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

Trending

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

Visa announces €500 Million European Investment Signals Strategic Response to Payments Sovereignty Push

31 May 26 @ 12:59

The debate around European payments sovereignty has intensified significantly over the past two years. Policymakers, regulators and financial institutions acros... more