Equity Bank Issues Mobile Banking Smart SIM to Provide Mobile Banking and Other Services

Posted on by wademinnie | 10872 Views | 8 min read

Taisys Technologies Co., Ltd. announced that Kenya’s leading bank Equity Bank will be issuing a ultra-thin mobile banking smart SIM with patented technology from Taisys. Equity Bank customers can now enjoy funds transfer, micro-payments and other mobile financial services that are agnostic across mobile devices, including traditional basic-feature phones using Taisys’s “mBanking” and “duoSIM”. The

FNB And VISA Focus On Online Fraud

Posted on by wademinnie | 3482 Views | 15 min read

FNB and Visa once again joined forces to launch their 10th Annual Card Security Week (CSW) and announced a 15% reduction in credit card fraud. Columinate, an independent research company, was commissioned to research fraud awareness and card fraud trends in South Africa. “We found that while the overall awareness of card fraud is very

Nigeria’s Largest Church Launches Multiple Network Recharge Cards

Posted on by wademinnie | 11127 Views | 4 min read

Nigeria’s largest church the Redeemed Christian Church of God (RCCG) has partnered with OneCard to launch multiple service recharge cards to offer worshipers access to top-up solution at any of the church’s over 332,000 parishes nationwide. The cards can be loaded on any network. OneCard is a fast moving consumer goods company and under the

Lesetja Kganyago Appointed as New SA Reserve Bank governor

Posted on by wademinnie | 12248 Views | 4 min read

The President of the Republic, Mr Jacob Gedleyihlekisa Zuma, has appointed Mr Lesetja Kganyago as the next Governor of the South African Reserve Bank (SARB) for a period of five years. The appointment is effective from 9th November 2014. In accordance with section 4(1)(a), read with section 5(1)(a)of the South African Reserve Bank Act, Act

Nedbank to Acquire a 20 percent Shareholding in Ecobank

Posted on by wademinnie | 10915 Views | 9 min read

Ecobank Transnational Incorporated (ETI) and Nedbank Group Limited (Nedbank Group) jointly announced that Nedbank Group is to acquire a 20 percent shareholding in ETI. Nedbank Group will subscribe in cash for 4,512,618,890 new ETI shares for USD493.4 million. ETI will repay Nedbank’s loan of USD285 million granted to ETI in 2011 out of the subscription

Ecentric Payment Systems Spotlights Mobile Payments for South African Retailers

Posted on by wademinnie | 10583 Views | 6 min read

Mike Scott, Managing Director of Ecentric Payment Systems spoke at the 4th Annual Mobile Financial Services of the Future Conference in Johannesburg, South Africa. Scott, a leading transaction processing specialist took to the stage to share insight on local retailers’ journey with mobile payments and how to craft a mobile strategy that is inclusive and

SkyVision VPN Solution Chosen by Unity Bank, to Ensure Seamless Connectivity

Posted on by wademinnie | 10323 Views | 10 min read

SkyVision Global Networks Ltd., a leading global communications provider, announced its recent partnership with Unity Bank, one of Nigeria’s leading retail financial institutions. SkyVision provided its satellite-based Virtual Private Network (VPN) services via its local Nigerian hub to support Unity Bank’s LAN network, connecting the bank’s headquarters in Lagos to its numerous branch offices nationwide.

TRA, Bank Launch New Service to Ease Tax Payment

Posted on by wademinnie | 12493 Views | 9 min read

TWIGA Bancorp Limited (TBCL) and Tanzania Revenue Authority have launched a new service to help customers to pay taxes through a network of Tanzania Customs Integrated Systems (TANCIS). The Chairman of Board of Directors of TBCL, Prof Amon Mbelle, said in Dar es Salaam that the partnership was aimed at improving services to customers wherever

Standard Bank Selects Fundtech’s Global Cash Management Solution

Posted on by wademinnie | 11635 Views | 7 min read

Fundtech, a market leader in global transaction banking solutions,  announces that Standard Bank has selected Fundtech’s cash management solution, Global CASHplus, to provide real-time liquidity management, cash flow forecasting, and balance reporting services to its corporate customers. It will give the bank the ability to provide its corporate customers with improved liquidity through full visibility

New Partnership Offers Easier Online Payments in Kenya

Posted on by wademinnie | 10377 Views | 8 min read

Leading online payments solution providers 3G Direct Pay and Payoneer have signed a new partnership agreement to provide lower-cost, more secure and easier means of making regional and global payments for the hospitality industry in Africa. This new partnership provides an end-to-end solution that allows hotels, airlines, and travel agents, among other players in the