Safaricom’s George Ndegwa said that Safaricom’s microfinance platform M-Shwari reached 7M users, speaking at the 2014 Mobile Money and Digital Payments in Johannesburg. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Meu Dinheiro Claro, the JV signed by telco Claro (AMX) and Bradesco, one of major banks, was able to add a new tool which allows customers registering via mobile vs. visiting the store and which is expected to boost adoption. Get the Full Story Complete...
Memorial Day is better known in the U.S. as the time to honor those who served in the military. Unfortunately, the BBB is reporting that it has become the perfect opportunity for scammers to target those who are serving or have served their country, especially...
Wow, did we get our PYMNTS peeps buzzing this week! We thought that the POV on EMV would get some folks talking and we weren’t wrong. Then, two different but equally controversial pieces on bitcoin lit the PYMNTS place ablaze. The Overstock piece and the...
Banrisul signed a partnership with MasterCard to launch an e-wallet. Service is oriented to online consumers and allows users to save their credit, debit and pre-paid card and personal data in one place. The bank will launch the product in 2014 2H and will be...
Visa and MasterCard on May 23 reportedly indicated they plan to stay in Russia, despite a new law that could cost them billions to remain. Representatives from both card networks met with members of the Russian government earlier in the day. Get the Full Story...
Global Payments has named David E. Mangum President and Chief Operating Officer. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By...
According to data released last month by global transaction services organization SWIFT, Singapore accounted for 6.8 percent of all offshore renminbi-denominated currency payments last year. That put the small nation ahead of perennial #2 London, which only did 5.9 percent, but still trailing Hong Kong’s 72...
Small businesses with limited credit history or a history of difficulties face many of the same issues that individual consumes with those problems face—mainstream lenders often aren’t willing to take the risk and disburse funds. Increasingly, small businesses also have access to the same type...
