Mobile Remittance

New research forecasts significant growth for the cross-border B2B money transfer industry. Juniper Research is forecasting the global B2B mobile money transfer industry to see a $218 trillion valuation by 2022, up from its existing $150...

Simple and secure ways to complete transactions directly through a mobile device have become increasingly popular over the last three years globally. Mobile users can now do this through a number of different technologies,...

Mobile Payments World interviews Stephen Doyle, CEO of Homesend to discuss what going on in the remittance market.

Mobile money services generated $2.4 billion in direct revenue during 2017, as the industry processed $1 billion worth of transactions per day, the GSMA said. The Association’s annual State of the Industry Report on Mobile...

Walmart, like Amazon, is moving itself further into traditional financial services provider territory, by expanding its money transfer operation to 200 countries. Through the new money transfer operation, people will be able to deliver money...

Nigeria’s authorities are set to revoke the licences of at least 15 struggling mobile money operators under new minimum finance rules, according to press report. The report tips the majority of the 21 companies operating...

Safaricom’s push to take its mobile money transfer business global ha s received another boost with the signing of a deal that will see users of MoneyGram send cash directly to M-Pesa customers from any...

Online money transfer service WorldRemit and telecoms operator MTN have signed a global mobile money partnership that will enable WorldRemit customers to send remittances instantly to MTN’s customers. The agreement extends WorldRemit’s position as the...

A Ugandan court has pronounced that mobile money business operated by the five major telecommunication companies is illegal. Justice Christopher Madrama of the Commercial Court in Kampala, made the pronouncement on Friday. He was delivering a ruling on...

A version of the Raiden payments channel network has been launched on the main Ethereum blockchain. Activated yesterday, the launch comes months after µRaiden – known more commonly as "microraiden" – first launched on an Ethereum test net....