Myanmar mobile banking and payment: where to start?

Myanmar is currently largely a cash economy.  In this post we consider the types of mobile banking and payments solutions we predict will first gain traction in the Myanmar market: remittance services and banking the unbanked. Outside Myanmar, the way people bank and pay has been revolutionised: from the introduction of credit cards, telephone banking and … Read more

International bar association debates mobile payment

Mobile payment is a topic close to my heart, so I am delighted to be joining a distinguished panel at the International Bar Association‘s annual conference in Dubai this afternoon to discuss developments in mobile payment from a comparative perspective. The session is being run jointly by the communications, banking and technology committees of the IBA … Read more

UK mobile operators create m-commerce joint venture

Last week, three of the UK’s four mobile network operators announced a mobile marketing and payments joint venture. The venture is subject to regulatory approval, and is summarised in the press release as: Creation of a single ecosystem for m-commerce helping advertisers, retailers and banks to reach consumers through their mobile phones Consumers will be … Read more

Visa adds mobile payment and banking capabilities, as Google and MNOs launch contactless payment services

This week Visa Inc added significant incremental mobile payment and banking capabilities – acquiring Fundamo, a mobile money transfer software company and announcing a five year deal with Monitise. The Fundamo deal is designed to bolster Visa’s position in developing markets where the mobile operators are increasingly able to leverage the lack of a traditional banking infrastructure and their … Read more

Mobile banking and payment: what consumers really want?

Mobile banking and payment is a recurrent theme for this blog. I have previously posted on rumours that the iPhone 5 might contain NFC technology, and mused on the possibilities unlocked by the integration of mobile payments with location-based offers and services. This week sees both the publication of the (Monitise sponsored) Future Foundation’s research on emerging trends in … Read more

Post(card) from the Digital Money Forum #dmf14

I’m chairing a session this afternoon on Mobile Money at the Digital Money Forum 2011. Should be interesting with the speakers being: Mark Hartley, American Express John Conlon, Barclaycard Elisabeth Berthe, Grameen Foundation The current session is looking at the way that cash is being replaced in different jurisdictions. Richard Johnson from Monitise is chairing … Read more