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Monrovia, Liberia: Liberia Finance & Trust Credit
Union is introducing a secured electronic payment system into the
financial sector of the Liberian economy including the use of
“SICACARD” a credit/debit card product for all commercial activities and
banking/credit union products and services, according to a news
release just issued by the management...
Cairo, Egypt: Masary has launched successfully its
Mobile and Internet wallet to distribute e-services commercially for the
first time in Egypt. It comes after its success in the Egyptian market
through more than 600 POSs and merchants throughout Egypt... | |
Kigali, Rwanda: Since the introduction of 'Mobile
Money' platform one month ago, MTN Rwanda has added active subscribers close
to 30,000 of the over 1 million MTN mobile clients... | |
Accenture has announced a new secure, high-speed,
high-volume mobile financial transaction software solution for
telecommunications service providers and large banks. The mobile money
management solution allows firms to reach customers... |
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FEATURES, PEOPLE AND BRANDS
Players in the microfinance industry are looking forward to the
establishment of branchless banking so that they can reach more
people countrywide without the cost of erecting brick and mortar outlets... | |
Near-field technology is the next major technological
development that will impact the lives of banking professionals.
This is poised to increase the volume of low-value contactless
transactions, by allowing suitably equipped mobile phones to be used as
payment devices or travel cards...
The trickle-down structure of technology rollout across
the world usually reads thus: something starts in Japan or Silicon Valley,
blows minds, and makes its way through tech evangelists to affluent
consumers...
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It seems that the entrance to financial nirvana is
guarded by a Hydra called Mobile. Like the Lernaen beast, its short simple
name belies its many heads. The obsession with mobile as a financial tool
has taken on proportions that even mythical creatures would be impressed
with. For myth is a large part of the story. Myth, misunderstand and magic...
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Top 10 African
Financial Service Technology Products in 2009: The task of
selecting top 10 technology driven products / services in financial
service industry in Africa in 2009 is not an enviable one. In spite of the
global financial recession, financial services industries in Africa have
turned out several technology-driven innovative products / services... |
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