MasterCard has launched its Mobile Money partnership program with Indian mobile services provider Comviva, mobile messaging service Sybase 365, and a Singapore-based mobile financial services company Utiba as initial partners.

FORBES: MasterCard Targets its Next Billion Customers with Mobile Partnerships

They must encourage their financial service providers to offer more Mobile Money functionality.

FORBES: Paying With Your Data: The Real Promise Of Mobile Wallets

Despite the proliferation of online and mobile service offerings and the rise in cyber crime, banks and financial institutions can fight back.

FORBES: Enlisting Customers in Managing Cyber Fraud Risks

Mobile money is the next big thing and Tayo Oviosu is already bringing this revolutionary financial service to Nigerians.

FORBES: Nigeria's Mobile Money Startup Pagatech Fills A Need, Attracts U.S. Investment

At the same time, it is critical that financial service providers ensure that they lead the charge in shaping the emergence of Mobile Money.

FORBES: Paying With Your Data: The Real Promise Of Mobile Wallets

This summer, Go Daddy acquired Outright.com, a cloud-based financial management application and the company also formed a partnership with DudaMobile to launch mobile Website Builder, a service that automates the integration of Web and mobile sites to save businesses time and expand their customer reach.

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