Cell phones, biometrics fuel jump in bank account ownership

Roughly seven out of every 10 adults worldwide now have some form of bank account, the World Bank said Thursday, largely due to the proliferation of cell phone-based bank accounts and other simple bank account programs in ...

Why mobile payment technology is leap-frogging in Latin America

The world of mobile payments is one of the hottest segments of the financial technology industry. Based in Miami, YellowPepper has been a pioneer of mobile payment technology in Latin America, where an immense market need ...

Can Africa's mobile money revolution reduce poverty?

When farmer Isaac Tondo fell on lean times in Liberia's long rainy season, his brother in the capital sent 8,000 Liberian dollars (US$87) to his Lonestar mobile money account, ensuring his children's school fees would still ...

Mobile makeover for Britain's scandal-hit banks

With reputations tarnished by the financial crisis and a string of scandals, Britain's top banks are trying to adapt and move ahead by embracing mobile technology.

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