Safaricom has introduced a new enhancement to M-PESA that will enable customers confirm the name of the intended recipient of funds, before completing an M-PESA transaction. ‘Hakikisha’ which has been under pilot for the last one month will be rolled out in phases with a view to covering the entire 21.7 million M-PESA customer base
First Tech Federal Credit Union announced a pilot program with MasterCard that will enable First Tech employees to authenticate and verify transactions using facial recognition and fingerprint biometrics. Dubbed “Selfie Pay,” by industry observers, this initial test will be conducted in a closed environment where First Tech employees will use artificial funds and biometrics. The
UnionPay International announced it cooperated with Bank of Taiwan to enable the acceptance of UnionPay cards (card number starting with 62) on the Bank’s tuition and fees portal, allowing 45 local institutions of higher learning to accept tuition payment with UnionPay cards. The platform is the largest local tuition payment platform, where UnionPay becomes the
PayLease, a leading provider of online rent payments for the property management industry, announced the launch of several mobile solutions that will enable residents to pay rent or HOA dues using a smartphone. Residents of communities who use PayLease can now download a free iPhone or Android app to pay their rent with a mobile
Loop Commerce, the first-of-its-kind turnkey, SaaS solution and checkout that powers gifting for retailers, announced that it is available for online shoppers this holiday season with multiple top brands and retailers. Loop enables a new, personal way to give and receive gifts through a unique e-gifting experience. Its turnkey solution easily integrates with retailers’ online
Bharti Airtel announced plans to launch a cross border money transfer product in East Africa that will enable Airtel Money customers to send, receive and withdraw money from their Airtel Money wallets. The pilot phase will kick off on November 1st, 2014 with the first phase targeting – Kenya, Uganda, Tanzania and Rwanda. This follows
ACI Worldwide, a leading global provider of electronic payment and banking solutions, announced a strategic partnership with Shaw Systems Associates, Inc., one of North America’s largest financial technology companies. The partnership will enable Shaw’s clients to facilitate loan payments for their millions of consumer customers. With the partnership, Shaw’s clients will gain access to ACI’s
Worldpay, a global leader in payment processing, risk and alternative payments, and Syntec, a leading cloud call centre management service provider, have agreed a global partnership which will enable businesses to accept telephone card payments securely without compromising end-user experience. The joint offering has already been deployed by Miele, a leading premium domestic and commercial
American Express Global Business Travel (“GBT”) has announced new servicing and technology tools and platforms that foster stronger connections and enable smarter communications with travelers and travel managers. Central to these solutions is GBT’s focus on interacting with business travelers when and how they want to be reached, and ensuring a seamless experience from trip
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