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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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FEATURES, PEOPLE AND BRANDS
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...
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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...
.
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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