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Mobile Payment Service M-Pesa In A Price War
Mobile Payment Service M-Pesa In A Price War
August 20, 2014  |  News

The mobile-money service M-Pesa is finding itself in a price war. On Tuesday (Aug. 19), Vodafone subsidiary Safaricom said that it would slash its fees...

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Ingenico Cuts EMV, P2PE Deal
Ingenico Cuts EMV, P2PE Deal
August 20, 2014  |  News

Three payment firms announced on Tuesday (Aug. 19) that they were launching a PCI-friendly point-to-point encryption (P2PE) payment option. According to a joint release, Ingenico...

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TransferWise Uses P2P Network To Cut Cross-Border Money Transfer Costs
TransferWise Uses P2P Network To Cut Cross-Border Money Transfer Costs
August 19, 2014  |  International

London-based startup TransferWise is hoping to disrupt the business of international money transfers by actually transferring as little money as possible across borders, according to...

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China’s Alibaba and Tencent Call Off Taxi-App War
China’s Alibaba and Tencent Call Off Taxi-App War
August 19, 2014  |  International

China’s two biggest Internet companies, Alibaba and Tencent, have called a truce in their six-month war to capture customers for their respective taxi-hailing apps. Total...

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Banks Step-Up Anti-Money Laundering Efforts
Banks Step-Up Anti-Money Laundering Efforts
August 19, 2014  |  News

The number of jobs on banks’ anti-money laundering teams is up 54 percent in 2014 year-to-year in the U.K. following a string a scandal and...

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Why Did Consumers Suddenly Sour on Mobile Banking and Shopping?
Why Did Consumers Suddenly Sour on Mobile Banking and Shopping?
August 19, 2014  |  Mobile Commerce

According to a new poll by ID security firm Intercede, the people have spoken but it is not in favor of mobile banking or shopping....

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Banks Move To Protect Their Slice Of Africa’s Mobile Payment Pie
Banks Move To Protect Their Slice Of Africa’s Mobile Payment Pie
August 19, 2014  |  International

In 2007 m-Pese launched in Kenya and changed the face of money transfer on the continent of Africa. Today, the mobile payment service handles $18...

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Dollar General Ups The Ante for Family Dollar
Dollar General Ups The Ante for Family Dollar
August 19, 2014  |  Merchant Innovation

Another bidder has stepped into the ring to scoop up discount merchant Family Dollar. Dollar General is offering $8.9 billion, beating out it’s current offer...

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Square Challenger SumUp Raises $10 Million, Loses Two Founders
Square Challenger SumUp Raises $10 Million, Loses Two Founders
August 19, 2014  |  News

Mobile POS startup SumUp has pulled in more than $10 million in a Series C financing round, but is also shedding two of its founders,...

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