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Equity Bank unveils its MVNO strategy
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mlennyma
#221 Posted : Tuesday, August 26, 2014 8:52:43 AM
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Joined: 7/21/2010
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Location: nairobi
Equity should have rolled normal sims long ago as they battle with thin sims
"Don't let the fear of losing be greater than the excitement of winning."
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whiteowl
#222 Posted : Tuesday, August 26, 2014 11:38:33 AM
Rank: Veteran


Joined: 4/16/2014
Posts: 1,420
Location: Bohemian Grove
sparkly wrote:
[quote=young farmer]Equity allowed to roll out mobile banking venture

http://www.nation.co.ke/.../-/swvxtfz/-/index.html[/quote]

The title of the article has no relationship to the contents.

I read the article thrice but didn't see where the dispute has been resolved and Eqty allowed to go ahead.

idiotic journalism
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whiteowl
#223 Posted : Tuesday, August 26, 2014 11:42:10 AM
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Rankaz13 wrote:
uchumi wrote:
London-based GSMA, the global association of telecoms operators using the GSM technology, has written to the Kenyan authorities warning of the risks that use of the slim SIM cards pose to the integrity of the mobile telecommunications platforms.
The GSMA says the overlay SIM (which is embedded between a normal SIM card and the device) has the potential of harvesting and revealing sensitive data passing the system.
The technical opinion risks further delaying Equity’s use of the thin SIM to enter the lucrative mobile money market.


Sad Sad Second opinion? Anyone? Please?Pray

Looks like Vodafone are pulling some strings.
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DBLyon
#224 Posted : Tuesday, August 26, 2014 11:47:26 AM
Rank: Member


Joined: 5/28/2014
Posts: 149
Location: Nairobi
whiteowl wrote:
Rankaz13 wrote:
uchumi wrote:
London-based GSMA, the global association of telecoms operators using the GSM technology, has written to the Kenyan authorities warning of the risks that use of the slim SIM cards pose to the integrity of the mobile telecommunications platforms.
The GSMA says the overlay SIM (which is embedded between a normal SIM card and the device) has the potential of harvesting and revealing sensitive data passing the system.
The technical opinion risks further delaying Equity’s use of the thin SIM to enter the lucrative mobile money market.


Sad Sad Second opinion? Anyone? Please?Pray

Looks like Vodafone are pulling some strings.


And this conclusion is based on...?
When you live for others' opinions, you are dead.

- Carlos Slim Helu
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DtheK
#225 Posted : Tuesday, August 26, 2014 2:45:05 PM
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Joined: 2/15/2010
Posts: 132
Location: Kenya
Safaricom is a full member of GSMA gsma members The GSMA represents the interests of mobile operators worldwide.It's equivalent here would be Kenya Bankers Association.They are biased.
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murchr
#226 Posted : Tuesday, August 26, 2014 2:47:49 PM
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Joined: 2/26/2012
Posts: 15,980
Equity can go head and ignore the "talk" afterall its a make or break issue right? The results at this time are unknown but will be known later.
"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.
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VituVingiSana
#227 Posted : Tuesday, August 26, 2014 4:06:10 PM
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Joined: 1/3/2007
Posts: 18,107
Location: Nairobi
mlennyma wrote:
Equity should have rolled normal sims long ago as they battle with thin sims
Normal SIMs are available but for now a phased roll-out to test the system. You can request for one at your branch.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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VituVingiSana
#228 Posted : Tuesday, August 26, 2014 4:09:34 PM
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DtheK wrote:
Safaricom is a full member of GSMA gsma members The GSMA represents the interests of mobile operators worldwide.It's equivalent here would be Kenya Bankers Association.They are biased.

Safaricom sees Equity/Finserve as a threat and has pulled out all stops including using GSMA as well as cutting M-Pesa charges recently to counter Equity.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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innovator
#229 Posted : Tuesday, August 26, 2014 5:53:36 PM
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Location: nairobi
I do not think GSMA biased on this. Like any other technology the thin slim circuit can be used for the good or the bad, GSMA is just warning CA to take caution and may be involve an independent body.
Equity on the other had is arguing that it only intends to use the technology for the benefit of its customers.
Depending on CA interpretation i see equity carrying the day with some condition.
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mv_ufanisi
#230 Posted : Tuesday, August 26, 2014 6:51:57 PM
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Joined: 1/15/2010
Posts: 625
innovator wrote:
I do not think GSMA biased on this. Like any other technology the thin slim circuit can be used for the good or the bad, GSMA is just warning CA to take caution and may be involve an independent body.
Equity on the other had is arguing that it only intends to use the technology for the benefit of its customers.
Depending on CA interpretation i see equity carrying the day with some condition.


