Banking on mobile money
(PhysOrg.com) -- Many technologists and entrepreneurs have argued that mobile phones can empower people in the developing world by providing civic and commercial resources where traditional...
View ArticleSAfrica's MTN launches mobile insurance program
(AP) -- A South African mobile phone giant has joined with an insurance company to launch a program in Ghana that will allow subscribers to pay for life insurance through their mobile phones, a company...
View Article4 personal finance technology trends for 2012
(AP) -- If you're one of the holdouts still paying bills with checks, tracking your accounts with pen and paper or clipping coupons from the newspaper, 2012 could be the year you take the digital plunge.
View ArticleMobile money faces developed-world challenge
Instances of the so-called tail wagging the dog abound. Add to that club mobile-money services, the idea that you can make financial transactions of all kinds using only a cellphone.
View ArticleMobile money plan stumbles at start in Haiti
(AP) Getting money in Haiti can be a harrowing experience: Bank branches are few, most of them are in the capital and a simple transaction can take half a day. Cash machines are scarce as well, and...
View ArticleMasterCard launches new digital payment system
Credit card giant MasterCard announced Monday the launch of a new digital payment system that lets people use a wide variety of devices including smartphones to spend their money.
View ArticleBattle commences for 'mobile money'
Global financial groups battled Monday to control the lucrative future of "mobile money", which will enable people to use a smartphone to go shopping instead of cash and credit cards.
View ArticleMobile makers eye bonanza in Africa
Africa's mobile phone market, the fastest-growing in the world, is the last frontier for the industry with the promise of unlocked riches luring global interest including from Chinese handset makers.
View ArticleAfrica, Asia lead 'mobile money' boom
Africa and Asia are leading a global boom in the use of "mobile money" as millions turn to their mobile phones instead of coughing up cash or handing over credit cards.
View ArticleCompanies struggle to popularize mobile money
Mobile money may seem like a hot concept, but consumers aren't warming to it. At the world's largest cellphone trade show, here in Barcelona this week, the 70,000 attendees are encouraged to use their...
View ArticleQatari firm vows 'affordable' mobile access for Myanmar
Qatari telecoms giant Ooredoo on Friday pledged to introduce "affordable" phone services to Myanmar next year as it pumps $15 billion into one of the world's few remaining frontier mobile markets.
View ArticleRole reversal as African technology expands in Europe
Africans have long used technology developed abroad, but now a Kenyan cash transfer network which bypasses banks is being adopted in Europe.
View ArticleDwolla a new player in electronic money transfers
(AP) -- Just as plastic rendered paper checks nearly obsolete, gadgets may soon do the same to credit and debit cards.
View ArticleTwitter already making money, CEO says
Twitter, the world's most popular micro-blogging site, is already making money and must become even simpler and more unified across platforms in the future, Chief Executive Dick Costolo told the...
View ArticleGrowth eyed in Indian mobile banking sector
Hundreds of millions of poor Indians who have no access to financial services could benefit from mobile banking, experts say, as cell phone use grows at breakneck pace.
View ArticleSquare streamlines payment via mobile 'tabs'
Square, Jack Dorsey's mobile payments startup, was founded on the idea that it could simplify the way the world pays for goods and services.
View ArticleAnalysis says $79 Kindle costs $84 to make
A recent analysis from IHS iSuppli determined that Amazon's $79 Kindle e-reader, which is the online retailer's cheapest Kindle thus far, costs $84.25 to make.
View ArticleMobile money transfers gaining currency with consumers
If you need to pay a baby sitter, send money to a kid in college or reimburse a friend for lunch but don't have your checkbook or cash on hand, pick up your smartphone.
View ArticleTwitter expands ad program to mobile users
Twitter said Tuesday it was expanding its advertising program to mobile users, the latest bid by the short-messaging service to boost its money-making efforts.
View ArticleJapan's Softbank ties up with eBay in online billing
Internet auction giant eBay and mobile phone operator Softbank said Wednesday they were teaming up to bring the US firm's PayPal online billing system to Japan for the first time.
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