Venmo is a popular mobile payment app that allows you to send and receive money from friends and family quickly and easily...

Mobile payments are regulated. Money Services Businesses (MSBs) must be licensed in the state(s) where they do business and must comply with suspicious activity reporting and money laundering ...

PayPal’s mobile transfers match the rest of the ... digitally without relying on any physical exchange of money. The payment sender and recipient rely on digital means to exchange money.

According to the Bank of Ghana’s 2023 Payment Systems oversight Annual Report, total volume of Mobile Money (MoMo) transactions recorded in 2023 peaked at 6.81 billion from 5.07 billion in 2022.

Mobile money has quickly become a powerful tool for financial inclusion in Ghana, promising convenience and improved financial services. But the explosive digital financial landscape is coming ...

Block Inc has agreed to pay a fine of $80 million to a group of 48 state financial regulators after the agencies determined ...

The latest data released by the Nigeria Inter-Bank Settlement Systems (NIBSS) has revealed that licensed mobile money operators including Palmpay, ...

If you were still in doubt, it appears he was not joking about his ambitions to make X (Twitter) a super app. They have the ...

The parent company of mobile banking platform Cash App has been ordered to pay $175 million to users ... The fund provides money to people who have been "harmed by companies that break federal ...