Barclays to support Zapp in the UK

After almost a year of delays, Vocalink plans to launch the system in October.

FEATURES


A voice for mobile carrier commerce

One long-time industry supporter is exploring the formation of a group that would help promote the benefits of direct carrier billing and mobile money services worldwide.

Past is prologue: Maximizing future ignition of mobile money

Dan Glessner, the chief marketing officer at Quisk, wrote a blog post about what the industry can do to help strengthen this sector.

Bitcoin 'rebittance': serving the financially underserved

With remittance fees as high as 12 percent, many migrant workers are stuck in a bind. Hence, some migrants are turning to bitcoin "rebittances" as a less expensive alternative.

Out of Africa: AML compliance for mobile payments

John A. Cassara, a former U.S. intelligence officer, shares his experiences from his time in Lesotho.

Google gets back into mobile payments with Android Pay

The new system is similar to Apple Pay, but there are some differences in the way Google will present its mobile wallet to consumers.

A look inside consumers' security concerns about emerging payments

When Facebook announced Messenger payments in March, some users weren't thrilled about the idea of giving their debit card information to the company. But one security expert believes consumers should be more worried about the safety of their overall digital identity.

MasterCard Send debuts as faster alternative to ACH payments

The service is being touted as the first of its kind to enable businesses, merchants, governments, nonprofits and issuers to transfer funds to consumers' checking accounts via any U.S. debit card, including non-MasterCard debit cards.

Top 3 benefits of mobile payments in Africa

Eran Feinstein, founder of 3G Direct Pay Limited, discusses the opportunities and challenges for mobile payments on the continent.

Working together to deliver faster payments

Matt Wilcox from Fiserv discusses the need for the industry to come together to improve the US payment system.

Remitly plans to expand mobile remittance reach with new funding

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.

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NEWS


Western Union expands services to Rwanda and Ivory Coast

The new service enables MTN customers in both countries to receive a Western Union money transfer transaction in their mobile wallet.

PayPal acquires Xoom in $890 million deal

Xoom is considered one of the leading international remittance companies in the U.S. It enables consumers to send funds to, and pay bills for, family and friends worldwide using their mobile phones, tablets or computers.

Yandex Money app coming to Nokia Lumia smartphones in Russia

Yandex said in the announcement that Microsoft will make the app available on Nokia Lumia smartphones this summer after a Windows Phone update.

Cellum to supply mobile wallet tech to Indonesian smart device-maker

Cellum will develop and operate ECPAY, a mobile wallet that enables consumers to use it for bill payment, prepaid phone account top-up, peer-to-peer funds transfers, QR-code payments and online checkout.

Report: Africa leads the way for mobile money services

Several African mobile operators — such as Vodacom Tanzania and MTN Uganda — are now generating more than 10 percent of their revenues from mobile money.

Banks officially launch clearXchange real-time payments

Bank of America, Captial One, JPMorgan, US Bank and Wells Fargo own the network and will bring bank-to-bank payments to more than 100 million account holders.

US Bank renews contract with Fiserv for financial services

The FI will continue to offer its customers CheckFree RXP, Popmoney and TransferNow.

Virtual Piggy updates P2P app for teens

The Oink app enables consumers to manage their mobile wallet and acts as a standalone mobile account.

Russian online payment service partners with Western Union

The collaboration will enable Yandex Money users to transfer funds overseas from the company's website, an e-wallet, or a card linked to an e-wallet account.

Transfast adds Pakistan for mobile money transfers

The company this past week launched mobile and online money transfer to nine banks in Pakistan.

Transfast expands mobile, online funds transfer service into China

Direct bank transfers can be sent to all major Chinese banks.

United Nations seeks cash-based transfers system for food program

The organization invites interested potential service providers to express their interest by completing the Request of Information downloadable.

Mobile financial services grow in Latin America and the Caribbean

The GSMA said in a report that the two regions boast a total of 37 mobile money services accounting for approximately 14.9 million registered users across 19 countries.

India's Axis Bank enables mobile transfers to social media contacts

A new mobile app called Ping Pay will enable accountholders to send funds and mobile minute top-ups to contacts on social and messaging channels such as WhatsApp, Facebook and Twitter.

Xoom brings mobile money transfers to Sri Lanka

Xoom has partnered with Sampath Bank, one of the largest banks in Sri Lanka, to offer instant deposits to Sampath Bank accounts in Sri Lanka.

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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.