Visa

Fundamo co-founder and CEO Hannes van Rensburg is set to head up the Sub-Saharan division of Visa -- the world’s largest debit and credit card network.The South African-based mobile money platform has been a part of Visa since mid-2011 when it was bought out for US$110-million.Elizabeth Buse, Group ...

It’s pretty much accepted wisdom that Africa has been at the forefront of mobile payment tech for a while now. But how many of you knew that the first mobile financial service in an emerging market went live 10 years ago in Africa?Celpay, which is powered by South African-based ...

It’s not often that a geek rises to the top of a multi-billion dollar company. These are spots frequently filled by accountants or lawyers. But times are changing. In a technology-driven world, the geeks are rising to the top.We know Microsoft was run by a geek (possibly the geekiest CEO ...

The Wikileaks’ vs credit card giants Visa and Mastercard legal spat continues unabated...Following the whistleblowing site's ultimatum to sue, and the credit card giants’ apparent decision to reinstate donations, all within a week, Visa has announced that the lifting of the ban was not meant to be.According to AFP, Visa ...

Mere days after issuing an ultimatum to Visa and Mastercard to lift their seven-month ban on donating to Wikileaks, the whistle-blowing website has claimed victory.Datacell, the whistle-blower’s data hosting service provider in a statement announced that, "…we have observed that an alternative payment processor that we have contracted with, ...

Fed up with being unable to receive funds via Visa and Mastercard, on Monday Wikileaks issued an ultimatum. According to the self described, "not-for-profit media organisation," should the two financial giants not lift their ban on donations to Wikileaks, they will be laying a complaint with The European Commission.The ...

Visa, the world's largest credit and debit card network, has snapped up South African mobile financial services company Fundamo for $110-million in cash.The Cape Town-based Fundamo is a privately-held company which has more than 50 active mobile financial services deployments across 40 countries, including 27 countries in Africa, Asia and ...

Plans to introduce advertising to Skype in an effort to boost revenue ahead of going public is on the way. This according to the hugely popular free internet communications service on Monday.Skype, which bypasses the standard telephone network by channeling voice, video and text conversations over the Web, said the ...