Mobile Money Transfer

Type: Keyphrase
Name: Mobile Money Transfer
First reported 25 mins ago - Updated 25 mins ago - 1 reports

Vodafone’s Michael Joseph receives prestigious PICMET technology management award for M-Pesa

Michael Joseph, Vodafone's Director of Mobile Money, has received the prestigious Leadership in Technology Management Award from PICMET (Portland International Centre for Management of Engineering and Technology).Michael's LTM Award from PICMET recognises ... [Published Noodls - 25 mins ago]
First reported 4 hours ago - Updated 1 hour ago - 2 reports

Equity Bank's Net Profit Up 21 Percent to Hit Sh7.66 Billion

Equity Bank's net profit grew by more than a fifth in the half-year period ended June 30, buoyed by growth in its loan book and agency banking.The lender, Kenya's second largest by market share, has returned an after-tax profit of Sh7.66 billion in the ... [Published AllAfrica.com - 3 hours ago]
First reported 2 hours ago - Updated 2 hours ago - 1 reports

Econet's Mastercard to Reduce Cash Dependency

[New Zimbabwe]ECOCASH, the mobile money transfer service of Econet Wireless, on Wednesday launched an international debit card in partnership with MasterCard.Source:http://allafrica.com/stories/201407310586.html ... [Published AA ZIMBABWE - 2 hours ago]
First reported Jul 30 2014 - Updated Jul 30 2014 - 1 reports

What is good in good business?

Editorial CartoonGoing by the World Bank’s latest Economic Review on business in Tanzania one could say business is doing well. According to it, “the trade-to-GDP ratio has increased from 13.5 percent in 2000 to more than 30 percent in 2011, the highest ... [Published IPP Media - Jul 30 2014]
First reported Jul 29 2014 - Updated Jul 29 2014 - 1 reports

Kenya: Kenya Telcos Register Drop in SMS Numbers

Nairobi — The number of Short Messaging Services (SMSs) sent between January to March this year declined to 6.22 billion from 6.28 billion messages sent during the preceding quarter.This is according to the latest Quarter 3 Statistic Report by the Communication ... [Published AllAfrica.com - Jul 29 2014]
First reported Jul 29 2014 - Updated Jul 29 2014 - 1 reports

Mobile phone penetration in Kenya increases to 78.2pc

By Nicholas NduatiTelevision viewership in the country has grown significantly courtesy of increased number of soccer matches being aired especially the English Premier League as well as soap operas.This is backed by the latest Communications Authority ... [Published Kenya Broadcasting Corporation - Jul 29 2014]
First reported Jul 28 2014 - Updated Jul 28 2014 - 1 reports

Kenyans chatting more, talking less on phone - report

Kenyans are chatting more online and talking less to each other on mobile phones, the latest report by the Communications Authority of Kenya (CAK) indicates.The report also indicates that with more internet use, Kenyans are sending less SMS.The number ... [Published HispanicBusiness.com - Jul 28 2014]
First reported Jul 28 2014 - Updated Jul 28 2014 - 1 reports

Mobile money services now command over 35 pct stake in GDP

Isack Nchunda, Head of M-Pesa Product Development and Marketing at Vodacom Tanzania LimitedThe contribution of mobile money services to the Gross Domestic Product (GDP) in Tanzania now has reached 35 percent, thanks to new initiatives being taken by the ... [Published IPP Media - Jul 28 2014]
First reported Jul 27 2014 - Updated Jul 27 2014 - 1 reports

Expats face challenges for money transfer

Dubai: Frustration mounted in the air as expatriates made serpentine queues to send money back home for Eid.In most of  the money transfer agencies for African clients, frustration rose when mobile money transfer back home ran out of cash.“I have been ... [Published The Gulf Today - Jul 27 2014]
First reported Jul 26 2014 - Updated Jul 26 2014 - 1 reports

Credit risk management key to lower rates - Ndung'u

HOPES of further favourable cost of loans now rest on completion of ongoing reforms in banking support services by state agencies and expansion of credit information sharing beyond commercial lenders.Central Bank governor Njuguna Ndung'u and Kenya Bankers ... [Published The Star (Kenya) - Jul 26 2014]
First reported Jul 25 2014 - Updated Jul 25 2014 - 1 reports

Mobile money transfer for Maxis, Hotlink subscribers

MAXIS Berhad, in collaboration with the Western Union Company, recently launched a pilot programme of a mobile money transfer service which enables Maxis and Hotlink subscribers to send money to any one of more than 370,000 Western Union Agent locations ... [Published The Sun Daily - Jul 25 2014]
First reported Jul 24 2014 - Updated Jul 24 2014 - 1 reports

Card con uses mobile money to dupe many

Calcutta police have busted a Jharkhand-based racket that is believed to have defrauded several people in the city by posing as customer care executives of the victims’ banks to collect details of their debit cards over the phone. They transferred the ... [Published Calcutta Telegraph - Jul 24 2014]

Quotes

Receiving the Award at PICMET's 2014 conference in Kanazawa, Japan, Michael said, "To be recognised by PICMET and its members is a huge honour and an extremely humbling experience."
"This was because interest rates much lower in the period, but our diversification of income sources increased 'other income'" said James Mwangi, the managing director
"The 19 percent growth in non-funded income was driven mainly by merchants business and payment processing income that grew by 58 percent as well as the growth of Diaspora banking and remittances processing that grew by 23 percent" he stated
"The previous quarters had recorded an upward trend in SMS volumes despite the popularity in the use of Over-The-Top (OTT) messaging services such as WhatsApp and therefore it might be too early to predict if the decline was contributed by OTT"

