Despite growth, Vodafone plans to shut down the M-Pesa service in South Africa on June 30
Vodafone Group said it recently passed 25 million active customers for its M-Pesa mobile money service M-Pesa, having hit 25.3 million users at the end of March. The carrier...
African operator aims to launch advanced mobile financial services
Mobile telephony operator MTN Swaziland has deployed Ericsson Converged Wallet, which will enable the African telco to launch differentiated mobile financial services. The rollout is expected to benefit more than 275,000 existing MTN Swaziland mobile wallet users...
Vodafone and MTN, two of the largest mobile money providers in Africa, announced plans to interconnect their services in seven East African countries. The partnership will allow M-Pesa and MTN Mobile Money customers to transfer money to each other using their mobile devices in Kenya,...
In a first-of-its-kind move, FDIC will back Google Wallet
WASHINGTON – In a landmark announcement, the Federal Deposit Insurance Corp. will now insure money held in Google Wallet accounts.
The federally run program insures all deposits in U.S. banks up to $250,000. The move will be...
Brazil's antitrust agency, the Administrative Council for Economic Defense, gave Telefónica the green light to acquire GVT on March 25. Following the approval, the local unit of the Spanish group announced changes in executive leadership. GVT CEO Amos Genish will take the helm as president and CEO...
LAS VEGAS – The 2015 Consumer Electronics Show kicked off Monday with Pepcom’s Digital Experience in Las Vegas, where attendees demoed the latest in the "Internet of Things," mobile money, connected cars and other hot tech products.
In the IoT space, Wink is a smartphone application...