Identive Group, Inc., a provider of solutions and services for the identification, security and RFID industries, announced that it has received orders for one million NFC TOM™ (Tag on Metal) phone stickers to enable a banking and payment program in Africa. 800,000 of the NFC tags and all of the NFC phone stickers are scheduled
The Board of Directors of First Data Corporation, a global leader in electronic commerce and payment processing, announced that Frank Bisignano has been named chief executive officer (CEO), effective April 29, 2013. He will also join the First Data board of directors concurrent with his appointment. Prior to the appointment, Bisignano most recently served as
Google has teamed up with Equity Bank, the largest bank in East Africa, to launch BebaPay, a payment card that makes it easier and more convenient to pay for bus travel in Kenya. People travelling on key Nairobi bus routes such as Riruta, Karen and Jogoo Road will be able to pre-load money onto their
I-conférences and MasterCard announced their consecutive fifth year collaboration for the Cartes Afrique forum, a prominent industry event that witnessed strong participation from the electronic banking, digital security, cards, payments and contactless technology communities. The eighth edition of the forum took place at the Kenzi Hotel Menara Palace, Marrakesh on 25th and 26th April 2013,
evriPay, the African based merchant account provider, announced that it’s eCommerce services are now available to online merchants in Kenya. evriPay will allow Kenyan online merchants to accept Visa and MasterCard payments from anywhere in the world on their websites. Every transaction will require 3D Secure authentication and then also be vetted by the CyberSource Fraud Management
AFB, a consumer finance company headquartered in Mauritius, has today opened a new office in Nairobi, Kenya, in a Ksh250 million capital investment. This development brings the number of afb’s offices across the African continent to four, with other offices operational in Lusaka, Accra and Cape Town. Speaking in Nairobi, afb’s Chief Executive Officer Karl
Multi-country study reveals sophisticated payment needs and behaviors of unbanked consumers in developing economies. Preventing theft, ability to send money quickly drives mobile money adoption. Visa Inc. and Fundamo, the Visa-owned mobile money platform, today announced the results of a study that reveals consumers in six developing countries are already highly aware of mobile money
One of the foremost Nigerian financial institutions, Guaranty Trust Bank plc has once again raised the service bar in Nigerian financial institutions with the recent unveiling of its ‘Social Banking’ service on Facebook. The new offering which is the first of its kind by any Nigerian bank allows the public to open GTBank accounts and
The management of UT Bank unveiled its new innovation in Banking dubbed, “UT Bank on Wheels” to its shareholders at the Bank’s 2013 Annual General meeting. The service which will be the first of its kind in the banking industry in Ghana is a mobile branch equipped with communications and technology systems to offer real
The next generation App is the first Banking App in South Africa that allows new and existing customers to open an account in real time, directly from the App. FNB has released a new Banking App customised for tablet devices, complimenting a much larger tablet device strategy for the Bank. From today, the App is available
