The Kenyan government will roll out digital signatures in the next two months to ensure an online identity and verification system to enhance security for online transactions. Speaking at the African Internet Governance Forum (AfIGF) at the Multimedia University in Nairobi, Fred Matiangi, cabinet secretary of information and communication technology, said the digital certificates will
The global African diaspora currently consists of more than 30 million individuals. The International Fund for Agricultural Development (IFAD) estimates that these migrants jointly contribute about US$40 billion annually in remittances to their families and communities in Africa. With this potential in perspective, Diamond Trust Bank, in association with the Nation Media Group (NMG), has
Tanzania’s Bank M has completed cloud migration, seeking to enhance customer experience and security through Google Apps, BlackBerry and Outlook interoperability. Jacqueline Woiso, deputy chief executive officer (CEO) at Bank M, said: “Since the bank’s inception, we have always believed in investing in the best and the latest in technology. “This has been our firm
Habil Olaka, chief executive officer (CEO) of the Kenya Bankers Association (KBA), has called for more investment in mobile money technology by banks to increase accessibility to banking services. Olaka, who officially opened the seventh annual AITEC Banking and Mobile Money COMESA Conference in Nairobi today, said adoption of mobile technology would increase efficiency and
SatADSL has launched a new satellite solution to support the nationwide deployment of ATM networks in areas of East Africa lacking communications infrastructure. The solution, launched at the ongoing AITEC Banking & Mobile COMESA conference in Nairobi, allows ATM operators and banks to deploy the machines in areas where terrestrial communication is not available. Speaking
Safaricom Business has launched online solutions that will enable Small and Medium Enterprises (SMEs) to access affordable high-end software hence transforming the way they manage business. The solutions will allow SMEs access to a Website, professional email, HR Payroll software and accounting software at competitive prices since users will only have to pay for the
Paynet has signed a multi-million shilling deal with AITEC Africa towards facilitating the inviting of experts on online payments to the banking conference. The sponsorship will see various experts in the line of EMV chip technology, secure online payments and payment card industry data security standards (PCI DSS) into the conference to be held in
A couple of weeks ago Safaricom launched a campaign dubbed Lipa Na M-PESA which aims to drive use of mobile money for merchant payments in Kenya. Lipa Na M-PESA is a proximate payment from a customer to a business at the point of sale. Safaricom is running the campaign to fuel recognition among businesses on
Payment solutions firm Paynet Group has announced an upgrade of its systems for issuing EMV chip cards, as Kenya moves towards the March 2014 deadline for switching to the new technology. Karimi Ithau, Paynet Group general manager, said the company has also invested in security standards in data centres to safeguard against rising cases of
Chase Bank (K) Limited, Naivas Supermarket and Visa have announced a partnership to launch a secure prepaid card for shopping convenience in Kenya, featuring the latest chip-based technology to cut the risk of fraud. The prepaid card, which is based on EMV chip technology, allows users to better manage their finances by eliminating the need
