Is it Consumer Safety or Competition between Safaricom & Equity?
So I have been watching and reading the debate on thin-sim and the drama got me thinking about something.. Almost every Kenyan bank today is running a USSD mobile banking service. When you dial that number (eg *111#) ..and you enter your PIN to transact... your PIN is transported between your phone and your bank in an open text (clear text aka no encryption) that can be read easily. I am sure both Safaricom and Equity know this for a fact. With this understanding, is the thin-sim card discussion really about the security for consumer or is it market-share politics? Can the two companies not find a secure work around if it really is about security? Imagine if CCK / Central Bank had refused MPESA citing consumer security because they could tell of the many mpesa fraudsters reported daily. Further, can CCK not "order" safaricom to open their sim card (subject to commercial terms) for more SimToolkit applications in which case Equity Mobile Money services would sit right next to MPESA menu on that same sim card (and perhaps there would have been no need for a new MVNO - ok so am being too ambitious!). Isn't the big deal Equity's desire to enter the Mobile Money market and for those following closely, you know the difference between "M-Shwari" and the now almost dead "M-Kesho" What are your thoughts? -- * ------------------------------ * This e-mail and any attachments may contain information that is confidential, legally privileged and protected by law and is intended for the sole use of the named recipient(s). Any unauthorized review, use, or disclosure or distribution is prohibited. Any liability (in negligence or otherwise) arising from any third party acting, or refraining from acting on any information contained in this email is hereby excluded. If you are not the intended recipient, please delete the contents and notify the sender immediately; do not disclose the contents to any other person, use it for any purpose or store or copy the information in any medium. Whilst our e-mails are checked for viruses, we cannot guarantee that this message or any attachment is virus free, does not contain malicious code or is incompatible with your electronic system and the Company does not accept liability in respect of viruses, malicious code or any related problems that you might experience. For further information about us, please contact us at the address indicated below. Bernsoft Interactive Limited - P O Box 15177-00100 Nairobi - Tel: +254 722 929192 Email: admin@bernsoft.com Web: www.bernsoft.com
CAK is supposed to be the independent expert that grants licences. What is this 'independent panel of experts' that is 'to be appointed by the house committee' about? From a consumer rights perspective I would rather use Equity than Safcom because lets face it, Safcom is a bank which enjoys non-licence status. I would ask Equity to go to court and demand on behalf of mobile users that the same scrutiny that is being accorded to them be applied to the current mobile money transfer providers. All banks should also go to court and demand that Safcom acquire a banking lincence. There is a case for it. On the issue at hand, Equity doesn't even need mobile money transfer licensing. Its already a bank and I am sure it can use its already existing licence to pursue its ends. Why does Equity need thin simcards anyway? I tend to think there was a bit of in-the-box thinking here. My two cents. But I am all for clash of the titans. Cecilia Nyawira, Advocate. On Thursday, September 25, 2014 2:58 PM, Bernard Kioko via kictanet <kictanet@lists.kictanet.or.ke> wrote: So I have been watching and reading the debate on thin-sim and the drama got me thinking about something…. Almost every Kenyan bank today is running a USSD mobile banking service. When you dial that number (eg *111#) ….and you enter your PIN to transact….. your PIN is transported between your phone and your bank in an open text (clear text aka no encryption) that can be read easily. I am sure both Safaricom and Equity know this for a fact. With this understanding, is the thin-sim card discussion really about the security for consumer or is it market-share politics? Can the two companies not find a secure work around if it really is about security? Imagine if CCK / Central Bank had refused MPESA citing consumer security because they could tell of the many mpesa fraudsters reported daily. Further, can CCK not “order” safaricom to open their sim card (subject to commercial terms) for more SimToolkit applications in which case Equity Mobile Money services would sit right next to MPESA menu on that same sim card (and perhaps there would have been no need for a