The European Commission published the bi-annual 2014 Convergence Report which details Lithuania has fulfilled all the requirements to join the Eurozone and decided to propose the EU Council of Ministers meeting in late June of adoption in the country as of 1 January 2015. Get...
Tanzania telcos Tigo (a subsidiary of Millicom), Airtel and Zantel agreed to launch a partnership, which allows users their money services to transfer money between each other regardless of their operator. The interoperability could reach 16 M e-money users. Get the Full Story Complete the...
Vodacom M-Pesa customers grew 21.6% y-o-y in the quarter ended in March 2014 to reach 6M internationally, while Tanzania now makes 18.8% of revenues (+470 bps vs. 2013). 4.9M or 51.6% of Vodacom users in the country are actively using M-Pesa. Get the Full Story...
Government-owned Emirates National Oil Co. is rolling out a service that will enable its fleet customers to refuel their vehicles wirelessly using RFID technology. The system will replace the company’s existing fleet cards by the end of the year.
For the last several years, Spain has struggled to regain economic strength. However, the European nation could be nearing positive change as it works to make regulatory changes in an effort to join in on the pan-European TARGET2 Securities transformation.
Bitcoin’s promising South American development has hit a bump in the road with Argentinian Central Bank having gone and issued a warning on the perils of getting involved with digital currencies. Though bitcoin is not the only digital currency, it is the largest one. Get...
Singapore consumers looking to end the never-ending cycle of entering billing and shipping information that comes part-in-parcel with online shopping now have a new tool in the box to make shopping easier. MasterCard has launched its MasterPass program, which will allow Singapore’s shoppers to store...
European shoppers who are looking for fashion on the go can now make their purchases in 20 seconds or less using their smart phones. Fast Retailing Co.’s Comptoir des Cotonniers division has paired with Powa Technologies, a London-based app maker, to make it possible for...
Russian President Vladimir Putin reportedly has signed amendments to a recently enacted law that make it easier for MasterCard and Visa to remain operating in that country. Specific details, remain sketchy, and there may be a $3 billion string attached to the deal.
