Splash Mobile Money Limited ("Splash") and MoreMagic announced today the availability of Sierra Leone's first mobile money transfer system. Splash customers in Sierra Leone can now send money using just the mobile phone easily and without any requirement to have a bank account. continued »

Nokia announced that it will offer its mobile financial service called Nokia Money, which provides convenient mobile money transfer service by making a voice call or sending an SMS. It will enable consumers to send money to another person just by using the person's mobile phone number, as well as to pay merchants for goods and services, pay their utility bills, or recharge ... continued »

NTT DoCoMo announced today a new service that will enable an individual subscriber to use their DOCOMO mobile phone to easily and quickly remit money to another DOCOMO user, beginning on July 21. continued »

Zain and Western Union announced that they will work together to deliver mobile money transfer services in countries in Africa and the Middle East through Zain's new Zap platform. continued »

BOKU has announced the launch of its new mobile payments service, along with the acquisition of both Paymo and Mobillcash businesses. The payments service enables global consumers to make online purchases of digital and virtual goods with their mobile phones. continued »

Fundamo today announced that leading African operator the MTN Group has chosen Fundamo’s Mobile Wallet solution to power its “MTN MobileMoney” service, which will be available to a subscriber base of over 80 million users across 21 countries in Africa. continued »

Venyon and Kasikornbank in Thailand announced today that they are cooperating to evaluate contactless mobile payments in Thailand for a potential service launch in future. As a first step, Kasikornbank recently announced its first Near Field Communication (NFC) mobile payment trial in Bangkok, Thailand. continued »

Motorola announced today that the company has launched a comprehensive mobile commerce solution for financial and retail merchandising needs. The solution, consisting of an M-Wallet and back-end management platform, has been deployed by Union Mobile Pay (UMPay) in China. continued »

Once, NFC (Near Field Communication) was the leading contender among technologies that could enable mobile payments. But NFC has developed more slowly than anticipated, and will not offer viable large-scale mobile payment solutions for at least six years. In the mean time three existing technologies - SMS, mobile Internet and downloadable mobile applications - have the potential to deliver what ... continued »

Vodafone, Safaricom and The Western Union Company announced today that they will partner to pilot a cross-border Mobile Money Transfer (MMT) service between the U.K. and Kenya. This service will enable customers to send cross-border remittances from select locations directly to Safaricom mobile subscribers in Kenya generally in minutes. continued »