Mobile Finance

As mobile payments in emerging markets become ever more advanced, a new development will offer subscribers in Africa and the Middle East a full suite of high quality financial services...

 Consumer and business customers in China will soon have access to services based on Serve, a next-generation commerce technology...

A major Bangladeshi cellular service provider has launched a mobile insurance premium collection service...

As the single point for the clearing of all cheques and Electronic Funds Transfer transactions in the country, the Central Bank of Kenya clearing house can ill afford any database downtime...

Congolese communities living abroad are now able to make use of internationally extended top up services offered by one of the country’s major operators...

Financial transactions via mobile phone will soon be possible in ungoverned East African nation of Somalia...

Egyptian communities living abroad can now access an international top up service to recharge relatives’ phones back in Egypt...

One of the most prolific mobile financial services available in Africa will soon expand further via a new partnership...

Mobile financial services are big business in emerging markets, where mobile phone owners drastically outnumber those who have bank accounts. However, these services have typically been somewhat exclusive, operating on a ‘closed-loop’ system wherein the financial services network of one provider isn’t interoperable with wider global payment systems...

A major African ICT provider will soon be able to deliver advanced MFS and networking solutions across sub-Saharan Africa...

A leading technology firm has created a solution which allows an NFC card emulation solution to fit into a standard SIM card form factor and still achieve industry-standard four cm proximity transaction performance...

A new mobile payments service is launching in Nigeria by a consortium focused on increasing mobile payment usage in the country...

obile payment services based on NFC (Near Field Communication) technology will soon be offered by UAE-based operator Etisalat, in partnership with Mastercard Worldwide and Network International...

Mobile banking services could be set to take off in Latin America following the announcement of a joint venture between the region’s most prolific operator, America Movil, and the US bank Citigroup...

A new remittance corridor has been launched connecting Morocco to Belgium. The initiative has been implemented by Moroccan money transfer specialist Wafacash...

A new financial institution in Mozambique has launched a mobile financial service aimed at the country’s unbanked population...

Mobile money services have been launched in Nigeria by Lonestar Cell GSM, a member of the MTN Group...

Mobile financial services are a hot topic - and nowhere is this more apparent than Africa, a continent with millions of unbanked mobile phone users. However, massive growth potential could may not be enough for investors if the cost of implementation is too high. DT editor James Barton spoke to Peter de Villiers, co-founder of Clickatell, to find out how to stop expenses from escalating...

The success of Kenya’s M-Pesa mobile money service has been underlined by the revelation that the service is now the country’s single largest source of revenue for its owner, Vodafone...

Payment services based on near field communication (NFC) technology will be made available in Hungary via an agreement between the country’s three mobile operators, who will work together to develop NFC infrastructure...

Latin American operator Telefonica is launching its mobile financial services offering – and has declared that it will avoid the pitfalls that affected early mobile money deployments in Africa and Asia...

The lack of consensus between telecoms and financial institutions, in terms of an equitable split of mobile payments revenues, decelerated the expansion of the mobile payments market in Central and Eastern Europe (CEE)...

Chilean mobile users are now able to top up their phones electronically with the launch of a new mobile wallet service...

Consumers can now send money directly to the mobile “wallets” of Safaricom M-PESA subscribers in Kenya from 45 countries and territories...

Mobile commerce and financial services are currently being trialled in Libya as part of a new global partnership between Nokia Siemens Networks and MoreMagic Solutions...

Customers in 16 African countries will be able to make financial transactions across Airtel Africa’s network, following the deployment of Pyro’s Transaction Hub platform – the world’s first mobile virtual card...

A new payment service has been introduced in Serbia by the network operator Telenor. Named PlatiMo, the service allows customers to pay their bills and perform other financial services via their mobile phones directly from their bank accounts...

One of Latin America’s leading electronic top-up service platforms, Movilway, is now expanding into Mexico to offer electronic top-up for prepaid users...

Customers in Argentina and Brazil will soon be able to make domestic and international online payments, following the announcement that global eMoney network Ukash is expanding its footprint into these countries...

Mobile payments could soon be greatly facilitated across Latin America following the announcement of a new joint venture between MasterCard and Telefonica...

Haiti’s first mobile money service has been launched by Voilà and Unibank, following a successful nine month pilot which provided the international relief and development agency Mercy Corps with a secure, cost-effective method of distributing money across Haiti to support reconstruction efforts...

Banglalink, a wholly owned subsidiary of Orascom Telecom and a leading operator in Bangladesh, has won the International Association of the Money Transfer Networks (IAMTN) “Best New Service” Award for Mobile Remittance services, powered by Comviva’s mobiquity mMoney.  This is the first international remittance service available via the mobile phone in South Asia...

The success of mobile financial services in Africa is well known throughout the industry: the proliferation of mobile phones has transformed attitudes across the continent towards banking. Speaking to some of the market’s key players, Developing Telecoms asked what it is that makes the services so compatible with the market...