SimplePay users can now send money instantly to any PocketMoni account by logging into their SimplePay account. This is as a result of the company’s partnership with mobile banking and payments services eTranzact. In a statement, SimplePay said it has simplified the lives of thousands of connected Nigerians by eliminating physical cash from financial transactions.
Tanzania’s network of Automatic Teller Machines (ATMs) and Mobile Banking, the ‘Umoja Switch,’ has just gone regional; spreading its digital transactions’ tentacles into three neighbouring countries of Kenya, Rwanda and Uganda. With more than eight years of operation in the country ‘Umoja Switch,’ according to its Executive, Mr Danford Mbilinyi, is also rapidly expanding and
Taisys Technologies Co., Ltd. announced that Kenya’s leading bank Equity Bank will be issuing a ultra-thin mobile banking smart SIM with patented technology from Taisys. Equity Bank customers can now enjoy funds transfer, micro-payments and other mobile financial services that are agnostic across mobile devices, including traditional basic-feature phones using Taisys’s “mBanking” and “duoSIM”. The
Fiserv, Inc., a leading provider of financial services technology solutions,released a white paper that outlines how financial institutions can leverage the mobile channel as a sales platform. Titled, “Sold! Cross-Selling in the Mobile Channel”, the white paper discusses how financial institutions can promote and cross-sell products and services via mobile banking to increase wallet share
In light of the Communications Authority of Kenya’s decision to give tentative approval to the roll out of the SIM overlay technology in the Kenyan mobile telecommunications market, Safaricom Limited states the following: We thank the Central Bank of Kenya and the CA for the preliminary inquiry into the integrity of the SIM overlay technology,
Fiserv, Inc. , a leading global provider of financial services technology solutions, has released a white paper for financial institutions that highlights the unique digital banking needs of business customers, with a focus on mobile banking. Titled “Riding the Digital Wave for Business Banking, Propelled by Mobile,” the white paper discusses how financial institutions can
Twiga Bancorp has announced plans to fully incorporate internet and mobile banking before end of this year to widen access and convenience to customers. The Bank’s Acting Chief Executive Officer, Mr Wallace Msemo, told the ‘Daily News’ in an exclusive interview here during the just ended Nane Nane exhibitions that the software developers were expected
Barclays takes the top spot in Forrester’s 2014 UK mobile banking functionality review, overtaking last year’s leader, NatWest and closely followed by Santander and Lloyds Bank. Using Forrester’s Mobile Banking Functionality Benchmark methodology, the new research evaluates the mobile offerings of the seven largest retail banks in the UK — Barclays, The Co-operative Bank, HSBC,
U.S. Bank was cited as one of two banks that received the top scores for Forrester Research, Inc’s 2014 Mobile Banking Functionality Benchmark. As part of Forrester’s May 2014 report entitled “2014 U.S. Mobile Banking Functionality Benchmark,” five of the largest banks in the country were evaluated and scored on more than 35 criteria. U.S.
Uganda’s Bank of Africa (BOA) has launched a mobile banking platform geared towards earning the bank a larger market share amongst those using mobile money as a way of doing business. Known as Mobile Wallet, the platform will make it easier for BOA account holders as well as those without accounts to send and receive
