Publication: Mobile Money Summit 2010: Unleashing the Power of Convergence to Advance Mobile Money Ecosystems
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This report is written on the occasion of the third Mobile Money o Summit, held May 24-27, 2010 in Rio de Janeiro, Brazil. The discussions at this year's summit reflect the evolution in the mobile money industry since the first summit was held two years ago. As GSMA Mobile Money Director Gavin Krugel stated, "We have evolved from hype in 2008 to regulatory and other challenges in 2009 to a deeper level of conversation based on real experience in 2010." This experience is based on an increase in the number of mobile money deployments worldwide from 60 in 2008 to 120 in 2009 to 160 as of August 2010. Of these 160 deployments, 73 are live and 87 are expected to go live in 2010 (see Mobile Money Tracker on pages 32-33).