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Mobile Money Ventures

Welcome to the News View for "Mobile Money Ventures".

Here, on these archive pages, you'll find all of the articles on Payments News for Mobile Money Ventures listed in date sequence beginning with the most recent article at the top of the page.

Click here for a complete listing of what's available in the Payments News Archive - organized by both posting date and subject category.

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September 15, 2014

Headline News from - September 15, 2014

On the Web:

  • The New AmEx - Barron's - "While 64% of card purchases were for travel and entertainment in 1990, those areas now make up just 26% of spending on the cards."
  • The Critical Path #122: Where the Money is - (Horace Dediu) - "How and why does Apple get paid for Apple Pay? Anders and Horace dive into the payments value chain and break it all down for you: whats in it for users, merchants, issuing banks and payment networks."
  • Why Apple Pay could succeed where others have had underwhelming results - ArsTechnica - "Instead, Apple Pay will succeed where others have seen only tepid results because of timing (that key element in both comedy and product launches)."
  • Did Apple just become a big bank? - - “People have been paying in the United States using plastic cards for 40 years. This is, without question, the most significant technological change in payments in four decades.”
  • The Digital Wallet Revolution - New York Times - "That’s the sort of thing that the current generation of digital wallets already promises; the only obstacle is adoption by retailers. But that won’t be an obstacle for long. Frictionless exchange is a killer app."
  • Digital Wallets - Credit Slips (Adam Levitin) - "The term "digital wallet" gets used a lot without much precision. It's important to understand what a digital wallet is, and isn't."
  • Mobile operators abandon joint 'wave and pay' project as Apple looms - Telegraph (UK) - "Weve, a company owned by EE, O2 and Vodafone, has abandoned plans for a standard 'mobile wallet’ service that it was hoped would make it easier for retailers and banks to work with the operators."
  • The ATM and the Battle for Bitcoin’s Physical Interface - CoinDesk - "The ATM Industry Association released a position paper on bitcoin ATMs this month, calling for greater regulation and welcoming bitcoin ATM operators into the fold."

On the Wires:

Updates from Glenbrook:

Note: Headline News is compiled by Glenbrook Partners. Throughout the day, as we spot interesting developments, this post is updated. Do you have news to share? Tell us here:!

June 28, 2011

Intuit Buys Mobile Money Ventures Platform

Intuit logo 140pxIntuit has announced it has acquired mobile Web banking technology assets from Mobile Money Ventures, or MMV, a "leading global provider of next-generation mobile financial solutions."

Mobile Money Ventures, based in San Mateo, Calif., was formed in 2008 as a joint venture that combined the strengths of Citigroup, a leading, global financial services company, and SK Telecom Americas, an early-stage technology innovator.

January 07, 2010

Citi Mobile Launched in Thailand

Mobile Money Ventures has announced the the release of Citi Mobile in Thailand. MMV's solution – now available in six countries – allows customers convenient and secure access to their bank accounts by using their phone's mobile browser. READ MORE »

November 23, 2009

Mobile Money Ventures, CPNI Partner for Mobile Payments

Mobile Money Ventures (MMV) and CPNI Inc. (CPNI) have announced they will be partnering to offer financial institutions "a comprehensive solution that integrates CPNI's mobile commerce solutions into MMV's mobile financial services platform. The multifaceted relationship will combine CPNI's PATsend remote mobile payment technology into MMV's next generation mobile platform, with the opportunity to integrate PATbuy mobile purchases in the next phase." READ MORE »

June 23, 2009

Mobile Money Ventures, Citibank Launch Mobile Banking in Philippines

MobileMoneyVentures_logo-140px.jpgMobile Money Ventures has announced it has teamed up with Citibank to offer the first browser-based mobile banking solution in the Philippines. Citi Mobile Banking allows customers to securely manage their banking needs from their mobile handsets at any time and from any location. READ MORE »

October 30, 2008

Citibank Hong Kong Using Mobile Money Ventures Platform

Mobile Money Ventures, a joint venture of Citi and SK Telecom, has announced that it is providing Citibank Hong Kong with a service platform that supports mobile banking and mobile stock trading. Additionally, MMV has customized features for iPhone 3G users including providing a mobile stock trading application. READ MORE »

July 23, 2008

Mobile Money Ventures Announces First Customer Implementation

Mobile Money Ventures, the San Francisco-based joint venture of Citi and SK Telecom, has announced its first customer implementation with Citibank Hong Kong. According to MMV, Citibank will use the its mobile platform to deliver mobile financial services to its customers in Hong Kong in Q3 2008 including supporting the recently announced Apple iPhone3G. READ MORE »

June 23, 2008

Mobile Financial Services for Android

Mobile Money Ventures, a joint venture of Citi and SK Telecom, has announced that its mobile financial services solution is compatible with Android, a software stack for mobile devices that includes an operating system, middleware and key applications. Google and other players have collaborated on the development of Android through the Open Handset Alliance, a multinational alliance of technology and mobile industry leaders. According to MMV, its offering "will enable financial institutions and carriers to offer customers the ability to use a comprehensive set of mobile financial services on Android-powered mobile devices." READ MORE »

March 06, 2008

SK Telecom, Citi Launch Mobile Money Ventures

SK Telecom and Citi have announced the launch of San Francisco-based Mobile Money Ventures, LLC., a joint venture company that the two companies will use to "develop mobile financial services and technologies that will deliver greater functionality, speed, and convenience to consumers around the world."

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