Friday, June 18, 2021
Advertisement

The rise of mobile wallet-to-wallet cross-border remittance services

New MNO wallet-to-wallet international remittance services have launched over the past few months. Until recently in the mobile money industry we have seen a number of MNOs partnering with traditional MTOs (money transfer operators)...

Live @ MWC: GSMA report shows active mobile money users reached 61 million

The GSMA’s Mobile Money for the Unbanked (MMU) programme released its third annual Mobile Financial Services State of the Industry Report, providing a quantitative assessment of the state of mobile financial services, including mobile...
Airtel money logo

Airtel gets bank Payments Bank licence in India

Bharti Airtel on Monday received the Payments Bank licence from the Reserve Bank and gets Kotak Mahindra Bank (Kotak) as an investor. Airtel M Commerce Services Limited (AMSL) – a wholly owned subsidiary of Airtel which...
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...

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...
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...
Ethereum network

Raiden payment systems goes live on Ethereum network

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....
Mobile money

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...
Viber-Icon

Western Union provide mobile money transfer for Viber

Western Union says it is enhancing its existing relationship with Viber by enabling mobile money transfer for its 754m users worldwide, to send money domestically and internationally to more than 200 countries and territories from...
blockchain-based money transfer

Mastercard files patent for blockchain-based money transfer

Mastercard has just filed a patent for a “Method and System For Instantaneous Payment Using Recorded Guarantees.” This is, in short, a patent for a blockchain-based system that offers instant payment. The patent describes A method for processing...

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...
- Advertisement -