Indian company intros mobile money products

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

FEATURES


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.

Mobile is no longer an alternative channel for banks

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.

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.

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NEWS


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.

M-Pesa expands reach in Africa

Kenyan and Tanzanian users can now send funds to each other's mobile wallets.

Three more Kenyan banks link to M-Pesa

Transfast announced partnerships with three leading Kenyan banks for instant deposits, and the launch of the M-Pesa service

MasterCard expands mobile remittance services in Africa

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.

Report: GSMA finds mobile money customers continue to grow

Mobile money is now available in 61 percent of developing markets.

Bitcoin exchange gains access to M-Pesa through acquisition

The bitcoin exchange, named igot, buys TagPesa crypto exchange and remittance gateway.

More mobile money interoperability comes to Africa with Tigo Pesa

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.

Tweet a payment with Barclays' Pingit mobile app

Consumers will also be able to us the service starting next month to pay small businesses.

Transfast latest entrant into mobile remittance market

Company's app features Apple Touch ID and scan technology for added security.

ICICI Bank digs into its Pockets for new mobile wallet in India

The bank describes Pockets as a digital bank with a mobile-first interface.

CO-OP relaunches mobile banking app with new features

CO-OP Mobile users now have the ability to send P2P payments and conduct remote check deposits.

Shazam adds speedy P2P transfer option to Bolts mobile app

Besides fraud prevention features, the app now includes a funds transfer service for accounts on the Shazam Network — and an interactive ATM locator.

Paym mobile payments service nears 2 million users in UK

Consumers have transferred more than 26 million pounds in funds since April.

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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.