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Xago launches seamless trading functionality in its world-first mobile app

Xago launches seamless trading functionality in its world-first mobile app

Xago Technologies based in Cape Town, South Africa and founded in 2016, launches seamless trading functionality in its mobile app enabling clients to trade anywhere, anytime, and with CERTAINTY. The latest version of the world-first mobile application offers all the capabilities of Xago’s Xchange platform including speed of transactions, high security, full compliance and Three Factor Authentication (3FA).

“Our clients are our first priority and we are extremely proud to launch all of Xago’s unique trading platform functionality, in our highly secure, user-friendly mobile app which is now available in both the PlayStore and iStore. As an avid trader myself, I have been intricately involved in the development of the app and am extremely pleased with the outcome, especially being able to watch the markets and trade securely on the fly, wherever I am.  We are also releasing innovative features and services within the app shortly,” announces Jurgen Kuhnel, Chief Commercial Officer and Co-founder of Xago.

A world-first. 

The revolutionary mobile app uses advanced (future generation) neuromorphic computing technologies to simulate human cognition – how the brain naturally and instinctively recognises people.  The result is a far more secure and a far more convenient client experience when registering and logging in to transact on Xago’s platform, a world-first.

Developed by research scientists not only does the app’s authentication outperform conventional biometrics (fingerprint, facial recognition, voice recognition), but it also does what no on-device biometric is able to do – certify the identity of a person by referencing identity data held by the Department of Home Affairs (DHA), in real time.

Xago takes security, client verification and authentication very seriously and the mobile app has now made conventional login names and passwords redundant. The app’s Three Factor Authentication (3FA) has all of the following categories: knowledge (e.g. user credentials), possession (e.g. mobile device) and inherence/biological feature (e.g. thumbprint or, in this case, neuromorphic biometric facial recognition). Clients can simply look at their phone without having to type, touch, swipe, scroll, press or enter any information, knowing that they cannot be replaced by a fraudulent person.

Official regulators, banks, eCommerce platforms, retailers, mobile operators, crypto exchanges, commodity companies and international business owners work with Xago, and this latest app release is the next step towards creating more innovative solutions for our partners across the globe.

Download the Xago Mobile App.

   

Watch SABC TV News On Point’s Nompu Sizia interview Mark Chirnside, Xago’s CEO and Co-Founder, about the future of cryptocurrencies.

For more information, please contact:
Cheridan Inglis
Chief Marketing Officer
cheridan@xago.io

 

SA’s Pending Crypto Regulation – Exclusive Interview with Jurgen Kuhnel

SA’s Pending Crypto Regulation – Exclusive Interview with Jurgen Kuhnel

Listen to Jeremy Harris from Heart FM interviewing Jurgen Kuhnel at the recent SA Ubuntu Foundation Business Breakfast about the crypto industry, the global money movement, the pending Crypto Regulations in SA and what this means to you and your business.

 

OTHER NEWS

The regulation of crypto assets in South Africa is anticipated to be sooner rather than later and Xago, announced recently that it is first to implement allowances for crypto.

Watch SABC TV News On Point’s Nompu Sizia interview Mark Chirnside, Xago’s CEO and Co-Founder

About Xago Technologies (Pty) Ltd.

Xago moves money across the world highly securely, quickly, and at low cost by utilising the power of blockchain technology, mobile networks and crypto payment rails. Xago is transforming the money transfer industry by bypassing traditional payment rails, with a core focus on empowering people in Africa.

Since inception, Xago has championed fair regulation of the crypto industry and works with the official financial regulators in South Africa (IFWG).  Xago was first to launch what we believe will be the basis of crypto asset regulation to protect our clients when legislation is implemented.

Strategic partnerships and clients include banks, crypto exchanges, mobile operators, retailers, wholesalers, web merchants, payment solution services, commodity companies and business owners.

For more information or to arrange an interview with Jurgen Kuhnel, Xago’s CCO and Co-founder, please contact:
Cheridan Inglis
Chief Marketing & Information Officer
cheridan@xago.io

 

 

 

Synapse Magazine features Xago’s World-First Neuromorphic Biometric App

Synapse Magazine features Xago’s World-First Neuromorphic Biometric App

The AI Media Group, publishers of Synapse Magazine and The Voice of African Artificial Intelligence & Data Science, features Xago’s World-First Neuromorphic Biometric App in their latest issue on page 26.

The Future of Money

Watch SABC TV News On Point’s Nompu Sizia interview Mark Chirnside, Xago’s CEO and Co-Founder

The regulation of crypto assets in South Africa is anticipated to be sooner rather than later and Xago, announced recently that it is first to implement allowances for crypto.

 

Download the Xago Mobile App.

     

 

About AI Media Group

The AI Media Group are curators of Africa’s Largest B2B B2G Trade Focused Artificial Intelligence & Smart Tech Community – Building An AI Powered Future For Africa. www.aimediagroup.co.za

About Xago Technologies (Pty) Ltd.

Xago moves money across the world highly securely, quickly, and at low cost by utilising the power of blockchain technology, mobile networks and crypto payment rails. Xago is transforming the money transfer industry by bypassing traditional payment rails, with a core focus on empowering people in Africa. Crypto Exchanges, Financial Institutions, eCommerce Platforms, Retailers, Business Owners and Investors partner with Xago. Partner with CERTAINTY.

For more information or to arrange an interview with Mark Chirnside, Xago’s CEO and Co-founder, please contact:
Cheridan Inglis
Chief Marketing & Information Officer
cheridan@xago.io

 

 

 

Xago Launches World-First Neuromorphic Biometric Technology to Authenticate Clients

Xago Launches World-First Neuromorphic Biometric Technology to Authenticate Clients

Xago, an innovative crypto fintech based in South Africa, launches their mobile application which includes Neuromorphic Biometric Technology to authenticate and protect Clients, a world-first.