More Content

All (207) | News (166) | Reports (0) | Blogs (39) | Audio/Video (0) | Fact Sheets (0) | Press Releases (2)
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Vodafone’s Michael Joseph receives prestigious ... [Published Noodls - 25 mins ago]
Cash Transfer Scheme Boosts Zimbabwe’s Rural Ec... [Published World Food Programme - 1 hour ago]
Econet's Mastercard to Reduce Cash Dependency [Published AA ZIMBABWE - 2 hours ago]
Vodafone Grows Revenues by Connecting Women [Published Triple Pundit - 3 hours ago]
Equity Bank's Net Profit Up 21 Percent to Hit S... [Published AllAfrica.com - 3 hours ago]
Kenya: Equity Posts Sh7.6 Billion H1 Profit [Published AllAfrica.com - 4 hours ago]
Econet’s MasterCard to ease need for cash [Published New Zimbabwe.com - 8 hours ago]
Euronet Worldwide's (EEFT) CEO Michael Brown on... [Published Seeking Alpha - 14 hours ago]
Can Western Union (WU) Keep Its Earnings Streak... [Published Yahoo! Finance - 14 hours ago]
Equity Bank SIM cards to bear 0763xxx prefix [Published CIO East Africa - 21 hours ago]
What is good in good business? [Published IPP Media - Jul 30 2014]
Airtel Money’s Africa userbase up 22.9% QoQ; Am... [Published Media Nama - Jul 29 2014]
Kenya: Kenya Telcos Register Drop in SMS Numbers [Published AllAfrica.com - Jul 29 2014]
Mobile phone penetration in Kenya increases to ... [Published Kenya Broadcasting Corporation - Jul 29 2014]
Kenya’s telecoms sector boasts increase in subs... [Published CNBC Africa - Jul 28 2014]
Business: Kenya's Internet subscribers rise, SM... [Published East African Standard - Jul 28 2014]
Kenyans chatting more, talking less on phone - ... [Published HispanicBusiness.com - Jul 28 2014]
Business: Kenya's Internet subscribers rise to ... [Published East African Standard - Jul 28 2014]
CAK: Kenya's mobile money users and agents have... [Published CIO East Africa - Jul 28 2014]
Unlocking 'M-Pesa billions': African telecoms o... [Published Mail & Guardian Online - Jul 28 2014]
Safaricom ordered to open up M-Pesa platform 4 ... [Published News24 - Jul 28 2014]
Mobile money services now command over 35 pct s... [Published IPP Media - Jul 28 2014]
HSBC shuts down Nairobi office in global reorga... [Published Business Daily Africa - Jul 28 2014]
Expats face challenges for money transfer [Published The Gulf Today - Jul 27 2014]
Credit risk management key to lower rates - Ndu... [Published The Star (Kenya) - Jul 26 2014]
Mobile money transfer for Maxis, Hotlink subscr... [Published The Sun Daily - Jul 25 2014]
Airtel partners with East African Business Summ... [Published CIO East Africa - Jul 25 2014]
Sierra Leone’s ‘Bureh’ Pioneers Bitcoin Use in ... [Published Mobile World - Jul 25 2014]
Vodafone India reports 0.3M active M-Pesa users... [Published Media Nama - Jul 25 2014]
CAK declines to cut cross-network mobile money ... [Published Telecompaper - Jul 25 2014]
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Blogs

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MICROCAPITAL BRIEF: Nigeria’s ActivEdge, SAP Af... [Published MicroCapital - Jul 23 2014]
ActivEdge Technologies, a Nigeria-based company, and SAP Africa, the South Africa-based branch of German software provider Systemanalyse und Programmentwicklung (SAP), reportedly have partnered to offer a mobile money-transfer service to customers in ...
MICROCAPITAL BRIEF: Mobile Telecommunications N... [Published MicroCapital - Jul 23 2014]
Mobile Telecommunications Network (MTN) Rwanda, the Rwandan branch of South Africa-based mobile telecommunications company MTN reportedly has announced a partnership with Kenya Commercial Bank Group (KCB) and I&M Bank, which both offer corporate and ...
Why mobile money has failed to take off in India [Published textually.org - Jun 20 2014]
Despite boasting 15 mobile money services, India lag so far behind other developing nations. Quartz looks into the reasons why. In much of the developing world, mobile money is evolving. Initially just a means of making payments, it’s now becoming ...
MICROCAPITAL BRIEF: International Finance Corpo... [Published MicroCapital - Jun 17 2014]
The International Finance Corporation (IFC), the private-investment arm of the World Bank Group; the MasterCard Foundation, a Canadian nonprofit founded by US-based global payment processing company MasterCard that aims to promote youth learning and ...
MICROCAPITAL BRIEF: Kenyan Mobile Money Service... [Published MicroCapital - Jun 13 2014]
The Communications Authority of Kenya, the regulatory body for the country’s telecommunications sector, reportedly has granted mobile virtual network operator (MVNO) licenses to three mobile money transfer service providers based in Kenya: Finserve Africa ...
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Press Releases

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Xoom Upgrades Mobile Money Transfer App to Enab... [Published GlobeNewswire: Acquisitions News - May 13 2014]
Mobetize Signs Letter of Intent to Provide Remi... [Published GlobeNewswire: Acquisitions News - Mar 18 2014]
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