MTN, Visa launch mobile money offering

first_img25 November 2011 “Mobile technology has become the single most important driver of financial inclusion that is enabling financial institutions, mobile network operators and Visa to connect unbanked consumers to each other and the global economy.” “Reaching consumers who have previously lacked access to formal financial services with secure and reliable electronic payments is finally a reality,” Visa head of products Jim McCarthy said in a statement this week. Developing countries in Africa, Asia and Latin America are among the first target markets for the mobile-based prepaid product. SAinfo reporterWould you like to use this article in your publication or on your website? See: Using SAinfo material In the last ten years, 100-million people have been newly banked through mobile services that offer consumers basic financial services that are limited in geographic reach. Visa’s acquisition of Fundamo, a leading mobile money platform in developing countries, and its integration into Visa, has created a mobile payment platform that can connect existing mobile money services via the VisaNet global payment network. In markets with Visa acceptance locations, consumers may also have the option to receive a Visa prepaid companion card that can be used at ATMs and merchants where Visa is accepted. From international remittances to e-commerce transactions, Visa’s new product will offer consumers a new payment account that enhances the payment functionality of their existing mobile money service. Regardless of transaction size or where consumers make purchases, Visa and the account issuer will be able to authenticate the account holder at the point of transaction by requesting a PIN or password.center_img As part of the launch, the new product will initially be available to customers in Nigeria and Uganda. The product was developed by a South African company called Fundamo, which was acquired by Visa in June this year for $110-million. MTN chief commercial officer Christian de Faria said the launch of the new product represented a “crucial milestone” in the company’s effort to bring value-added services to its mobile phone users. As of the end of September, MTN had some 5.7-million registered mobile money customers in 12 countries. Pan-African mobile operator MTN has teamed up with financial services group Visa to offer its Mobile Money customers a prepaid account that can be accessed through mobile devices, giving consumers in developing countries a secure, reliable, globally interoperable electronic payment account. Connecting existing services “And as the appetite for mobile technology grows, MTN is excited to be at the forefront of providing millions of our customers with such important product innovations,” he said. The result is a product that allows financial service providers and mobile network operators to offer consumers a payment account that provides Visa’s high standards of security, reliability and global interoperability. Reliable electronic paymentslast_img read more

Govt calls for unity to move South Africa forward

first_imgThe government has thanked South Africans for making the country’s fifth democratic elections a success, and called for unity in moving the country forward.“The sight of millions of South Africans queuing to vote demonstrated a vibrant and maturing democracy,” acting Government Communication and Information System (GCIS) CEO Phumla Williams said on Sunday, a day after the African National Congress (ANC) was officially announced the winner of last Wednesday’s elections.“The elections have served to renew and strengthen our democracy,” Williams said in a statement. “We are pleased by the great turnout, in particular first-time voters. Statistics from the Independent Electoral Commission (IEC) show that more people than ever before have chosen to exercise their right to vote.”The strong turnout of young voters also boded well for the South African democracy, Williams added.“We are inspired by the overwhelming number of young people who came out to vote across the country. This is a clear indication that the future of South Africa is in good hands.”Williams applauded all the political parties for the spirit of national unity that prevailed during the elections, adding: “The future is now in our hands and we must all do our best to build a winning nation.“As we move forward, we need to inculcate the culture of activism and tolerance displayed during the election period into the daily life of our country.“The elections were hard fought and contested with remarkable political maturity and tolerance, and now that the divisive political battles have come to an end, government calls on all South Africans to unite behind a common goal of moving the country forward in line with the Vision 2030, as mapped out in the National Development Plan.”Source: SAnews.gov.zalast_img read more

