Equity Bank Group Strengthens with ICT, Innovation And Product Rollout

Equity Bank Group’s focus on enhancing affordability, accessibility and convenience has seen its growth momentum maintained for the period ended 30th September 2013. The regional banking group has posted a 17% growth in customer deposits, a growth of Kshs.28 billion to Kshs.190 billion up from Kshs.162 billion. The impressive growth has been enabled by massive

Sprint and Vantiv Launch Tablet-Based Point-of-Sale

Sprint and Vantiv, Inc. announced the launch of an innovative tablet-based, cloud-connected point-of-sale (POS) system. Vantiv Mobile Checkout, powered by NCR Silver, helps make it easier and more affordable for businesses to transition away from traditional cash registers and manual processes to the latest integrated technology. Vantiv Mobile Checkout, available through the Sprint business sales

Ingenico and African Resonance Implement Outsourcing Business Model for Standard Bank

Ingenico, a leading provider of payment solutions, announced an agreement between its local Value Added Reseller – African Resonance – and Standard Bank, a major Pan-African banking group and one of the four major acquiring banks in South Africa, to implement an innovative outsourcing business model. Within the framework of this agreement, African Resonance will

Ecobank OMNI Unites 30 Countries on a Unified Cash Management System

Fundtech, a provider of global transaction banking solutions, announced that Ecobank, the pan-African bank, has successfully deployed Global CASHplus®, Fundtech’s integrated, real-time cross-border payment and cash management system in 30 African countries. Ecobank began implementation of the innovative Global CASHplus® cash management system with a single-country pilot implementation in June 2011. As a result of

BofA Merrill Shares Trends in Commercial Cards and Payment solutions

Bank of America Merrill Lynch recently hosted its annual conference on trends and developments in commercial cards and payment solutions. The agenda of this year’s conference, entitled “Connect with what’s next,” highlighted the increasingly important role of electronic payments to assist companies with their working capital management. The conference included presentations by BofA Merrill experts

Equity Bank CEO Joins Africa Forum on Public-Private Partnerships

Equity Bank Group, Chief Executive Officer, Dr. James Mwangi has joined a pan African initiative that aims to promote private sector participation in infrastructure and intra-African investment. The initiative brings together over 150 of the continent’s most influential business and government leaders. The campaign is spearheaded by Africa investor, a specialist investment and communications firm

Ingenico Modernizes In-Store Payment Solution for Caché, Inc.

Ingenico a worldwide provider of payment solutions announced that Cache, Inc., a mall-based integrated lifestyle women’s apparel retailer, has selected Ingenico to modernize its in-store payment acceptance and customer check-out experience. The Ingenico iSC 350 Signature Capture point of sale device has been designed to support retailer’s payment solution with a large color display and

Etisalat and MasterCard Look to the Future of Mobile Payments with New Technology

Etisalat Group, the leading telecoms operator in the Middle East, Asia and Africa, at GITEX Technology Week celebrated an enduring partnership with MasterCard that has brought award-winning technology to the market. “Over the last few years, Etisalat has used GITEX as a platform to launch innovative solutions that are now being used by millions of

Exset Launches DMS for African Pay-TV

Television (TV) ecosystem Exset has launched a monetisation solution for Sub-Saharan Africa’s pay-TV services, offering a tailored solution for emerging markets. The digital monetisation system (DMS) offers a unique business and technology model. Avoiding sole dependence on subscriber fees for revenue, the solution makes pay-TV ‘self-financing’. Andrew Pons, director of marketing at Exset, spoke (Wednesday)

eBay Introduces New Features to Personalise and Localise

As technology continues to change the way people shop, eBay today introduced a set of new features that make browsing and buying on eBay more personalized and inspiring. The company also announced a series of steps it is taking to accelerate its efforts in local commerce, including plans to extend its popular eBay Now delivery