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TECH 17 Feb 2014 | 11:10 AM

Skype-type money swaps bad news for banks?

Irked by high bank fees on international money transfers, two Estonian IT whizzes who helped engineer Skype and Paypal have hatched Transferwise, a global Internet platform coordinating currency swaps between individuals.

Technology 13 Oct 2014 | 12:25 PM

French bank, Twitter team up for money transfers via tweets

One of France's largest banks is teaming up with social network Twitter Inc this week to allow its customers to transfer money via tweets.

TECH 16 Apr 2019 | 2:30 AM

Why parents should start teaching their kids about money at an early age: opinion

How did you learn about money when you were a kid? Maybe your parents handed you a few dollars to swing by the grocery store for milk. After getting through the checkout line and carefully counting out the change, perhaps you stuffed the rest back into your pocket and headed back home.

TECH 07 Apr 2017 | 3:00 AM

As millennials ‘Venmo’ each other money, banks fight back with their own mobile apps

Odds are, you've at least heard of Venmo, but there's also a good chance you haven't used the mobile app or anything else like it to send money to family or friends.

TECH 21 Mar 2016 | 8:44 AM

Bangladesh heist exposes Philippine dirty money secrets

When mystery hackers launched a stunning raid on Bangladesh’s foreign reserves, a plot worthy of a John le Carre spy novel was sparked in the Philippines, exposing the South-East Asian nation as a dirty money haven.

TECH 08 Mar 2015 | 7:00 AM

For the unbanked, mobile money still has some way to go

Globally, an estimated 2.5 billion people don't have a bank account, but many own a cellphone, fuelling a race to turn these phones into bank books for the 'unbanked' to store cash, manage their accounts, make purchases and send and receive money - part of so-called 'financial inclusion'.

TECH 20 Jun 2019 | 11:19 AM

In his remit: African fintech entrepreneur helps migrants move money

The money transfer business is personal for Ismail Ahmed. It was cash wired by his family that allowed him to make the final leg of his journey from escaping fighting in his native Somaliland to London in 1988 to take up a university scholarship.

TECH 05 Apr 2017 | 3:00 AM

Need cash? Azimo lets recipients sort out money transfer headaches

UK based online money transfer firm Azimo is turning the process of sending remittances on its head by allowing mobile phone and computer users to send cash to any mobile phone number via text message.

Technology 21 Sep 2016 | 7:00 AM

Pocket change: Myanmar banks on mobile money

Carrying her wages in wads of cash across Myanmar was once a risky, onerous but unavoidable ritual for maid Khin Myint Oo. But now she just pings off a text to move the money to her children back home as mobile banking sweeps the country.