Advertisement

Mozido Launches Mobile Wallet for Underbanked

Feb. 13, 2012

Mozido, a Dallas-based mobile payments firm, has launched a mobile wallet platform it hopes will bring financial inclusion to un- and underbanked consumers around the world. The company said it has expanded a partnership with MoneyGram to enable the money transmitter’s clients to provide remittance services to customers through Mozido’s Genius Wallet application. “Our Genius Wallet brings every mobile phone user, including the unbanked, into a secure, convenient, and efficient financial ecosystem,” said Greg Corona, CEO of Mozido LLC “It offers opportunity and hope for a huge population worldwide, empowering them to enjoy a broad range of banking and financial services often for the first time, using their mobile phone.” In addition to the integration with MoneyGram, which will enable remittance services for approved programs at 256,000 MoneyGram locations in 192 countries, Mozido said a direct-to-consumer interface built into the Genius Wallet allows consumers of all social and economic backgrounds to make purchases and redeem rewards.


  • Worldpay Reports End to Disruption - July 26, 2016
    Worldpay Reports End to Disruption

    On Sunday, e-commerce processor and acquirer Worldpay, which had experienced issues with delayed settlements for several weeks on one of its gateways, announced transactions now are processing normally.


Advertisement


  • Samsung Pay Launches in Brazil - July 19, 2016
    Samsung Pay Launches in BrazilToday, Samsung launched its contactless mobile payment solution, Samsung Pay, in Brazil with some of the biggest issuers in the country including Banco do Brasil, Brasil Pré-Pagos, Caixa, Porto Seguro, and Santander.
  • Apple Pay Coming to Websites - June 14, 2016
    Apple Pay Coming to Websites

    Apple Senior Vice President Craig Federighi announced during the company's Worldwide Developers Conference that consumers will be able to use Apple Pay to make online purchases through the Safari browser on iPhones, iPads and Macs before the holiday shopping season this year.

  • House Republicans Move to Repeal Dodd-Frank, Durbin Caps - June 9, 2016
    House Republicans Move to Repeal Dodd-Frank, Durbin 

CapsIn a speech on Tuesday, House Financial Services Committee Chairman Jeb Hensarling (R-Texas) said he will introduce legislation this month called the Financial CHOICE Act repealing parts of the controversial Dodd-Frank Act, including the cap on interchange banks can charge on debit transactions.

Advertisement

 

 

Sign Up Today Free

Receive the twice weekly CNP Report and monthly feature articles providing in-depth examinations of global CNP issues.

Please take a moment and register.
* First Name:

* Last Name:

* Password:

* Confirm Pwd:

* Email:

Category:

Company:

 
Captcha
Answer:

 

 

CNP Archive

Researching companies or people in the CNP industry? Search our past coverage for targeted news and information.

Search here