In the News
Craft Silicon CEO Mr. Kamal Budhabhatti is nominated as "The Best Business Icon Male" for TAWAA Awards 2017
Published on 13 February 2017 Vote Now
Mrs. Priya Budhabhatti made it to the Business Daily's 2015 ranks of Top 40 Under 40
Published on 07 August 2015Read more...
Craft Silicon's Elma has been recognized as a Top Innovation from Citi’s Mobile Challenge
A Citi Press Press Release
May 28, 2014 Read more...
Speed Capital implements Craft Silicon’s Bankers Realm as Core Banking System for its Banking business
A Speed Capital Press Release
October 23, 2014 Read more...
Jamii Bora completes Sh250m upgrade
A Jamii Bora Press Release on Daily Nation -
October 20, 2014
Jamii Bora Bank has completed a Sh250 million upgrade of its core banking system, which is to go live on Tuesday, October 21.
The upgrade, which in April this year, is meant to make banking transactions more efficient and facilitate absorption of more products and customers.
Chief executive Samuel Kimani said the upgrade is a milestone in the bank's quest to improve its customer service experience and market competitiveness
"This project gives us the capacity to take our business to the next level," he said in a statement.
To facilitate the transition from the existing system to the new platform, the bank closed for business from Friday, 17 October until Monday, 20 October.
During this time, customers were to access their accounts through Kenswitch ATM machines.
The upgrade was implemented by Craft Silicon, a local technology firm with the support of TechGen Group.
The bank has 34 outlets countrywide. Its core capital stands at Sh1.4 billion, but it projects that this will increase to Shs 2.1 billion in 2015.
BY NATION CORRESPONDENT
Businesses scramble for cashless payments gold
A News article on the release of Elma 2.0 - A Safer, Smarter and More Convenient to Use Mobile Commerce Platform. Read more... Download PDF
Craft Silicon deploys
Bankers Realm .Net in India
Bankers Realm .Net is our
new high end solution to our banking , islamic and microfinance
solution. Its a web based solution , that provides full security
and easy to manage capabilities for our web based customers.First
installation of BR .Net was done in india and currently we
have more than 15 clients on deployment pipeline in Africa.
Craft Silicon Foundation,
Journey already began
Our new community driven initiative
by Mrs Parminder Budhabhatti –Co - Founder
of Craft Silicon, CEO of Craft Silicon Foundation to aid young people in rural areas gain skill in
computers has already began. The craft silicon foundation
has a fully equiped bus with a capacity of 25 students. The
foundation offers free computer classes. The Bus is fitted with 12 computers monitor using solar energy panels to power the computers. This effort has recieved recognition by the Vice President Kalonzo Musyoka.
Craft Silicon moves
to New Craft Silicon Campus Building
25 May 2010 was a big day
for Craft Silicon staff. This was the day that craft silicon
office moved to its very owned campus building located at
Musa Gitau drive , on Waiyaki Way. The campus is fully equiped
with a softare developement center , data house , recreational center(gymn
,pool,basket ball pitch) and can hold a capacity of 400 staff
Equity Cash Back
Equity bank , with Craft Silicon
, have merged to provide its customer to offer both retail
and cash back facility through supermarkets and shopping centers.
This effor has enable equity customers to purchase and withdraw
right from point of sale device. This in return has increased
customer turnover in equity due to easy and accesible cash
facility. The solution provided by Craft Silicon is BREFT swith and Point of Sale devices being deployed in different points of retail markets.
Internet Banking and
Mobile banking on the Move
The internet solution and
mobile solution are now being intergrated to a solution called
'BR Money Transfer ' a solution that enables banks to operate
mobile agents , and process cash deposit , withdrawal ,send
and recieve from their bank to their mobile phone. Another new product in the pipeline is ELMA , a mobile shopping and bill payment solution , that intergrates with bank and allows mobile users to purchase , pay bills , and access other services such as manage money , news subscription , stock exhange and mobile top ups.
the retail market for Mobile bill payments
In an effort to reach customers
right at their convinience , safaricom introduced mobile bill
payments from retail outlets whereby safaricom prepaid customers
can pay their mobile bills .This has made payment more efficient
and has attracted more customers for prepaid service.
Africa Middle East
The larget microfinance summit
is now coming to Africa , and is hosted right here in Nairobi
kenya. Registration to summit. Africa Middle East Regional
Summit will include about 2000 delegates in 40 different countries
, who will have the opportunity to express and share ideas
on how to end poverty levels across the globe. For most this
is considered as the ground breaking summit.The summit is scheduled to take place on April 7 -10 ,2010