The three, Augustine Khafafa, Patrick Tendwa and Jones Mireri, have introduced Intelligent Cash Deposit Machine, which also increases efficiency in business operations and tames pilferage as well as fraud by over 90 per cent. With this technology, there is no fear of losing money through fraud and theft, said Mr Khafafa, the director for technology at their firm, Blue River Technology Solutions Ltd. The money is banked immediately it is deposited into the machine,” said Mr Khafafa, adding that the deposit machine is linked to customers’ accounts. Mr Jones Mireri, the business system analyst at Blue River Technologies, says the machine also sorts notes into various denominations. The cash machine is not the first invention by the entrepreneurs.

Source: Daily Nation October 04, 2016 07:07 UTC