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Movit is a suite of products catering to the burgeoning mobile payments market in the region.
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.
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.
The bank describes Pockets as a digital bank with a mobile-first interface.
CO-OP Mobile users now have the ability to send P2P payments and conduct remote check deposits.
Besides fraud prevention features, the app now includes a funds transfer service for accounts on the Shazam Network — and an interactive ATM locator.
Consumers have transferred more than 26 million pounds in funds since April.
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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