new MVNO – ok so am being too ambitious!). Isn’t the big deal Equity’s desire to enter the Mobile Money market and for those following closely, you know the difference between “M-Shwari” and the now almost dead “M-Kesho” What are your thoughts? ________________________________ This e-mail and any attachments may contain information that is confidential, legally privileged and protected by law and is intended for the sole use of the named recipient(s). Any unauthorized review, use, or disclosure or distribution is prohibited. Any liability (in negligence or otherwise) arising from any third party acting, or refraining from acting on any information contained in this email is hereby excluded. If you are not the intended recipient, please delete the contents and notify the sender immediately; do not disclose the contents to any other person, use it for any purpose or store or copy the information in any medium. Whilst our e-mails are checked for viruses, we cannot guarantee that this message or any attachment is virus free, does not contain malicious code or is incompatible with your electronic system and the Company does not accept liability in respect of viruses, malicious code or any related problems that you might experience. For further information about us, please contact us at the address indicated below. Bernsoft Interactive Limited - P O Box 15177-00100 Nairobi - Tel: +254 722 929192 Email: admin@bernsoft.com Web: www.bernsoft.com _______________________________________________ kictanet mailing list kictanet@lists.kictanet.or.ke https://lists.kictanet.or.ke/mailman/listinfo/kictanet Unsubscribe or change your options at https://lists.kictanet.or.ke/mailman/options/kictanet/cecilia.nyawira%40yaho... The Kenya ICT Action Network (KICTANet) is a multi-stakeholder platform for people and institutions interested and involved in ICT policy and regulation. The network aims to act as a catalyst for reform in the ICT sector in support of the national aim of ICT enabled growth and development. KICTANetiquette : Adhere to the same standards of acceptable behaviors online that you follow in real life: respect people's times and bandwidth, share knowledge, don't flame or abuse or personalize, respect privacy, do not spam, do not market your wares or qualifications.
Bernard/Cecilia Good points especially on the security hullabaloo. Bottomline, companies use all means possible to detract their competitors from the main issues so that they can continue to enjoy market dominance. The Americans have a term for it:- Wagging the Dog. Unfortunately for Safaricom, Equity is like a bull dog (Pun intended) that refused to let go of the bone. Cecilia, the thin SIM gives Equity direct access to all Safaricom customers without the customers having to VUKA or add another SIM Card. Depending on how Equity executes this has the potential of doing what Number Portability was unable to do. And knowing Equity, I have no doubt about their ruthless execution machine. Knowing Safaricom, I also have no doubt about their execution. Me? I'm waiting for the string of innovations and cheap services that these Titans will unleash. It's a win win for Kenyans. Ali Hussein +254 770 906375 / 0713 601113 Twitter: @AliHKassim Skype: abu-jomo LinkedIn: http://ke.linkedin.com/in/alihkassim Blog: www.alyhussein.com "I fear the day technology will surpass human interaction. The world will have a generation of idiots". ~ Albert Einstein Sent from my iPad
On Sep 25, 2014, at 4:28 PM, Cecilia Nyawira via kictanet <kictanet@lists.kictanet.or.ke> wrote:
CAK is supposed to be the independent expert that grants licences. What is this 'independent panel of experts' that is 'to be appointed by the house committee' about? From a consumer rights perspective I would rather use Equity than Safcom because lets face it, Safcom is a bank which enjoys non-licence status. I would ask Equity to go to court and demand on behalf of mobile users that the same scrutiny that is being accorded to them be applied to the current mobile money transfer providers. All banks should also go to court and demand that Safcom acquire a banking lincence. There is a case for it. On the issue at hand, Equity doesn't even need mobile money transfer licensing. Its already a bank and I am sure it can use its already existing licence to pursue its ends. Why does Equity need thin simcards anyway? I tend to think there was a bit of in-the-box thinking here.
My two cents. But I am all for clash of the titans.
Cecilia Nyawira, Advocate.
On Thursday, September 25, 2014 2:58 PM, Bernard Kioko via kictanet <kictanet@lists.kictanet.or.ke> wrote:
So I have been watching and reading the debate on thin-sim and the drama got me thinking about something….
