Cassava Fintech and Comviva have jointly won the East Africa Com Award in “Fintech Innovation Award” category for EcoCash Merchant Payments powered by mobiquity® Money. The award was presented recently at Radisson Blu Hotel in Nairobi, Kenya. This was the inaugural edition of East Africa Com Awards, where 6 awards were presented. EcoCash Merchant Payments
Compass Plus, an international provider of retail banking and electronic payments software to processors and financial institutions, has announced that it has appointed Payhuddle Solutions, a payments consulting organisation, as the authorised distributor of its software products in India, Sri Lanka and Myanmar. As part of the new strategic partnership, Payhuddle will be responsible for
Adyen, the payments platform of choice for many of the world’s leading companies, has announced that it has been named to the prestigious CNBC Disruptor 50 List of the leading private companies changing the world through innovation. The sixth annual CNBC Disruptor 50 List represents the most powerful companies that have created massive disruption by
MobiKwik has announced the launch of Unified Payments Interface (UPI) on its platform via its own VPA (Virtual payment address) handle @ikwik. MobiKwik is the first in the industry to offer UPI access to a huge base of 3 million merchants on its app. MobiKwik is amongst the first few in the industry to offer
nChain and Centbee announced a partnership which will ensure the speedy development of a merchant point of sale (PoS) software development kit (SDK) for the worldwide market. This SDK is an open-source set of tools, processes and interfaces that software developers and system integrators can use to enable retailers to easily and quickly accept Bitcoin
Kenya Power and Lightning Company has continually had to deal with grievances from most of its consumers about token pricing. The latter challenge has left many electricity users in Kenya unsatisfied with the current metric of buying tokens. Prepaid metering was deliberately adopted to introduce convenience into power billing systems. It is clear that many
Mastercard has announced that Miguel Gamiño Jr., most recently chief technology officer of New York City, has joined the company as its executive vice president for global cities. In this newly created role, Gamiño will lead the scaling of urban tech solutions pioneered by Mastercard and shape new partnership models to address cities’ most pressing
Morocco’s largest bank Attijariwafa has enabled their entire ATM base, numbering 1500 ATM’s to accept UnionPay cards. This development officially increases local ATM acceptance of UnionPay to 45%. The UnionPay cardholders can use their cards to withdraw local currency Morocco Dirham at around 1500 ATMs in the country. As the third largest bank in Africa,
Mastercard has announced that it has appointed Kristina Kloberdanz as the company’s first Chief Sustainability Officer. In this newly-created role, Kloberdanz is responsible for leading Mastercard’s approach to sustainability as defined by three key pillars: being good stewards of the environment, making positive social impact, and ensuring high standards of corporate governance. She will drive
The FinTech space in Africa is witnessing rapid growth as innovative new financial services players disrupt the traditional modalities of banking across the continent. Finnovation Africa: Kenya 2018, which will be held on the 31st of May 2018 at the Radisson Blu Nairobi, will gather international FinTech experts together with African pioneers, investors, government policymakers,
