BBPOS is set to unveil its new WisePOS, an Android smartphone cum mPOS device in just a few weeks. Achieving flexibility and seamless integration into back-end systems, WisePOS demonstrates its uniqueness by combing a smartphone and mPOS features. It provides superior flexibility for merchants to use the Android platform to develop custom applications and services to reduce complexity and optimize their business.

Xoom Hong Kong

San Francisco-based Xoom, being acquired by PayPal, has launched its money transfer service to Hong Kong. This bank deposit service allows immigrants from Hong Kong and other individuals to conveniently send money online to bank accounts in Hong Kong with their U.S. bank accounts, credit cards, or debit cards.

Citi Mobile Challenge

The Citi Mobile Challenge in Asia Pacific is coming next month. It is part of Citi’s drive to foster digital and mobile innovation in banking. Registration for the Challenge will begin on August 19, and selected participants will demonstrate their concepts at events in Bangalore, Hong Kong, Singapore, and Sydney.