Ohio Ag Weather and Forecast — October 26, 2017

first_imgShare Facebook Twitter Google + LinkedIn Pinterest Another chilly start, but we have sun on the way today! And, we should see winds start to shift around to the south tonight, allowing temps to moderate more as we finish the week.Sunshine will be here for tomorrow as well, and clouds wait to increase until late. Our next front is accelerating some, but we still look for our rain to be here through the day Saturday. Now, last weekend, the front we were expecting slowed, and we told you that was not a good thing for us. The opposite is true here. An accelerating front means that we have chances of seeing our rain totals diminish somewhat. We are dropping the top end of rain totals range so now we look for .1 -.6” over about 80% of the state.Dry behind the front for Sunday, Monday and Tuesday. We continue to look for a chance of frost Monday morning, but temps don’t look to be quite as impressive. Our feeling here is that clouds likely do not break up as much .Without the clearing, we likely are only going to be dropping into the 32-36 degree range in many places, meaning we are not categorizing it as a “hard” frost at this point. There can be pockets of colder air, but the clouds may hold just enough to keep us from truly bottoming out there. In fact, we think there will be decent clouds hanging around Monday and Tuesday as well.We keep a trough in the forecast for midweek next week. Moisture does not look to be as impressive on this most recent model run, but in this pattern, where we see a trough or front sweeping through every few days, and where the pattern looks most active over the Great Lakes, we find ourselves hesitant to talk the wave down at this point. So, we will keep scattered showers in for midweek with a potential for .05”-.6” to about 80% of the state. This should be a fairly fast moving little wave. And, the risk here is that it speeds up, and we actually see moisture trend more toward Tuesday afternoon. We are keeping our eyes on it.Dry for the balance of next week, but cool, and we have additional threats of frost. The next front moves into the region around the 4th with minor rain chances up to half an inch. A stronger front moves in for the extended period, right now looking at the 8th and 9th. The system could bring up to .75” to the state. No significant changes this morning. The most suspect part of the upcoming 10 day forecast is midweek next week…if there is a period ripe for changes…it will be there.last_img read more

Livestock legalities around the nation affecting producers

first_imgShare Facebook Twitter Google + LinkedIn Pinterest By Evin Bachelor, Law Fellow, Agricultural and Resource Law Program, Ohio State UniversityEvery year, we hear fascinating legal updates at the American Agricultural Law Association’s annual conference. Thanks to presentations by Todd Janzen and Brianna Schroeder of Janzen Ag Law in Indianapolis, we were inspired to learn a little more about trends in meat law. For readers with a livestock operation, these legal issues can present great challenges, and keeping up to date on legal trends helps farmers stay prepared. Veal, pork, and eggs: States battle each other on minimum confinement space regulationsCalifornia voters passed Proposition 12 in the November 2018 election, which will require producers to comply with minimum confinement space regulations in order to sell certain products in California. The Prevent Cruelty California Coalition placed the proposition on the ballot, expanding a previous regulation on in-state suppliers, but the new law would apply to any producer trying to sell veal, pork, or eggs in California. By 2020, veal calves must be housed with at least 43 square feet of usable floor space, breeding pigs must be housed with at least 24 square feet of usable floor space, and egg-laying hens must have at least 1 square foot of floor space. However, by 2022, egg-laying hens must be cage free. Proposition 12 strengthens requirements approved by California voters in 2008’s Proposition 2 by imposing the requirements on out-of-state producers who want to sell their products in California.In 