Study claims Financial Identity as a Service could add $250 billion to global GDP
A report published by Oxford Economics has looked into the implications of bringing into the financial system the millions of people currently excluded from it.
A report published by Oxford Economics has looked into the implications of bringing into the financial system the millions of people currently excluded from it.
Not content with trying to create a new global currency, Facebook now lets you pay for stuff through all its apps.
Internet financial services giant PayPal is the first member of the Libra coalition to jump ship and probably won’t be the last.
As promised by CEO Tim Cook during the last earnings call, the Apple Card is set to debut this month, with the team already taking applications from consumers.
Some new research commissioned by mobile financial services company Juvo has concluded operators are wasting loads of cash through prepaid churn.
US mobile payment processing outfit Square reckons its new stand will empower small businesses in a way that traditional financial services have failed to do.
Orange has kicked off 2017 with a solid (albeit not mind blowing) first quarter, reporting 0.6% year-on-year growth, but is starting to show some real momentum in the convergence arena.
Orange has made a significant stride in mobile banking by acquiring a majority stake in financial services firm Groupama.
A study into attitudes to mobile financial services suggests that Europeans could be a lucrative target market for telcos in the next 12 months.
Swedish vendor Ericsson has announced its entry into the mobile financial services market, with the launch of Ericsson Money Services. Aiming to address demand for mobile financial services in both developed and developing markets, the firm said that it is “set to create a global ecosystem that make sending money person to person as simple as sending an SMS.”
Japanese carrier KDDI has invested $22m in US financial solution provider Microfinance International Corporation. The operator said that the deal will allow the two firms to develop an open mobile payment platform that will be made available to mobile operators worldwide.
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