Paynet Kenya utilizes unique ATM Monitoring Tool The Paynet ATM Network Management division has developed and customized a unique tool that provides real time, round-the-clock monitoring of the five ATM networks with over 160 ATMs under its administration. This monitoring tool is designed to inform authorized persons of network and end system problems, ensuring enhanced service delivery, ATM Uptime and more importantly immediate problem assessment and resolution. More
Diamond Trust Bank staff receive training on WagePoint
Paynet has embarked on a training programme for Diamond Trust Bank Relationship Managers to champion the WagePoint ATM service. This follows Paynet’s initiative to involve financial institutions who hold corporate accounts for organizations that can potentially benefit from the service. More
Paynet hosts I&M Bank to Open Day
I&M Bank was recently hosted by Paynet to an Open Day. The session was held to take the bank through the operations and capabilities of the Paynet Group, from outsourcing services, PesaPoint network and EFT deliverables. Focus was put into areas that may be of interest to the bank. More
African Banking Technology Conference highlights expansion potential
Over 180 bankers and technology experts participated in the African Banking Technology Conference in Nairobi over 5-8 February, which focussed on the effective use of technology to meet the growing demands of existing banking clients – and the untapped potential of the continent’s unbanked majority. Paynet’s Kenya WagePoint, an ATM based wage payment service, was commended for its innovativeness in providing banking services to the un-banked population. More
The conference will gather the continent’s banking fraternity to participate in high-level strategy and technology briefings on the deployment of computing and telecommunications to achieve efficiency, higher profitability and broader spread. More
Paynet sinks Sh 1.7 million into CRM
Paynet invested Shl.7 million in a new programme automates and centralizes its operations. The solution, known as Customer Relationship Management (CRM), is expected to cut costs by increasing efficiency while retaining and growing business by tracking clients. More
Paynet widens e-solutions
stable
Paynet, Kenya's pioneer e-finance outsourcing
company widens its e-solutions in the world
of finance with a cheque payments system. More
Paynet Plans New Banking
Service
Technology firm Paynet Kenya, is to begin work
on a new ATM service. PesaPoint, a third-party
independent ATM network, will be the largest
in the country, the company says.More
Diamond Trust
Bank & Paynet enter in ATM deal
Diamond Trust Bank Limited has signed a contract
that will lead to the outsourcing of their ATM
fleet management and switch operation with banking
technology services from Paynet Kenya. More
African Lakes sells
its subsidiary ATL
AFRICAN Lakes Corporation disposed of African
Lakes Technologies (ALT), its online financial
transactions operating in Zimbabwe and Kenya.
Officials of the corporation said the decision
to sell off the subsidiary was motivated by
the need to conserve capital, and was part of
its commitment to focus on the Internet as its
core business. More
Towards a
Paperless Payment system
At a time when the sluggish economy is spelling
doom for most local companies, managers are
being challenged to seek innovative ways to
cut operating costs and increase efficiency.
More
The African Banking
& Financial Technology Forum
Paynet sponsored the African Banking and Financial
Technology Forum whose key objective was to
provide a broader understanding of the most
successful strategies for banks seeking to take
advantage of the next phase of the e-business
revolution. More