Lipetskcombank, one of the largest regional banks in Russia, has completed the implementation and launch of its new LKB Online mobile banking application built on TranzWare Mobile Banking from Compass Plus. The bank is now able to provide its customers with a number of new services such as remote payments, the ability to manage their
South Africa has just got its own version of Venmo, one of the US’s most successful payment platforms owned by PayPal that processes $25 billion in person to person payments annually. The Slide app, founded by three young South Africans who recently returned from living in the States, has been developed to change the way
Banking customers who traditionally bank via branches are embracing in-branch digital banking channels, says First National Bank (FNB). The bank says its customers are increasingly using its spread of in-branch Digital Zones and free WiFi. Significantly, branch personnel are also able to help customers download the bank’s zero rated App to conduct most transactions they
Banking customers who traditionally bank via branches are embracing in-branch digital banking channels, says First National Bank (FNB). The bank says its customers are increasingly using its spread of in-branch Digital Zones and free WiFi. Significantly, branch personnel are also able to help customers download the bank’s zero rated App to conduct most transactions they
Mahindra Comviva, the global leader in providing mobility solutions, has won the Digital Impact Awards Africa in the “Best Digital Financial Service Platform for Africa” for its mobiquity® platform. The awards were presented recently at a glittering award ceremony at the Kampala Serena Hotel in Uganda. This recognition came against tough competition with the likes
Mastercard has announced a collaboration with South African fintech company Yoco to roll out 15,000 mobile Point of Sale (mPOS) devices to small and medium-sized businesses by the end of the year, while educating them on the benefits of going cashless. To start accepting card payments, business owners simply connect the Yoco card reader to their
Visa has announced Visa ID Intelligence, a platform that allows issuers, acquirers and merchants to quickly adopt emerging authentication technologies and create more secure and convenient ways for consumers to shop, pay and bank on their connected devices. Available through Visa Developer Platform, Visa ID Intelligence offers a curated selection of leading third-party authentication technologies
The South African-based fintech startup that offers the cheapest cross border money transfer rates into key African countries and now into India, has introduced the easiest online registration process using its app – taking a photo and a selfie. This is a first in South Africa and is approved by the Financial Intelligence Centre and
Mastercard has announced Standard Chartered Bank as the most recent major bank integrating the Mastercard Send service to broaden their cross-border payment services. Standard Chartered Bank joins a growing list of global financial institutions partnering with Mastercard to offer their customers a faster, more efficient and more cost-effective way to send money around the world.
Coming in at No. 14, Mastercard is recognized as a leader on this new ranking that looks at the world’s forward-looking, innovative companies that are best set up for the future. The Fortune Future 50 has cited Mastercard for its work with biometric technology; the enormous opportunity it sees we have in turning every device
