Mobile banking widens gap with internet banking in Cambodia

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.

MTN South Africa partnered with banking and financial services companies to integrate digital payments solution Payshap into its mobile money platform MoMo, a move MTN claimed will bridge the gap for the unbanked.

Chinese handset maker Oppo has reportedly apologised to customers in Thailand after admitting to the telecoms regulator that its devices came with pre-installed loan apps that had not been approved by the Bank of Thailand (BOT).