Mobile Remittance

24 May 17 @ 17:04

Financial and technology companies led by Bank of America,SBI Holdings, HSBC, Intel and Temasek Holdings have invested $107 million in R3 CEV which runs a big bank consortium seeking to develop... read more

23 May 17 @ 13:26

New research from FIS reveals that Britain’s challenger banks are outscoring their High Street counterparts in meeting their needs for digital payments, easy to understand and use products/services, innovative products/services and... read more

23 May 17 @ 12:57

TransferWise has extended its offering by launching a new service that takes it into the realms of looking more like a bank. For the first time, TransferWise will hold money on deposit for its... read more

10 May 17 @ 09:49

The value of global P2P mobile payments is set to increase 40% to $540 billion by end-2017, Juniper Research forecast. Growth in the segment is predicted alongside a trend of... read more

04 May 17 @ 15:51

Monitise FINkit has announced the key findings from its research into senior banking executives’ priorities, challenges, and future plans surrounding open banking. The study, carried out by independent researchers LM Research,... read more

03 May 17 @ 14:33

China’s mobile payment market is more than 50 times bigger than that its US counterpart sitting at $5.5tn and is now being shaken up by its underdog Tencent, which is snatching market... read more

03 May 17 @ 09:45

Apple is once again rumoured to be building its own money-transfer service to take on the likes of Venmo. The company has recently held discussions with payments industry partners about introducing its... read more

25 Apr 17 @ 14:23

Six of the major Dutch banks – ABN Amro, ASN Bank, ING, Rabobank, Regiobank and SNS – say they will launch Payconiq, a mobile payments app this summer. The app,... read more

24 Apr 17 @ 14:09

A new UN study reveals that social network payments through Alipay and WeChat Pay enabled $2.9 trillion in Chinese digital payments in 2016, representing a 20-fold increase in the past four... read more

21 Apr 17 @ 16:42

BBVA just completed the first real-life implementation of an international money transfer using Ripple’s new Distributed Ledger Technology (DLT). The transaction, running on BBVA infrastructures with real money, successfully completed... read more

18 Apr 17 @ 13:48

Android Pay has linked its mobile wallet service to a handful of mobile banking apps, giving consumers the ability add their cards more quickly to the mobile wallet. Customers of Bank of... read more

06 Apr 17 @ 17:37

Western Union says that US customers using its mobile app can now pay with Apple Pay when sending money transfers originating in the US to more than 200 countries and territories worldwide,... read more