2016, Massachusetts voters approved a ballot measure that would require eggs sold within the state to be cage free by 2022. Thirteen states, led by Indiana, have sued Massachusetts in the United States Supreme Court in an attempt to stop Massachusetts from enforcing the requirement. These states allege that the restriction is an attempt to regulate how farmers in other states operate, which violates the rights of other states to create their own regulations. This would be a constitutional question under what is known as the Dormant Commerce Clause, which prohibits states from unfairly regulating business activities that have impacts beyond a state’s border. Status updates on the lawsuit are available here.Trying a legislative solution to slow the trend of cage-free restrictions, Iowa passed a law earlier this year that requires grocers that sell cage-free eggs to also sell conventional eggs if they want to receive benefits from the USDA WIC program. Supporters of the law argued that cage-free eggs are often more expensive and excluded from the WIC program. They argue that as a result, when grocers make commitments to sell only cage-free eggs, they make it more difficult for low-income families to purchase eggs. Non-meat proteins continue to target beefThe “Impossible Burger” wants to convince consumers that a non-meat burger patty that tastes just like meat is just around the corner. Veggie burgers are not new to the grocery store shelves, but recent innovations that have allowed non-meat proteins to improve in taste and texture have raised concerns among meat producers that these products are becoming a serious threat. Given that many of these innovations have taken aim at the burger market, beef producers in particular have felt a target on their backs. As we reported in a previous edition of The Harvest, Missouri became the first state this year to regulate labeling of non-animal products as being derived from an animal, and the National Cattlemen’s Beef Association has petitioned the USDA to consider regulating labels involving animal terms like “meat.” Other speakers at the AALA conference indicated that the USDA is currently debating how to regulate labels, but has yet to develop a comprehensive rule package. Dairy contracts: always know what you are signingThe market has been very tough for dairy producers. Having a long term supply contract in place is certainly preferable to no contract, but depending upon the terms of the contract, unfortunate surprises may be in store.Purchasers often write the contracts, and include terms that favor them. For example, many contracts contain termination provisions that allow either party to end the agreement for essentially any reason with prior notice, often 30 days. When producers invest in their operations under the expectation that the contract will stand throughout the term specified, these termination provisions can result in devastating surprises. As another example, many contracts contain confidentiality agreements that make it difficult for a producer to determine whether the deal they are offered is great, average, or actually bad. Equally concerning for producers are provisions that shift liability for problems with the milk to the producer, and away from the purchaser who sells the milk on the market. With modern technology, tracking where milk originated makes this possible. Courts are likely to enforce these agreements because the law of contracts favors enforcement of private agreements.Given the current market, many dairy producers felt that they are not in a position to negotiate better terms, for fear that another dairy close by will accept the terms as-is. This position is made worse by the inability of producers to talk about their contracts with one another because of confidentiality provisions.What a producer can do is to read the contract carefully and make sure that he or she understands the terms of the contract. It may be wise to speak with an attorney to verify that the producer’s understanding of the contract matches how the contract is likely to be read by a court.Even writes for the Ohio Agricultural Law Blog.last_img read more

