In something straight out of CSI, Uniqul is creating a new payment method based on facial biometric technology that will allow any subscriber to pay with their beautiful faces.
India’s ICICI Bank launches a mobile payments service built by Movida, the Indian joint venture between Visa and mobile money specialist firm Monetise.
Your trusty SIM card could be a potential backdoor for hackers. Hackers may be able to open up access to the phone, including recording calls, sending and receiving messages and calls that can lead to charges, and worst of all, payment fraud.
In a move that may shake up the competitive mobile payment marketplace, Chicago-based payment platform, Braintree, is partnering with Simple, a leading online mobile banking service.
MasterCard has partnered with Egyptian Banks Company (EBC), Etisalat, and the National Bank of Egypt (NBE) to launch Flous.
Kuwait International Bank and McDonald’s are partnering up with Seemless, the Swedish mobile payments solution, to introduce the SEQR mobile payments platform into the state of Kuwait in the Middle East. Through this partnership, Kuwait International Bank became the first financial institution in the Middle East to use SEQR as a mobile payments platform. The […]
It is estimated that 1 in 5 of the world’s population have access to banks and financial services. This is mainly due to the cost of creating and maintaining the infrastructure necessary that most countries just can’t support. To fill this void for the unbanked and the underbanked, mobile payment providers have turned cell-phones and […]
Amazon has launched its Amazon Marketplace in India. Amazon India will begin to offer only books, movies, TV shows, and video products, but more product categories will be introduced soon.
The number of mobile payments is expected to dramatically increase in Myanmar as the government is set to “grant two new telecommunications licenses at the end of this month,” Business Week reports.
China UnionPay, the national bankcard association in China, and China Mobile, the world’s largest mobile network, have implemented their Near Field Communications (NFC) payment service and mobile wallet in over 14 major Chinese cities including Beijing and Shanghai with support from eight banks.