Ghana’s central bank has launched GhanaPay, a mobile wallet for savings and loans companies and banks, including rural and community banks. Speaking at the launch of the program Wednesday (June 15), Bank of Ghana Governor Dr. Ernest Addison called GhanaPay a milestone in the digitization...
MoneyGram International on Thursday (June 2) announced a partnership with Saudi Arabia-based mobile wallet Mobily Pay that will bring MoneyGram’s international money transfer capabilities to Mobily Pay, giving users the ability to send money around the world in near real time. The latest launch adds...
Millennial consumers, along with their counterparts from Generation Z, have increasingly begun to turn to digital-first technologies to meet their banking and payment needs, with mobile methods being particularly popular among them. A study conducted in March found that 38% of millennial consumers reported using...
PayMaya, a FinTech based in the Philippines, is rebranding as “Maya” as it expands its services to include the digital banking and crypto trading feature that is part of its app. “Today, we are not just launching a brand, app, and digital bank. We are...
Nine months after Klarna bought Stocard, the mobile wallet that allows consumers to keep their loyalty cards in one single place has a new look, the Swedish buy now, pay later (BNPL) firm announced Wednesday (April 6). Stocard has adopted Klarna’s Smoooth brand identity across...
Payments technology company CPI Card Group Inc. has debuted its Push Provisioning service, the Colorado company said in a news release Wednesday (March 23). The service “facilitates the tokenization of a Mastercard debit and credit card through in-app provisioning to a large network of mobile...
Marqeta, the modern card issuing platform, will be used by Citi Commercial Cards for its tokenization-as-a-service capabilities, a press release said. This will allow Citi to provision corporate plastic cards and virtual cards into mobile wallets. Data from Trading Platforms showed that digital or mobile...
Mexico is seeing a surge in consumer interest in online payment and banking tools, particularly when it comes to mobile-optimized features. A recent report found that 94% of Mexican consumers use mobile banking apps or online banking services, even though the country has a large...
Digital payment firm i2C has joined forces with FinTech KARTY to launch a digital-first prepaid mobile wallet for customers in KARTY’s home country of Qatar. “Leveraging i2c’s global payments platform, Karty’s mobile wallet will provide Visa-branded digital cards, enabling instant, cashless P2P transactions on the...
