Banks move away from buying ATM software bundled with hardware Banks around the world are increasingly looking to separate ATM hardware and software purchasing, according to RBR’s new study ATM Software 2016. For many years, ATM deployers tended to use the application software that was delivered with the hardware, but the increasing complexity of the
www.kegow.com, signing up with their foreign mobile number as the account number, and providing the required KYC information. Once completed, an account will be activated and a Visa Virtual Card issued online. It’s that simple. Once cardholders have loaded Naira from the options provided, they can start transacting. Funds-loading options include remitting via our international
Key highlights of the acquisition include: The current management team of VANSO will be absorbed into the Interswitch management organisation. VANSO CEO, Denis O’Brien will lead the Interswitch mobile payment’s business unit with a mandate to drive aggressive organic and geographic growth. Denis brings nearly two decades of financial technology experience in Africa. VANSO’s existing
Transfast launched a partnership with Uber, offering a free Uber ride to the sender and recipient of funds transfers to Nigeria. The partnership marks the first time Uber has teamed up with a funds transfer company to connect global funds transfer and Uber ridership, according to Uber. Transfast will offer customers and their recipients in
HomeSend and the Commercial Bank of Ethiopia (CBE) announced a new remittance service at the US-Africa Business Forum, that will allow more than 100 million Ethiopians to send funds directly to any mobile number in the East African country. Launched in 2014, HomeSend is a joint venture of Mastercard, eServGlobal and BICS that enables business
Orange has further strengthened its position as a major player in the mobile financial services segment in Africa. This change of status is accompanied by the creation of a new organization, CECOM, which provides mutualized risk and compliance management for its mobile money activities in these countries. A favourable environment In 2015, noting the significant growth
