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Safaricom, Vodacom Plan $13 Million Purchase of M-Pesa Rights From…

Safaricom, Vodacom Plan $13 Million Purchase of M-Pesa Rights From…

“Kenya’s Safaricom will start a joint venture with Vodacom to acquire the intellectual property rights to the popular M-Pesa mobile financial services platform from Britain’s Vodafone, Safaricom’s CEO said on Thursday. The 12 million euro ($13.4 million) deal will let both purchasers make significant savings in royalties paid to Vodafone and expand the service to [...]

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Target Q1 Beats Street Amid Surging Digital Sales, Store Traffic Growth

Target Q1 Beats Street Amid Surging Digital Sales, Store Traffic Growth

“Comparable digital sales surged 42%, contributing 2.1 percentage points to comparable sales growth. Same-day fulfillment services (order pick up, drive up and Shipt) drove well over half of the company’s digital sales growth. During the quarter, Target completed 53 of the approximate 300 store remodels it is scheduled to complete this year. It also opened [...]

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Mastercard Expands Digital Identity Commitment with Samsung Electronics

Mastercard Expands Digital Identity Commitment with Samsung Electronics

“Ajay Bhalla, president of cyber & intelligence at Mastercard, said: “Our digital and physical lives are merging and we need a digital identity solution that reflects this reality. Without control over how their data is used, people rely on outdated systems that can compromise their security. Our collaboration with Samsung advances a digital identity solution [...]

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