In 2011 when mobile financial service (MFS) was introduced in Bangladesh, 27 banks took the approval from the central bank as many had correctly predicted an impending boom in mobile banking amid ...

Pan-African digital payments company MFS Africa is acquiring U.S.-based Global Technology Partners (GTP) in a cash-and-shares deal worth $34 million, FT reported today. There are very few deals of ...

Transactions through the Mobile Financial Services (MFS) are on the rise thanks to the pandemic, as only 40% of such account owners can operate accounts by themselves, according to a survey report of ...

Pan-African fintech MFS Africa announced on Monday it now reaches more than 320 million mobile money wallets and notably enables a range of banks, telcos, money transfer operators, and other financial ...

Customers are increasingly opting for mobile financial services to top up balances, helping mobile carriers earn more than Tk 1,000 crore a month for the first time from the sales processed through ...

International insurance group Hollard Insurance and independent mobile financial services enabler MFS Africa, have launched the world s first mobile money insurance service, mi-Life. mi-Life is ...

Mobile Financial Services Africa (MFS Africa) has been set up to accelerate the emergence of mobile payment as a mainstream product across Africa, by facilitating the development and the operations of ...

The telecom regulator came up with the clarification in a media release on Tuesday after confusion was created following a June 13 notice asking the MFS companies to pay the mobile phone operators for ...

London — Mobile money in Africa started as a workaround with people exchanging airtime as a way of sending money. Out of this small seed of an idea has come a whole ecosystem that is both bigger than ...