Mobile Remittance

Showing Latest Mobile Remittance

Santander launches money transfer app PagoFX

17 Apr 20 @ 10:55

Santander has announces the launch of PagoFX, a low-cost international money transfer service, with a view to taking on TransferWise and others, in the UK. The service is available via... read more

Vodafone finalise sale of M-Pesa to Safaricom and Vodacom

15 Apr 20 @ 12:50

Safaricom of Kenya and Vodacom of South Africa say that they have completed the acquisition of mobile money platform M-Pesa from Vodafone. “The transaction… will accelerate M-Pesa’s growth in Africa... read more

OpenPayd enhances SEPA payment capabilities

15 Apr 20 @ 10:54

OpenPayd, an API-first Banking-as-a-Service provider, has announced it has enhanced its payments capabilities with direct access to the SEPA payment scheme (Single Euro Payments Area). The new integration will see... read more

European Commission says it will review Mastercard’s Nets purchase

08 Apr 20 @ 14:16

The European Commission has accepted requests submitted by Austria, Denmark, Finland, Norway, Sweden and the UK to assess under the EU Merger Regulation the proposed acquisition of Nets A/S account-to-account... read more

GSMA’s Mobile Money Regulatory Index

07 Apr 20 @ 12:34

In 2018, the GSMA launched the Mobile Money Regulatory Index, a tool that provides a quantitative assessment of the extent to which regulation has been effective in establishing enabling regulatory... read more

The future of disruptive FinTech post COVID-19

02 Apr 20 @ 15:42

Finch Capital a FinTech VC, has published a report in which it notes the challenges and opportunities that the sector will face both during, and after, the crisis. Covid-19 is reframing... read more

Qatar Central Bank launches Qatar Mobile Payment System

31 Mar 20 @ 13:22

Qatar Central Bank (QCB) has launched the “Qatar Mobile Payment System” (QMP), which provides a new and safe method for immediate electronic payment, after completing the infrastructure and all the... read more

GSMA Report: The state of mobile money 2020

27 Mar 20 @ 13:59

2019 marked a major milestone for the mobile money industry: the number of registered mobile money accounts surpassed 1 billion. Reaching the 1 billion mark is a tremendous achievement for... read more

Digital Banking: What is the best solution for SME’s

25 Mar 20 @ 12:24

Small and Medium-size Enterprises (SMEs) are the engine of the economy. Businesses ranging from sole traders to those with 250 employees create between 50-60% of business value in developed economies.... read more

Digital payments in Europe to hit $802 billion in 2020

23 Mar 20 @ 17:08

I am sure that the entire payments community is looking for some good news! So here we go, the increasing number of mobile phone users and the massive growth of... read more

COVID-19: The impact of coronavirus on the mobile economy

18 Mar 20 @ 13:18

As COVID-19 bites, businesses enforce working from home, conferences are postponed, flights are cancelled, schools are closed, storefronts and restaurants shut their doors and people are quarantined inside, the world... read more

Mobile money accounts now higher than total Kenyan population

04 Mar 20 @ 12:48

It has been reported that Kenya has 58.4 million mobile money subscribers – more than the total population of Kenya. According to the 2019 census data, the country has 47.5... read more

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Visa turns the card into an identity credential

12 May 26 @ 15:44

Visa has launched a new tap-based authentication technology that could reshape how banks verify customers in mobile banking environments. [caption id="atta... more

Bank of England Warns DLT Complexity in Settlements

18 May 26 @ 17:07

The Bank of England has found that distributed ledger technology could improve aspects of wholesale payments and settlement, but only at the cost of significant... more

E-commerce payments enter the age of managed complexity

11 May 26 @ 19:54

The global e-commerce payments market is no longer simply a story of digital adoption. It is becoming a test of operational control. [caption id="attachmen... more