Mobile is no longer an alternative channel for banks

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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.

FEATURES


WorldRemit brings mobile money transfer services to US

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.

Respatialization of currency: Cryptocurrencies & mesh networks

Thomas Yohannan examines a possible future link between bitcoin and proximity payments involving mobile devices.

Mobile payments looks for signs of life as the industry moves on

Ed Busby, the former chief commerce office at Isis (now Softcard), examines what the industry might expect to happen in the next year as Apple Pay emerges.

Apple is the main event, but don't forget the undercard

Mobile Payments Today Editor Will Hernandez reviews what has been an exciting week for the future of mobile payments.

M-Pesa: big in Africa, bigger in Europe?

Tomasz Krajewski, head of commerce at eLeader, discusses the conditions needed in a country for Vodafone to find success with its mobile payment system.

Paym debuts, but will security concerns derail its full potential?

Almost 400K register for service as U.K. consumers get another m-payment option.

Facebook faces multiple barriers to success in mobile payments

Low user adoption and privacy concerns could derail the company's plans.

The Philippines is ripe for mobile remittances

Filipinos and mobile share a special relationship. With a mobile penetration of over 100 percent, almost everyone in the country has a mobile device.

Mobile payments should be fun

Ask yourself, what are the most popular mobile apps out there? Now let's have a little experiment. Ask your friends if you can have a look at the apps installed on their mobile devices.

Mobile and money remittance: A perfect match

There are real benefits money remittance companies can have by embracing a mobile-first strategy. In fact, when it comes to financial institutions, I believe that mobile and money remittance are the perfect match.

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NEWS


HSBC enables businesses to use Paym

Some 600,000 business accountholders now have the ability to sign up and use the service to receive payments from their customers.

Xoom intros cross-border bill payments

Xoom Bill Pay enables immigrants in the U.S. to pay bills online on behalf of relatives in Mexico, Guatemala, El Salvador, Nicaragua and the Dominican Republic.

Remitly updates mobile money transfer app

New features include e-authentication with Apple’s Touch ID and real-time exchange rates on Android.

GSMA spills details about Mobile World Congress Shanghai

Conference will focus on how mobile technology is revolutionizing and enhancing every aspect of individuals' lives.

Mobile payments comes to Snapchat thanks to Square

Snapcash enables P2P payments within popular messaging app.

Venmo adds new features to mobile app

Company updates app to provide extra layer of security for iPhone users.

Trade association set to host mobile payments session in DC

The Merchants Payments Coalition wants to educate Congress members and their staffs about upcoming innovations in payments.

Mahindra Comviva links two Tanzanian MNOs through mobile money

The service enables customers to send and receive money directly between the mobile money accounts of Airtel Money and Tigo Pesa.

Mahindra Comviva debuts mobile money service in Zimbabwe

The company says its connectMoney Service Manager creates an industry benchmark for mobile money by connecting financial open systems powered by MasterCard and other card networks.

WorldRemit expands mobile money transfer services to Latin America

An agreement with Bancomer Transfer Services adds 15 countries to WorldRemit's list of receiving markets, the company's biggest single expansion to date.

More UK banks join Paym

Clydesdale Bank, Isle of Man Bank, NatWest, Royal Bank of Scotland, Ulster Bank and Yorkshire Bank are among the new banks that will offer Paym this year.

Square adds BLE support to Cash iOS app

Square today added the ability for its Cash iOS user to send or request funds from anyone nearby using Bluetooth technlogy, according to a press release The new feature, which is part of an update for iOS 8, lets customers...

Mobile Payments Today publishes State of the Industry report

MobilePaymentsToday.com surveyed consumers in the U.S., U.K., India and Brazil to discover how they are adapting to the growing mobile payments industry. Our fourth edition is available in five versions.

Blackberry expands BBM Money in Indonesia

New partnership with TransferTo will bring contact to contact airtime remittance enabled from within BBM.

Orange Money offers mobile transfers with Bank of Africa

Service is live in Madagascar and will be available in more countries in the coming months.

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Mobile remittance promises massive growth worldwide. This research center deals with the latest developments in person-to-person (P2P) mobile money transfers.