Mobile Remittance

Vodafone M-Pesa has more than 25 million active customers, marking another year of accelerated growth for the innovative mobile money transfer service. Across markets in Africa, Asia and Europe, active customers of M-Pesa increased by 27.1%...

Sybase 365 together with its local partner, Neurosoft Technologies, has announced that ONE Bank Limited (OBL), a private commercial bank in Bangladesh, has selected the Sybase 365 Mobile Commerce platform to deliver end-to-end mobile...

Western Union announced the availability of two mobile apps for use with the Western Union Speedpay service. Western Union Payments created the apps to assist billers in introducing mobile payment solutions to their customers. The...

According to recent press reports, Axis Bank of India is set to introduce a P2P mobile payments system which will let the customers send money to anyone through WhatsAPP, Twitter, Facebook and contacts list of...

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...

It is budget season in east Africa and the spending is easy. A shopping list of roads, pipelines, ports and public-sector pay rises prompted Uganda and Tanzania to hike their planned expenditure for 2013/14...

The National Bank of Abu Dhabi (NBAD, has joined hands with MoneyGram International to offer international remittances via mobiles to more than 200,000 locations across 190 countries and territories around the globe. The partnership also...

Leading local operator MTN has launched a new service in Nigeria that enables subscribers to send and receive money, pay their bills and buy airtime using their mobile handsets. The service, which is called Mobile...

MTN Uganda has been forced to call a press conference, with high-ranking executives from both MTN and Stanbic. Stanbic bank’s Managing Director, Patrick Mweheire, opened by explaining that the briefing was being held at Stanbic to show more significance...