Ingenico Group, FreedomPay and ScanSource Consortium Power the First PCI-certified P2PE and EMV Payment Solution in North America

Posted on by wademinnie | 9838 Views | 11 min read

Ingenico Group, global leader in seamless payment, has joined with FreedomPay, a state-of-the-art commerce platform and payment processor, and ScanSource, Inc., the leading international value-added distributor of specialty technology products, to release the first Payment Card Industry-certified, fully-functional, point-to-point encryption payment solution in North America. Leveraging secure devices, applications and processes – Ingenico’s On-Guard and

Growing Your Business in Africa: Tips form Industry Leaders

Posted on by wademinnie | 4450 Views | 13 min read

Duo Marketing hosted a breakfast this week where Rean van Niekerk from Matacom and Vahid Monadjem from Nomanini spoke on their different experiences of doing business within Africa. Van Niekerk, who is the founder and MD of Metacom, who provide machine-to-machine and business-to-business communication services for their clients spoke on how they have entered 12

Stanchion and Ecentric Payment Systems Ensure Secure Transacting with Futurex Hardware

Posted on by wademinnie | 6483 Views | 13 min read

Transaction processing specialist Ecentric Payment Systems is boosting the performance and security of transactions by implementing hardware encryption devices supplied by Stanchion Payment Systems. The Futurex devices are unseen to the general public, yet perform an essential function every time a credit, debit or other card is used: they make sure the information exchanged between

Bitcoin Exchange BitX Launches in Kenya

Posted on by wademinnie | 9326 Views | 8 min read

Bitcoin exchange BitX has launched in Kenya, integrating preferred local financial systems such as M-Pesa and bank transfers to enable efficient international payments. In an interview with HumanIPO, Timothy Stranex of BitX said the company always customizes its service for the local audience when launching in new markets to ensure the service can be used

Equity Bank’s Investment Arm to Collaborate With Exotix Partners

Posted on by wademinnie | 9044 Views | 13 min read

Equity Bank Group’s investment banking subsidiary-Equity Investment Bank-has announced the signing of a collaborative agreement with global investment services firm, Exotix Partners LLP, as part of its market development strategies. The signing of the agreement, will allow the two Investment Banking players to collaborate closely on their respective research, sales and trading platforms. Based in

Wells Fargo Launches Startup Accelerator for Financial Services-Inspired Tech Innovators

Posted on by wademinnie | 10831 Views | 13 min read

Wells Fargo began accepting applications through October 1 from young companies interested in joining the new Wells Fargo Startup Accelerator, a semiannual boot camp for innovators whose technology ideas in payments, deposits, fraud, operations and other fields could shape future customer experiences in financial services. Wells Fargo will make a direct equity investment of $50,000

Safaricom Cuts M-Pesa Transaction fees for Low and Medium Value Cash Transfers

Posted on by wademinnie | 7152 Views | 8 min read

In line with its strategic objective of transforming lives through financial inclusion, leading integrated communications service provider Safaricom has announced a targeted reduction of transaction fees levied by the operator on its most popular person to person M-PESA transaction bands. The new tariffs, which are set to take effect from Thursday 21st August, 2014, will

Standard Chartered Bank Presents National Payment Strategy Document to Bank of Ghana

Posted on by wademinnie | 8961 Views | 15 min read

The Ministry of Finance is in the process of developing a financial inclusion strategy to ultimately increase access to financial services. The Ministry will also work closely with the Bank of Ghana and the private sector to find a lasting solution to challenges of the retail payments system. Hon. Mona Helen Quartey, Deputy Minister for

Nomanini Mobile POS Reaches a Million Transactions

Posted on by wademinnie | 10484 Views | 5 min read

Nomanini announced that informal vendors and micro-entrepreneurs across Africa have made a million cash transactions using its tough terminal. The South African-based mobile Point of Sale platform was created to enable cash transactions in emerging markets. It has proven popular for the distribution of mobile prepaid airtime and electricity with plans to enable other transactions,