Mobile Mbanking Shots

Article

A BI-ME interview with Mi-Pay chief technology officer Simon Cavill on the growth of mobile banking and remittances, with a particular focus on the Middle East and Africa, where Mi-Pay was expanding its data centre capacity to support regional operators. The piece traces Mi-Pay’s origins as a spin-out of Logica’s payments business and discusses how mobile banking was extending financial services to unbanked and rural populations lacking access to traditional bank branches, ATMs or fixed-line telephony.