I sure hope that Equity gets the go ahead.
Kenya has always been an open market.
That's why CBK didn't try to shut down M-PESA or force it to work with banks unlike some other countries where M-PESA won't fly coz the banking cartels make sure it doesn't have a chance. As long as the thin SIM is not doing any harm, it should be set free to transform the lives of Kenyans.
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obiero
#231 Posted : Tuesday, August 26, 2014 7:11:18 PM
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Joined: 6/23/2009
Posts: 13,520
Location: nairobi
mv_ufanisi wrote:
innovator wrote:
I do not think GSMA biased on this. Like any other technology the thin slim circuit can be used for the good or the bad, GSMA is just warning CA to take caution and may be involve an independent body.
Equity on the other had is arguing that it only intends to use the technology for the benefit of its customers.
Depending on CA interpretation i see equity carrying the day with some condition.


I sure hope that Equity gets the go ahead.
Kenya has always been an open market.
That's why CBK didn't try to shut down M-PESA or force it to work with banks unlike some other countries where M-PESA won't fly coz the banking cartels make sure it doesn't have a chance. As long as the thin SIM is not doing any harm, it should be set free to transform the lives of Kenyans.

the british will always stay ahead. long live gsma long live voda

HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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jwatesh
#232 Posted : Tuesday, August 26, 2014 9:44:02 PM
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Joined: 8/19/2014
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Is there any insider in CAK who has some info on which side CAK is leaning on?
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obiero
#233 Posted : Wednesday, August 27, 2014 6:53:23 AM
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this may sound tribal but mudu wa nyumba will get the go ahead

HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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VituVingiSana
#234 Posted : Wednesday, August 27, 2014 8:23:23 AM
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Joined: 1/3/2007
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obiero wrote:
this may sound tribal but mudu wa nyumba will get the go ahead
Wewe, let Equity bring cheaper services to the people. We can't all fly Business Class like you on KQ.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Robinhood
#235 Posted : Wednesday, August 27, 2014 8:56:59 AM
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Joined: 12/11/2008
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VituVingiSana wrote:
obiero wrote:
this may sound tribal but mudu wa nyumba will get the go ahead
Wewe, let Equity bring cheaper services to the people. We can't all fly Business Class like you on KQ.


I actually hope hope Equity succeeds even if they use the mundu wa nyumba strategy. It will benefit all Kenyans
Great men are not always wise, neither do the aged understand judgement...
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patrazi
#236 Posted : Wednesday, August 27, 2014 10:20:17 AM
Rank: New-farer


Joined: 7/18/2012
Posts: 76
obiero wrote:
this may sound tribal but mudu wa nyumba will get the go ahead

You are not. The bank is foreign owned. This is from the last statistics I saw.
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kollabo
#237 Posted : Wednesday, August 27, 2014 10:22:05 AM
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Joined: 2/3/2012
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"People are open minded about new things as long as they are exactly as the old ones" - Charles Kettering
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whiteowl
#238 Posted : Wednesday, August 27, 2014 11:26:51 AM
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Joined: 4/16/2014
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Robinhood wrote:
VituVingiSana wrote:
obiero wrote:
this may sound tribal but mudu wa nyumba will get the go ahead
Wewe, let Equity bring cheaper services to the people. We can't all fly Business Class like you on KQ.


I actually hope hope Equity succeeds even if they use the mundu wa nyumba strategy. It will benefit all Kenyans

yeah,end users are the main beneficiaries here
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jwatesh
#239 Posted : Wednesday, August 27, 2014 1:13:59 PM
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Joined: 8/19/2014
Posts: 125
One thing that is soooo evident, Communication Authority is soooo against Safaricom. If they are forcing them to share their property with free loaders, they can definitely let Equity Bank roll out their overlay sim card
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XSK
#240 Posted : Wednesday, August 27, 2014 1:40:21 PM
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Joined: 12/8/2009
Posts: 975
Location: Nairobi
jwatesh wrote:
One thing that is soooo evident, Communication Authority is soooo against Safaricom. If they are forcing them to share their property with free loaders, they can definitely let Equity Bank roll out their overlay sim card


I hope they will get it. The MPESA charges suddenly become unbearable. Like many Kenyans I want a cheap mobile money transfer solution and Equity seems to be offering exactly that!!!
You will know that you have arrived when money and time are not mutually exclusive "events" in you life!
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