Almost every Kenyan bank today is running a USSD mobile banking service. When you dial that number (eg *111#) ….and you enter your PIN to transact….. your PIN is transported between your phone and your bank in an open text (clear text aka no encryption) that can be read easily. I am sure both Safaricom and Equity know this for a fact. With this understanding, is the thin-sim card discussion really about the security for consumer or is it market-share politics? Can the two companies not find a secure work around if it really is about security? Imagine if CCK / Central Bank had refused MPESA citing consumer security because they could tell of the many mpesa fraudsters reported daily.
Further, can CCK not “order” safaricom to open their sim card (subject to commercial terms) for more SimToolkit applications in which case Equity Mobile Money services would sit right next to MPESA menu on that same sim card (and perhaps there would have been no need for a new MVNO – ok so am being too ambitious!).
Isn’t the big deal Equity’s desire to enter the Mobile Money market and for those following closely, you know the difference between “M-Shwari” and the now almost dead “M-Kesho”
What are your thoughts?
This e-mail and any attachments may contain information that is confidential, legally privileged and protected by law and is intended for the sole use of the named recipient(s). Any unauthorized review, use, or disclosure or distribution is prohibited. Any liability (in negligence or otherwise) arising from any third party acting, or refraining from acting on any information contained in this email is hereby excluded. If you are not the intended recipient, please delete the contents and notify the sender immediately; do not disclose the contents to any other person, use it for any purpose or store or copy the information in any medium. Whilst our e-mails are checked for viruses, we cannot guarantee that this message or any attachment is virus free, does not contain malicious code or is incompatible with your electronic system and the Company does not accept liability in respect of viruses, malicious code or any related problems that you might experience. For further information about us, please contact us at the address indicated below.
Bernsoft Interactive Limited - P O Box 15177-00100 Nairobi - Tel: +254 722 929192 Email: admin@bernsoft.com Web: www.bernsoft.com
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The Kenya ICT Action Network (KICTANet) is a multi-stakeholder platform for people and institutions interested and involved in ICT policy and regulation. The network aims to act as a catalyst for reform in the ICT sector in support of the national aim of ICT enabled growth and development.
KICTANetiquette : Adhere to the same standards of acceptable behaviors online that you follow in real life: respect people's times and bandwidth, share knowledge, don't flame or abuse or personalize, respect privacy, do not spam, do not market your wares or qualifications.
Well said Ali. By politicians edging in on this battle, it only undermines CAK, reducing their authority and minimizing their mandate. They’re intimating that the CAK in fact *doesn’t* have the experts in-house to make this decision, which opens up a completely new line of conversation and debate. -- Erik Hersman BRCK | Ushahidi | iHub On Sep 26, 2014, at 6:52 AM, Ali Hussein via kictanet <kictanet@lists.kictanet.or.ke> wrote:
Bernard/Cecilia
Good points especially on the security hullabaloo. Bottomline, companies use all means possible to detract their competitors from the main issues so that they can continue to enjoy market dominance. The Americans have a term for it:-
Wagging the Dog. Unfortunately for Safaricom, Equity is like a bull dog (Pun intended) that refused to let go of the bone.
Cecilia, the thin SIM gives Equity direct access to all Safaricom customers without the customers having to VUKA or add another SIM Card. Depending on how Equity executes this has the potential of doing what Number Portability was unable to do. And knowing Equity, I have no doubt about their ruthless execution machine. Knowing Safaricom, I also have no doubt about their execution.
Me? I'm waiting for the string of innovations and cheap services that these Titans will unleash.
It's a win win for Kenyans.
Ali Hussein
+254 770 906375 / 0713 601113
Twitter: @AliHKassim Skype: abu-jomo LinkedIn: http://ke.linkedin.com/in/alihkassim Blog: www.alyhussein.com
"I fear the day technology will surpass human interaction. The world will have a generation of idiots". ~ Albert Einstein
Sent from my iPad
On Sep 25, 2014, at 4:28 PM, Cecilia Nyawira via kictanet <kictanet@lists.kictanet.or.ke> wrote:
CAK is supposed to be the independent expert that grants licences. What is this 'independent panel of experts' that is 'to be appointed by the house committee' about? From a consumer rights perspective I would rather use Equity than Safcom because lets face it, Safcom is a bank which enjoys non-licence status. I would ask Equity to go to court and demand on behalf of mobile users that the same scrutiny that is being accorded to them be applied to the current mobile money transfer providers. All banks should also go to court and demand that Safcom acquire a banking lincence. There is a case for it. On the issue at hand, Equity doesn't even need mobile money transfer licensing. Its already a bank and I am sure it can use its already existing licence to pursue its ends. Why does Equity need thin simcards anyway? I tend to think there was a bit of in-the-box thinking here.
