Remittance

16 Sep 16 @ 14:42

Proving the difficulties that many MNO’s are having in providing financial services, MTN has pulled the plug on its South African mobile money business, saying it was not viable in... read more

14 Sep 16 @ 13:49

Visa will introduced a mobile money service to enable cashless transactions in Kenya, where the majority of wireless payments are transacted through Safaricoms M-Pesa. The mVisa app will initially facilitate... read more

30 Aug 16 @ 13:23

Having kept their distance from bitcoin, fearing the risks of fraud and criminality, big banks now see huge potential benefits from harnessing the blockchain to make the existing financial system... read more

05 Aug 16 @ 10:05

Following several reports in the media regarding the suspension of international money transfers, the Central bank of Nigeria has advised Nigerians at home and in the Diaspora to beware of... read more

02 Aug 16 @ 16:25

Early Warning, a real-time payments provider, has signed an agreement with Visa to enable person-to-person (P2P) payments on its clearXchange network using US-issued debit cards through the Visa Direct platform, it will... read more

14 Jul 16 @ 14:33

We seem to be in the midst of a Blockchain hype cycle. Distributed ledger technology is being touted as the solution for tracking assets, executing contracts and modernising payment infrastructure.... read more

12 Jul 16 @ 10:24

The Financial Conduct Authority is reportedly probing the £2.7bn P2P lending sector for the second time in two years, following widespread calls for tougher regulation of so-called “alternative finance” providers. On Friday,... read more

06 Jul 16 @ 16:38

In an ill advised move, the European Commission is proposing expanding its anti-money-laundering rules to cover virtual currencies and prepaid cards, in a bid to fight terror financing and tax evasion... read more

06 Jul 16 @ 15:30

Following the news that a group of Chinese FI’s had grouped together to form an blockchain consortium, a group of Russian banks and financial services companies has formed a private-sector consortium focused... read more

28 Jun 16 @ 16:20

SWIFT says that 73 banks worldwide have now joined its global payments initiative, designed to improve the cross-border payments experience. Recent banks to join the initiative include, Alfa-Bank, Axis Bank, Banco... read more

21 Jun 16 @ 09:37

Research released by Payments Canada and the Bank of Canada exploring Clearing and settlement systems and payment system modernization initiatives around the world reveals a global trend towards infrastructure enhancements that... read more

21 Jun 16 @ 09:16

A FinTech based UK could become a cashless society within 20 years according to research published by London & Partners, the Mayor of London’s promotional company, to coincide with London Technology Week... read more