Experts predict that mobile banking in the Middle East and Africa will jump from 19,8 million to 82,1 million users by 2017. Over the last five years the developing world has experienced substantial growth in the adoption of mobile technology. Emerging markets offer not only new possibilities for traditional banking but major potential for transformative
The rising threat of automated teller machine (ATM) fraud, and the innovative technology solutions that financial institutions could adopt to address security challenges, will dominate discussion at tomorrow’s conference in Nairobi. At the event, Diebold, Incorporated and its Kenya distributor, Tracom Services Ltd., will showcase advanced self-service technology and security solutions that boost branch productivity
The South African eCommerce Conference will be held on 11 September 2013 at the Sandton Convention Centre and promises to be an educational and inspiring event focussing on all aspects of eCommerce in relation to the local market. uAfrica.com has secured a phenomenal line up of speakers from the likes of Google, Bidorbuy, Mxit, Aramex,
E-commerce in Africa has grown dramatically over the past year, says Robin Philip of payment services provider PayGate, and is now in a position to support the massive consumer boom that’s happening across the continent. “A year ago we said e-commerce in Africa wasn’t ready for take-off yet, largely because there weren’t enough acquiring banks
Payvia, the direct carrier billing mobile payments and messaging provider, announced a partnership to integrate its mobile payments technology with Mobile XL, whose feature phone browsing platform provides access to digital services such as Facebook, Twitter, email, news, sports and games for millions of people in Africa and India. Mobile-XL browsers use SMS as a data
Gemalto, the world leader in digital security, announces that its UpTeq NFC SIM embedded software and product has been selected by Chunghwa Telecom (CHT) to secure its NFC payment program. CHT is Taiwan’s largest mobile network operator with 10 million subscribers. The initiative, using the SIM as the secure element to safeguard mobile NFC transactions,
Ensygnia, the mobile payments company backed by Telefonica’s technology start-up accelerator Wayra, today confirmed it had been granted its second UK patent. The company, which recently closed its $3.3m start-up funding round, added that its granted UK patents now covered both log-in and payment processes. Ensygnia also confirmed that it had now acted on its
Tangazoletu Limited recently launched one of its products ‘Spot Cash’ at the Hotel Starbucks in Karatina town of Central province, Kenya. Speaking during the event, the company’s Technical Director Chris Gathingu, clearly explained that members of SACCOs (Savings and Credit Cooperatives) and Microfinance institutions will now be able to withdraw and deposit their money from
MasterCard today announced the appointment of Mohammed Qadadeh as Vice President, Head of Government Services and Solutions (GS&S) in Middle East and North Africa. The announcement is an integral aspect of MasterCard’s ongoing efforts to strengthen its investments in the government sector across Middle East and Africa. As a key member of the MasterCard Middle
Kipochi Ltd has launched a groundbreaking solution that allows people to send/receive BitCoin and convert it to and from an M-Pesa balance. This enables Kenyans to receive money transfers from the diaspora in an easier, faster and cheaper way, compared to using banks and money transferring services such as Western Union and MoneyGram. Kipochi is