My two cents. But I am all for clash of the titans.
Cecilia Nyawira, Advocate.
On Thursday, September 25, 2014 2:58 PM, Bernard Kioko via kictanet <kictanet@lists.kictanet.or.ke> wrote:
So I have been watching and reading the debate on thin-sim and the drama got me thinking about something….
Almost every Kenyan bank today is running a USSD mobile banking service. When you dial that number (eg *111#) ….and you enter your PIN to transact….. your PIN is transported between your phone and your bank in an open text (clear text aka no encryption) that can be read easily. I am sure both Safaricom and Equity know this for a fact. With this understanding, is the thin-sim card discussion really about the security for consumer or is it market-share politics? Can the two companies not find a secure work around if it really is about security? Imagine if CCK / Central Bank had refused MPESA citing consumer security because they could tell of the many mpesa fraudsters reported daily.
Further, can CCK not “order” safaricom to open their sim card (subject to commercial terms) for more SimToolkit applications in which case Equity Mobile Money services would sit right next to MPESA menu on that same sim card (and perhaps there would have been no need for a new MVNO – ok so am being too ambitious!).
Isn’t the big deal Equity’s desire to enter the Mobile Money market and for those following closely, you know the difference between “M-Shwari” and the now almost dead “M-Kesho”
What are your thoughts?
This e-mail and any attachments may contain information that is confidential, legally privileged and protected by law and is intended for the sole use of the named recipient(s). Any unauthorized review, use, or disclosure or distribution is prohibited. Any liability (in negligence or otherwise) arising from any third party acting, or refraining from acting on any information contained in this email is hereby excluded. If you are not the intended recipient, please delete the contents and notify the sender immediately; do not disclose the contents to any other person, use it for any purpose or store or copy the information in any medium. Whilst our e-mails are checked for viruses, we cannot guarantee that this message or any attachment is virus free, does not contain malicious code or is incompatible with your electronic system and the Company does not accept liability in respect of viruses, malicious code or any related problems that you might experience. For further information about us, please contact us at the address indicated below.
Bernsoft Interactive Limited - P O Box 15177-00100 Nairobi - Tel: +254 722 929192 Email: admin@bernsoft.com Web:www.bernsoft.com
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KICTANetiquette : Adhere to the same standards of acceptable behaviors online that you follow in real life: respect people's times and bandwidth, share knowledge, don't flame or abuse or personalize, respect privacy, do not spam, do not market your wares or qualifications.
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The Kenya ICT Action Network (KICTANet) is a multi-stakeholder platform for people and institutions interested and involved in ICT policy and regulation. The network aims to act as a catalyst for reform in the ICT sector in support of the national aim of ICT enabled growth and development.
KICTANetiquette : Adhere to the same standards of acceptable behaviors online that you follow in real life: respect people's times and bandwidth, share knowledge, don't flame or abuse or personalize, respect privacy, do not spam, do not market your wares or qualifications.
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The Kenya ICT Action Network (KICTANet) is a multi-stakeholder platform for people and institutions interested and involved in ICT policy and regulation. The network aims to act as a catalyst for reform in the ICT sector in support of the national aim of ICT enabled growth and development.
KICTANetiquette : Adhere to the same standards of acceptable behaviors online that you follow in real life: respect people's times and bandwidth, share knowledge, don't flame or abuse or personalize, respect privacy, do not spam, do not market your wares or qualifications.
participants (4)
-
Ali Hussein -
Bernard Kioko -
Cecilia Nyawira -
Erik Hersman