Press Release

Equity Bank and VFX Financial PLC launches Equity Direct Mon

MARCH 312014 PRESS RELEASE Equity Bank customers can now receive money from the UK instantly and cheaply Equity Bank Group in Kenya and VFX Financial PLC in the UK have partnered to launch Equity Direct a realtime cross border multicurrency money transfer service from the UK to Kenya The service will enable individuals and corporates in the UK to send money to any account at Equity Bank in the region The service can be conveniently accessed online through a secure portalwwwequitydirectcoke The platform offers very competitive foreign exchange rates with a very affordable cost of money transfer Senders from the UK will enjoy the choice of...[...read more]

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Mobile payments driving global m-commerce adoption

JAN 232014 MEFs 13country Mobile Money Insight Report reveals global consumer trends and behaviours in mpayments and mbanking Africa continues to dominate mobile banking uptake with an average of 82 per cent of consumers engaged in this activity globally its 66 per cent 15 per cent of mobile media users used mobile payments to pay for goods in 2013 Mobile money users are 26 per cent more likely to buy via mobile than average Network speed is important two thirds of 4G customers have made an mpayment MEF theglobalcommunity for mobile content and commerce today released the first report in its Global Consumer Insights Series on...[...read more]

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Omanye Money Launches First International Mobile to Mobile M

13 January 2014 PRESS RELEASE OmanyeMoneytoday announced the commencement of its international mobile remittance services to Airtel Money wallets in Ghana In another first Omanye Money customers can now transfer funds directly from their mobile phones to Airtel Money wallets in Ghana Transfers are instant secure and can be conveniently effected bysmsand Interactive Voice Response IVR from customers mobile phones wherever they are 247 Online and agent transfer services are also available Cash out options include cardless card withdrawals at Fidelity Bank ATMs in Ghana Airtel Moneysubscribers who receive Omanye Money Transfer transa...[...read more]

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Quash launches Mobile Money in Cote d Ivoire

JAN 032014 PR Qash Services a nonbank nonGSM operator announced today the launch of its mobile phonebased financial services in Cote dIvoire under the name Qash Mobile Banking Qash Services is one of four independent companies with a mobile money agreement from the Central Bank of the West Africa Monetary Union BCEAO According to Francis Zago CEO of Qash Services the introduction of our account services will make financial inclusion a reality for thousands of unbanked rural communities throughout Cote dIvoire This is an important step for Cote dIvoire a country where very high potentials for mobile financial services 80 of unbanked ...[...read more]

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Emerging middle class drives African online shopping

DEC 182013 PRESS RELEASE Secondary market research publisher yStatscom has released findings in its Africa B2C ECommerce Report 2013 indicating that the growing Internet penetration the spread of mobile technology and improvement of payment and delivery infrastructure are factors that can boost ECommerce on the continent yStatscom CEO Ycel Yelken states ECommerce has a high potential in Africa as the growing middle class seeks more convenient shopping and better price quality driving local and international Internet merchants to operate in the region Several strong local players have already emerged such as South Africas online fas...[...read more]

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Ingenico and Tagattitude partner in Mobile Money to boost fi

Sept 112013 Press Release Ingenico leading worldwide provider of payment solutions announces strategic partnership with Tagattitude leading mobile money software vendor to deliver mobile money solutions in Africa This partnership is designed to address the specific mobile money demands of the continent with the objective to establish secured electronic transaction infrastructure which will drive financial inclusion in Africa Tagattitudes mobile money platform TagPay supports a full range of financial services such as account management money transfer retail transactions airtime payroll services ecommerce bill payments gi...[...read more]

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HumanIPO partners MobileMoneyAfrica for 4th MobileMoneyExpo

Sept 062013 HumanIPO has partnered MobileMoneyAfrica the leading media portal formobilefinancial services for theAfrican continentasleadmedia partner for the 4thAnnual MobileMoneyExpo taking place at the Lagos Orientals Hotel Nigeria in February 2014 The event will be focusing on financial inclusion for the unbanked The 4th MobileMoneyExpo will deliver two full days of cutting edge content from dynamic presentations and engaging discussions designed to address developments challenges opportunities and success stories within the financial inclusion ecosystem around Africa in 2013 The industry recognition award event the Kalaha...[...read more]

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Mahindra Comviva’s mobiquity® mPayments Declared Best Mobile

August 192013 Honored in the 6th edition of World Finance Technology Awards 2013 MahindraComviva the global leader in providing mobile financial and VAS solutions today announced itsmobiquitymobile financial services platform has been awarded the best Mobile Banking Technology award by World Finance Technology Awards 2013 declaredrecently inLondon MahindraComvivawas recognized for its work in delivering relevant technology solutions for accelerating financial services growth in Asia and Africa Established in 2007 The World Finance awards recognizes the evolving trends across the financial world and identifies industry leaders indiv...[...read more]

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