Friday, June 18, 2021

Orange partners with Equity Bank in Kenya

Orange's mobile payment service, Orange Money, was launched in Kenya in partnership with the Equity Bank Group. This is the first step in a partnership that aims to offer inclusive, customer-focused financial services in...

Rwanda: Central Bank to watch Mobile Money closely

The National Bank of Rwanda (NBR) will regulate the new mobile money transfer system that will soon be introduced by MTN Rwanda, the central bank Governor said. Fran

MoneyGram and CashEdge form strategic alliance

MoneyGram and CashEdge say that they plan to integrate their respective money transfer and payment services platforms so that "recipients of Popmoney (MPW 133, 141, 148) payments would be able to direct receipt of...

Somali Islamists ban mobile money

A Somali Islamist group has told telcos in the country to stop offering mobile money transfer services, branding the practice "unIslamic". The al Shabaab group, which is linked to al-Qaeda and controls large swathes of...

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Payment industry history with first AES DUKPT key management implementation

Verifone says it has implemented AES DUKPT with its end-to-end encryption solution, VeriShield Total Protect, its Engage family of payment devices, and Carbon 8 & 10. Co-designed by Verifone, AES DUKPT...
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