The revolutionary mobile app uses advanced (future generation) neuromorphic computing technologies to simulate human cognition – how the brain naturally and instinctively recognises people.  The result is a far more secure and a far more convenient client experience when registering and logging in to transact on Xago’s platform.

“Developed by research scientists at aiQ Cognitive Technologies, not only does the app’s authentication outperform conventional biometrics (fingerprint, facial recognition, voice recognition), but it also does what no on-device biometric is able to do – certify the identity of a person by referencing identity data held by the Department of Home Affairs (DHA), in real time,” announces, Mark Chirnside, CEO and Co-founder of Xago.

According to the Southern African Fraud Prevention Service (SAFPS), identity theft (impersonation fraud) was up by 337% in 2020, indicating that the Covid-19 pandemic created a massive opportunity for fraudsters. Xago’s takes security, client verification and authentication very seriously and their mobile app has now made conventional login names, passwords and One Time Passwords (OTPs) completely outdated and, in fact, ultimately redundant. Their mobile app also offers not only 2 Factor Authentication (2FA), but 3 Factor Authentication (3FA).  3FA has all three of the following categories: knowledge (e.g. password), possession (e.g. mobile device) and inherence/biological feature (e.g. facial recognition). Now, Xago’s clients can simply look at their phone without having to type, touch, swipe, scroll, press or enter any information, knowing that they cannot be replaced by a fraudulent actor.

The regulation of crypto assets in South Africa is anticipated to be sooner rather than later and Xago, announced recently that it is first to implement allowances for crypto.

Watch SABC TV News On Point’s Nompu Sizia interview Mark Chirnside, Xago’s CEO and Co-Founder

Download the Xago Mobile App.

     

About aiQ Cognitive Technologies

aiQ Cognitive Technologies is represented by a group of research scientists, previously from the University of Johannesburg (South Africa), who together with the Chennai Institute of Technology (India), have been researching and developing technology solutions which aim to manipulate the full potential of Neuromorphic Computing, an advanced, future generation Artificial intelligence (AI) and Machine Learning (ML) technology that’s not constrained by current methodologies. Assisted by Intel Labs, aiQ engineers have successfully managed to develop neuromorphic solutions that answer complex problems that lie beyond the scope of conventional AI and ML capabilities. http://aiqtech.co.za

About Xago Technologies (Pty) Ltd.

Xago moves money across the world highly securely, quickly, and at low cost by utilising the power of blockchain technology, mobile networks and crypto payment rails. Xago is transforming the money transfer industry by bypassing traditional payment rails, with a core focus on empowering people in Africa. Crypto Exchanges, Financial Institutions, eCommerce Platforms, Retailers, Business Owners and Investors partner with Xago. Partner with CERTAINTY.

For more information or to arrange an interview with Mark Chirnside, Xago’s CEO and Co-founder, please contact:
Cheridan Inglis
Chief Marketing & Information Officer
cheridan@xago.io

 

 

 

UK-based FintechCashier Partners with Xago to Expand into Africa with Certainty

UK-based FintechCashier Partners with Xago to Expand into Africa with Certainty

Innovative UK payment services company, FintechCashier, chooses Xago as their preferred partner to expand their merchant payment ecosystem solution, Gateway Cashier, into Africa.

“We are honoured to be the partner of choice for the FintechCashier Group, to enable them to offer accurate and fast payment products and services across the continent. Utilising Xago’s gateway enables clients like FintechCashier to transfer funds from one point to another with efficiency, speed, and at low-cost, while being certain that they are partnering with a credible company,” announces Kevin Lewis, Chief Revenue Officer at Xago.

Both Xago and FintechCashier manage security, Anti-Money Laundering (AML) and Know Your Customer (KYC) compliance with vigilance, making this collaboration an obvious next step to empower business owners in Africa.

“The FintechCashier Group is pleased to partner with Xago to enable our SMEs and Family Office clients to access the South African payments market and a foothold into the wider African continent. We are impressed by the professionalism of the Xago team and their in depth approach to moving funds across the world efficiently.

We are very confident that compliance and all regulatory requirements are up to date as, since its inception in 2016, Xago has championed fair regulation of the crypto industry and has been engaging with the South African Regulators,” comments Natalie Kastberg, Head of Operations at FintechCashier.

The regulation of crypto assets in South Africa is anticipated to be sooner rather than later and Xago, announced recently that it is first to implement allowances for crypto.

About FintechCashier Group

The FintechCashier Group is a payment gateway and solution provider, setting up the operation and support during all stages from onboarding to full deployment. FintechCashier guarantees a seamless, transparent, and fast portal for their customers to receive the transaction related funds of their clients, to manage their cash flow, and to make settlements. FintechCashier supports a wide spectrum of services, ranging from credit card processing, exchange, eCommerce and wire solutions. Their platform works with the global market technology infrastructure. www.fintechcashier.com

For more information, please contact:
Cheridan Inglis
Chief Marketing & Information Officer
cheridan@xago.io

 

SABC TV News On Point’s Nompu Sizia interviews Mark Chirnside

SABC TV News On Point’s Nompu Sizia interviews Mark Chirnside

Partner with CERTAINTY. Partner with Xago.

The regulation of crypto assets in South Africa is anticipated to be sooner rather than later and Xago, an innovative Fintech based in Cape Town, announces that it has now updated its solution to cover what Xago’s compliance and business teams believe will protect its Clients.

Watch SABC TV News On Point’s Nompu Sizia interview Mark Chirnside about the future of cryptocurrencies

 

For more information, please contact:

Cheridan Inglis
Chief Marketing & Information Officer
marketing@xago.io