Mobile Remittance

Showing Latest Mobile Remittance

Report: The future of US mobile payments

11 Jun 19 @ 14:24

The future of mobile payments, both in the US and around the world, will likely be determined by the success of the OEM Pay wallets. Data from Juniper Research indicates... read more

International digital remittances to reach $525 billion by 2024

11 Jun 19 @ 09:20

New data has found that international digital remittances will reach $525 billion by 2024, up from an estimated $332 in 2019. According to Juniper Research, the mobile channel will become... read more

Facebook to launch cryptocurrency Libra in June

10 Jun 19 @ 09:06

Facebook says it will launch its cryptocurrency codenamed Libra, currently scheduled for a June 18th release according to TechCrunch which reported multiple investors briefed on the project by Facebook were told... read more

Money 2020: Visa and Western Union partner on global payments

05 Jun 19 @ 13:37

Visa has announced a new strategic agreement with Western Union to implement Visa Direct, Visa’s real-time[1] push payments platform in an effort to bring speed and transparency to the process... read more

Study: 1 in 10 banks will disappear over the next 5 years

21 May 19 @ 11:09

A ten-year study has found that the profit of European retail banks/divisions is at an all-time high, driven by a positive economic environment and lower risks (risk costs relative to... read more

SWIFT trials instant cross-border gpi payments through TIPS

21 May 19 @ 08:25

SWIFT says that a group of banks are to trial instant gpi cross-border payments in Europe using the TARGET Instant Payments Settlement (TIPS) platform. The European Central Bank (ECB) and... read more

Alipay continues mobile payments expansion with 300,000 merchants in Japan

20 May 19 @ 16:48

Alipay, the mobile payments arm of Alibaba Group has signed up more than 300,000 retailers in Japan to its m-payments service to serve the growing number of Chinese tourists to... read more

Visa acquires control of Earthport

13 May 19 @ 08:19

Visa announced it has finally acquired control of Earthport, a company that provides cross-border payment services to banks, money transfer service providers and businesses via the world’s largest independent ACH... read more

Saudi Arabia’s SAMA to launch faster payments system

29 Apr 19 @ 11:17

The Saudi Arabian Monetary Authority (SAMA), represented by Saudi Payments, has entered into agreement with Vocalink & IBM to develop the new faster payments system planned for launch at the... read more

IBM launches global payments network based on blockchain

25 Mar 19 @ 09:29

IBM has created a real-time, global payments network to support cross-border transactions and foreign exchange in more than 50 countries using cryptocurrencies or “stable coins.” IBM Blockchain World Wire will... read more

Mastercard ditches Earthport bid in favour of Transfast acquisition

11 Mar 19 @ 08:49

Mastercard dropped out of the competitive bidding with rival Visa for Earthport and announced it has entered into an agreement to acquire Transfast, a competitor account-to-account money transfer network. Transfast... read more

Mobile World Congress 2019: The payments perspective

07 Mar 19 @ 09:47

For anyone attending Mobile World Congress last week, they have no doubt gone to bed dreaming of 5G networks and foldable smartphones. But dig a little deeper, and there was... read more

Trending

Mastercard and BVNK Launch Platform Linking Fiat and Stablecoin Payments

20 Oct 26 @ 09:06

Mastercard has launched a new platform with BVNK that brings fiat currencies and stablecoins together through a single API, marking the first major integration ... more

Starling Builds UK-Sovereign AI Model With Nvidia and Civo

15 Oct 26 @ 19:41

Starling is developing a transactional foundation model with Nvidia that will be trained and hosted entirely within a UK sovereign cloud, as the digital bank lo... more

UK Moves to Open iPhone Contactless Payments to Apple Pay Rivals

22 Oct 26 @ 18:16

The UK’s competition regulator has set out proposals that could significantly widen access to contactless payments on Apple’s iPhone, potentially lowering b... more