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Mobiles offer financial lifeline to Asian migrants: study
Bangkok :: Thailand | 2 days ago
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Asia-Pacific region by migrant workers in 2012 and that number is set to rise with the advent of mobile telephony. Asia's mobile revolution is set to transform the region's financial services industry, offering a cheap way for millions of migrant
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Telco giants join forces on e-money services
Jakarta :: Indonesia | 6 days ago
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Under this initiative, a subscriber with an electronic wallet (e-wallet) account with one operator could send money to the e-wallet run by another subscriber. Previously, operators managed their own e-wallets exclusively. Communications and
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Jennifer Openshaw: Execs on their favorite finance apps
New York City :: NY :: USA | 7 days ago
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I was recently at the annual Tiburon CEO Summit in New York, a sort of United Nations gathering of finance executives. Given how often these CEOs seemed to be checking their smartphones, I began to wonder what tools and apps they favored. Somewhat
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E&Y urges Chinese banks to shift focus
Shanghai :: China | 7 days ago
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Despite a slowdown in profit growth by the country's listed banks, growth of income from fees and commissions increased by 24 percent in the first three months of 2013 compared with the same period in 2012, a significant improvement on the 17 percent
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Why People are now using online banking
Online banking has been a common phenomenon now-a-days as Internet is getting more and more popular among the people all over the world. Now, this online banking has some advantages as well as some disadvantages. So, people get to know
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Kenya: Stanchart to Issue New ATM Cards From September
Cape Town :: South Africa | 9 days ago
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Chartered Bank Kenya will start issuance of new pin and chip cards in September to enhance security of its customers ATM cards. Speaking yesterday during the opening of its first digital branch, the bank's head of digital banking and distribution
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?We are confident of keeping our identity?
Sīb :: Iran | 10 days ago
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South Indian Bank is optimistic of maintaining healthy growth going forward An affable banker who speaks the language of the ordinary man, V...Joseph has been heading South Indian Bank (SIB) for a decade now. One of the fast growing private scheduled
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StanChart's branch to run without cashiers
Nairobi :: Kenya | 13 days ago
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A move to do away with bank cashiers took a first step on Thursday with the introduction of an unmanned digital branch by Standard Chartered Bank. Fitted with an improved version of the traditional Automated Teller Machines, customers visiting the
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Kenya: Kenya Pushes Technology Into Overdrive
Nairobi :: Kenya | 14 days ago
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The country that gave the world two groundbreaking innovations in tech-nology: M-Pesa, a mobile banking system, and Ushahidi, a platform for crowd sourcing information during disasters, is now taking its technological talents to new heights. The East
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RBI panel moots India Bill Payment System
Giro :: Nigeria | 15 days ago
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This model will enable the setting up of a centralised infrastructure bringing all the billers and banks to the bill platform through the aggregators...This is part of the ongoing efforts of the central bank in improving payment and settlement
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