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Articles tagged with: Mobile Banking
International mobile money transfer services to exceed $65bn by 2014
According to a new report from Juniper Research the international mobile money transfer market will be worth in excess of US$65 billion by 2014, based on gross transaction values - driven principally from migrant workers based in developed countries. more
Related Tags: mobile-money
Transactions of Long Awaited Mobile Money Rise in Europe
Both mobile operators and banks are turning to mobile transactions to foster loyalty and drive revenues. Ranging from vouchers and bank balance checks to remitttance and top-up payments, mobile money is finally coming to fruition in both the banked and unbanked sector, while near field communication (NFC) promises to be the pot of gold at the end of the rainbow. more
Related Tags: mobile-payments, security
Mobile-Banking Lagging Due To Ineffective Marketing by Banks
Banks' marketing efforts are not keeping pace with their actual mobile-banking services, and the imbalance is causing limited adoption of mobile-banking by consumers, reports a study by Javelin Strategy & Research. more
Over half a billion people to use mobile money transfer services by 2014
According to new analysis from Juniper Research, consumer demand for mobile money transfer services will see users exceed 500 million globally by 2014, principally in developing countries. more
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Telenor Launches Mobile Banking Service in Pakistan
Telenor Pakistan and Tameer Microfinance Bank together have announced the launch of a mobile banking service, which is being branded as "easypaisa". Customers of the mobile network operator will be able to make bill payments and send and receive money at thousands of outlets and in addition manage their bank accounts over their mobile phones. more
Related Tags: telenor, play, security, life, Pakistan
Kenyans Living in the UK Can Send Money to Mobile Phones in Kenya
Kenyans can now receive money from friends and family in the United Kingdom directly to their M-PESA mobile banking accounts. The launch of the international component of M-PESA, managed by Safaricom follows a successful pilot project with selected outlets in the UK. more
Related Tags: safaricom, m-pesa, UK
With 'Splash Cash' Sierra Leoneans Move Money By Mobile Phone
Mobile banking has already taken off in Southern and Eastern Africa. Sierra Leone is now one of the few West African countries with a service providing mobile phone transactions. more
Related Tags: three, Sierra Leone
Mobile Banking Survey Reveals Untapped Market Among Offline Banking Consumers
A survey of more than 500 American mobile phone users suggests that financial institutions should mine the untapped market of offline-banking consumers as a potential target audience for mobile banking and payment services. more
Related Tags: base, security, USA
Western Union, Maxis to Launch Mobile Money Transfer Service in Malaysia
Malaysian mobile network operator, Maxis has teamed up with Western Union to launch a service that would allow Maxis subscribers to send cross-border remittances directly from their mobile phones. The service is expected to be rolled out in early 2010. more
Related Tags: maxis, western-union, Malaysia
Bulgarian Operator to Test Mobile Banking and Payments
Bulgarian mobile network operator, Globul has started a pilot project for the development of a service for bank payments via the mobile phone. The project, unique for Bulgaria is jointly developed with the banking operator SEP Bulgaria, Alliantz Bank Bulgaria and Post Bank, as well as with the participation of different commercial chains in the country. more
Related Tags: globul, Bulgaria