Show Us Your Best Unlaunched iPhone Apps [Contest]

first_imgRole of Mobile App Analytics In-App Engagement IPhone app sharing service AppsFire (our review) has announced a contest to highlight the best still-unlaunched iPhone apps under development and ReadWriteWeb will be part of the judging. Called the App Star Awards, the contest will evaluate 30-second videos about apps under development.The iPhone app environment is absurdly overcrowded and hard to navigate – AppsFire is one of my favorite solutions to that problem. The service lets you email links to apps you want to share on your phone. It’s simple but so useful! A contest to start the hype for apps before they get buried in the app store is smart. Below are my favorite iPhone apps right now, shared in an AppsFire widget. I hope this contest will expose me to all kinds of new apps that will eventually land on this list as well. We’ll get to learn about great apps and the app makers will get a small amount of cash and a large amount of publicity. You can register to participate at the page for the AppStar Contest. The Rise and Rise of Mobile Payment Technology Tags:#mobile#web marshall kirkpatrickcenter_img What it Takes to Build a Highly Secure FinTech … Why IoT Apps are Eating Device Interfaces Related Posts last_img read more

Vawdon Cup – Round 1 Wrap

first_img2007 Vawdon Cup winners, the Canterbury Bulldogs, claimed the scalp of Penrith in the opening round of the Men’s Premier League with a 8 – 6 victory. Easts put eleven past Manly with Matt Garthon being the recipient on four occasions. Touchdowns to Jamie Stowe and Dean Wilbow was not enough for Parramatta with the Sharkies winning by one. Dylan Hennessey got off to a stellar start to the season with a hat-trick enabling his Hornsby Lions to half the points on offer against Wests.In the Women’s Premier League, Wests got their campaign off to a winning start over Wollongong. Manly got up by one over Cronulla while Easts defeated the 2007 State Cup Champs, Canterbury, 3 – 1. Wests had a win over Penrith in the newly created Mixed Premier League division. Menai and Parramatta could not be separated with a 8 touchdowns apiece. The Coasties threw the gauntlet down to the rest of the competition with a 10 – 1 victory over the Easts Roosters. The Berryman boys proved valuable additions to the Dolphins line-up with three touchdowns between them.Men’s Premier League ResultsCronulla Sharks – 3 (Mitchell Brown 2, Rhys Bevan) defeated Parramatta Eels – 2 (Jamie Stowe, Dean Wilbow)Wests Magpies – 6 (Robert Nakhla 2, Edwin Farrah, Michael Moussa, Cameron Nicholls, Adrian Tan) drew with Hornsby Lions – 6 (Dylan Hennessey 3, Michael Abood, Heath Cooper, Jonathan Palau)Easts Roosters – 11 (Matt Garthon 4, Michael Stone 3, Christian Frost, Jonathan Rooke, Hayden Ruawai, Elijah Van Der Kwast) defeated Manly Sea Eagles – 5 (Jono Bailey, Joe Biskup, Sion Cousins, Mark Leonard, Andrew Windsor)Canterbury Bulldogs – 8 (Joel Willoughby 3, Matt Prowse 2, Stuart Brierty, Mark Heiss, Stephen Roberts) defeated Penrith Panthers – 6 (Dean McKechine 2, Nathan Byrnes, Grant Harris, Shane Lee, Ben Moylan)Women’s Premier League ResultsWests Magpies – 7 (Bonjani Mali 2, Nicky Albery, Amanda Dodson, Stacey Lapham, Tara Mohi, Tini Mohi) defeated Wollongong Devils – 3 (Kylie Evans, Stephanie Jackson, Cara Zaremski)Manly Sea Eagles – 3 (Te Aroha Paki, Rebecca Laing, Phillipa Robinson) defeated Cronulla Sharks – 2 (Brandi Elliot, Justine Johnston)Easts Roosters – 3 (Alison Bradley, Peta O’Connor, Maribel Ziade) defeated Canterbury Bulldogs – 1 (Jennifer Winchester)Mixed Premier League ResultsParramatta Eels – 8 (Ricky Hetherington, Mark Kovacic, Liam Simbolon, 5 scoreres not listed) drew with Menai Bulls – 8 (Matthew Fairbirne, Mark Lancaster, Michelle Lane, Christopher Suter. 4 scoreres not listed)Wests Magpies – 8 (Teava Terangi 3, Kate Hilyard, 4 scorers not listed) defeated Penrith Panthers – 3 (Rebecca Jones, Kyle Joyce, 1 scorer not listed)Central Coast Dolphins – 10 (Peter Sanders 4, Putatau Berryman 2, Nash Beeby, Harry Berryman, Kimberly Irwin, Kate Podryhula) defeated Easts Roosters – 1 (Mika Tagelagi)The remaining divisions (Men’s Division 1, Women’s Division 1, Mixed Division 1, Men’s Division 2, Women’s Division 2, Men’s Senior, and Men’s Masters) commence this Friday, 18 July 2008.For more details, visit the NSWTA Vawdon Cup website – http://www.sportingpulse.com/assoc_page.cgi?c=1-714-0-45019-0last_img read more

9 days ago​Gilmour reveals Lampard advice before Chelsea debut

first_imgAbout the authorAnsser SadiqShare the loveHave your say ​Gilmour reveals Lampard advice before Chelsea debutby Ansser Sadiq9 days agoSend to a friendShare the loveBilly Gilmour has spoken about the advice that he received from Frank Lampard before making his Chelsea debut.The 18-year-old got his chance to shine with the senior side against Sheffield United in August. He came off the bench in the 2-2 draw.Gilmour has now revealed the words he exchanged with boss Lampard before the match.”The night before, the gaffer kept asking if my family were coming down and saying make sure they come,” the Scotland U21 international told reporters.”We were 2-0 up and I’m thinking ‘this could be good’, but it was 2-1 when I came on. “That shows you how much trust he has in the younger players to put you on in such a tight game.”It finished 2-2, which wasn’t the result I hoped for, but it made my dream come true of playing in the Premier League.” last_img read more

