• Mobile payments already exceed cheques – Finextra

  Mobile payments already exceed cheques Finextra The mobile financial services market will be dominated by Asia, driven by mobile operator-led initiatives in developing nations to bank the unbanked. Remittance and transfers by mobile is growing three times faster than m-banking. and more »

• Mobile money transforming transactions in the Pacific – Matangi Tonga

  Mobile money transforming transactions in the Pacific Matangi Tonga Cell phone users in Tonga can now use their mobile phones in much the same way as they can use a plastic banking card to pay for goods and services in shops; and they do not need a bank account to transfer and receive money from overseas.

• Bharti Airtel and Axis bank collaborate on mobile money and banking services. – Finextra

  Finextra

  Bharti Airtel and Axis bank collaborate on mobile money and banking services. Finextra The Infosys-enabled 'airtel money Super Account powered by Axis Bank' will offer users integrated banking transactions including cash deposit, money transfer and withdrawal. Sanjay Kapoor, CEO – India & South Asia, Bharti Airtel says: " According to … Bharti Airtel: What took you so long to cut 3G tariff?Moneylife Personal Finance site and magazine Bank/telco alliance provides no-frills accounts to India's unbankedATM marketplace.com (press release) all 15 news articles »

• Firm to Lend Via SMS – AllAfrica.com

  Firm to Lend Via SMS AllAfrica.com Though Pesa na Pesa is not network specific, one must be subscribed to a mobile money transfer platform to benefit from the service. AVLC Group Managing Director Andrew Kanyutu said the service seeks to be more inclusive by giving borrowers several … and more »

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• Airtel, Axis Bank join hands for mobile banking – Times of India

  Moneycontrol.com

  Airtel, Axis Bank join hands for mobile banking Times of India "No-frills savings account of Axis Bank will be opened for customers on the Airtel Money platform called Airtel Money Super Account powered by Axis Bank, offering customers banking transactions, including cash deposit, money transfer and withdrawal," … Airtel, Axis tie-up for mobile banking servicesHindustan Times Bharti Airtel, Axis Bank pushing m-commerce through no-frills mobile bankingVC Circle Airtel Signs Up As Banking Correspondent For Axis Bank; No Open WalletMediaNama.com domain-B all 31 news articles »

• Expand trade in ICT products to power economic growth – Business Daily Africa

  Business Daily Africa

  Expand trade in ICT products to power economic growth Business Daily Africa The mobile money transfer service run by Safaricom is an example of new IT-enabled services in Africa that have transformed financial services. File By PASCAL LAMY (email the author) In 1996 a group of WTO members overcame numerous political …

• Africa telcos in a dilemma as demand for Internet services grow – Business Daily Africa

  Business Daily Africa

  Africa telcos in a dilemma as demand for Internet services grow Business Daily Africa This impressive growth has seen Africa become a hub of pioneering mobile innovations, from mobile money transfer to m-commerce; users can pay electricity bills, buy goods and even run bank accounts from their mobile phones. The majority of these mobile …

• Mobile money misery – BBC News

  BBC News

  Mobile money misery BBC News Wouldn't it be great if you could leave your wallet at home and pay for everything with your mobile phone? Well, OK, not everybody is in love with the idea of the cashless society, but the march of mobile money seems unstoppable right now. Or does it? and more »

• Plextek and RedCloud complete acquisition of Iceni Mobile – EON: Enhanced Online News (press release)

  Plextek and RedCloud complete acquisition of Iceni Mobile EON: Enhanced Online News (press release) The acquisition signifies both Plextek's and RedCloud's commitment to the mobile money market. With the founding team, the companies plan to deliver the technology as a platform as a service and create a new way in which mobile money and associated … Plextek in Iceni Mobile acquisitionBusiness Weekly Plextek, RedCloud complete Iceni Mobile acquisitionTelecompaper (subscription) all 6 news articles »

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• Cellphones a step closer to becoming digital wallets – CBC.ca

