The Bankwatch

Tracking the consumer evolution of financial services

Equity Bank’s Thin Sim technology represents a novel threat to most successful mobile app in Africa

This brings in a whole new level of mobile access. Its a bit hard to imagine First world regulators permitting this kind of dual access, but then again it has not been tested and certainly represents a new angle on the fastest growth technology area.

Equity Bank to take on M-Pesa with Thin SIM technology

Safaricom earlier this week lost a legal battle to block the roll-out of Equity Bank’s Thin Sim technology, when the Communications Authority of Kenya (CA) and Central Bank of Kenya (CBK) dismissed the telco’s objections to the technology. Safaricom had claimed that the dual SIM had the potential steal data from the main SIM and pass it on to third parties.

Written by Colin Henderson

October 7, 2014 at 22:50

Posted in Uncategorized

One Response

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  1. Is this the same bank as yours Equity

    Sent from my HTC

    The Scot Bicycle

    October 8, 2014 at 02:02

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