15 Apr 14 @ 11:49

Reports have surfaced in multiple media outlets this morning that Facebook is seeking regulatory approval from the Irish central bank for providing financial services in the form of remittances and e-money –... read more

10 Apr 14 @ 09:21

In 2013, ACH volume grew to almost 22 billion electronic payments[1], an increase of 4% over 2012 volume, according to new statistics released by NACHA — The Electronic Payments Association.... read more

27 Mar 14 @ 14:37

BlackBerry expects to use BBM as the vehicle for offering more mobile money services across a greater number of countries this year, according to Re/code. David Proulx, senior director of BBM... read more

03 Mar 14 @ 10:41

Safaricom’s push to take its mobile money transfer business global has received another boost with the signing of a deal that will see users of MoneyGram send cash directly to... read more

28 Jan 14 @ 11:07

Recent payment regulation, interchange proposals in Europe and the revision of the Payment Services Directive will have a significant impact on business strategies for all stakeholders going forward – reports... read more

07 Jan 14 @ 11:07

The Reserve Bank of India (RBI) has expressed its disappointment over the lower-than-expected spread of mobile banking,  adoption of which has been encouraging, but below expectation, due to key factors such... read more

22 Nov 13 @ 16:39

Safaricom has offered to negotiate a settlement with rival Airtel in an abuse of dominance dispute filed before the competition regulator. Correspondence between the two firms shows that Safaricom agreed to... read more

30 Oct 13 @ 17:47

The value of international money transfers made via mobile phones will exceed $10bn for the first time this year, according to Juniper Research. However, the cost and complexity of regulating... read more

29 Oct 13 @ 17:43

Bitcoin has launched the world’s first cash machine for buying and selling the online currency. It has been installed at a coffee shop in Canada. The kiosk is equipped with... read more

22 Jul 13 @ 01:49

Sina, the Chinese tech giant behind microblogging platform Sina Weibo, announced that it will roll out an online banking platform in September. According to the Beijing News (h/t via Tech in Asia) the new... read more

10 Apr 13 @ 00:00

Total ACH payment volume grew to over 21 billion transactions[1] in 2012, up 4.19 percent over 2011, according to new statistics released today by NACHA – The Electronic Payments Association.... read more

21 Mar 13 @ 00:00

The first is the launch of the Western Union Global Share platform, which enables the company to introduce new stored-value solutions in markets around the world by joining forces with... read more

01 Feb 13 @ 00:00

The Western Union Company announced that it has extended its prepaid receive card program to Costa Rica and Guatemala. The card, launched in El Salvador last year, strategically leverages the... read more

29 Jan 13 @ 00:00

US mobile payments will reach $90 billion by 2017, a 48% compound annual growth rate (CAGR) from the $12.8 billion spent in 2012. This is according to Forrester’s latest five-year... read more