National Security Council Signs Off On Social Intervention Operational Framework

first_img He pointed out that unattached young persons of the inner-city communities such as Mount Salem are the main targets of the social intervention aspect of ZOSO. Story Highlights Speaking  at the Rotary Club of Kingston’s luncheon on  September 28 at The Jamaica Pegasus hotel in New Kingston, Mr. Sweeney said with the sign-off, the social-intervention programme “will begin to roll out effectively now”. “We have to engage the youth and ensure that they are moving in the right direction,” Mr. Sweeney emphasised. Deputy Chairman, Social Intervention Committee, Zones of Special Operations (ZOSO), Omar Sweeney, has announced that the operational framework for the social intervention aspect of the Government’s new anti-crime initiative has been signed off with the National Security Council.Speaking  at the Rotary Club of Kingston’s luncheon on  September 28 at The Jamaica Pegasus hotel in New Kingston, Mr. Sweeney said with the sign-off, the social-intervention programme “will begin to roll out effectively now”.“So, the first will begin in Montego Bay tomorrow (September 30). There will be more items in the media and more information that is coming out around these activities,” the Deputy Chairman said.In an interview with JIS News following his presentation regarding the social intervention aspect of ZOSO in Mount Salem, St. James, Mr. Sweeney pointed out that most of the [social intervention] initiatives now are around civil registration, including the delivery of birth certificates, tax registration numbers and other forms of identification as well as some public health services.“We are now moving to start looking at clean-up activities in the community in a coordinated way. That is solid waste removal, bushing, clearing of some areas, street lighting for public safety, [and] the development of youth corps,” Mr. Sweeney said.He pointed out that unattached young persons of the inner-city communities such as Mount Salem are the main targets of the social intervention aspect of ZOSO.“The Social Intervention Committee is formed as a critical tool to seek the peace of the communities that we deem as Zones of Special Operations. It’s a coordinated government response to some of the issues in these communities, or what we need to attack. What is true is that much of the violence produced in these communities is done by unattached youth,” Mr. Sweeney said.“If they are not attached to formal things or good things, you find that they will get attached to illegal activities, so the social-intervention strategy will have a strong focus on youth,” he noted.Mr. Sweeney called on members of the Rotary Club to assist with the social-intervention aspect of ZOSO.“Service clubs can provide an impact. Service clubs like Rotary possess tremendous professional skills, and the transfer of that knowledge will go a far way in what we would say is no cost. It costs nothing to transfer knowledge,” he said.“We have to engage the youth and ensure that they are moving in the right direction,” Mr. Sweeney emphasised.last_img read more

Man running from Alaska to Florida passing through Fort St John this

first_imgFORT ST. JOHN, B.C. – Run Pete Run! A man who has made it his goal to run from Alaska to Florida will be making his way through the Energetic City this Saturday.American born Peter Kostelnick is in the 30th day of his historically long journey. The man is running 65-110 kilometres per day and hopes to reach Key West, Florida by early November.Kostelnick, who was in Pink Mountain this morning, will be one of the first ever to run the entirety of the Alaska Highway. Two years ago Kostelnick broke the world record for running across America in just 42 days, six hours and 30 minutes, beating the previous record by four whole days. He has also won the Badwater 135 twice, a race regarded as the “toughest footrace on the planet.” Kostelnick’s current run is completely self-supported which means he is pushing a stroller with his gear and food. He also enjoys company so residents are encouraged to join his run as he passes through Fort St. John.Residents can track Kostelnick’s location via his Strava on petesfeetaa.com. Anyone interested in learning more on his journey can click here.last_img read more

Huskies Fill The Bus Food Drive huge success

first_imgFORT ST. JOHN, B.C. – The 21st Annual Huskies Fill The Bus Food Drive was a huge success on Sunday as volunteers collected food items for the Salvation Army.Members of the Fort St. John Huskies, along with other volunteers, went around town collecting non-perishable food items for the Food Bank. Once the items were collected, they were brought back to the North Peace Arena to be sorted and packed into boxes.After being packed, the boxes were loaded into the Huskies coach bus and delivered to the Salvation Army. Packed boxes as they awaited to be loaded onto the bus. Photo by Scott BrooksCampaign Organizer, Allen Karasiuk, says the Food Drive was a big success.“The Food Drive was very successful this year as we did significantly better this year than last. As usual, the community was extremely generous in their donations to the Salvation Army Food Bank. In particular, ConocoPhillips was a lead corporate sponsor with a $1500 donation and the Burgher family (Paul, Mollie and Teri) donated approximately two pickup truckloads of food. The kids at Alwin Holland Elementary School also collected a significant amount of food.”Karasiuk also says they had approximately 60 volunteers to help out with the campaign.Cameron Eggie, Executive Director for the Fort St. John Salvation Army says the timing for Food Drive is perfect as they prepare for food hampers.“It’s really going to have an impact on our community over the Christmas season. We already have 140 people registered for food hampers in the community that we will be giving out in mid-December. So, the timing of this Food Drive is perfect because it comes right into when we have to prepare these food hampers.”last_img read more