Mobile Banking

MTN announced today that they will launch the MTN Mobile Money product in Rwanda by the end of the year.
A huge opportunity, as MTN will be the first of its kind in Rwanda, which has around 1.5 million cell phone users.
Mobile banking continues to be an emerging trend, and a lot of testing and trial [...]

It’s clear that mobile is the way we are trending in banking and finance. However, is this space limited to undeveloped countries?

Wells Fargo offers customer-to-customer mobile money transfers