MAP Launches “MAP App” Visa Prepaid Mobile Banking for Credit Unions

MAP Prepaid, a provider of Visa Prepaid card programs for credit unions, has announced the launch of its “MAP App” for smartphones. With the MAP App, cardholders can manage their Visa Prepaid card account directly from an iOS or Android mobile device. The MAP App™ is the first network-branded prepaid card exclusively serving credit unions

New Report Looks at the Future of Mobile Wallets

Forrester Research, Inc. on the promising future of the mobile wallet features Vibes, a mobile marketing leader. The February 2015 report, “The Future of Mobile Wallets Lies Beyond Payments,” points to mobile wallets becoming rich marketing platforms that complement merchants’ own integrated apps. In addition, the report states that mobile wallets will become powerful marketing

ZenBanx’s Red Envelope Program Makes “Gifting” Money Mobile

ZenBanx, a new digital bank founded by Arkadi Kuhlmann, who introduced savings focused internet banking with ING Direct in the late 1990’s, announced the launch of the ZenPay Red Envelope Program in California. ZenPay’s Red Envelope Program will honor the ancient Chinese tradition of giving family and friends Red Envelopes containing monetary “Good Fortune” to

Cignifi and the IFC to Grow Usage of Mobile Money in Uganda

Cignifi, whose proven big data engine uses mobile phone data to deliver consumer credit and marketing scores, announced an agreement with the International Finance Corporation (“IFC”), a member of the World Bank Group, aimed at expanding the delivery and usage of mobile financial services in Uganda. Specifically, Cignifi will be working with the IFC to

Accenture Recognized as Market Leader for Mobile Wallet Platform

Accenture has been named a “Market Leader” for the Accenture Mobile Wallet platform in the “Ovum Decision Matrix: Selecting a White-label Mobile Wallet Platform,” scoring the highest overall technology assessment ranking in the report. “While relatively new, the Accenture Mobile Wallet platform has among the most extensive capabilities of platforms available on the market today,”

Hotel Booking Platform Jovago Incorporates Tigo-Pesa as a Payment Option

Africa’s leading hotel booking platform Jovago.com has announced the incorporation of Tigo Pesa, one of the region’s major mobile money transfer services. This partnership gives the customer yet another option for efficiency on top of the available card payments and pay-on-arrival model. “Africa is definitely moving on to the digital world, as part of this

HelloCash Mobile Money Service Goes Live in Ethiopia

Lion International Bank and Somali Micro Finance in partnership with BelCash Technology Solution PLC launched the official pilot of the HelloCash mobile money services. BelCash Technology Solution PLC is an Ethiopian based technology service provider for financial industry. The HelloCash mobile money platform will provide financial services to all Ethiopians. The HelloCash service enable existing

Gemalto Predicts a Payment Revolution in Africa

In emerging markets, mobile money services have the power to simplify lives, offering people the convenience of paying from anywhere and at any time, but also to transform them, playing a social noble role by addressing the unbanked or underserved population in Africa, offering them payment services they did not have access to before, says Paul

A Playbook for in-Store Mobile Transacting in South Africa

“South African consumers are driving a mobile payment revolution enabled by a slew of innovative home grown technology companies. Local retailers, brands and agencies are leveraging the power of mobile payments in clever ways to unlock new revenue streams and boost customer retention.” So says Bevan Ducasse, CEO of wiGroup, following the release of the

goSwiff Expands Global Operations to Five Continents

goSwiff, the leading innovator of mobile commerce, marketing & professional services announced its expansion of global operations to five continents as it gears up for a busy 2015. Global mobile payment market is booming and according to the analysts the growth will continue. Gartner suggests that mobile payment volumes in 2017 will be US$ 721B,