Mobile

Transforming remittances in Colombia

TerraPay partners with Nequi and contracts with Bancolombia to make remittance transformation happen. TerraPay and Nequi by Bancolombia (Nequi) have entered a landmark partnership designed to transform remittances for Nequi’s 17.5 million customers....

How are FinTech startups disrupting traditional banking and financial services?  

FinTech startups are revolutionising the financial landscape by leveraging technology to challenge traditional banking and financial service providers. Through innovation in areas such as digital payments, lending, wealth management and Blockchain technology,...

HSBC UK issues urgent fraud warning against dummy apps 

The warning comes as the bank has seen a spike in the number of cases, with dozens of customers downloading a dummy app within the last couple of weeks. One of these fake apps is called ‘PDF AI’ which impersonates a genuine app with a similar name.  The...

Lisbon’s subway adopts the most convenient and advanced access system in the world 

Indra has made Lisbon one of the first cities in Europe in which travellers can access the subway with their own cell phone, bank card or smartwatch without having to purchase a ticket or pass beforehand, by applying the EMV (Europay-Mastercard-Visa)...

Paysend and RemotePass partner to offer instant payments to contractors globally  

  Paysend, the global card-to-card payments pioneer and RemotePass, the global onboarding and payroll platform, has announced a partnership to facilitate instant and more cost-effective transfers to international workers in 80 countries.  Through this ...

HID announces employee badge integration with wallet apps

The ubiquitous presence of mobile devices and digital wallets are pushing demand for more mobile access deployments in the region. HID, one of the world’s leading provider of trusted identity solutions, has announced it now offers companies the...

DCI and DataVisor team up to help banks fight fraud

Financial fraud has increased substantially as the trend towards mobile banking and digitisation accelerates. In 2022 alone, the US Federal Trade Commission received over 1.1 million reports of identity theft and over 440,000 reports of credit card fraud. To...

e& money, Mastercard enter partnership to transform digital payments for UAE consumers

e& money, the fintech arm and financial super-app of e& life, announced its partnership with Mastercard to transform and evolve the way customers make payments via an exclusive prepaid card – enabling payments anywhere in the world and...

Mastercard brings Google Pay to Kuwait in partnership with Google

According to Mastercard’s New Payments Index 2022, 64% of MENA consumers, compared to 61% globally increased their use of at least one digital payment method in the last year, including digital cards, SMS payments, digital money transfer apps, and instant p...

Ooredoo will leverage Huawei’s Mobile Fintech to provide fintech services

Ooredoo Group has signed a partnership agreement with Huawei to leverage Huawei Mobile Fintech platform to provide Fintech services in markets across the company’s footprint. Under the agreement, the two entities will cooperate for Ooredoo to provide state-of t...

Lookout data shows credential theft mobile attacks on the rise in US government agencies 

Lookout, an endpoint to cloud security company, has released its 2022 Government Threat Report which examines the most prominent mobile threats affecting federal, state and local governments in the United States.  Lookout data reveals mobile phishing...

Lanistar launches Google Pay in Brazil

Lanistar, a virtual payment card provider, has gone live with Google Pay operability to its virtual payment card in Brazil – one of the fastest-growing markets for its service. This is the first time Lanistar has been approved for use through Google’s pro...