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Bank in Chile launches app that lets people transfer money using Facebook
The Chilean unit of Spanish bank BBVA is launching a service that lets people transfer money using Facebook. The service begins March 3 and the bank says it's the first of its kind in Latin America.
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U.S. Senator calls for a Bitcoin ban as regulators seek ‘accelerated push’
The implosion of a once-popular Bitcoin exchange has some lawmakers calling for a ban on the virtual currency.
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Banks lose out as M-Pesa goes global with MoneyGram deal
Safaricom’s push to take its mobile money transfer business global has received another boost with the signing of a deal that will see users of MoneyGram send cash directly to M-Pesa customers from any part of the world.
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Mt.Gox Files For Bankruptcy Protection, Says 850,000 Bitcoin Lost
Mt.Gox has filed for bankruptcy protection and has outstanding debt of about $63.6 million, a lawyer for the Bitcoin exchange said today during a press conference at the Tokyo District Court, reports the WSJ.
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- digital payments
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Mt.Gox Site Disappears, Bitcoin Future in Doubt
What was once the world's largest trading platform for bitcoins is now a blank page.
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- digital payments
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Charting the Growth of Mobile Finance: GSMA report highlights key findings, best practices in a vibrant sector
Mobile finance represents a tremendous opportunity for social impact, and an important commercial opportunity. GSMA has been collecting and analyzing mobile money data since 2010, and today it released its annual State of the Industry report, with key findings and insights on the growth of this vital sector.
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- Education
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China’s mobile payment war escalates
In the war between Tencent and Alibaba for China's emerging mobile payment market, cab-calling services have become the slightly unexpected battlefield.
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Tanzania: Mobile Money Tranfers Gaining Popularity
Financial transactions have always been a challenge for rural, poor people in Tanzania. M-Pesa, an immensely popular system of money transfer via mobile phone, has made life much easier.
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