MoneyGram and the National Bank of Abu Dhabi partnered to make international mobile money transfers available for the first time to the bank’s customers.

Money-transfer giant Western Union discussed its mobile strategy and the hottest trends in the mobile financial services ecosystem in an exclusive interview.

Money-transfer giant the Western Union Co. is extending the reach and accessibility of its money transfer services with mobile finance initiatives in Latin America, Africa, the Middle East and Asia.

A study by market research firm Data Innovation Inc. found that nearly 70 percent of respondents had used at least one mobile banking and/or payments service in the past three months.

Due to a high volume of underserviced and unbanked consumers, mobile commerce is spreading like wildfire across Africa.