­The UK bank, NatWest has launched a mobile phone based service to enable its customers to send money to Poland.

The pilot will take place through a select number of Western Union agents.

Not at all surprisingly, Vodafone is jumping at any business opportunity it sees, trying to make the most of it. After teaming up with Safaricom and Western Union, Vodafone revealed that the companies were involved in the development of a system that would allow Mobile Money Transfers between the U.K. and Kenya, wit...

Vodafone, one of the world’s largest mobile carriers, has announced its intention to provide international mobile money transfers in collaboration with Western Union.  The two companies will launch, as a pilot, a cross-border MMT (Mobile Money Transfer) service between the UK – Vodafone’s home country – and Kenya.  Together with Safaricom, a leading Kenyan operato...

Found under: Western Union, Orascom, Money, Orascom is a mobile carrier working in the Middle East Africa and Asia. The company has partnered up with Western Union to offer its subscribers the possibility of completing money transfers from their mobile phones. A mobile wallet software will be used for quick money transfers from and to a mobile phone via the Western Union global remittance network....

A new report by Juniper Research titled “Mobile Payment Markets: Mobile Money Transfers and Remittances 2008-2013″ forecasts that in excess of 100 million users globally will use their mobile phones to make international money transfers by 2013. These cross-border mobile money transfers are currently in their infancy, but are expected to gain traction over the

Financial services provider Citi announced the launch of a new mobile person-to-person money transfer service developed in conjunction with mobile payments service provider Obopay. According to Citi, the service--launching Tuesday for all Citibank customers in the United States, with a focus on the Boston, Chicago, Maryland, Philadelphia and New Jersey markets--heralds the U.S.'s first real-t...

More than 100 million users worldwide will use their mobile phone to make international money transfers by 2013, according to a new analysis by Juniper Research. Cross-border mobile money transfers is a new trend, but it is expected to gain traction during the net couple of years, especially on migration routes such as Philippines/Middle East and Mexico/ USA, according to Juniper. “The vast incr...

As more and more migrant workers are sending money back home to their families, the rate of adoption of mobile money transfers is growing exponentially. In fact, if a new analysis published by Juniper Research recently is to be believed, there would be more than 100 million users around the world who use their mobile phones

More than 100 million users worldwide will use their mobile phone to make international money transfers by 2013, according to a new analysis by Juniper Research.