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Mobile Money

  • Malaysia 2

    Future of banking will be mobile not online – Hong Leong Islamic ... Edit Post

    VIDEO INTERVIEW: The profound effect of mobile devices on traditional banking has hit home already but Raja Teh Maimunah – MD and CEO of leading Malaysian financial institution Hong Leong Islamic Bank – highlighted how it will also impact online transactions in the future. “Most things will be done through mobile at least once you’ve opened an ...

  • Square

    Square to launch new card reader Edit Post

    Square has announced plans for a new point-of-sale dongle that will read chip cards, ahead of the US move to the more secure technology over the coming year. Currently, the firm’s card reader only works with traditional credit and debit cards featuring a magistripe which are swiped. Square is getting in line with a US proposal to ...
  • M-Pesa 2014

    CAK orders openness for M-Pesa Edit Post

    As expected, the Competition Authority of Kenya (CAK) has ordered Safaricom to open its network of 85,000 M-Pesa agents to rivals. Kenya’s dominant operator already pre-emptively removed exclusivity arrangements for its agents ahead of CAK delivering its directive. The anti-trust authority wrote to both Safaricom and rival Airtel, which bought the complaint, reported the Daily Nation. The directive ...