  CBC.ca

  Cellphones a step closer to becoming digital wallets CBC.ca Growing market Many Canadians already manage their finances and transfer money via their smartphones by using apps to move money in and out of accounts. The ability to pay for items by swiping the device at the point of sale is a logical extension of … and more »

• RBS Citizens Financial Group, Inc. Extends Mobile Banking to Android(TM … – MarketWatch (press release)

  RBS Citizens Financial Group, Inc. Extends Mobile Banking to Android(TM … MarketWatch (press release) Make external account-to-account transfers — Online Banking and Mobile Banking customers will have improved functionality to transfer money between their Citizens Bank and Charter One accounts and their accounts at other banks. and more »

• SAP® Mobile Apps Connect Businesses and Consumers – from the Boardroom to the … – MarketWatch (press release)

  SAP® Mobile Apps Connect Businesses and Consumers – from the Boardroom to the … MarketWatch (press release) For the end user, mobile money supports money transfers, balance inquiries, bill payments, cash in/cash out via agents and self-service machines, as well as micro-payments and loan repayments. For bank agents, it offers a full suite of customer … and more »

• Digicel Launches World’s First Fully Inclusive NFC Capable Mobile Wallet … – MarketWatch (press release)

  NFC World

  Digicel Launches World's First Fully Inclusive NFC Capable Mobile Wallet … MarketWatch (press release) The new service follows the introduction of International Money Transfers directly to Mobile Wallets by Digicel late last year. Families in New Zealand can instantly send money online directly to Digicel subscribers' mobiles in the Pacific for much … Tonga gets commercial NFC payments serviceNFC World Tonga takes lead in NFC-enabled mobile walletiTWire all 12 news articles »

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• The Somali American Remittance Dilemma – Forbes

  The Somali American Remittance Dilemma Forbes Isn't bitcoin fairly easy to obtain in the developed economies of North America and Europe? Doesn't Somalia have good telecommunications infrastructure supporting mobile phones? Here's how the bitcoin money remittance process would work.

• Mobile money transfers reach 16 percent of sub-Saharan African population – PC Advisor

  How we made it in Africa

  Mobile money transfers reach 16 percent of sub-Saharan African population PC Advisor By Edris Kisambira | 11 May 12 Money transfer via mobile phones has expanded to 16 percent of the total population in sub-Saharan Africa, according to a new World Bank study that provides a global picture for how people save, borrow, make payments and … Does the ability to do mobile money transfers equal financial inclusion?How we made it in Africa Mobile money firms boost revenue opportunitiesCoastweek Banking on mobile cashTimes LIVE all 5 news articles »

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• Does the ability to do mobile money transfers equal financial inclusion? – How we made it in Africa

  How we made it in Africa

  Does the ability to do mobile money transfers equal financial inclusion? How we made it in Africa During a session at the 2012 World Economic Forum on Africa, James Mwangi, CEO of Kenya's Equity Bank, said that he doesn't think that the ability to transfer money over a mobile phone means that a person is financially included.

• Making money from mobile – Finextra

  Making money from mobile Finextra Meanwhile Ebay is promoting its plans to lead the mobile payments race with PayPal, and most recently O2 has launched a smartphone app that allows users to transfer up to £500 via text message. The big players are scrambling to get their offering into …

• Price hikes, money transfer arm revive Safaricom – Reuters UK

  Price hikes, money transfer arm revive Safaricom Reuters UK Chief executive Bob Collymore attributed the improvement to an 11 percent increase in users to 19 million, which came despite the higher call charges as customers were attracted by its wide network coverage and money transfer business. and more »

• Banking on mobile cash – Times LIVE

  Times LIVE

  Banking on mobile cash Times LIVE Though Kenya is the leader in mobile money, with M-Pesa, South Africa has two new innovative payment systems of its own. The first, called Gust, has quietly been operating since last month and is being used in a closed system to pay for the lunches of … FNB adds geo-payments to mobile appFinextra all 15 news articles »

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