An open source software, FrontlineSMS:Credit has the potential to open up financial services and micro-financing to millions of people in the developing world. The application leverages mobile payment systems and core banking software to bring financial services—such as savings, credit, insurance and payroll—to the entrepreneurial poor, eliminating geographic and time barriers and turning mobile payment systems into platforms for mobile banking.
Project Site: http://credit.frontlinesms.com
Meet the Winners
From Wired to Wireless
The story behind the Vodafone Wireless Innovation Project winners’ trophy