CryptoRuble

Russia to launch national Cryptocurrency – CryptoRuble

Nikolay Nikiforov, Russia’s Minister of Communications has revealed that President Vladimir Putin has given the Go-Ahead for a new cryptocurrency dubbed CryptoRuble, reports CoinTelegraph, claiming local news sources. The Russian form of cryptocurrency won’t be as open as popular options...
QR Code Payment

Ecobank launches mVisa across 33 African countries

Pan African bank Ecobank has partnered with Visa to launch Ecobank Scan+Pay with mVisa solutions to their consumers. The strategic tie-up signals interoperability on a cross border level – and potentially huge gains – as...
P2P payments

WhatsApp set to add P2P payments to messaging app

WhatsApp is rumoured to be preparing P2P payments for its messaging app, making it the latest service to let users transfer money to one another with a text. A beta version of WhatsApp's next update...

Financial inclusion – Addressing the unbanked in developing countries

Around two billion people worldwide do not use formal financial services and around half the adults in the poorest households are unbanked, according to the World Bank. When financial inclusion is a key enabler...
money_laundering_scheme

Is mobile money a haven for money launderers?

Is mobile money a haven for money launderers? There have been a number of developments in the international financial system in recent decades that have made finding, freezing and forfeiting income and assets derived...
Android Pay

WorldRemit partners Android Pay for mobile money P2P transfers

WorldRemit has added Android Pay to its service, offering a new way for WorldRemit’s Android Pay users to send money internationally and reach millions using mobile money accounts. Launching the global rollout of the mobile-first approach to...
TransferWise

TransferWise to offer cost effective cross-border bank accounts

  TransferWise has extended its offering by launching a new service that takes it into the realms of looking more like a bank. For the first time, TransferWise will hold money on deposit for its customers and provide them with...
Apple Pay patent infringement lawsuit

Apple Pay funding added to Western Union to enable mobile money transfer

Western Union says that US customers using its mobile money transfer app can now pay with Apple Pay when sending money transfers originating in the US to more than 200 countries and territories worldwide, including domestic...
M-Pesa logo

M-Pesa continues dominant position in Kenyan mobile money market

Despite increased competition, M-Pesa is maintaining a large lead the Kenyan market, according to official statistics.Over KES1 trillion ($10 billion) of mobile money deposits and withdrawals took place in Kenya between July and September...
No of registered mobile money customers covered by one agent

Mobile money for the unbanked – Avoiding common industry pitfalls

A new Roland Berger study, entitled Mobile Money for the unbanked – Avoiding common industry pitfalls, highlights the challenges of creating a Mobile Money operating arm, cautions operators that success isn't guaranteed despite potentially...

Latest News

PSD2 and Europe’s Open Banking Mandate – a report

In a new report, PSD2 and Europe’s Open Banking Mandate,  we aim to analyse the implications of the revised Payment Services Directive, PSD2, for the...
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