Saturday, October 16, 2021
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Visa to start mobile money transfer

Competition in the mobile money transfer market is set to intensify in Kenya, with the launch of a cross-border mobile money platform by electronic payments processor Visa. The platform will be available to all mobile...

Oberthur partners with UTIBA

Oberthur Technologies has partnered with Utiba to create a complementary suite of secured Mobile Money Services and Money Transfer Solutions to mobile operators and financial institutions. This offer combines Oberthur Technologies' SIM OTA server, SIM...
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...

Regulators must act on m-payments money laundering risks

With mobile person-to-person money transfer services gaining traction, regulators need to act to address associated risks such as money laundering, according to the Federal Reserve Bank of Atlanta. In a white paper, the bank's Retail...

Dwolla starts white-label service

Dwolla has launched a "white-label" payments processing service, meaning other businesses and banks can sign on to use Dwolla's money-transfer system, but won't have to put Dwolla's label on it. Dwolla CEO Ben Milne said the white-label service...

TransferWise launch P2P international mobile money transfer

TransferWise, the international money transfer platform started by the first employee of Skype, has launched the world’s first peer-to-peer mobile money transfer app. The free app, which is compatible with iPhone, iPad, and iPod touch, enables...
Evolution of the global mobile wallet landscape

How do mobile wallets vary in different countries?

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,...

Bank of Ireland make big P2P play

Bank of Ireland has stolen a march on its local and UK counterparts by going live with a new service that lets its banking customers transfer cash in a way that is as simple...

Monet to launch shared mobile money network in Pakistan

Fundamo has been selected by Monet, an independent mobile financial services company, to launch a mobile money network in Pakistan. The platform, now approved by the State Bank of Pakistan, will be able to...

M-Shwari pushes up loan accounts by 1.7 million

Safaricom’s mobile phone-based bank account M-Shwari helped to push up the number of loan borrowers by 1.7 million in six months between January and June, latest data by the Central Bank of Kenya (CBK) shows. This...

Latest News

Payment industry history with first AES DUKPT key management implementation

Verifone says it has implemented AES DUKPT with its end-to-end encryption solution, VeriShield Total Protect, its Engage family of payment devices, and Carbon 8 & 10. Co-designed by Verifone, AES DUKPT...
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