Mobile payment services: Samsung Pay The signing of this agreement enables CaixaBank to enhance the range of mobile payment services it offers. The bank is developing its payment method innovation strategy with the aim of incorporating the latest global trends in its offer. Samsung Pay is a mobile payment service that is: •SIMPLE: To make
The mobile money agency system has made huge progress in increasing access to financial services and reducing the cost of transactions, though in terms of serving the “last mile” – those wishing to make single dollar transactions – there is still much to be done. But the answer may be staring us in the face,
Access Bank Tanzania has appointed agents countrywide dubbed ‘Access Bank WAKALA’ being part of initiatives to expand its range of financial services to its customers. Through the agents, customers can easily access various real time services such as cash deposit, cash withdrawal and initiate the process of account opening remotely without necessarily visiting a branch.
Ericsson announced that MTN Swaziland has deployed Ericsson Converged Wallet, enabling the operator to quickly introduce relevant, new and differentiated mobile financial services. The rollout impacts more than 275,000 existing MTN Swaziland mobile wallet users and 3,000 agents. The new platform serves as a mobile money hub solution, connecting MTN’s operations in several countries, enabling
GlobeOne, a new financial technology company, announced a partnership with InvestaBank and Bankaool that will bring GlobeOne’s mobile banking solution to Mexico later this year. Through this new partnership, GlobeOne will provide a mobile interface for a suite of financial services offered by InvestaBank and Bankaool in Mexico, bringing bank services to those who are
Guaranty Trust Bank Plc, has been awarded ‘Best Corporate Governance, Africa’, for the Financial services category by the Ethical Boardroom Magazine UK. The ‘Corporate Governance Award’ organized by Ethical Boardroom magazine recognizes outstanding companies who have exhibited exceptional leadership in the area of governance and professional ethics to ensure protection and long-term value for all
NCR Corporation continues to deliver consumer transaction technologies and financial services around the world by installing Somalia’s first-ever automated teller machine (ATM) in Mogadishu, the East African country’s capital, with Salaam Somali Bank. “We are excited to bring the first ATM to Mogadishu. The installation serves as a sign of hope for the city as
Mahindra Comviva, the global leader in providing mobility solutions, announced that it has enabled the world’s first domestic interoperable mobile financial service between Airtel Money and Tigo Pesa in Tanzania. The service allows customers to send and receive money directly between the mobile money accounts of these two service providers. The new service made the
DHL are seeing robust growth from their financial services customers in Africa and while the banking sector continues to play a significant role in economic development for the continent, the sector also fueled DHL’s expansion into Africa in 1978 when global banks needed to get documentation to Africa. This is according to Sumesh Rahavendra of
Accenture has opened an Innovation Center for Financial Services in Jakarta to showcase leading digital and mobile-banking innovations designed to support strategic growth for banks and financial service providers in Indonesia. The center offers a new venue for financial industry executives to access some of Accenture’s best thinking on mobile and digital solutions that can
