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
Vodafone to introduce loan repayment, money transfer services soon

Vodafone to introduce loan repayment, money transfer services soon....

12-Jan-12
Mobile Payments in the Philippines: Future Opportunities for Growth

Mobile payments in the Philippines provides future future opportunities for growth. Mobile money providers have an opportunity to move customers away from existing payment options, to persuade customers to use their services in addition to their current payment provider, and to target segments not currently served by formal payment providers such as personal direct payers and users of informal service providers....

11-Jan-12
Mobile Financial Services and the Emerging Global Middle Class

How Mobile Technology Is Broadening Financial Access in Less-Developed Countries While Driving Business Opportunities for Global Companies....

10-Jan-12
Smart facilitates money transfers from Canada

Vancity, the largest credit union in Canada, introduced a remittance program via Smart Money that will allow members in British Columbia to send for free as much as P40,000 (approximately C$950) until the end of January this year....

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. ...

04-Jan-12
Remittances through mobile banking may hit $55B in 2016

According to a report from Juniper Research released recently, growth will come from mobile remittances sent across established migration corridors – such as the US-Mexico and intra-regional transfers across Africa and the Middle East – as migrant workers send money home from foreign countries...

15-Dec-11
Airtel launches mobile banking service in Ghana

Airtel Ghana has rebranded Zap Mobile Money to Airtel Money and added a mobile banking feature, which is the first in the country....

12-Dec-11
International remittances to grow, but beware the fees

Remittances via mobile devices are set to reach $55 billion in 2016, most of this through traditional migration corridors, according to a new study by Juniper Research. Two issues might affect the growth, however. A lack of regulatory engagement with telcos in many jurisdictions will inhibit deployment as there is little co-ordination between each end of the transfer. Fees are the other, perhaps more serious consideration and the Juniper study calls for care when setting remittance fees....

12-Dec-11
Mobile money transfers gaining currency with U.S. consumers

More banks offering, enhancing person-to-person money transfer services. An increasing number of banks are rushing to offer or enhance person-to-person money transfer services. In many instances, all you need to send money to someone is their mobile number or email address....

12-Dec-11
SA’s big four are banking on mobile

Lenders in race to win customers over to new cellular technologies, banks now in frantic race prompted by new phone smartphone technology...

12-Dec-11
UOB enables mobile money transfers

SINGAPORE--Local bank United Overseas Bank (UOB) launched its first-ever mobile app, which allows customers to withdraw and send money to others without having to use an automated teller machine (ATM) card. It is touted to be the first such service here, said executives....