Transfast adds Pakistan for mobile money transfers

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

FEATURES


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.

Facebook adds payments to Messenger

New feature is similar to offerings from Snapchat and Venmo.

A cashless, mobile day in London

Andrew Hull, the strategy director for Pocket App, wanted to see if he could survive without cash for 24 hours.

A conversation on all things mobile: Banking, payments, and Costanza

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.

A holistic mobile payments strategy goes beyond the point of sale

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.

The Kessler Effect and today's crowded payments ecosystem

Dan Kramer, the senior vice president of marketing and merchant services for SHAZAM, wrote about how new entrants in the marketplace can be successful.

2014 in review, part II: Security, bitcoin, carrier billing, and mPOS

Data breaches were a hot-button topic in 2014, maybe even more so than Apple Pay.

See More »

NEWS


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.

M-Pesa, MTN Mobile Money align services in Africa

Customers of M-Pesa and MTN Mobile Money in East Africa will be able to transfer money to each other following an agreement between the two companies.

Robocoin rolls out Romit cash remittance app

The company will exit the Bitcoin ATM business in order to focus on implementation of Romit software, which enables ATMs, kiosks and human cashiers to send money around the globe

Global report shows big strides in reducing numbers of unbanked

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.

Microsoft Payments on the horizon

Microsoft has applied for state money transfer licenses to act as a money transmitter.

BitSpark secures funding, announces partnership with Bitgo

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 enables Skype credit top-up at agent locations

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.

Indian company intros mobile money products

Movit is a suite of products catering to the burgeoning mobile payments market in the region.

Square eyes businesses with new Cash features

Merchants now can use the app to get paid for goods and services.

Report: Business pros lean on mobile payments

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.

Paytm expands mobile wallet capabilities in India

Users can now send funds to any bank account in the country.

See More »

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