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mobile banking
Off the Wire

India leads mobile banking charge but perhaps not for much longer: report

May 1, 2018 News Centre 0

India leads the world for regular mobile banking usage as a proportion of online consumers with current accounts, but growth is slowing, while Sweden has risen to second place in the global rankings thanks to Read more…

mobile money
Off the Wire

GSMA launches scheme to certify mobile money service providers

April 13, 2018 News Centre 0

The GSMA has launched a global scheme for mobile money providers to offer safer, more transparent and more resilient financial services to millions of mobile money users around the world. Announced at the industry organization’s Read more…

aba bank smart axiata
Off the Wire

ABA Bank enables real-time money transfers with SmartLuy wallet

October 23, 2017 News Centre 0

Cambodian commercial bank ABA Bank has expanded its partnership with cellco Smart Axiata to connect ABA accounts with Smart’s SmartLuy wallet for fund transfer services. Under the expanded partnership deal, customers now can execute money Read more…

Views

Criminals are exploiting SS7 and SMS-based authentication to drain bank accounts

May 12, 2017 John C. Tanner 0

ITEM: Cyber criminals are reportedly exploiting long-existing security flaws in the SS7 signaling network to hack SMS-based two-factor authentication for banking services and successfully steal money from their customers. That’s according to Motherboard, citing a Read more…

data science
Off the Wire

Mobile financial services plus data science could boost prepaid market by $70b: Juvo

May 4, 2017 News Centre 0

Mobile financial services driven by data science will significantly impact the global pre-paid market, increasing operator revenues by as much as $70 billion, claims a new report from mobile identity scoring firm Juvo. According to Read more…

News

Rumor: Apple seeks partners to launch money-transfer service

April 28, 2017 News Centre 0

(Reuters) – Apple has held talks with payments industry partners about launching a money-transfer service, technology news website Recode reported on Thursday. The service will allow iPhone owners to transfer money digitally to other iPhone Read more…

remittance
Off the Wire

Singtel and Telkomsel launch real-time mobile remittance for Indonesian migrants

March 28, 2017 News Centre 0

Singtel and Telkomsel have launched a real-time mobile remittance service to Indonesia offered by SingCash under the Singtel Dash brand. The new service allows customers in Singapore to send money to PT Pos Indonesia’s 4,500 Read more…

mynt
Off the Wire

Ant Financial and Ayala take minority stakes in Globe Telecom’s Mynt

February 21, 2017 News Centre 0

Globe Telecom has announced that Alibaba-owned Ant Financial Services Group and Ayala will invest in Mynt – a.k.a. Globe Fintech Innovations, a wholly-owned subsidiary of Globe Capital Venture Holdings (GCVHI) under Globe Telecom – with Read more…

News

Bharti Airtel commits $441m to launch payments bank

January 13, 2017 News Centre 0

MUMBAI/NEW DELHI (Reuters) – Bharti Airtel, India’s top wireless carrier, on Thursday unveiled a so-called payments bank, committing an initial investment of 30 billion rupees ($441 million) to build a nationwide network. Airtel Payments Bank Read more…

Off the Wire

Airtel Payments Bank opens live mobile digital banking pilot in Rajasthan

November 25, 2016 News Centre 0

Airtel Payments Bank, a fully digital bank and a subsidiary of Bharti Airtel, has rolled out a pilot banking service in Rajasthan, with the goal of testing systems and processes ahead of a full scale Read more…

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