No funds lost in weekend GCash wallet glitch, says Globe CEO

Posted on November 12, 2024 by Guest authors

Globe Telecom president and CEO Ernest Cu said on Monday that unauthorized transactions that affected some GCash wallet users in the Philippines over the weekend were the result of a glitch, and that no funds were lost.

Posted in Mobile Finance

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Mobile Finance

Uganda introduces investment via mobile phone

Guest authors
April 21, 2025
0

Yet another financial innovation using mobile telecommunications has been introduced in Africa. This time, it’s an investment product from Uganda’s MTN Mobile Money (MTN MoMo), a mobile financial service provider.

Mobile Finance

First Abu Dhabi Bank and Mastercard launch mobile-first virtual corporate cards in UAE

Guest authors
December 24, 2025
0

In what is described as a first for the EEMEA region, First Abu Dhabi Bank (FAB) and payment giant Mastercard have officially launched Mastercard’s proprietary mobile-first virtual card number (VCN) solution for businesses.

Mobile Finance

Mastercard and MTN expand fintech cooperation

Guest authors
March 1, 2024
0

Mastercard and MTN Group Fintech have signed a multi-market agreement that will use Mastercard’s technology and capabilities to support MTN’s ambition to become Africa’s largest fintech platform for both merchants and consumers.

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Uganda introduces investment via mobile phone

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Mastercard and MTN expand fintech cooperation

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