Last Updated: Tuesday 27  July 2010
 
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Cairo, Egypt: Actis, an emerging markets private equity firm, is banking on Africa’s transition from a cash-based society to one led by electronic payments with the management buy-out of Mediterranean Smart Cards Company...


 


 

 

 

Johannesburg, South Africa: Advent Software,, a leading provider of software and services for the global investment management industry, has announced that  FirstRand Group has selected Advent Portfolio Exchange(R) (APX)...

Johannesburg, South Africa: Net 1 UEPS Technologies Inc. has announced that its wholly-owned subsidiary, Net1 Universal Electronic Technological Solutions (Pty) Ltd ("NUETS"), has received an order for a further 1.2 million Universal Electronic Payment System ("UEPS")-enabled smart cards...

Lagos, Nigeria: The management of Chams Nigeria Plc has appointed Mr. Gavin Young as the  new General Manager of its subsidiary, ChamsSwitch. Young succeeds Mr. Francis Ebuehi, the  pioneered General Manager of the company who quit recently to pursue other interests...

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Twelve years ago the retail banking industry thought the end of 'bricks-and- ortar 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...

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...

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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