Japanese operator Softbank Mobile is set to trial contactless payment technology, having tapped up security firm Gemalto for the project.
Serbian mobile operator, Telenor, has become the first carrier in the country to enable its subscribers to use mobile phones to access their bank accounts and pay for goods and services. The operator is working with corporate and financial group, Erste Bank, and France’s largest retail banking group, Agricole to offer the services.
Informa Telecoms & Media held its annual Mobile Financial Services conference on March 9-10 in London. The conference presented a good opportunity to hear views from leading industry experts on the status of the mobile banking and payments industry.
The earthquake that hit Haiti on Jan. 12 is a tragedy of devastating proportions. The official death toll stood at 111,500 as of January 24, according to the Haitian government officials, with another 200,000 people reported injured. Just 132 people were pulled alive from collapsed buildings in the past two weeks. In addition to losing their loved ones and their homes, millions of Haitians also lack the basic necessities of life: food, water and clothing among them. It is a desperate situation.
There are several fundamental financial transaction issues faced by 100′s of millions of adults in Africa on a daily basis, ranging from the ordering and payment of goods and services, to the challenges of traditional banking, bill/tax payments, salary withdrawals and international remittances.
UK cellco O2 recently announced that it is entering the personal-finance sector with the launch in August of two prepaid Visa cards in conjunction with NatWest bank. In a press release issued by O2, a NatWest executive is quoted as saying that these “groundbreaking” cards will “really raise the bar in terms of the added value customers will get from the interaction with their mobile phone.”
Telefonica’s UK mobile operation, O2, has pushed into the financial services space, teaming up with bank NatWest to launch a prepaid debit card.
Last year, despite the advancing global economic malaise, mobile financial services gained traction-particularly in developing countries. From enabling m-payments via SMS, to full internet banking via a smartphone browser, it looks like we’ll be seeing a lot more mobile money in the future.
To date, predictions that the mobile phone will one day replace the humble leather wallet have gone largely unfounded, despite a growing number of mobile payment and banking services being made available worldwide.
Mobile operator Orange UK said Monday that it has teamed up with Barclaycard to develop a range of mobile payment services based on NFC (Near Field Communications).
A step in the right direction but does it go far enough?
Sharing an allowance among family members is one ...
I agree with Dan about this being a excellent read, and that QNX is not well known but sooner or ...
Excellent read with some actual facts compared to the hack journalist/bloggers on the interest. Many don't understand what QNX ...
The main issue with Telenor is that whether they made underhand payments to ge the licenses. If they did, then ...
Over The Top providers have become the staple wildcard in almost any sector set on a collision path with mobile. By and large they are very good at what they do: connecting a user with their chosen content or service by whatever means available.
Loading ...