The GSMA Development Fund has initiated the Mobile Money for the Unbanked (MMU) programme to accelerate the availability of mobile money services to the unbanked and those living on less than US$2 per day.

Bringing together mobile operators in developing countries, banks, microfinance institutions, governments, development organisations and the private sector, MMU has the goal of reaching 20 million previously unbanked people with mobile financial services by 2012.

7th MMU Working Group - Monday, 27 June 2011 (Invitation Only)

A series of MMU Working Groups have been created to stimulate discussion and knowledge sharing around mobile money issues. Each year, the MMU Working Group events bring together key mobile money leaders to share commercial experiences, workshop challenges identified by the industry and discuss potential solutions.

Overview of the Agenda:

Session 1:		Introduction and update on MMU Programme and Phase 2, by Seema Desai, Director, MMU
Session 2:		Customer activation, by Yasmina McCarty, Manager, MMU
Session 3:		BFA Philippines Research, by David Porteus, Director, Bankable frontier Associates
Session 4:		Agent Monitoring, by Paul Leishman, Manager Guest panallilsts: Jennifer Barassa, CEO, Top Image, and Betty Mwangi, Chief Innovation Officer, Safaricom
Session 5:		Update from the Gates Foundation and insights on their mobile money programme in Haiti, by Salah Goss, Associate Programme Officer, Bill and Melinda gates Foundation.

MMU Working Group Cocktail:

Nokia Money will kindly be sponsoring the MMU cocktail event for Working Group attendees on the evening of 27th June. This will be an invitation-only gathering, providing an opportunity to network and have discussions with organisations who are committed to using mobile money for socio-economic development.

Participation to the MMU Working Group is on invitation only.

If you are interested in participating, please contact mmu@gsm.org.

MMU Leadership Forum - Thursday, 30 June 2011 (Invitation Only)

Building on the success of last year’s Leadership Forum, this invitation-only, closed door event allows decision makers from financial regulatory authorities and mobile operators to come together, to stimulate greater understanding and collaboration between all mobile money stakeholders globally.

The theme of this discussion will be “Regulation and Mobile Money for the Unbanked”, exploring the current challenges associated with regulating mobile financial services. As the focus will be on policy development, we are pleased to have the support of the Alliance for Financial Inclusion for this year’s event. Discussions will focus on the following topics:

• Risks in non-bank e-money institutions: How can regulators and operators address these risks effectively?
• Anti-money laundering frameworks for cash merchant networks: what is the distinction between cash merchants and agents and what are the respective risk profiles each present?
• Consumer protection: what are the consumer protection issues in mobile money?

Both the MMU Working Group and Leadership Forum are closed door, invitation only events.

The MMU programme is funded by a grant from the Bill and Melinda Gates Foundation. For more information about Mobile Money for the Unbanked please visit: http://www.gsmworld.com/our-work/mobile_planet/mobile_money_for_the_unbanked/index.htm.