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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DONNA GORDON BLANKINSHIP
The Bill & Melinda Gates Foundation, best known for its work combating malaria, AIDS and other diseases, this week announced an effort to bring banking, including savings accounts, to the poor.
It may be hard to understand how savings is even an issue for the people who live on less than $2 a day, [...]
South African start up MobiCash has gone live with its contactless mobile payments platform, which allows consumers to carry out secure cashless transactions via their mobile phones.
MobiCash’s technology partner is French company Tagattitude, which has developed a trademark authentication technology dubbed Near Sound Data Transfer (NSDT). The latter enables contactless mobile payments by transmitting an [...]
Zain Nigeria announced the appointment of Alain Sainte-Marie as the company’s new CEO, replacing Bayo Ligali who resigned to pursue other interests after a three-year stint as CEO of the mobile operator. Sainte-Marie will immediately assume leadership of Zain Nigeria. Prior to his appointment as CEO of Zain Nigeria, Sainte-Marie was the MD of Zain [...]
Mohit Agrawal
Mobile Money Transfer (MMT) is a peer to peer form of mobile payment mechanism which has the best prospects for success amongst other forms of mobile transactions. The GSM Association has picked up MMT as a project and is supporting its members in embracing MMT.
The money transfer has been in existence since the time [...]
Ghana News Agency
Amadeus Ghana and e-Tranzact Ghana Limited on Thursday launched a new online booking and payment for travellers and travel agents to make payments online, for travel reservations over a network.
The partnership which started on September 4, 2009 is meant to ease the booking process for both travel agents and travellers, allowing them to [...]
Available for Zain and Africell Mobile Phones; First Mobile Money Service in Sierra Leone
Splash Mobile Money Limited (“Splash”), a leading mobile payment system provider, and MoreMagic Solutions, a leading mobile transactions provider, announced today the availability of Sierra Leone’s first mobile money transfer system, enabled by MoreMagic Solutions industry-leading MWallet platform. Splash customers in Sierra [...]
Michael Malakata
For the first time, Southern Africa Development Community (SADC) mobile technology and banking industry leaders gathered this week to overcome security concerns about mobile phone transactions.
Governments and financial sector regulators in the SADC region are skeptical about mobile security and have in many cases refused to grant licenses for mobile transaction services.
But service providers [...]
Aqua Vitens Rand Limited (AVRL), in collaboration with eTransact, on Wednesday introduced the first ever mobile utility bill payment system in the country.
The system, developed by eTransact, an electronic transaction solutions company, would enable debit card and ATM card holders to pay water bills through selected banks using the credit on their mobile phones.
The selected [...]
News Agency of Nigeria
The Federal Government will compel GSM operators to embark on mandatory registration of SIM cards of mobile phone subscribers for security reasons, Vice President Goodluck Jonathan said on Monday.
Jonathan made the revelation when members of the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) visited him in Abuja.
Jonathan said [...]
Naa Norley
In curbing discrepancies in the mobilisation of the Accra Metropolitan Assembly’s (AMA) revenue generation, SW Global Limited is introducing e-payment cards to increase revenue by providing an automated system for managing revenue collections.
There have been instances were some staff of the Assembly have been arrested for duplicating or issuing fake receipts to business operators [...]
