Visa is working with local banks and fintech companies in Kenya to launch contactless payments. Customers will be able to transact without a physical wallet or a card. Customers can use the Thales-powered service by tapping their Near-field communication (NFC) enabled smartphones at any contactless payment terminal to make in-store purchases using their banking app.
Hospitality marketing vendor (and CDP) Cendyn has purchased WIHP, a specialist in “metasearch”, which is the hospitality industry term for connecting hotels with price comparison websites. We don’t see too many acquisitions by CDP vendors, but, then again, CDP is just one of many features offered by Cendyn.
South African personal finance companion FinMeUp is bridging the gap between financial education and executions through its community-based platform of almost 100,000 users. Founded in 2020, FinMeUp offers a comprehensive range of solutions including an education platform, financial advisory, investments, insurance, and credit solutions.
Continuing its early fall shopping spree, Salesforce has signed a definitive agreement to acquire data protection and management company Own (it is also acquiring voice agent vendor Tenyx). In addition to analytics capabilities Own will enhance Salesforce’s existing data security tools. It has been a Salesforce AppExchange partner for over 10 years.