Mobile Remittance

Showing Latest Mobile Remittance

130 million active mobile money users recorded globally in 2015

29 Feb 16 @ 12:02

The GSMA has announced that the number of active mobile money accounts worldwide now exceeded 130 million, with more than 100 million new registered users added in 2015. According to the... read more

Live @ MWC: Homesend platform extends reach

25 Feb 16 @ 11:52

PCM interviews Stephen Doyle, CEO of Homesend to discuss what going on in the remittance market.

Live @ MWC: GCash upgrades mobile money with Amdocs

22 Feb 16 @ 14:08

Globe Telecom is upgrading its GCash service to address new requirements, including bulk payment services for salaries and government disbursements. “GCash has come a long way in solving financial inclusion... read more

Peruvian banks and telcos launch domestic mobile money network

19 Feb 16 @ 09:54

Peru has launched a domestic mobile money network, with the aim of drawing five million of the country’s unbanked into the formal banking system. Dubbed ‘BIM’, the low-tech mobile money programme... read more

Vodafone and TransferTo partner on M-Pesa

17 Feb 16 @ 16:02

TransferTo has partnered under a framework agreement with Vodafone Group to enable real-time international money transfers to M-Pesa Mobile Money accounts worldwide. Powered by TransferTo’s cross-border Mobile Money network, the... read more

NTT DOCOMO launch DOCOMO Digital to drive mobile commerce

17 Feb 16 @ 15:41

Japan’s largest mobile network operator, NTT DOCOMO, has set up DOCOMO Digital in London as a new global business operation to advanced the mobile commerce ecosystem and encourage financial inclusion... read more

Stellar launches instant money transfer service in Nigeria

08 Feb 16 @ 12:05

Stellar.org, a non-profit startup foundation that supports a universal financial platform, has been a part of the Fast Forward accelerator, which is funded in part by Google and BlackRock. The instant... read more

Western Union and Viber to provide cross-border money transfer

04 Feb 16 @ 14:02

Western Union and Viber, a mobile messaging app with 664 million unique users worldwide, have announced an agreement to offer cross-border money transfer

ECB plans new system for bank transfers

02 Feb 16 @ 14:40

The European Central Bank is working on a new plan for bank transfers, allowing consumers to transfer money using their phone numbers or email addresses rather than a complicated bank account... read more

MyBank posts strong growth in 2015

02 Feb 16 @ 11:29

MyBank has reported strong growth for 2015 both in the volume and value of transactions as well as in the number of merchants offering MyBank. More than €650 million worth of payment... read more

Paytm trials sound wave-based mobile payments

20 Jan 16 @ 11:14

Paytm is working on a new way to make mobile payments in stores using smartphones. The method they are trialling is called ‘Sound Pay’ and it uses ultrasonic sound waves to transfer money.... read more

How do you do cross border payments?

20 Jan 16 @ 09:36

New FinTech innovators are challenging the traditional way that cross border payments have been done. But are businesses tapping into the new innovation – or staying with the status quo?... read more

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UK fraud losses reach four-year high

16 Jun 26 @ 18:17

Financial fraud losses in the UK climbed to their highest level in four years during 2025, highlighting the growing sophistication of criminal networks and rais... more

Visa and Mastercard move to end two-decade swipe fee battle

11 Jun 26 @ 16:00

A landmark legal battle that has shaped the economics of card payments in the United States for more than twenty years has taken another significant step toward... more

Wero expands into Austria as Europe’s payments ambitions gather momentum

23 Jun 26 @ 18:52

The European Payments Initiative (EPI) has secured a significant boost to its ambitions of creating a pan-European payments network, with Austria’s largest ba... more