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China saw the greatest increase with 15 percent of adults brought into the banking system; South and East Asia and the Pacific followed, with 14 percent apiece.
The Seattle-based company at the moment enables consumers in the U.S. to send funds to family and friends in India and the Philippines.
New feature is similar to offerings from Snapchat and Venmo.
Andrew Hull, the strategy director for Pocket App, wanted to see if he could survive without cash for 24 hours.
In his latest blog post, Mark Ranta from ACI Worldwide is joined by his colleague Dan Ring for a fun Q&A about the current market.
While Apple Pay is grabbing headlines, Shirra Frost from Fiserv believes it's important for banks to not get caught up in the hype and overlook other opportunities that strengthen the customer relationship.
Dan Kramer, the senior vice president of marketing and merchant services for SHAZAM, wrote about how new entrants in the marketplace can be successful.
Data breaches were a hot-button topic in 2014, maybe even more so than Apple Pay.
The rise of mobile has huge implications for how we manage our money. For banks to remain competitive, it’s essential for them to adopt a mobile-first strategy centered on the consumer experience, writes Monitise SVP of Sales & Operations Fırat İşbecer.
The London-based firm is also establishing an office in Denver as it seeks to take advantage of the growing mobile financial services market in the states.
Thomas Yohannan examines a possible future link between bitcoin and proximity payments involving mobile devices.
Microsoft has applied for state money transfer licenses to act as a money transmitter.
The cryptofinancial services provider says it has completed an external funding round and launched 100 percent multisignature reserves for the Bitspark Exchange platform.
Western Union said in a press release the strategic alliance advances its market leadership in enabling digital age participation by using a walk-in payment product for consumers.
Movit is a suite of products catering to the burgeoning mobile payments market in the region.
Merchants now can use the app to get paid for goods and services.
Of 300 professionals surveyed, 52 percent said they use their mobile phones for payments, with business professionals in Asia-Pacific performing mobile payment transactions most frequently.
Users can now send funds to any bank account in the country.
Kenyan and Tanzanian users can now send funds to each other's mobile wallets.
Transfast announced partnerships with three leading Kenyan banks for instant deposits, and the launch of the M-Pesa service
At the Mobile World Congress, the card network announced two separate deals that put remittance services in the hands of citizens in Nigeria and Zimbabwe.
Mobile money is now available in 61 percent of developing markets.
The bitcoin exchange, named igot, buys TagPesa crypto exchange and remittance gateway.
The company's customers in Tanzania can use the mobile money service to transact with users of all their country's mobile money networks following an agreement with Vodacom's M-Pesa service.
Consumers will also be able to us the service starting next month to pay small businesses.
Company's app features Apple Touch ID and scan technology for added security.
Mobile remittance promises massive growth worldwide. This research center deals with the latest developments in person-to-person (P2P) mobile money transfers.
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