Mobofree to launch local presence in Lagos

Social marketplace Mobofree has announced plans to have local presence in Lagos, Nigeria. Out of the platform’s 3 million users, 2.2 million are in Nigeria. Having a local presence in Nigeria according to Cristobal Alonso, Co-founder and Chairman of the board of MoboFree, would enable MoboFree to offer its users on-ground support services. “We are

Mobile Phones Speed Up Financial Inclusion

The use of mobile phone money services has proved to be efficient means in speeding up financial inclusion, a senior official with the Bank of Tanzania (BoT) has said. BoT Senior Legal Counsel Mr George Ben Sije said in an interview in Bagamoyo last week that the partnership between financial institutions and telecom companies has

Anovia Payments Partners with CardFlight to offer Mobile Point of Sale Solutions to Merchants and Developers

CardFlight, a leader in mobile point of sale (POS) technology, and Anovia Payments, a leading payment service provider, are announcing an agreement to provide customized mobile payment solutions to Anovia’s VARs, partners and merchants. As part of the partnership, Anovia will leverage CardFlight’s SwipeSimple product as their preferred mobile POS solution. Launched earlier this year,

PAC Tells Police in Tanzania to Go Electronic in All Payments

The Parliamentary Public Accounts Committee (PAC) has directed the Police Force to ensure that all collections, including road fines are made electronically to help check all loopholes of dishonesty and increase government revenue. PAC Deputy Chairman Deo Filikunjombe issued the directive on Thursday when the committee met senior police officials at the Parliament’s Sub-Head Office

FNB Tanzania Launches Premier Banking Services

Customers of First National Bank (FNB) can now enjoy unrivalled premier services at its banking suite at Peninsula branch in Dar es Salaam. FNB’s Chief Executive Officer, Mr Dave Aitken, said in the city on Wednesday during the launch of the service that through the centre, premier customers will be provided with a dedicated Relationship

MECU deepens relationship with members through digital banking from Digital Insight

NCR Corporation, the global leader in consumer transaction technologies, announced that MECU, a credit union serving the community in Baltimore, Md., will use digital banking services and solutions from Digital Insight, an NCR company, to deepen its relationship with its members. The new online and mobile banking experience went live in September, providing members with

DirectBuy Expands Partnership with FTNI to Accept Online Payments in the U.S. and Canada

DirectBuy, the membership club that enables members to save across a wide variety of merchandise for their home and lifestyle, and Financial Transmission Network Inc. (FTNI), a leading provider of payment processing solutions, announced that DirectBuy has recently expanded its use of FTNI’s cloud-based receivables processing platform, ETran, to process and manage all online merchandise

MasterCard Makes Key Appointment to Meet Growing Interest in Islamic Payments

MasterCard announced that it has appointed Safdar Khan to lead its growing Islamic payments business in Southeast Asia with immediate effect. Mr. Khan, who is currently country manager for Malaysia and Brunei, will also be promoted to the role of group country manager for Indonesia, Malaysia and Brunei. He will continue to be based in

Mozido Receives $185 Million in Series B Funding from MasterCard

Mozido, a provider of mobile financial, retail and marketing services, announced a two-part round of Series B funding of up to $400 million. The first $185 million has been funded by MasterCard, Wellington Management, H.R.H. Sheikh Nahyan of UAE, and Julian H. Robertson, Jr., chairman and chief executive officer at Tiger Management. A total of

MTN Zambia Voted Second Most Trusted Mobile Money Transfer Company

MTN Zambia was last Friday, 17th October 2014 recognized as Zambia’s Most Trusted Telecommunications Operator and Internet Service Provider in the inaugural Zambia’s Most Trusted Organizations Awards. The company was also voted second most trusted Mobile Money Transfer Company. We wish to thank our customers and the general public for the trust and confidence shown