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T-Mobile US starts trial for Money mobile banking service

2018-11-30 13:22:00| Telecompaper Headlines

(Telecompaper) T-Mobile US has started a trial of T-Mobile Money, a mobile banking service it says will give a 4 percent annual percentage yield (APY) on balances of up to USD 3000, for people putting at least USD 200 per month in their checking account. Users will be able to access over 55,000 no-fee ATMs worldwide with the Allpoint ATM Network. The service is FDIC insured and provides 24/7 customer support. T-Mobile US says the service has for the moment only been rolled out as a pilot, on a limited basis.

Tags: service money mobile trial


Deutsche Bank headquarters raided over money laundering

2018-11-29 11:55:23| BBC News | Business | UK Edition

Prosecutors raid Frankfurt headquarters of Germany's biggest bank in a money laundering investigation.

Tags: money bank deutsche headquarters


Estate agent 'demanding money to view properties'

2018-11-29 01:01:53| BBC News | Business | UK Edition

Prospective tenants at one letting agency have been asked for money in order to view rental properties.

Tags: view estate money agent


Orange, MTN launch mobile money interoperability across Africa

2018-11-23 08:39:00| Telecompaper Headlines

(Telecompaper) Orange Group and MTN Group have announced a joint venture, Mowali (mobile wallet interoperability), to enable interoperable payments across the continent. Mowali makes it possible to send money between mobile money accounts issued by any mobile money provider, in real time and at low cost. Mowali will immediately benefit from the reach of MTN Mobile Money and Orange Money, bringing together over 100 million mobile money accounts and mobile money operations in 22 of sub-Saharan Africa's 46 markets. 

Tags: money mobile africa orange


Orange and MTN launch JV to ramp up mobile money services in Africa

2018-11-23 01:00:00| Total Telecom industry news

International telcos Orange and MTN Group have launched a new mobile money joint venture in Africa, according to a company release. Mowali will enable interoperable mobile payments across the entire continent of Africa, essentially making it possible for users to transfer money via their mobile phones…read more on TotalTele.com »

Tags: services money mobile africa


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