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Tags Posts tagged with "Payment systems"

Payment systems

Indonesia falls behind in mobile banking

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Mobile phone banking has already transformed the provision of financial services in emerging markets such as Kenya, Mexico and even remote and poverty-stricken Papua...
Dubai start-up plans to introduce 400 Bitcoin-enabled ATMs

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After revealing its first Bitcoin-enabled ATM in Dubai Media City in April, Dubai-based IT start-up Umbrellab said it plans to activate 400 cash machines...
PayPal want to boost e-commerce for start-ups in the Middle East

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US-based online payment company PayPal, a subsidiary of eBay, has announced that it will be partnering Cairo Amman Bank to help boost ecommerce in...
Singapore fears money laundering through Bitcoin

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The Singapore government has said it plans to regulate virtual-currency intermediaries including operators of Bitcoin exchanges and vending machines to address potential money-laundering and...
First Bitcoin ATMs open in Singapore, Hong Kong

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Even though the recent bankruptcy filing of Japanese Bitcoin exchange Mt. Gox has shaken the Bitcoin community, there seems to be still enough confidence...
Vietnam bans use of Bitcoin

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The government and the State Bank of Vietnam do not recognise Bitcoin as a means of payment in the territories of Vietnam, a release...
Bitcoin finds market in Indonesia

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The digital currency Bitcoin meets rising interest in Indonesia as the country's official currency, the rupiah, has dropped sharply over the past months and...
Thailand first country to ban digital currency Bitcoin

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Thailand has banned the global peer-to-peer payment network Bitcoin after the country's central bank decided that Bitcoin "is not a currency". Bitcoin said on its...

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As the use of cash decreases worldwide, banks are struggling to find a new method of payment to appeal to their young, mobile customers. ...