06-Feb-12
Comment: How 2012 will change the way we pay

This time last year, there were two new e-commerce channels everyone was talking about – social and mobile commerce, and 12 months on mobile commerce has really taken off. ...

06-Feb-12
Learning from Kenya: Mobile money transfer and co-working spaces

Since Africa is trying to solve problems that we in the Western world do not have, it’s tempting to say that innovation there isn’t really relevant to us. But upon visiting Africa, one realizes that to ignore its recent innovations is a big mistake....

02-Feb-12
Airtel plans cash transfers across EA

Bharti Airtel has unveiled a mobile money platform in Uganda, which now completes the technical process of linking its Tanzanian and Kenyan outfits and set the stage for cross-border money transfer. ...

02-Feb-12
Turkcell Launches World's First SIM-Based, Mobile, Contactless Road Toll Payment with its Smartphone: T11

Turkcell TKC +0.58% (ise:TCELL), the leading communications and technology company today launched the world's first SIM-based, Near Field Technology ("NFC") road toll payment application on its own branded smartphone T11, in collaboration with Bank Asya....

31-Jan-12
IBM acquires Worklight, eyes mobile device management

Worklight makes mobile development, middleware and management tools. Separately, IBM rolled out endpoint management software....

31-Jan-12
OBOPAY DEBUTS MOBILE-PAYMENT SERVICE IN UGANDA

Obopay has teamed with Warid Telecom to launch a mobile banking and payment service in Uganda. It will be called Warid Pesa...

31-Jan-12
Luup wins Leaders in Innovation Award

Financial-i and independent experts credit Luup for its game changing mobile payment solutions...

30-Jan-12
IMF Faults Regional Banks on Financial Inclusions

Limited access to financial services is a key constraint on growth across the East African Community, according to the International Monetary Funds (IMF)....

13-Jan-12
Finextra and Mobey Forum to stage European mobile banking and payments conference

Finextra is partnering with the bank-backed Mobey Forum to launch MobeyDay, a new one-day conference for the European mobile banking and payments industry....

13-Jan-12
IT-business divide harming mobile banking security

Application delivery firm Akamai has called on financial institutions to review their business and IT alignment to ensure they don't fall victim to cyber attack, arguing that new digital channels are increasingly being launched by banks without a sufficient IT strategy behind them....

10-Jan-12
Mobile & web commerce in 2012, unlocking the value of connectivity

In 2012 we’re going to see the full e-commerce & mobile commerce services roll-out in Zimbabwe. This includes the means to pay for goods and services via mobile and the web....

10-Jan-12
Absa trials payments via mobile phone

Banking group Absa conducted South Africa's first live user trial of Near Field Communication (NFC) technology on mobile phones in December, with 500 of the bank's staff members using the technology in a commercial environment. ...

10-Jan-12
Visa approves new smartphones for NFC payments

Visa Europe has certified NFC-enabled smartphones from Samsung, LG Electronics and RIM for use as payment devices using the Visa payWave app at the point of sale....

09-Jan-12
Challenges for lenders with mobile banking

A new report has implications for SA banks showing rapid adoption of mobile technology is changing relationships and presenting new challenges....

09-Jan-12
How MOBIbucks is Bringing Mobile Payment to the Middle East

Mobile payment company MOBIbucks announced a partnership with Middle East Payment Services (MEPS), a consortium of seven banks throughout the Middle East, to bring mobile payments to the Middle East....

09-Jan-12
Mobile phone money transfers Kenya

Mobile phone money transfers race ahead of debit cards - Four in five new cell phone subscribers are signing up for money transfer services, the latest industry data shows. ...

06-Jan-12
Does the mobile "cash" wallet popular across Africa make sense for the North American market?

This is Part 1 in a two-part series exploring the opportunity to service the large unbanked and underbanked population in North America through innovative new banking services. Part 1 discusses the “mobile wallet,” and explores the applicability of this service offered in Zambia and other countries to the North American market....

05-Jan-12
Google Wallet to open up a new era of purchasing power

Google Wallet to open up a new era of purchasing power. The new application will soon be installed on many mobile phones and will convert a phone into an electronic wallet that will allow people to pay for goods without cash or a card....

04-Jan-12
‘Collaboration in mobile money will lead to convergence’

Recently, the working group of Nigeria Communications Commission, NCC and Central Bank of Nigeria, CBN convened a stakeholders forum to fine-tune the planned implementation of mobile money in the nation’s economy where the President of Medallion Technologies, Mr. Ike Nnamani was a guest speaker....

04-Jan-12
Nigeria to become dominant in Africa’s mobile payment market

With the commencement of the Central Bank of Nigeria’s (CBN) cashless project, Nigeria is set to become a dominant player in Africa’s emerging mobile payments market, analysts have said....