South African customers who have used buy now, pay later to purchase goods would overwhelmingly recommend it as a payment method. In contrast, customers of South African banks aren’t even half as likely to recommend financial services from their banks. This emerged in a survey of over 7,300 customers of BNPL fintech Payflex, who gave
Entersekt integrates NuData Security’s behavioural analytics intelligence into its EMV 3-D Secure solution to provide Capitec customers with real-time risk-based authentication for online purchases Entersekt, a global leader in device identity and authentication solutions, today announced that Capitec Bank has implemented its innovative EMV 3-D Secure solution that boosts the security of e-commerce payments, while
A loyal customer base is good for business. But how do you ensure customer loyalty and how can you both retain and grow your customer base? According to numerous studies and insights, one of the most valuable investments your company can make in terms of both retaining and gaining customers is to have an effective
By Sergio Barbosa, CIO of enterprise software development house, Global Kinetic, and CEO of its open banking platform, FutureBank. Like the telecommunications companies, global banks are in a race to ensure they don’t become a dumb utility, leaving the more agile fintechs to capture an increasing share of their digital-forward customers. However, while some banks
South African bank’s adoption of nCino expands the company’s reach to five continents nCino, Inc., a pioneer in cloud banking and digital transformation solutions for the global financial services industry, today announced that Capitec Bank (Capitec; JSE: CPI), South Africa’s largest and fastest-growing digital bank has partnered with nCino. nCino is assisting with building the
Interest in digital card options has grown, with physical cards still in demand Credit and debit cards are the payment method of choice for most consumers according to new research from Fiserv, Inc. (NASDAQ: FISV), a leading global provider of payments and financial services technology solutions. Cards are seen as the fastest, easiest and most
UBA Kenya and Cellulant Kenya launch payments gateway to accelerate adoption of cashless payments The volume of global cashless transactions is set to grow by more than 80% between 2020 and 2025 according to the Payments 2025 & Beyond Report by PWC. In recent years, individuals and businesses alike have adopted digital payments reshaping the
Businesses using Carat or Clover will be able to implement their preferred BNPL providers for in-store and online commerce Affirm will be first BNPL option fully integrated into Carat system for enterprise merchants Businesses of all sizes will be able to simplify the enablement of Buy Now Pay Later (BNPL) options with streamlined access via
Mobile point-of-sale solutions (mPOS) are no longer ‘alternative’ payment solutions – even small vendors who aren’t using this technology, will soon lose out if they don’t adapt. The market is expected to achieve a compound annual growth rate of almost 20 percent between 2021 and 2027, with many merchants not only adding these solutions to
Independent mobile payments, insights, loyalty and rewards platform, Zapper, has announced that their merchants will now be able to accept tap-on-phone payments. The new functionality gives them access to virtually all digital payments without the need for any additional point of sale hardware and irrespective of whether consumers have the Zapper app. “After a successful
