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  • Somalia mulling biometric ID programme

    Somalia mulling biometric ID programme


    2018-07-14 [ Industry News ]


    Somalian government officials met recently with officials from the World Bank, USAID, and other development partners to discuss the progress of the Somali National Identity Program.The program aims to provide a foundational identification system for delivery of services by the Somalian government, civil society, development partners, and the private sector based on biometrics, reports the Suna Times.Dr. Nur Dirie Hersi Fursade, Chief Strategists in the Office of the President of Somalia, said that his office plans to establish a new federal agency to manage the new identification system.He als......

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  • Greece’s Piraeus Bank Taps Antelop For Mobile Payments

    Greece’s Piraeus Bank Taps Antelop For Mobile Payments


    2018-07-12 [ Industry News ]


    While Greece these days has been kind of an ongoing disaster as far as most financial industries go, there’s still a decent mobile payments market here. Just ask Piraeus Bank, the largest card issuer in Greece, who turned to Antelop Solutions for its efforts in both digital payments and e-wallet capability, both parts of the mobile payments field.Piraeus turned to Antelop, reports note, for its multiple certifications and its work in the Payment Card Industry (PCI) Data Security Standard (DSS) compliance. PCI DSS is an excellent indicator, but actually only one of several, of a firm’s skill in......

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  • China Railway e-ticket business will carry out pilot operations

    China Railway e-ticket business will carry out pilot operations


    2018-07-11 [ Industry News ]


    The reporter learned from the China Railway Wuhan Bureau that as soon as the fourth quarter of this year, China Railway e-ticket business will carry out pilot operations. This means that in the future, the high-speed rail will finally have no ticket.The e-ticket is also called “paperless ticket”, which means that after the passengers order the ticket through the Internet, they do not need to go to the ticket office to take the paper ticket. Just use the valid ID card to go directly to the station to go to the station to get on the bus. "No ticket ride." Last week, at the China Railwa......

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  • MFS Africa, Africa's largest digital payment network operator, completed $4.5 million in Series B financing

    MFS Africa, Africa's largest digital payment network operator, completed $4.5 million in Series B financing


    2018-07-11 [ Industry News ]


    According to foreign media DealStreetAsia, China's venture capital firm Friends of the company recently led the African financial technology company MFS Africa up to $ 4.5 million in Series B financing.According to a statement released on Wednesday, as the largest digital payment network operator in Africa, MFS Africa became the first African financial technology company to obtain financing from Chinese venture capital firms after completing this round of financing.Goodwell Investments, an investment company based in Amsterdam, the Netherlands, and several angel investors have jointly inve......

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  • Mint Expands Payroll Card Footprint Into Africa

    Mint Expands Payroll Card Footprint Into Africa


    2018-07-09 [ Industry News ]


    Mint Gateway for Electronic Payment Services, a unit of The Mint Corp., is expanding payroll card operationsacross the African continent, a market that represents significant growth for the company. A recent press release said Mint has entered into an agreement to process Mastercard-branded payroll cards to disburse salaries to government employees. The three-year agreement will initially see 300,000 payroll cards issued.Mint already operates a similar payroll card program in the United Arab Emirates (UAE), the firm noted, adding that the deployment in Africa represent......

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