Cash-Lite: Mobile Money Expands In Nigeria
"Last week, following regulatory approval from the Central Bank of Nigeria (CBN), the United Bank of Africa (UBA) launched U-Mo, a mobile banking product that will be accessible to more than 80 million people across Nigeria. Now, almost half the country's population will be able to transfer and receive funds using their cellphone -- without having to have a traditional bank account with UBA."
HDFC Bank, Vodafone India launch mobile banking product for rural coverage
"It's a brief moment in the wintry sun for the handful of curious residents of Jhalsu village as a cavalcade of cars descends there on a quiet Saturday morning. Jhalsu is a dusty hamlet with a population of about 3,500 people and is about 35 km north of Jaipur in Rajasthan. The Deputy Governor of the Reserve Bank of India, Dr K.C.Chakrabarty, is here along with senior officials of HDFC Bank and Vodafone India, to have a look at their pilot project on financial inclusion through mobile banking and get a first hand impression from villagers."
HSBC Mobile Banking App Ranks No. 1 in UAE App Store
"HSBC's mobile banking solution received an outstanding vote of confidence from its customers as the app achieved a ranking of No. 1, in the Finance category, on the UAE Apple app store, within 48 hours of launch. The new mobile banking app was also rated amongst the Top 25 most popular "Free" apps.
HSBC UAE recently launched its new Mobile Banking solution in UAE, delivering the bank's Internet Banking platform customised for smartphone screens. HSBC customers, owning any Apple device, now have access to most of the same functions as desktop users via any GPRS, 3G and wireless (Wi-Fi) network. Using the new digital solution, customers in the UAE can view account details and transaction history, transfer funds between HSBC UAE accounts, access exclusive credit card offers in the UAE and worldwide, make credit card and bill payments, view exchange rates, and more."
Etisalat Afghanistan Launches "mHawala" Mobile Financial Services Powered by Telepin Software
"Telepin Software, a leading provider of mobile money transaction platforms, today announced that Etisalat Afghanistan has commercially launched mHawala, its new Mobile Money Services platform. Telepin's Cayman Transaction platform will be used by Etisalat Afghanistan for a full mobile financial services (MFS) offering that includes central bank cooperation, banking ecosystem participation, utility merchant involvement, and salary disbursement, which enables complete mobile banking capabilities and future cross-border money transfers."
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