Nest, early-stage venture capital firm and global innovation accelerator to launch the Visa Bootcamp, an intensive 4-day FinTech bootcamp. The first-of-its-kind programme in Africa is designed to accelerate innovation from across Africa and the world shaping the future of finance for consumers and businesses across the continent. The Visa Bootcamp will power collaboration opportunities between
TransferTo, leading B2B cross-border mobile payments network has appointed Sandra Hua Yao to lead TransferTo’s business operations in East Africa. The appointment is part of the company’s continued geographic expansion to support its global strategy and grow TransferTo’s presence in the emerging markets. Sandra Hua Yao, Vice President, Business Development joins from the National Bank
Best Mobile System/Service Initiative’ for its innovative FNB Banking App during the Annual Banking Technology Awards 2016 held in London last week. The FNB Banking App demonstrated excellence and the best innovative tech approach worldwide in the Digital category for the use of mobile to provide services to clients within the banking sector. Yolande Steyn,
Accolades In April 2016, SimbaPay was selected as one of 10 companies to join the first ever Barclays Accelerator powered by Techstars in Africa. The app continues to disrupt the cross-border remittance industry with its focus on extreme speed and convenience In 2015, SimbaPay was named the Overall Winner at the prestigious Demo Africa 2015
From contactless payments to contactless withdrawals Near-field communication (NFC) technology is nothing new. It is the successor to radio frequency identification (RFID), which allowed devices to transfer small amounts of data between each other. NFC uses microchips that can be embedded in nearly any object to do the same thing. Keyholders, debit and credit cards,
How It Works Building on other proprietary services, Decision Intelligence is a new way of solving an old problem using sophisticated algorithms to provide a predictive score to the issuer, based on intelligent analysis. They then incorporate that information into their existing fraud mitigation efforts. Alternatively, issuers can activate the holistic Mastercard tool, which makes
