Sajid Farooqi

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WorldRemit Raises $100M To Take On Western Union In Money Transfers

WorldRemit, a UK-based startup that is going after the Western Unions and MoneyGrams of the world with a commission-beating online and mobile remittance service, has raised another $100 million — funding that it will use to continue building out its service globally, and specifically in the U.S., …

Tim Cook On Apple’s Future: Everything Can Change Except Values

In an exclusive Q&A, the current CEO discusses the Watch, how Steve Jobs informs Apple’s future, and how Apple lives “outside the box.”<p>Fast Company: How does Steve Jobs’s legacy live on at Apple?<p><b>Tim Cook:</b> Steve felt that most people live in a small box. They think they can’t influence or change …

Instagram Launches Layout, Its Own Photo Collage App

Instagram today announced the debut of a new application called Layout, the company’s next standalone creation tool outside of its flagship photo-sharing application. With Layout, Instagram users will be able to quickly build collages using their mobile photos, which they can then choose to share …

Malaysia’s New Mobile Banking Platform: MyMobile, Poised for Success

Bank Negara Malaysia has recently launched a new mobile payment channel called MyMobile through its wholly owned subsidiary Malaysian Economic …

Banking

Is it a phone, is it a bank?

SWAHILI continues to creep into the language of global finance. M-PESA, a thriving money-transfer system run by Safaricom, a Kenyan mobile-phone …

Can the Internet Replace Big Banks?

<i>Douglas Rushkoff, a media theorist, author, and documentarian. The ideas in this piece are built on the arguments of his new book, Present Shock:</i> …

2013 Banking Trends | The Future of Mobile Banking – RMS

Mobile Banking is becoming more and more utilized among banking customers. This banking trend is moving along hand-in-hand with the increased …

How Was mBanking Successfully Embraced in Bangladesh?

Bringing mBanking to Bangladesh has had many bumps along the road. Before introducing mBanking to Bangladesh, 87% of the population didn’t have a …

Mobile banking user experience needs to evolve

A huge number of people in the UK use mobile banking apps for their everyday banking needs. In fact, for some people, a mobile phone is their first …

Apps

Vatican forever bars woman who bared breasts

The Vatican said it had arrested a member of women's rights group Femen who on Christmas Day bared her breasts and grabbed a statue of the baby Jesus …

Korea's Coupang raises $300M to accelerate growth, offers a glimpse into the future of mobile commerce

Much as we in America might hate to admit it, not all innovation happens within our borders. Take for example, the ecommerce sector where giants like …

The Starbucks mobile wallet: Will fantasy become reality?

July 24, 2014 | by Will Hernandez<p>Starbucks acts more like a technology company than a coffee expert with each passing day. Think about it: A retailer …

PayToo has a different vision for a mobile wallet

Aug. 15, 2014<p>PayToo recently launched what it says is the first cardless ATM network for the unbanked population.<p>The company plans to introduce …

Forget Apple: Starbucks wants to rule mobile payments

Oct. 31, 2014 | by Will Hernandez<p>Starbucks intends to lead the industry in mobile payments and now has some impressive numbers to back those …

Mobile Payments

New guide offers a comprehensive view of ATM and mobile integration

Oct. 30, 2014 | by Suzanne Cluckey<p>Cash isn't going anywhere. But consumers are. And increasing numbers of them are taking along a smartphone.<p>In fact, …

Banking

Credit Card Rewards: The Deals Get Sweeter

Cardholders Can Earn More Cash Back, Get Deeper Discounts and Earn Free Travel Faster<p>Spending money with a credit card is getting more rewarding.<p>Lenders are giving more cash back to cardholders, offering deeper discounts on selected purchases and making it easier to earn free travel. More cards …

Uber launches its business travel service in 41 new countries

In a bid to replace corporate car services, transportation startup Uber announced the global rollout of “Uber for Business” today, introducing the corporate billing system into 41 new countries.<p>Now available in all 45 countries where Uber publicly operates, the business service first launched in …

The US is ready to redefine “television” to include the internet

The US Federal Communications Commission is considering whether to treat certain online video services like cable and satellite TV providers.<p>The move would help the online services get cheaper access to major network programming and could allow them to become stronger competitors to the dominant …

Net Neutrality

What's Next For The Internet Of Things?

Gartner may have placed the Internet of Things (IoT) at the top of its 2014 Hype Cycle for Emerging Technologies report, but it still projects a $1.9 trillion market and 26 billion smart connected products by 2020.<p>That’s rapid growth. Over the next five years the IoT will shift from buzzword to …

What happens to literacy when the internet turns into a giant TV station?

Having once pulled us away from the TV, the web is now evolving into it<p>Video is the future of the web. You can no longer launch a new smartphone, inaugurate a Kickstarter campaign, or even announce a business partnership without accompanying it with a slickly produced video teaser. Video is the …

Pictures of the Week 9.18.14

The Week in Review: Tech Giant on Stage

It was the event we’ve come to expect from Apple: a crowded dark room, a dramatic stage, a detailed presentation and the unveiling of new products …

Tim Cook

Electronic Payments Driving Largest Financial Inclusion Program in Mexico

MEXICO CITY, Sept. 18, 2014 /PRNewswire/ -- Today MasterCard and BANSEFI, the social bank of Mexico, announced a partnership to foster financial …

The Trick to Making Perfect Poached Eggs

Using a sieve will help you get smooth, compact poached eggs.<p>Ever crack an egg into simmering water only to watch the white spread out and form wispy tentacles? It happened to me until I came across this game-changing fix: Break the egg into a sieve set over a bowl. The watery outer edge of the …

How to Boil an Egg: It's Simple—and Complicated!

The ultimate guide to boiling an egg, whether you want it soft and runny or hard-cooked and ready to be deviled<p>It used to be so simple. How do you boil an egg? Easy. Place large eggs (older eggs will be easier to peel) in a medium heavy saucepan. Add water to cover by 1 1/2 inches. Bring to a boil; …

Mobile phones have been a gift for development, says Jeffrey Sachs

Access to, and the use of, technology should not be a standalone goal in any future development agenda because it will be the tool by which the targets will be achieved, according to Jeffrey Sachs.<p>Speaking at a roundtable event at the Social Good Summit in New York on Sunday, the director of the …