Monthly Archives: January 2013
While electronic transactions are on the rise, many of us still regularly go to the ATM to withdraw cash for smaller transactions like buying airtime for your mobile phone. It’s a routine that many take for granted and that’s what fraudsters prey on.
A former banker was sentenced to six months in prison by a Federal High court presiding in Lokoja, Kogi State, over a N12.3 million ATM, fraud. Also in 2012, the Lagos State Police Command arrested a man for allegedly being in possession of 19 ATM cards. As of the time of his arrest, the suspect had withdrawn N652, 000 from unsuspecting people’s accounts.
Research In Motion has announced that its Secure Element Manager solution for NFC mobile payments has been approved by Visa. RIM’s SEM is the backend solution for carriers that can securely manage credentials on SIM cards installed in all types of NFC-capable mobile devices.
“The approval from Visa of RIM’s SEM solution is an important step in that it will enable carriers to support Visa issuing banks and financial institutions,” said Frank Maduri, Senior Director, NFC Services and TSM Product Management at RIM. “We now offer carriers a robust solution with around-the-clock global support that works on any NFC-capable device, and meets the stringent technology and usability guidelines for Visa.”
Leading social media platform in Nigeria Eskimi is actively partnering with the organizers of the Mobile Money Expo to promote mobile financial services to millions of young mobile subscribers in Nigeria. Eskimi will be inviting their members to test mobilemoney innovations at the mobilemoneyexpo that will hold at the Lagos orientals Hotel on 6-7th of February of 2013.
“Mobile money is an important market for us, sinnce Eskimi launched mobile money customer acquisition platform in 2012. The platform has all tools to promote, register customers to mobile money operators data bases. Media tools in Eskimi help educate, research the customer segments mobile money companies are looking at. We also designed special tools to increase usage, as this has been the main challenge of the industry”, Vytas Paukstys Eskimi CEO commented on the partnership.
Diamond Bank Plc in collaboration with the Enterprise Development Centre (EDC) of the Pan African University (PAU) has unveiled the five outstanding entrepreneurs of the ‘Building Entrepreneurs Today’ (BET) programme, series 2. Each of the entrepreneurs were presented with a grant of N3 million to boost and expand their businesses.
The outstanding entrepreneurs were revealed at a well attended dinner event at the prestigious Terra Culture in Lagos on Wednesday. Present at the event were senior officials of Diamond Bank, top management staff of PAU and all the 50 entrepreneurs who were trained by the EDC for six months among other dignitaries.
The Recording Academy has announced its official sponsors for this year’s 55th Annual GRAMMY Awards. Delta Air Lines, Dial Global Radio Network, Harman, Hilton Hotels & Resorts, Hitlab, Hyundai, MasterCard, PEOPLE, Pepsi, and Procter & Gamble are all supporters of this year’s GRAMMY Awards and GRAMMY Week events.
The show also will be supported on radio worldwide via Dial Global, and covered online at GRAMMY.com and CBS.com, and on YouTube. For GRAMMY coverage, updates and breaking news, please visit The Recording Academy’s social networks on Twitter and Facebook.