The South African wireless provider Telkom says its Kenyan operation has launched an app for its mobile money product, T-Kash. The company said in a news release Tuesday (Jan. 4) that its app is available from the Google, Huawei and Apple app stores, and offers...
Several Hyatt locations in the U.S. are now integrating hotel room keys with Apple Wallet so people can unlock their guest rooms by tapping their iPhone or Apple Watch, Hyatt said in a press release on Wednesday (Dec. 8). The first six participating U.S. locations...
Digital payments and banking technology firm i2c Inc. has joined forces with mobile app BEYON Money to roll out a digital wallet in Bahrain that enables retail, bill and peer-to-peer payments for users, connects to bank accounts via open banking, offers financial insights and provides...
Latin American consumers are steadily gaining access to digital financial services, but many still are flocking to alternative payment tools such as mobile wallets to make online purchases. According to a recent study, nearly 60% of the region’s online purchases were made via mobile device...
The long-anticipated wait is over. Until November, Nigeria did not operate a telecommunications (telco) company-led mobile money model, opting instead for a bank-led model that allowed only banks or licensed corporate organizations to operate a mobile money service. But following a recent announcement from Nigeria’s...
Small but mighty is one way to characterize Nordic countries when it comes to payments innovation. The small-sized countries in the region like Denmark, Finland and Norway, which have less than six million inhabitants each, have been spearheading digital and mobile payments innovation for decades,...
Mobile wallet infrastructure startup Citcon raised $30 million in a Series C funding round led by Norwest Venture Partners and Cota Capital, and with participation by Sierra Ventures and Sonae IM, according to a press release emailed to PYMNTS on Friday (Oct. 22). Citcon provides...
Facebook is debuting its Novi digital wallet as part of a pilot program in Guatemala and the U.S., according to a Tuesday (Oct. 19) company announcement. The long-awaited digital wallet enables people to send and receive money abroad instantly, securely and without fees, according to...
MoneyGram’s recent announcement that it will be partnering with the Stellar Development Foundation, a nonprofit organization, on an eWallet offering with near-instant settlements in Circle’s U.S. Dollar Coin (USDC), is an indication of the growing use of cryptocurrency in the cross-border remittance industry. Read more:...
