Welcome to Finextra. We use cookies to help us to deliver our services. We'll assume you're ok with this, but you may change your preferences at our Cookie Centre. Please read our Privacy Policy.
So about competition with the star of our previous article — M-PESA. There should be some, right? Safaricom is by far the largest mobile operator in Kenya, with even calls by other operators to decla...
We learned on Thursday 18th October 2018, at the launch event of Pay.uk, that any renewal of the UK's retail payments infrastructure will have to wait until after the renewal of the Bank of England's ...
“M-PESA”: that is a name in global fintech history that can never be erased. Not that anybody would want to. Forever it will be the perfect example of a viable financial ecosystem based on rules unth
Guess what would be the most popular way to make payments in mobile Africa, in highly developed East Africa, in the upcoming West Africa? Don’t kid yourself, it is still cash. But the thing is that t...
Can SWIFT GPI act as a saviour to correspondent banking which is facing extinction due to disruptive Blockchain payments- RippleNet? Both systems have its pros and cons. It is up to financial institut...
[Sourced from the research behind Project Carlton] New Payment System Operator Ltd has just changed its name to Pay.uk Ltd, a shatteringly unoriginal name and unfortunate in that NPSO was meant to sig...
Biometric payments are a way to verify identity, stop fraud and make payments frictionless. However, there are still many consumers that fail to get behind biometrics due to the personal nature of bio...
[Update 29th October 2018 - I have been asked to clarify that phase 2 of Confirmation of Payee (CoP) will include support for individual collection accounts for financial institutions without the nee
Trips to China are routine to me, but this hot August of 2018 was something special. Never before did I have such a feeling of hopelessness and despair, as when I found myself without money, transport...
During an emergency, the government, aid agencies, and the people they help need funds immediately–not in a few days, not in a week, but right now. In situations that require immediate action, a prepa...
The Eurozone banking system will have to gear itself up this autumn to take over the supply of credit from the Eurosystem, as the Eurosystem’s version of QE - called Asset Purchase Programmes – is wou...
What happened in China makes now the whole world pay very close attention. First, back in 2004 when Alipay appeared on Taobao as an escrow system, slowly evolved as a seller accreditation, partnered w...