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« May 30, 2008 | Main | June 2, 2008 »

May 31, 2008

Payments News - Weekly Wrap - May 31, 2008

Here's a review of this week's top stories on Payments News. If you missed it, last week's Weekly Wrap is here. Back to the future!: for fun, click for this same week's activity a year ago here on Payments News! Looking for more? Checkout our Other Payments and Banking Blogs page.

You can find all of our Weekly Wrap summaries in the Payments News Weekly Wrap Archive. They're published every Saturday and look back at the highlights of the week's news. Please send us on how we can improve the Weekly Wrap!

It's Saturday - Welcome to the Weekend Mobile Web

Olga Kharif writes for Business Week about the weekend web - and how mobile Internet usage spikes on Saturdays. "Google Mobile reports that the majority of its traffic occurs on weekends." The busiest weekend mobile web site? Craigslist, of course.

The Safaricom IPO

Jack Ewing and Eliza Barclay writes for Business Week about the upcoming initial public offering of shares in Kenya's Safaricom - scheduled to begin trading on the Nairobi Stock Exchange on June 9th. Although not mentioned in the article, Safaricom is the home of M-PESA, perhaps the most successful person-to-person mobile payment scheme on the planet. (See more articles about M-PESA in the Payments News Archives.)

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