Category Archives: Global News

Ericsson announces new m-commerce portfolio ahead of Mobile World Congress 2012

February 21, 2012   Editor   No comments
Ericsson

· Launch of new services within extended Ericsson M-commerce portfolio brings next generation m-commerce closer · Ericsson M-commerce portfolio designed to speed time to revenue, increase stickiness, cost efficiency and performance for Mobile Network Operators and financial institutions · Ericsson first technology enabler to integrate a charging system and money services solution · Foundation to

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Visa gears up to unveil digital ‘wallet’ in UAE

February 01, 2012   Editor   No comments
VISA

INACIO OLIVEIRA Visa, the electronic payments giant, which has its Middle East headquarters in Dubai, is gearing up to unveil the region’s first digital ‘wallet’ in the United Arab Emirates (UAE), and subsequently extend the facility to the other countries in the Middle East. “The Visa digital wallet facility will allow a consumer to store

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RedCloud Technology completes investment in Bolivia’s first mobile money platform for the unbanked.

January 30, 2012   Editor   1 Comment
redcloud

RedCloud Technology completes investment in Bolivia’s first mobile money platform for the unbanked. BlueOrchard , Corporación de Fomento a Iniciativas Económicas S.L, (CONFIE) Fundación para el Desarrollo Productivo y Financiero (PROFIN) , Iceni Mobile Ltd and RedCloud Technology Ltd Cambridge United Kingdom have completed a $ 1.2 million investment into Bolivia’s first mobile money platform,

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How Haiti is fighting poverty by killing cash

January 29, 2012   Editor   No comments
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By Margo Conner, Global Envision In Haiti, cash is escaping from wallets and savings accounts are breaking free from brick-and-mortar banks. Two years after 2010’s devastating earthquake, mobile money has taken off in the island nation. While the country has seen setbacks in many areas and continues to struggle, one bright spot is the transformation

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Visa Certifies Smartphones for Use as Visa Mobile Payment Devices

January 11, 2012   Editor   No comments
VISA

NFC-enabled smartphones from Samsung Electronics, LG Electronics, and Research In Motion approved for use with Visa payWave, Visa’s mobile application for payments at the point-of-sale. Visa Inc. (NYSE:V) and Visa Europe today announced that NFC-enabled smartphones from Samsung Electronics, LG Electronics and Research In Motion (RIM) have been certified for use with Visa’s mobile application

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Comviva Powers Banglalink’s Mobile Insurance Service

January 10, 2012   Emmanuel Okoegwale   No comments
Comviva

First ever mobile-based insurance service launched in South Asia. Comviva, the global leader in providing mobile solutions beyond VAS, today announced that Banglalink, the second largest cellular service provider in Bangladesh, with 24 million customers and 28% market share has launched mobile insurance premium collection service over its mobiquity™ Mobile Financial Services platform. Branded ‘Mobile

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Why Banks Shun 30 Million Americans

January 08, 2012   Editor   No comments

The Christian Science Monitor They are 30 million consumers, representing a quarter of U.S. households, who earn a collective $1.3 trillion a year. But banks don’t want to serve them, because they lose money. And the nonfinancial institutions who do serve them may not be offering them much value in the long term. Welcome to

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Vodafone signs up mobile payment guru Joseph

December 12, 2011   Emmanuel Okoegwale   1 Comment
Joseph Micheal

Katherine Rushton Telepgragh Vodafone has hired Michael Joseph, the father of mobile payments, to spearhead the global roll-out of its own m-payments business – and has also warned that Three is endangering Britain’s position in the burgeoning market. Mr Joseph, who spent a decade as chief executive of Safaricom, the Kenyan mobile operator, is credited

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Etisalat Afghanistan launches ‘mHawala’ mobile money services

December 04, 2011   Editor   No comments
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Mobile network operator Etisalat in partnership with Telepin Software has commercially launched mHawala, its new mobile money services platform in Afghanistan. Etisalat Afghanistan will be using Telepin’s Cayman Transaction platform for a full mobile financial services offering that includes central bank cooperation, banking ecosystem participation, utility merchant involvement, and salary disbursement, which enables complete mobile

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JN Money Transfer enters the Bahamian archipelago

November 28, 2011   Emmanuel Okoegwale   No comments
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JN Money Services Limited (JNMS), the remittance and bill payment services arm of the Jamaica National Building Society, recently entered into an exclusive agent relationship with the Bahamasowned Bramer Money Transfers (BMT), which trades as Cash N’ Go. The deal represents JNMS’ drive to further strengthen its position in the Caribbean remittance market. BMT is

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