Killing Cash

Pros and Cons of Mobile Money for the World's Poor

A Look at Both Sides of the Coin

Conference Co-Chair: Kim Wilson, The Fletcher School
Kimberley.Wilson@tufts.edu

Conference Co-Chair: Nicholas Sullivan, The Fletcher School
nicholaspsullivan@gmail.com

Conference Contact: Miranda Fasulo, The Fletcher School
Miranda.Fasulo@tufts.edu

Free and open to the public
Registration required

As mobile money quickly replaces tangible cash, poor, unbanked populations enjoy more choice in how they save and how they pay for goods and services. Cell-phone transfer options, debit and reloadable cash cards, and other forms of e-cash now augment services of brick-and-mortar banks.

This conference debates the impact of a new kind of cash delivered in new kinds of ways on households and enterprises in frontier markets.

Topic Highlights

  • Is Cash the Enemy of the Poor?
    This Oxford-style debate explores the pros and cons of mobile money versus tangible cash. Debaters include representatives of the Bill & Melinda Gates Foundation, the Federal Reserve Bank, CGAP, Bankable Frontier Associates, Boston University and The Fletcher School.

  • Is E-cash the Ally of Criminals and Terrorists?
    Terrorist financing experts Katherine Sikora Nelson, Managing Director at The Bank of New York Mellon, and Ibrahim Warde, Adjunct Professor of International Business at The Fletcher School, discuss the challenges posed by mobile money.

  • Is Grandma Ready for This? Mexico Kills Cash-based Pensions and Welfare by 2012
    Fletcher and Bankable Frontier Associates explore the extraordinary decision of the Mexican government to abandon cash welfare payments in favor of mobile money.

  • What is the Future of Mobile Money? 2020 Scenarios
    Ignacio Mas, Senior Advisor in the Financial Services for the Poor program at the Bill & Melinda Gates Foundation, and David Porteous, Founder and Director of Bankable Frontier Associates, illustrate the impact mobile money could have by the year 2020.

  • Where do YOU Stand?
    Audience members engage in a spirited round of flash debates on the day’s most contentious points.

  • Plus, a Few New Killer Apps.