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Mobile Money Transfer Explained
M-Com and electronic banking service provider Fawry have launched their mobile banking and payments infrastructure services. Based on M-Com’s mobile payments and banking solution – BankAnywhere – Fawry Banking and Payment Technology Services will enable banks to offer a broad range of mobile payment, alerting and banking services to their customer base. "Fawry is [...]
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Obopay introduces ‘Family Accounts’
Fundamo offers solutions for enterprise mobile financial services, and has a track record of success serving many different operators and banks. In Q1 2009 Fundamo formally announced a $9.7 million partnership with MTN to launch their ‘MobileMoney’ service in 21 countries. MobileMoney is already in production, and in varying stages of commercial launch in 10 [...]
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PostFinance launches P2P service
Obopay has announced the Obopay Family Account that lets parents send money to their children – or any family member – instantly from any mobile phone. With Obopay’s Family Account, parents get an Obopay Family Prepaid MasterCard issued by The Bancorp Bank for any child at least 13 years old, which can be used in-person, [...]
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Sybase 365 team with Swisscontact for MMT
PostFinance is the first financial institution in Switzerland to give its customers access to simple banking services via their mobile phones. It now allows them, for example, to transfer money from one account to another by text message. To use the new service, the customer must have a postal account and must register once. [...]
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Western Union team to offer mobile bill payments
Sybase 365 will team with Swisscontact to provide sustainable development of Mobile Money Transfer (MMT) and Mobile Money for the Unbanked (MMU) services in emerging markets. “In order to build a favourable environment for end-to-end MMT and MMU solutions, regulatory, technological, financial and educational challenges need to be resolved,” comments Matthew Talbot, VP, m-commerce, Sybase [...]
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