Kofax Limited, a leading provider of software to simplify and transform the First Mile of customer engagement, announced that a top five U.S. property and casualty insurance company has invested more than $500,000 in Kofax Mobile Capture Platform, Kofax Mobile Capture SDK and Kofax Mobile ID to provide its customers with a superior mobile customer
United Bank for Africa (UBA) has launched its U-Mobile service in Tanzania, which will enable customers to acquire banking services on their mobile phones or electronic devices. In a ceremony held at the bank’s headquarters in Dar es Salaam on Friday, UBA became the first bank in Tanzania to have its mobile services accessible in
The banking sector growth has brought fresh small and huge claims among stakeholders since its liberalisation some two decades ago in the country. Over the years, these complaints were either left to be dealt with the main stream courts or with the banks via internal mechanisms – whatever the case, customers, majority of them, seemed
FreedomPay Commerce Platform, North America’s first PCI Validated P2PE solution with EMV and NFC ready payment terminals, has enhanced its offering with a range of new secure devices for merchants that deliver operational superiority to solve for multiple payment use cases. With solutions for retail, restaurant, lodging and e-commerce, FreedomPay delivers the industry’s most comprehensive
D3 Banking, a leading innovator in omnichannel, data driven digital banking, introduced its new mobile app at Net Finance 2015. The app supports mobile-specific functionality such as integrating with cameras for Remote Deposit Capture (RDC), push text alerts and geolocation features. In addition, the interface also allows users to access a quick view of account
The Tanzanian government has advised banks and non-bank financial institutions to extend to rural areas if they wish to be used to channel payments of public servants. The Deputy Minister for Finance and Economic Affairs, Mr Mwigulu Nchemba, said in Dar es Salaam over the weekend that the government was currently using CRDB Bank and
The cheque clearing system goes digital at the end of this week, in a move aimed at increasing efficiency in effecting payments, where transactions are going to be settled within a day, the central bank has said. The new system, designed to take off on Thursday, called Tanzania Automated Clearing House (TACH) is an electronic
MasterCard announced that it has entered into an agreement to acquire Applied Predictive Technologies (APT) for $600 million, subject to customary purchase price adjustments. Applied Predictive Technologies is a leading cloud-based analytics provider. APT’s Test & Learn® platform helps companies tailor investments and maximize bottom-line impact by harnessing analytics to design, measure and calibrate marketing,
Cardtronics Inc. announced that it has signed a long-term agreement with Haggen, a West Coast grocery store chain, to be its largest ATM services provider. Cardtronics is the world’s largest retail ATM owner/operator. According to the agreement, Cardtronics will install and operate 50 ATMs in Haggen’s stores located throughout Washington, Oregon, California, Arizona and Nevada.
The Deputy Minister for Finance and Economic Affairs, Mr Adam Malima, has called upon financial institutions in the country to develop new products rooted in responsible and ethical business practices. He made the call in Dar es Salaam at the inauguration ceremony of the Diamond Trust Bank (DTB) Nelson Mandela branch. Mr Malima said that
