Tag: Citi

Consumer attitudes to NFC

Despite all the recent hype around mobile payments and NFC with announcements from Orange and Barclaycard in the UK and Google Wallet launching in the US with Citi and MasterCard there is still a certain amount of skepticism. Consumer attitudes vary quite radically, depending on when they were surveyed and where they live.

Why should a small town be worried about its banking…

Did you hear about the unfortunate heist in Eliot, ME in the US, earlier this month? As reported by blogger-turned-detective @briankrebs, computer crooks in Eastern Europe stole $28,000 from the New England town of Eliot in Maine. Brian Krebs alerted the town controller to the possibility that its accounts were being emptied as money was […]

Mobile Money: Is it reaching its potential?

Mobile money has a lot more to offer than meets the eye. It is not just a way to facilitate financial transactions; it’s having a substantial impact on economic development. For example, Meneske Gencer, founder of mPay Connect, blogger, and author of Mobile Money Movement, found that mobile money is increasing household GDP in emerging markets […]