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    Unbanked

    News about Unbanked.

    Ericsson and Verifone bring NFC mobile payments to developing world

    June 12th, 2015

    Swedish telecoms giant Ericsson has partnered with Verifone Mobile Money to add support for NFC and contactless payments to its mobile commerce platform, enabling its carrier customers in emerging markets to add in-store mobile payments… More

    Mobile money users grow 41% in 2014

    March 2nd, 2015

    Active mobile money accounts worldwide grew 41% to more than 100 million in 2014, a report from the GSMA’s Mobile Money for the Unbanked programme has found. State of the Industry 2014: Mobile Financial Services for the Unbanked also reports that mobile money services are now available in 61% of developing markets — 84 out of 139 — with 255 services running in 89 countries worldwide. “Mobile is a key enabling tool for financial inclusion and over the last year we’ve seen significant growth in mobile financial services,” says GSMA chief regulatory officer Tom Phillips.

    MCX CEO confirms plans to include bank cards in CurrentC wallet

    November 6th, 2014

    MCX CEO Dekkers Davidson has outlined more of the consortium’s plans for its CurrentC mobile wallet in a keynote presentation at the Money2020 event in Las Vegas, confirming that banks will be able to add… More

    Bill Gates talks Apple Pay, NFC, Bitcoin and mobile money

    October 7th, 2014

    “Apple Pay is a great example of how a cell phone that identifies its user in a pretty strong way lets you make a transaction that should be very, very inexpensive,” Microsoft founder Bill Gates… More

    NFC brings banking to rural India

    November 21st, 2011

    Citizens living in the eastern Indian state of Bihar are to be issued with contactless ‘e-Shakti’ cards they can use to access virtual bank branches equipped with NFC technology. More

    Etisalat to roll out NFC payments in four more African countries by end of 2011

    August 25th, 2011

    The UAE-based mobile network operator is to follow the July launch of commercial NFC services in Tanzania with launches in four more countries by the end of this year, Etisalat has told NFC World. More

    700m to use mobile money in emerging markets by 2015

    June 6th, 2011

    More than 700 million people in emerging markets around the world will be using mobile money services in 2015, new research from Berg Insight suggests, as the market grows 40% a year from 2010’s 133m… More