Underbanked / Unbanked News & Media
Western Union, Vodafone, Safaricom partner for mobile money transfer service
December 9, 2008
ENGLEWOOD, Colo. — Vodafone, Safaricom and The Western Union Company are partnering to pilot a cross-border mobile money transfer service between the United…
read nowPrivier expects to reach unbanked, compete with Western Union through the ATM
December 4, 2008
Bank Technology News: There's little argument that banks are failing miserably at making customers of the more than 28 million Americans classified as…
read nowTIO reports revenue gains, net losses
November 30, 2008
BURNABY, British Columbia — TIO Networks Corp., provider of a self-service and multichannel expedited bill-payment network, reports respective revenue gains…
read now7-Eleven fights for stores in Maryland, touts ability to offer financial services through ATMs
November 30, 2008
The Baltimore Sun: A Mount Vernon, Md., group says it has failed to prevent a 7-Eleven from opening in a former restaurant overlooking the Washington Monument.
read nowMoneyGram, Cardtronics team at ATMs in 7-Eleven
November 10, 2008
(St. Paul, Minn.) Star Tribune: MoneyGram International Inc. of St. Louis Park, Minn., and ATM ISO Cardtronics Inc. of Houston will provide MoneyGram money…
read nowVisa offers payWave contactless payment to transit operators
November 3, 2008
SAN FRANCISCO — Visa Inc. is working with the Los Angeles transit authority to allow train, subway and bus riders to pay fares with Visa's payWave-enabled…
read nowN.C.-based Privier develops ATM remittance service for unbanked
November 3, 2008
CHARLOTTE, N.C. — Privier Inc.'s ATMSend remittance service will allow unbanked users to transfer cash using ATMs — without cards or bank accounts — to…
read nowPrepaid phone cards accused of targeting Hispanics for higher fees
October 30, 2008
MSNBC: Gus West uses prepaid calling cards to keep in touch with friends in Nicaragua. Other than the Internet, this is the cheapest way to call…
read nowETranzact patents mobile, cardless ATM tech in global markets
October 22, 2008
Network World: Nigeria's electronic transaction switching and payment processing platform, eTranzact has released the eTranzact CardlexCash ATM — a mobile…
read nowCredit Union 24 signs with Member Access Pacific for prepaid offers
October 19, 2008
TALLAHASSEE, Fla. — Credit Union 24, a U.S. credit union-owned ATM and point-of-sale network, has contracted with marketing partner Member Access Pacific to…
read nowN.C. startup Privier intros cardless ATM service
October 16, 2008
CHARLOTTE, N.C. — Privier Inc., a startup that has launched a no-card ATM service called Privier iTransfer and Privier mPayment, both of which are aimed at…
read nowNetSpend opens emerging-markets channel after plans to acquire Procesa
October 15, 2008
AUSTIN — NetSpend Corp., provider of prepaid reloadable debit cards in the United States, has announced plans to create an emerging-markets channel contingent…
read nowTenn. company signs with Metavante for prepaid processing
October 1, 2008
MILWAUKEE — Metavante Corp. and Community Bank Products have completed CBP's conversion to Metavante's prepaid-card-processing services. Community Bank…
read nowSmart Card Alliance contactless council expands to include mobile payments
September 29, 2008
PRINCETON JUNCTION, N.J. — Recognizing the growing excitement around using mobile phones to pay for goods and services, the Smart Card…
read nowVisa enhances prepaid reload network at ATMs
September 25, 2008
SAN FRANCISCO — Visa has announced an enhancement to its prepaid-reload network, Visa ReadyLink, which enables consumers to add funds to eligible Visa prepaid…
read nowNetSpend sues company it created
September 17, 2008
Austin (Texas) Business Journal: NetSpend Corp. last month filed a lawsuit against MPower Labs Inc., alleging the competitor took confidential information…
read nowTransfer, paybox partner for money-transfer ATM services
August 21, 2008
FRANKFURT, Germany — Paybox, provider of mobile-payment-enterprise solutions, and Singapore-based Transfer To, an international telecommunications company…
read nowAfricans able to make ATM withdrawals without cards
August 13, 2008
iAfrica.com: Absa customers will soon be able to make ATM transactions, including cash withdrawals, without using bank cards, the Africa-based bank announced…
read nowThe unbanked in India: Just a mobile phone call away?
August 6, 2008
CNN: It can scale mountains in a single bound and wind its way down the most wretched roads. It is the mighty cell phone signal — and the latest hope for…
read nowSignage with universal ATM logo now available
August 5, 2008
KNOXVILLE, Tenn. — A Web site created by NSA, provider of field marketing and image-presentation services for large-scale ATM deployments, is supplying ATM…
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