Western Union expands transfer options in 5 countries

Consumers in Austria, Belgium, Germany, the Netherlands and the U.K. have the option to fund online and mobile Western Union Money Transfer transactions using their bank accounts.

FEATURES


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.

Study predicts six-fold growth in mobile e-commerce payments by '17

Mobile payments for online purchases will increase from $18 billion worldwide in 2012 to an $117 billion in 2017.

Royal Canadian Mint conducts crypto-currency trial

Participants encouraged to use government-backed virtual currency for low-value and P2P payments.

Mobile and money remittance make a perfect match

Remittance companies must move into the mobile channel now or risk being left behind.

10 mobile payment predictions for Asia in 2014

Growth continues in the world's largest mobile market, leading to many intriguing possibilities this year and beyond.

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NEWS


Square updates Cash app; seeks more funding

Users can now send funds via text or email as company redesigns service with better transaction notifications.

Boston Fed provides update on mobile payments

Mobile Payments Industry Workgroup said industry and regulators are still trying to come to a common understanding about the different mobile technology solutions and how they impact the payments system.

Indonesian telecom adds mobile remittances

Some 60 million Indosat subscribers now have access to HomeSend, a joint venture between MasterCard, eServGlobal, and BICS.

Japanese bank intros Facebook money transfers

Rakuten Bank customers can send funds via the institution's mobile banking app.

Paym reaches 1 million registrants in the UK

Users have sent more than £6.5 million in funds using the P2P mobile app.

Barclays opens door to India with Pingit remittances

Senders will just need the recipient's phone number to complete the transaction.

UK Pingit users to have access to electronic gift cards

A week after the prepaid provider Blackhawk Network announced a partnership with the new Amazon Wallet, it aligns with Barclays for the bank's p2p mobile app.

Mobile payments coming to Snapchat?

Photo messaging mobile app Snapchat earlier this week filed two trademarks around processing peer-to-peer payments, funds transfers and online payments, according to an article from TechCrunch. The tech site reported that one of the trademards is for "computer application software...

Payments Council report claims UK leads the world in mobile payments

Following the April launch of Paym, a person-to-person mobile payment service, the U.K. Payments Council Thursday launched a research paper comparing mobile payments markets on an international basis.

Orange and BNP Paribas link mobile money transfer services in Africa

Orange and the BNP Paribas Group Monday announced a partnership that will offer retail banking customers in Africa direct access between their BNP Paribas account and their Orange Money account through their mobile phones, according to a press release. This...

Cumberland Building Society extends relationship with Alaric, NCR

The U.K.-based financial institution has deployed the U.K. Payments Council’s Paym mobile payment service using Authentic and Fractals software from Alaric, an NCR company.

Ingo makes SDK available to make check funding an option in mobile apps

Ingo Money Inc. on Monday announced in a press release the availability of its software development kit that allows financial institutions and prepaid card issuers to integrate Ingo Money's mobile account funding services into their native mobile apps, enabling consumers...

MyCheck collaborates with PayPal to expand pay-at-the-table service

MyCheck, a checkout app for restaurants, has collaborated with PayPal to enable consumers to pay at table through the PayPal app. According to a release, the app enables users to select a restaurant from a list, check-in to the venue,...

MoneyGram to enable money transfers through PicomoPay Facebook app

MoneyGram is teaming with PicomoPay to allow its consumers in the U.S. to send money transfers via PicomoPay's Facebook application to more than 336,000 MoneyGram agent locations in more than 200 countries, according to a press release.

U.S. Bank adds real-time P2P payments using Fiserv

Fiserv Inc. today announced in a press release that U.S.

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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.