Mastercard Launches Tool to Combat Account Related Fraud from Data Breaches

With speed being a critical factor in fighting fraud, Mastercard has announced the launch of Early Detection System. This new service provides issuers with a unique advanced alert for cards and accounts at a heightened risk of fraudulent use based on their exposure in security incidents or data breaches. The business of stolen data is

Digital Payments Could Save Ghana Over GHS 1 billion Within Next Four Years

At an event bringing together key government and business players, the Ghana’s Ministry of Finance and the UN-based Better Than Cash Alliance released a report documenting the country’s progress in creating an economy where everyone can pay and get paid digitally, instead of cash. The results show the country has made significant gains, including almost 100

Digital Payments Could Save Ghana Over GHS 1 billion Within Next Four Years

At an event bringing together key government and business players, the Ghana’s Ministry of Finance and the UN-based Better Than Cash Alliance released a report documenting the country’s progress in creating an economy where everyone can pay and get paid digitally, instead of cash. The results show the country has made significant gains, including almost 100

Ecobank launches mVisa across 33 African Countries

Ecobank has partnered with Visa to launch Ecobank Scan+Pay with mVisa solutions to their consumers. The strategic tie-up signals interoperability on a cross border level – and potentially huge gains – as it affords consumers with the ability to use their mobile phone to directly access the funds in their bank accounts to pay person-to-merchant

Ecobank launches mVisa across 33 African Countries

Ecobank has partnered with Visa to launch Ecobank Scan+Pay with mVisa solutions to their consumers. The strategic tie-up signals interoperability on a cross border level – and potentially huge gains – as it affords consumers with the ability to use their mobile phone to directly access the funds in their bank accounts to pay person-to-merchant

Visa and Uber to Offer a Seamless Payment Experience in a Multi-Year African Partnership

Uber and Visa have announced a strategic agreement that aims to grow digital commerce across Africa, with the first launch in Nigeria last month the new promotion will now be available in Kenya. Under the agreement, Visa will work with its financial institution partners to set up their debit and credit portfolios for eCommerce. This

Visa and Uber to Offer a Seamless Payment Experience in a Multi-Year African Partnership

Uber and Visa have announced a strategic agreement that aims to grow digital commerce across Africa, with the first launch in Nigeria last month the new promotion will now be available in Kenya. Under the agreement, Visa will work with its financial institution partners to set up their debit and credit portfolios for eCommerce. This

Spark ATM Systems Achieves Record Growth as Banks Outsource ATM Networks

South Africa’s premier independent ATM deployer, Spark ATM Systems, has announced record installations for their third quarter, with 73% growth compared to their previous best quarter. This significant growth follows the company’s January 2017 acquisition by Cardtronics plc, in a move that marked the world’s premier ATM services provider’s entry into the South African market.

FNB Business Voted Best Business Bank in SA

FNB Business has again been voted “Top Corporate Bank” in the 18th installment of the annual Sunday Times Top Brands survey, this makes it the fifth year in a row that FNB Business wins top honors in the survey. The Sunday Times Top Brands survey is the leading barometer of consumer and brand sentiment in

Gemalto Helps Banks and Payment Providers Simplify and Streamline Encryption Operations

Gemalto, the world leader in digital security, announced the launch of the industry’s first payment hardware security module (HSM) to include partitioning as an advanced security feature. This new capability allows financial services organizations to simplify cryptographic operations by using a single HSM to support dozens of security applications and protect sensitive payment information and