Mobey Forum signs up new members

Mobey Forum signs up new members

Bank-backed mobile financial services consortium Mobey Forum has signed up another six members this year as industry interest in m-payments continues to grow.

The forum, which has been running for 10 years, works with financial institutions, mobile network operators, handset manufacturers, payment processors and vendors, to promote open and secure technology standards.

China Guangfa Bank, Infobip, Misys, Nykredit, Oberthur Technologies and Western Union have joined around 50 other players in the last few months.

The not-for-profit now claims to collectively represent more than 460 million banking customers around the world, which is more than 25% of the global customer base.

Sirpa Nordlund, executive director, Mobey Forum, says: "By taking the decision to participate in Mobey Forum, each of the new members has demonstrated its intent to be involved in creating a sustainable, scalable and user-friendly mobile payments landscape."

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