Mobile Money is Pan Africa for us at UBA Group – Interview with Arinaitwe,UBA Uganda
Joseph Arinaitwe
Head eBanking
UBA Bank – Uganda
How do You describe Mobile Money in Uganda and the uptake?
In Uganda Mobile is about one half years old with MTN leading the pack followed by Zain (ZAP ,this has since been acquired Bharti Airtel) and M-sente (Uganda Telecom).We are expecting Warid Telecom to shake up the Mobile Money market [...]
Visa has invested £6.6 million in British m-banking provider Monitise
Visa Inc. has announced its intention to invest £6.6 million in London-based mobile banking and payments service provider Monitise plc to increase its stake to 14.4%. Earlier the company has announced that the existing agreement with Monitise was prolonged to 2015.
Last June Visa invested $13 million in the company by signing a 5-year strategic [...]
We Could Adopt Use of M-Pesa, Says U.S.
The US will leverage her technology by importing innovations from Africa as part of the Obama Administration’s bid to strengthen relations with the continent.
Citing the M-Pesa evolution, US Under Secretary of State for Public Diplomacy and Public Affairs Judith McHale said her country’s economy could benefit by importing the revolutionary mobile money transfer system from [...]
Mobile Banking Sees Success in Senegal
Nidhi Subbaraman
Thanks to a mobile banking system launched last month in Senegal, people with no previous access to bank accounts were able to watch the World Cup via satellite services that they paid for electronically with a few taps on a mobile phone. The service is a clear sign that mobile banking is taking off [...]
Will mobile banking change the banking landscape in SA?
Simon Russell
www.bizcommunity.com
Twelve years ago the retail banking industry thought the end of ‘bricks-and-mortar banking’ era was close, with the introduction of mainstream internet banking. However, this did not materialise as banks in their quest to differentiate, realised the value of the branch in the selling process and its necessity for customer acquisition and authentication.
The internet [...]
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Faulu Kenya has entered into a partnership with PesaPoint that will see its customers access cash through the firm’s ATM network.
The strategic partnership aims to widen Faulu Kenya’s reach in its drive to expand a customer base among millions of unbanked Kenyans.
PesaPoint will provide access to its 113 ATMs which are available in 46 towns [...]
Safaricom’s M-PESA and PostPay customers do not have to register their lines afresh during the SIM card registration exercise currently ongoing in the country.
However, the company says the customers should verify their details as recorded by the firm.
The SIM card registration exercise was launched on Monday, June 21 by the market regulator Communications Commission of [...]
MTN on Thursday launched its Mobile Money Train in Bolgatanga with a call on the public especially businesses, to take advantage of the money transfer system to expand their businesses. Mrs. Lucy Awuni, Upper East Deputy Regional Minister, who launched the facility, noted that it would not only quicken the tempo of business transactions, but [...]
FrontlineSMS:Credit, the future of mobile microfinance, is proud to announce the addition of Menekse Gencer, a leading expert in the field of mobile payments, to its esteemed advisory board.
Menekse Gencer, the high tech mobile and financial services luminary, is the founder of mPay Connect, a
consulting service benefiting financial institutions, mobile network operators and third party [...]
FrontlineSMS:Credit, the future of mobile microfinance, is proud to announce the arrival of Jan Chipchase, the widely renowned expert on human centered design, to its advisory board powerhouse.
Chipchase cemented his reputation as the authority on applying human centered insights to product development through his role as chief usability researcher at Nokia. Through his work for [...]
Roamware’s innovative mobile financial solution enables ATM withdrawals without a physical cash card
Roamware, a global leader in mobile roaming solutions and financial services, announces the global availability of Cardless ATM. The service enables bank customers to withdraw cash from an ATM without the use of a cash card. Cardless ATM can be used in case [...]
The National Bank of Abu Dhabi (NBAD), the Number One Bank in the UAE, has joined hands with MoneyGram International (NYSE: MGI), a leading global money transfer company, to become the first MENA bank to allow mobile phone international remittances to more than 200,000 locations across 190 countries & territories around the globe.
The agreement between [...]
Joseph Ziem
Management of Mobile Telecommunications Network (MTN-Ghana) has launched the MTN Mobile Money service in Tamale, the Northern Regional capital, aimed at making money transfers and business transactions between people less difficult and efficient.
The MTN Mobile Money platform provides any mobile phone user with the convenient option of opening and operating an electronic [...]
As part of efforts to bridge the gap between the banked and the unbanked population of Nigeria, eTranzact in conjunction with International Finance Corporation (IFC), a member of the World Bank Group, have embarked on a pilot project for the rural areas in Nigeria called Rural Telephony Project (RTP) MobileMoney.
RTP MobileMoney powered by eTransact is [...]
mobiFEST 2010 – Reaching the M-Generation.
University of Lagos
Multi Purpose Hall A,B and C
AND
Afe Babalola Conference Center.
August 17th and 18th
Nigeria’s first and largest mobile application event will be in Lagos less than seven weeks and a key focus for this inaugural event is not surprisingly – Mobile applications in a leading market in Africa where mobile [...]
