Mobile Remittance

Showing Latest Mobile Remittance

Mobile money transactions to exceed $2 trillion in emerging markets

25 May 23 @ 12:57

A new study has found that the total value of mobile money transactions in emerging markets will reach $2 trillion by 2027, an increase of over $500 billion from 2023.... read more

The African Banking Digital Transformation Report

22 May 23 @ 17:27

African banks remain resilient and committed to digitization to remain relevant in today’s competitive landscape. As competition heats up between the different players, AI is identified as key technological trend... read more

Fintech projected to become a $1.5 trillion industry by 2030

04 May 23 @ 14:24

Fintech revenues are projected to grow six fold from $245 billion to $1.5 trillion by 2030, according to a new report released by Boston Consulting Group (BCG) and QED Investors. ... read more

The European Payments Initiative makes two big strategic acquisitions

25 Apr 23 @ 14:09

The European Payments Initiative (EPI) is in the news for three reasons: first launch of a pilot phase offer, a double acquisition and the addition of four new shareholders. At... read more

GSMA: State of the Industry Report on Mobile Money

20 Apr 23 @ 13:04

Mobile money is now considered a mainstream financial service in many countries During the COVID-19 pandemic, mobile money enabled millions of people in low- and middle income countries (LMICs) to... read more

PayPal and Visa announce digital wallet partnership

12 Apr 23 @ 17:00

PayPal and Visa announced a strategic partnership in the US that will result in an improved and more seamless payment experience for Visa cardholders and offer greater choice in how... read more

Global Payments Report 2023

03 Apr 23 @ 17:08

In 2022, account-to-account (A2A) payments continued to grow across the globe, with the expansion of real-time payment systems helping to provide faster, safer and more convenient payments for consumers at... read more

Optimising Payments – and the transition to ISO20022

03 Apr 23 @ 13:58

Payment models are changing radically, creating both challenges and opportunities for financial institutions. New digital-only banks have accelerated innovation, while the pace of global change has created a new competitive... read more

US banks go on mobile wallet offensive

31 Mar 23 @ 16:34

Wells Fargo, JPMorgan, Bank of America and several other large US banks are set to launch a mobile wallet later this year that links to debit and credit cards. Early... read more

Kalifa Review is “Work in progress” at two-year anniversary

29 Mar 23 @ 16:04

Launched by former Chancellor and now Prime Minister Rishi Sunak, the Kalifa Review into the future of the UK fintech sector outlined five core recommendations: policy and regulation; skills and... read more

NAB gets competitive with AUDN stablecoin pilot

20 Mar 23 @ 17:35

National Australia Bank (NAB) appears to be going head to head with its own Central Bank in a race to launch its own stablecoin AUDN. Earlier this month, Payments Cards... read more

Project Icebreaker concludes experiment for cross-border CBDCs

07 Mar 23 @ 17:28

The Bank for International Settlements (BIS) and the central banks of Israel, Norway and Sweden have concluded Project Icebreaker, which studied the potential benefits and challenges of using retail central... 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