Zimbabwe banks say cellphone giant EcoCash is stealing their business, adding that it is unregulated. But what do consumers want?
South Africa's banking and cellphone giants are in a battle to reach the 11-million people in the country with no bank accounts.
Mobile money is one of the fastest-growing sectors in the financial-services environment.
Cellphone banking safely entails being aware of new or potential threats.
Left your wallet at home and need cash? Just use your cellphone to draw cash from an FNB ATM.
The Mobility 2011 research project finds that 37% of South Africans in urban and rural areas use cellphone banking.
How can you ensure that your cellphone banking experience is safe? Follow these simple guidelines.
An Afghan police officer gets his salary in a SMS on his cellphone. A Kenyan worker dials a few numbers to send money to his family.
MTN on Monday said it was launching a mobile banking service in 21 African and Middle East countries where there is poor access to traditional banks.
Mobile banking has not yet transformed the unbanked but successes are notching up with the right strategies in place, writes Maya Fisher-French