Mobile banking will soon be possible without accessing the internet (India)

Editor Mobile

Banking will have a new look with some of the jigsaw pieces slowly falling into place. Almost all dealings between a customer and her bank will be possible with a basic handset and without accessing the Internet. The telecom regulator will soon ask telcos many of which have been resisting for years to enable bank-authorized mobile payment companies to offer …

EditorMobile banking will soon be possible without accessing the internet (India)

Mobile banking to pass online banking worldwide by 2019

Editor Mobile

According to the latest study from Juniper Research, mobile banking users are expected to pass online banking users by 2019. Over 1.75 billion mobile phone users will have used their devices for banking purposes by the end of 2019, compared to 800 million this year.┬áThe scale of the shift has been confirmed by the decreasing number of branch visits by …

EditorMobile banking to pass online banking worldwide by 2019

Digicel Papua New Guinea extends 3G network

Editor Mobile

Papua New Guinea’s operator Digicel has added twelve new 3G sites, with another 58 anticipated to go live in the next two months. This will bring the number of 3G-enabled sites to 395 and is part of Digicel’s upgrade programme, stretching across all four regions, as reported by the National. Sales and distribution head Michael Townsley stated┬áthese 3G sites were …

EditorDigicel Papua New Guinea extends 3G network

Monitise to offer new app for UK BlackBerry users

Editor Mobile

Mobile banking software provider Monitise will offer a new banking app for UK BlackBerry smartphone users this summer. The new app will deliver a high quality look, feel and user experience specifically tailored for BlackBerry smartphones. The app functionality is being developed via Globe, Monitise’s technology platform which allows financial institutions, service providers, payment companies and processors to create a …

EditorMonitise to offer new app for UK BlackBerry users

Global mobile transaction value to reach $1 Trillion by 2014

Editor Mobile

A research report has revealed that while mobile transaction usage is growing, consumers show little willingness to pay for these services. The researcher’s predict unparalleled growth in mobile transactions worldwide, with the total value of global mobile transactions increasing from $162 billion in 2010 to $984 billion in 2014. However, according to a survey result, less than 10% of respondents …

EditorGlobal mobile transaction value to reach $1 Trillion by 2014

Airtel, Vodafone set to offer mobile banking (India)

Editor Mobile

Banking services on mobile phones are all set to bring revolution in the mobile industry. The country’s two leading Cellphone companies have announced separate tie-ups with the largest banks here to provide financial services on handsets. Bharti Airtel has formed a 49:51 joint venture with State Bank of India to provide mobile banking and other financial services, targeted at the …

EditorAirtel, Vodafone set to offer mobile banking (India)

Google acquires mobile payment company Zetawire

Editor Mobile

Google has acquired Zetawire, a small stealth startup focusing on mobile payments. Zetawire was in the early stages of development, but 451 Group has uncovered that the startup was granted a patent for mobile banking, advertising, identity management, credit card and mobile coupon transaction processing. Terms of the deal, along with when the acquisition plans began are unknown; however, the …

EditorGoogle acquires mobile payment company Zetawire

UBA bank buys Nigerian mobile banking license

Editor Mobile

United Bank for Africa plc, one of the largest banks in the country has received approval from the Central Bank of Nigeria (CBN) to deploy mobile banking on its platform. The new license will benefit at least 54 million unbanked Nigerians, about 70% of the population. According to Group Managing Director of UBA, Philips Oduoza, the CBN has approved the …

EditorUBA bank buys Nigerian mobile banking license

France Telecom, Vodafone struggle to Regain Services

Editor Mobile

Vodafone Group Plc, France Telecom SA and other phone companies have been eclipsed by Apple Inc., Google Inc. and Facebook Inc. in one of the most lucrative pieces of the booming smart phone market services. Now, they’re trying to recover lost ground. The operators are planning to go beyond ringtones and links to radio and television channels to offer services …

EditorFrance Telecom, Vodafone struggle to Regain Services