Thursday, January 27, 2022
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First bank deposit network for receipt of payments across 23 African nations

Transfast, a little known provider of online, cross-border p2p payments solutions, has announced the launch of its proprietary bank deposit network into 23 African nations – the most extensive of its kind on the...

Central Bank of Nigeria: new guidelines for financial inclusion

The Central Bank of Nigeria (CBN) has released new guidelines for the swift take off of the next level of implementation of the Nigerian Financial Inclusion Strategy (NFIS). The new guidelines released recently include promoting increased...

Telkom Kenya plans mobile-money services by year end

Telkom Kenya, a joint venture between France Telecom SA and the East African nation's government, plans to introduce mobile-banking services by year-end in partnership with a 'main' local bank. Mobile-phone operators in East Africa's biggest...

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...

Fidor signs Ripple for P2P money transfers

Fidor Bank has become the first the bank in the world to utilise the Ripple protocol for sending real-time money transfers. San Francisco-based Ripple offers a decentralised order book relying on open-source peer-to-peer payment protocols...

MoneyGram and CashEdge form strategic alliance

MoneyGram and CashEdge say that they plan to integrate their respective money transfer and payment services platforms so that "recipients of Popmoney (MPW 133, 141, 148) payments would be able to direct receipt of...

Visa makes instant P2P payments possible in Europe

Visa Europe announced two significant additions to its Visa Personal Payments mobile service: Multi-Currency and Immediate Payments. The new functions will enable consumers to make instant transactions from their mobile phone to any Visa...

MoneyGram unveils cash withdrawal for PayPal users

MoneyGram is enabling PayPal's 55 million active US account holders to withdraw money from their accounts either online or through mobile and collect the same at any MoneyGram location in the country. Starting from 01...

Poor regulation leads to service disruption in Zimbabwe

Local commercial banks have disrupted EcoCash and other mobile money service providers by arm twisting the Reserve Bank of Zimbabwe (RBZ) to announce measures that compel telephone companies to conduct banking services through them. EcoCash,...

Google enable email money transfer

Google has enabled Send Money in Gmail, a money transfer payment service that will initially only be in the UK and the US. Originally revealed several years ago in the US, the Send Money in Gmail payment...

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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