MoMo Rwanda and Mastercard launch virtual payment card

Brazil-based digital bank platform Nubank announced plans on Tuesday to join Brazil’s increasingly crowded mobile virtual network operator (MVNO) space in a bid to expand its portfolio beyond financial services.

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.

While it’s been a holiday season in many parts of the world, it’s been a busy week for Safaricom Ethiopia – at least in terms of significant announcements involving M-Pesa services and coverage growth.