Mobile Remittance

Showing Latest Mobile Remittance

European Central Bank launches instant payments service

30 Nov 18 @ 16:48

The European Central Bank says it will launch the first pan-eurozone instant payments service, with the primary aim of recouping some lost ground to US and Asian tech giants. The... read more

Orange and MTN launch interoperable African mobile money service

23 Nov 18 @ 16:29

There are an estimated 690 million people who use mobile money services across the world, over 100 million of whom live in Africa. Now, Orange and MTN Group have launched... read more

Global smartphone shipments declined for the last two consecutive quarters

15 Nov 18 @ 06:49

According to preliminary IHS Markit smartphone data, global smartphone shipments recorded a negative year-over-year growth rate for two consecutive quarters in 2018. Shipments totalled 354.8 million units in the third... read more

Deutsche Bank digitisation shift moves into over-drive

09 Nov 18 @ 16:39

Deutsche Bank this week made two telling announcements as it signalled it is moving into a highr gear to keep pace with the digitisation of payments and platforms around it.... read more

Good Day, Bad Day for money transfer giants Western Union and Moneygram

09 Nov 18 @ 16:19

Its been a busy week in the world of global money transfer. Both of the biggest household names have had big news, but for one its was a big win... read more

UPI leads vibrant Indian mobile wallet rankings

12 Oct 18 @ 10:43

Unified Payments Interface (UPI) that allows for instant bank-to-bank fund transfers is gradually taking the lead over the vibrant mobile wallet market in India. A large chunk of P2P remittance... read more

SoftBank launch PoC for cross-carrier blockchain-based mobile payments service

12 Sep 18 @ 14:52

SoftBank, Synchronoss and TBCASoft have announced that they have partnered on a Proof of Concept (PoC) for a new cross-carrier mobile payments service based on the Rich Communications Service (RCS) global messaging standard... read more

PayPal still going strong as it moves past 250 million active accounts

11 Sep 18 @ 10:00

PayPal announced that it now has more than 250 million active customers using its payment services. It has taken the firm just over 18 months to get to that goal since it... read more

SWIFT tests instant cross-border SWIFT gpi payments in Asia Pacific

24 Aug 18 @ 11:45

SWIFT has announces that it will start testing its new instant cross-border SWIFT gpi payments service in the Asia Pacific region. The service has been designed to scale and integrate... read more

Growing pains: RBI orders a stop to Paytm service

15 Aug 18 @ 11:55

The growth of Paytm has been exponential as it achieved an annual run rate of 5 billion digital transactions and $ 50 billion GTV (Gross Transaction Value) in July 2018. Paytm is... read more

P2P payments market competition hots up as Square Cash app hits the top

15 Aug 18 @ 11:26

It has been an interesting few weeks in the P2P payments market. It all began when Snapchap  announced that it will cease Snapcash, its mobile P2P payments app for Snapchat, on... read more

New digital payment service BANCOMAT Pay launched in Italy

31 Jul 18 @ 09:01

BANCOMAT has launched its new digital payment service with the BANCOMAT Pay brand. Thanks to an agreement with SIA, BANCOMAT Pay will integrate the Jiffy service, allowing PagoBANCOMAT cardholders to... read more

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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