2015 09 15 Of 46 Android apps from Brazil, India, Nigeria & Thailand, half were found to improperly encrypt comms, potentially allowing attackers to steal. Analysis exposed many vulnerabilities: applications created their own comms protocols that could allow attackers to capture account information,impersonate users & steal. Some of the weaknesses would require an attacker to be nearby, others from anywhere globally. #fraud #software #encryption #branchlessbanking #mobilepayments #payments
2015 09 10 IIT firm AVLC Group has developed Instant Matrix, an android-based application, joining a number of companies such as a UK-based Skrills that has partnered with #M-Pesa to offer #mobile #money #transfer services.
2015 06 15 Over half of all @WorldRemit's 300,000 monthly transfers are on mobile and Ahmed expects that to rise. He says: "There are 261 mobile wallet providers. Our aim is to connect to each one." #remittance #lowincome #fintech
Peru mobile money scheme could herald a new dawn for nuevo sol