Mobile Money Services for the Unbanked Continue to Grow Worldwide

Mobile Money services are spreading at an increasing pace worldwide, according to the new GSMA “State of the Industry” report released this week at the Mobile World Congress 2014 in Barcelona, Spain. The report contains data from the Mobile Money for the Unbanked (MMU) Deployment Tracker, which monitors the number of live and planned mobile… Read more


50+ Fascinating Stats about Mobile Commerce in the US

In the Econsultancy blog, David Moth recently wrote an article compiling “more than 50 of the best stats from surveys and reports” on mobile commerce over the past 12 months. Here are some highlights: Mobile Ownership Pew Internet Project research from May 2013 found that 91% of US adult had a cell phone, while 56%… Read more


Ovum: Banks are Most Trusted Mobile Payments Service Provider

According to the new 2014 Trends to Watch report from analyst firm Ovum, consumers will lean most towards mobile payment and digital wallet services associated with financial brands. This is supported by Ovum’s Consumer Insights Survey, which shows that 43% of respondents chose banks as their most trusted mobile payments service provider, followed by credit… Read more


Mobile Money Industry Insights – February 13, 2014

News and insights from the Mobile Money industry, by Monitise Senior Vice President, Industry & Investor Relations, Andrew Griffin. ANALYST REPORTS Celent on Payments Trends:  Celent’s “Top Trends in Retail Payments: A Year in Review” report covers many of the important issues that banks should be taking notice of, including: the power shift to merchants… Read more