Financial

Nine mobile network operators across 48 countries in Africa and the Middle East have signed on to the GSMA’s Mobile Money Interoperability program in a bid to develop and implement convenient and affordable mobile phone-based financial services across the regions.

Bitcoin is having serious teething problems. Most of these problems are associated with bitcoin storage or conversion, and should settle down as the currency is more widely accepted. Assuming this happens, let's look at the strengths and weaknesses of a mature Bitcoin currency in a modern economy.

The value of a thing is what it will bring, or so says an old financial aphorism. It appears that the value of Bitcoins earlier in the month was such than 91.4 Bitcoins = one used Tesla Model S.

PayPal is teaming with the SETI Institute and the Space Tourism Society to brainstorm how to extend the PayPal brand across the Solar System.

The Proverbial Wallet project at MIT is looking at “un-abstracting virtual assets” with wallets that provide tactile feedback that reflects a person’s current financial state.

The demon drink has indeed become a sound financial investment. Yesterday a bottle of Dalmore Oculus whisky sold for a GBP27,600 (USD47,000)

Nokia’s new Nokia Money service will let users send money, pay for products, recharge prepaid SIM cards and pay utility bills, just by using the payee’s mobile phone number.

ADT has released their anti skimming security solution to help prevent theft of financial information at ATMs.