Showing the huge potential for India's mobile payment market, India's Business Standard is reporting My Mobile Payments Ltd., a Mumbai-based mobile money platform, is in the process of raising $75 …
Computer Services Inc., a provider of end-to-end technology solutions for FIs, has introduced its Social Payments Instant Network, which enables banks to provide customers with greater P2P payment …
Money transfer service MoneyGram has signed an agreement with European carrier Lebara Mobile. Through the partnership, Lebara's U.K. subscribers can send money from the Lebara Money app on an iOS or …
Nigeria's central bank has been pushing mobile payments as a mechanism to address the nation's high rate of unbanked consumers. To that end, the country's Association of Licenced Mobile Payment …
One of the world's largest railway systems is going mobile. According to the Economic Times of India, IRCTC, the subsidiary of the Indian Railways that handles ticketing, will begin offering train …
There are few questions mobile payment followers like to debate with as much gusto as "What's Apple up to?" A new patent application unearthed by Apple Insider will only add to the discussion. The …
Security provider Bell ID has launched a new product aimed at simplifying the provisioning of services that use NFC. The product, called Secure Element in the Cloud, manages the provisioning process …
Prepaid provider Blackhawk Network Inc. and mobile money network Monitise PLC have announced an agreement to enable mobile gift card purchasing as well as the intention to expand their relationship …
M-Pesa, the mobile money system run by wireless provider Safaricom, has been the standard for mobile money since its inception in 2007 in Kenya. Today, M-Pesa is providing more than 16 million …
Barely into its second year, M2CASH is expanding and rebranding. The real-time mobile money transfer product will now be one of several tools offered by the newly christened V2PAY Group. Along with …
Prepaid wireless provider Boost Mobile, a subsidiary of mobile network operator Sprint, has announced a new mobile wallet for its customers. The Boost Mobile Wallet powered by Wipit, a mobile payment …
Peer-to-peer mobile payments is gaining more players. Last week, Google announced the ability to send funds to anyone using Gmail and a Google Wallet account. Now it looks like Square is getting into …
BlueSnap, a payment gateway provider, announced its new SnapConsole today. SnapConsole is a payment management console and platform meant to give merchants an easy option for online payments and …
Budapest Business Journal is reporting the national mobile payment system for Hungary will launch on time this fall despite issues over loans meant to pay for developing the network. The system …
Mobile Financial Service, the Brazilian joint venture announced last between wireless carrier Telefónica and MasterCard Worldwide, is ready to launch Brazil's first mobile payment service …
In March, Monitise PLC and Visa Europe announced a three-year agreement that will see, among other things, the deployment of Monitise's mobile money technology to financial institutions. The …
The Great White North is getting another mobile payment scheme, a partnership between the country's largest bank and its largest carrier. RBC and Bell announced they will be launching an NFC-based …
Yesterday, India's payments solutions provider Oxigen unveiled its instant money transfer service, OxiCash. This "mobile wallet" enables India's unbanked population to transfer money with ease to any …
Personal finance and bill payment app Pageonce is rebranding itself as Check. Used by more than 8 million customers, the Check app lets users link all of their financial accounts in one place and pay …
Mobile remittance promises massive growth worldwide. This research center deals with the latest developments in person-to-person (P2P) mobile money transfers.