Airtel, Vodafone, Aditya Birla Nuvo, and Tech Mahindra are among 11 applicants to have been granted "in principle" approval by the Reserve Bank of India to launch payments banks, in a bid to achieve universal access to financial services in the country.
Online payment service provider PayFort has announced the launch of its installments service in the United Arab Emirates, Saudi Arabia and Egypt.
MVNOs Effortel and Equitel are joining forces to provide Kenyan mobile subscribers with a new integrated banking service.
Bharti Airtel’s mobile wallet customers in Niger can now transfer money into other African nations for the first time.
Novatti has been appointed to supply a mobile money and mobile banking platform for Tanzania Telecommunications Company Limited (TTCL) in Tanzania.
Visa has denied reports that it is shutting down the mobile payments firm Fundamo, which it purchased in 2010 for $110 million.
Ericsson has announced that MTN Swaziland has deployed Ericsson Converged Wallet, enabling the operator to quickly introduce relevant, new and differentiated mobile financial services.
Nomanini has announced it has signed an agreement with Transactions Solutions Ghana Limited to substantially scale numbers of its cloud-based PoS terminals in Ghana.
Virgin Mobile Saudi Arabia will expand the variety of payment options it offers to mobile subscribers in the Kingdom via an agreement with Payfort.
Global payments provider Novatti has formed a joint-venture with ATX Malaysia Sdn Bhd to launch a nationwide payment service.
Uganda’s mobile money operators were spared legal action after the country’s Commercial Court dismissed a challenge to the legality of mobile financial services.
Customers of M-Pesa and MTN Mobile Money in East Africa will be able to transfer money to each other following an agreement between Vodafone Group and MTN Group to interconnect their mobile money services.
Afghan m-commerce provider M-Paisa is partnering with electrical company Da Afghanistan Breshna Sherkat (DABS) to allow bill payments via mobile money transactions.
Vodafone M-Pesa has launched its first international money transfer corridor between Tanzania and Kenya.
Bharti Airtel and Visa have partnered to bring mobile payment services to seven markets in Africa.
Millicom’s Tigo Pesa mobile money service is becoming the first in Africa to allow transactions with users of other mobile money networks within the same market.
BelCash Technology Solution PLC has partnered with two banks to launch HelloCash mobile money services in Ethiopia.
A new service will enable customers of Orange and the pan-African banking group Ecobank to transfer money between their respective accounts.
Zambian airtime distributor StreetCred has partnered with Nomanini, a South African-based mobile point of sale service that specialises in facilitating cash transactions in informal markets.
The Angolan Investment Bank (BAI) has launched a new mobile payment service called e-Kwanza.
The State Bank of India has selected Mobile Financial Services solutions from Amdocs and Triotech in order to offer the services to India’s unbanked and under-banked population.
Under new guidelines issued by the Reserve Bank of India, the country’s mobile operators will be banned from implementing mobile payments services into their established retail networks.
Telenor Myanmar is launching a mobile banking offering in partnership with Yoma Bank.
MTN Uganda has deployed Ericsson’s Converged Wallet platform, enabling the operator to quickly introduce relevant, new and differentiated mobile financial services offerings.
Tigo Senegal has launched a new Tigo Cash service based on Ericsson’s Wallet Platform Solution.
Econet Wireless and Mahindra Comviva are debuting the latter’s connectMoney Service Manager in Zimbabwe.
Kenya’s Equity Bank will be issuing an ultra-thin mobile banking smart SIM featuring technology from SIM manufacturer Taisys.
Orange and Bank of Africa have expanded their partnership to offer direct transfers between accounts via mobile.
Millicom’s Tigo has launched the world’s first mobile money service that provides customers with interest returned directly to their wallet.
The iPhone is the perennially popular handset, in demand across the world. It is seen as the standard by which the luxury smartphone market is measured, but since the release of the iPhone 5 in 2012 the iPhone’s star has perhaps fallen slightly, with each new iteration being criticised for a lack of true innovation.
Reliance Communications is introducing a mobile banking service that is entirely handset-agnostic.
The Peruvian National Bank Association ASBANC has chosen Ericsson's Wallet solution to power next-generation mobile financial services.
Zain Sudan has launched the country’s first ever mobile Mobile Financial Service called ‘Hassa’, in partnership with the Bank of Khartoum.
Orange and the BNP Paribas group are offering retail banking customers in Africa direct access between their BNP Paribas account and their Orange Money account through their mobile phones.
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