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

Research in Motion partners with UAE

Editor Mobile

Blackberry maker Research In Motion (RIM) has announced a series of partnerships with the United Arab Emirates’ telecoms regulator just weeks after the state threatened to block Blackberry services. According to reports, the company has unveiled plans to launch mobile banking and online payment systems in the Middle East, along with a Blackberry application that will allow Dubai-based users to …

EditorResearch in Motion partners with UAE

Telkom Kenya Planning to Start Mobile-Money Transfer Services soon

Editor Mobile

Telkom Kenya is planning to introduce mobile-banking services by the end of this year in partnership with Main local bank. According to the Communications Commission of Kenya, East Africa’s Mobile-phone operators are spreading into banking products to solve the problem of the country where four out of every five people don’t have a bank account. Penetration of mobile phones in …

EditorTelkom Kenya Planning to Start Mobile-Money Transfer Services soon

Mobile banking 19% cheaper than traditional banking

Editor Mobile

www.WirelessFederation.com/news: According to a research, when compared to traditional bank services, mobile banking services are on average 19% cheaper. It has also been found that the lower the transaction value, the cheaper mobile banking is, in comparison with formal banks. Mobile banking is also found out to be 54% cheaper than informal options for money transfer. It has also been …

EditorMobile banking 19% cheaper than traditional banking