Barclays Bank Tanzania has launched service guarantee product, an initiative geared to improve customers’ experience at the bank in the country. Speaking at the launch in Dar es Salaam, Barclays Head of Products, Segments and Retail Strategy & Acting Retail Director, Mr Musa Kitoi, said with the service guarantee initiative, the bank commits to provide
Africa offers multinationals in the United States a compelling trade and investment opportunity thanks to the rapid economic growth rates being experienced across the continent along with burgeoning population growth and increasing urbanization. Economic growth in sub-Saharan Africa has exceeded 5% a year for more than a decade now giving the continent a 4.1% share
Citi has pledged to source $2.5 billion in incremental capital to improve access to electricity for millions of people across Africa as part of the “Power Africa” initiative. Power Africa is a multi-stakeholder partnership between the US Government, governments of several African countries and other public and private sector entities, working to accelerate investment in
Square announced its plans to release Square Reader for chip cards, an EMV solution to combat card fraud and protect sensitive payment data. Continuing its commitment to provide sellers more ways to securely accept payments, Square’s new reader will give sellers the ability to accept chip cards with a low-cost, beautifully designed mobile card reader
ACI Worldwide, a leading international provider of electronic payment and banking solutions, has been recognized as an industry leader by Aite Group, an independent research firm, in its recent report, “2014 Evaluation of Leading Cash Management Providers.” According to the report, “the U.S. cash management industry is ready for change, and investment in the online
Kofax Limited , a leading provider of smart process applications for the business critical First Mile of customer interactions, today announced that a large Australian bank has chosen Kofax software to automate the processing of mortgage applications and ancillary documents, and to redact credit card numbers from bank statements to meet Payment Card Industry Data
Presence of Habib Mohamed D. Habib as board member of London based Habib Bank Limited and Dar es Salaam based Habib African Bank Limited, has no legal problem. Bank of Tanzania Governor, Professor Benno Ndulu said Mr Habib who is board chairman of the local bank and director of the London based bank in which
Barclays Africa is on track to meet growth commitments, achieves strong financial momentum. Barclays Africa Group Limited released its interim results on 30 June. The Group is on track to deliver on the ambitious targets laid out at its annual results in February. Financial results for the six months ended 30 June 2014 reflect a
Huge sales of Apple’s iPhone 5s have helped made biometrics more popular with consumers, who have become used to the intuitive Touch ID fingerprint scanner. Eight in ten (79%) Brits are ready to ditch their passwords in favour of biometric security measures like fingerprint scanners, new research shows. iPhone 5s sales of more than 10 million
Today at the Retail Solutions Providers Associations (RSPA) RetailNOW show, Epson, a leading supplier of value-added Point of Sale (POS) solutions, announced the addition of two new printers to the company’s growing lineup of out-of-the-box ready solutions for mobile POS (mPOS) devices. Epson’s cost-effective TM-T20II and its under-the-counter TM-T70II are MFi (Made for iOS) compliant
