21 May 15 @ 14:16

Global interoperability of real-time payments systems will require harmonisation of market practices and standards. A group of international clearing houses, banks, vendors, payments associations and other parties have proposed setting... read more

16 Apr 15 @ 15:23

From 2011 and 2014, 700 million people became account holders at banks, other financial institutions, or mobile money service providers, and the number of “unbanked” individuals dropped 20% to 2... read more

04 Mar 15 @ 15:16

The European Central Bank has published a new report on digital currencies, describing them as “inherently unstable” whilst remaining upbeat about the potentially transformative benefits they may offer in payments. The ECB study builds... read more

04 Mar 15 @ 12:34

The GSMA Mobile Money for the Unbanked (MMU) programme has releases its 2014 State of the Industry Report on mobile financial services. Published annually, the report provides industry practitioners with insights... read more

03 Mar 15 @ 15:07

The Government of Egypt, represented by the Ministry of Communications and Information Technology, and MasterCard announced the details of a recent Memorandum of Understanding (MoU) that will aim to extend financial... read more

20 Feb 15 @ 09:25

The market for banking in sub-Saharan Africa has developed slowly. The majority of people in sub-Saharan Africa (as many as three in every four) are still unbanked, meaning that their... read more

02 Feb 15 @ 10:48

Since January, consumers in China are able to receive remittances through the Western Union Money Transfer service from abroad in minutes at select Bank of China branches and sub-branches throughout the country. Western... read more

30 Jan 15 @ 11:06

Bharti Airtel, India’s leading telecoms operator, has applied for a banking license, in a potential breakthrough for the country’s under-developed mobile-banking industry. The first telecoms group to declare its intention... read more

22 Jan 15 @ 09:00

In October 2014, W3C, the World Wide Web standards organization, announced plans to develop a world-wide payments standard for internet payments. The initiative is an interesting project to monitor since... read more

06 Jan 15 @ 11:31

India’s Icici Bank is aiming to transform a rural Indian community into a “digital village”, using technology to bring banking, education and health services to locals. The village of Akodara... read more

23 Dec 14 @ 09:46

Bitcoin’s ongoing evolution draws comparisons to how Napster, while unsuccessful as an organization, upended an entire music industry and propelled it into the digital age. Bitcoin truly is the Napster... read more

19 Nov 14 @ 09:00

As mobile money transfer services like Pingit and Paym gain traction, how will mobile remittances help drive mobile commerce? With all the focus on mobile payments and wallets, and the... read more

17 Oct 14 @ 09:00

The World Wide Web Consortium (W3C) says it will begin a new initiative to integrate payments seamlessly into the Open Web Platform and help tackle fraud. W3C calls upon all industry stakeholders... read more

10 Oct 14 @ 11:00

As mobile money transfer services like Pingit and Paym gain traction, how will mobile remittances help drive mobile commerce? With all the focus on mobile payments and wallets, and the... read more

21 Aug 14 @ 11:15

VeriFone Mobile Money and Airtel Africa, part of the Bharti Airtel Group, are teaming up to offer VeriFone Mobile Money’s merchant enablement applications for mobile ‘Tap n Pay’ services across... read more

08 Aug 14 @ 13:53

Barclays has launched new functionality allowing mobile payments to India through its Pingit mobile payments service in the UK, opening it up to the largest remittance market between the UK and another... read more

25 Jun 14 @ 09:37

ZipZap has announced its expansion to the UK through a partnership with Payzone one of UK’s leading consumer payments and cash distribution networks. With this partnership, ZipZap now offers an... read more

12 Jun 14 @ 11:00

Ixaris – the payments innovator that pioneered virtual prepaid cards and rapid deployment of payments solutions for corporates – has announces a ground-breaking approach for banks to bring new payments... read more

02 May 14 @ 13:10

With record levels of investment from venture capital groups being ploughed into payment start-ups, is there a risk of another dotcom-style boom and bust? by Victoria Conroy The halcyon days... read more

22 Apr 14 @ 17:10

Facebook is on the verge of winning approval from Ireland’s central bank to allow its users to store and exchange money. The company’s plans are not yet clear, but regulators are rightly... read more