Entersekt’s Two-factor Authentication now Available in Nigeria

Posted on by Staff Writer | 3205 Views | 10 min read

First Authentication Services Limited (FASL) has partnered with Entersekt, an innovator in mobile-enabled digital banking security, to make Transakt available in Nigeria. Transakt is a patented two-factor authentication and app security product that provides full protection from phishing and other attacks targeting the online, mobile and card-not-present channels. Transakt uses state-of-the-art digital certificate technology and proprietary validation

What Lessons Can We Learn From East Africa’s Mobile Money Developments?

Posted on by Staff Writer | 3190 Views | 21 min read

no access to formal financial services or even a traditional bank account. At 85% penetration, mobile phones have become an important element of daily life. While text messaging is most popular, mobile commerce – at 43 percent penetration of mobile users – is redefining the way Kenyans perform transactions leading to a notable shift in

Absa Launches a World Banking First: ChatBanking for Facebook Messenger

Posted on by Staff Writer | 3088 Views | 10 min read

Get the actual and available balance on their transactional account Buy airtime or data for the cellphone registered to their account Get a mini-statement showing the last few transactions on their account Buy PrePaid Electricity* for selected municipalities Make a payment to an existing beneficiary that they have paid at least once before Learn about

Pre-paid Solutions for African Markets

Posted on by Staff Writer | 2858 Views | 22 min read

The use of pre-paid and virtual cards in developing countries While all of the above factors contribute to the appeal of virtual and pre-paid cards in Africa and other parts of the developing world, they also offer customers in these regions a number of other distinct advantages that may not be as pressing elsewhere on