07-05 Thread Sankarshan Mukhopadhyay
On Thu, Jul 5, 2012 at 2:26 PM, Surabhi Tomar surabhi.to...@gmail.com wrote: This could very well work in India where the migrant workers have trouble opening accounts in the urban areas and sending money to remote areas back home is their primary concern. Isn't this already being done albeit

Re: [silk] The Invisible Bank: How Kenya Has Beaten the World in Mobile Money

2012-07-05 Thread Eugen Leitl
On Thu, Jul 05, 2012 at 02:26:02PM +0530, Surabhi Tomar wrote: I just got back from Rwanda and Uganda, and systems like this (including m-Pesa itself) are ubiquitous. However there are some interesting risks associated with them, not so much in stealing individuals credentials, but

Re: [silk] The Invisible Bank: How Kenya Has Beaten the World in Mobile Money

2012-07-05 Thread Udhay Shankar N
On 05-Jul-12 2:38 PM, Eugen Leitl wrote: How widespread are mobile smartphones (Android, specifically) and cellular coverage in rural India? My guess is that Africa would lead here. Cellular coverage is quite ubiquitous [1] but I am not aware of any data that specifically talks about

Re: [silk] The Invisible Bank: How Kenya Has Beaten the World in Mobile Money

2012-07-05 Thread Suresh Ramasubramanian
Rural india prefers phones that double as music players - better still if they have a torch built into the phone The nokia N series was a huge hit - as are tons of no name chinese etc knockoffs of varioous smartphones --Original Message-- From: Udhay Shankar N Sender:

Re: [silk] The Invisible Bank: How Kenya Has Beaten the World in Mobile Money

2012-07-05 Thread Nikhil Mehra
And double sims so that they can have two numbers on the same phone which allows use by multiple individuals. Sent from BlackBerry® on Airtel -Original Message- From: Suresh Ramasubramanian sur...@hserus.net Sender: silklist-bounces+nikhil.mehra773=gmail@lists.hserus.net Date: Thu,

[silk] The Invisible Bank: How Kenya Has Beaten the World in Mobile Money

2012-07-04 Thread Eugen Leitl
http://newswatch.nationalgeographic.com/2012/07/04/the-invisible-bank-how-kenya-has-beaten-the-world-in-mobile-money/ The Invisible Bank: How Kenya Has Beaten the World in Mobile Money Posted by Ken Banks of National Geographic Emerging Explorer on July 4, 2012 Click a few keys, exchange a few

Re: [silk] The Invisible Bank: How Kenya Has Beaten the World in Mobile Money

2012-07-04 Thread Charles Haynes
I just got back from Rwanda and Uganda, and systems like this (including m-Pesa itself) are ubiquitous. However there are some interesting risks associated with them, not so much in stealing individuals credentials, but stealing authentication for the kiosks. -- Charles On Thu, Jul 5, 2012 at