Mastercard Appoints New Country Director in Ghana

Mastercard has announced the appointment of Bossman Akuffo Kwapong as Country Director for Ghana. His 20 years of experience in the financial services industry includes leadership roles in business development, banking operations, client experience, payments and digital innovation. In his new role, Bossman will manage Mastercard’s operations and relationships in Ghana, enabling strategic delivery of

Ukheshe Technologies Announces boostXB Joint Venture with ForexPeople

Fast, convenient cross-border end-to-end digital remittances from SA into Africa Leading fintech enablement partner, Ukheshe Technologies has confirmed the establishment of a new joint venture with ForexPeople, one of South Africa’s most trusted names in forex with over 20 years’ experience, to seamlessly facilitate cross border payments from South Africa into Africa. The service will

Commercial Bank of Kuwait Selects TCS BaNCS™ to Transform Treasury Operations and Drive Future Growth

Tata Consultancy Services’ Integrated Front-to-Back Treasury Solution to Help the Bank Create New and Innovative Asset Classes and Improve Customer Experience Tata Consultancy Services (TCS), a leading global IT services, consulting and business solutions organization, announced that Commercial Bank of Kuwait (CBK), one of the largest financial institutions in Kuwait, has selected TCS BaNCS™ for

NCR Completes Transaction with Cardtronics

NCR Corporation (NYSE: NCR), a global enterprise technology provider, has announced that it has closed its transaction with Cardtronics (NASDAQ: CATM). “We are pleased to reach today’s milestone and to be one step closer to combining our two outstanding companies,” said Michael D. Hayford, President and Chief Executive Officer of NCR. “This combination will accelerate

Fiserv Announces Executive Leadership Appointments

Fiserv, Inc., a leading global provider of payments and financial services technology solutions, has announced executive appointments to further the company’s goals of creating value for clients and generating strong, sustainable growth. Guy Chiarello, currently Chief Administrative Officer of Fiserv, has been appointed Chief Operating Officer, effective June 24, 2021. In a distinguished career spanning more than

FSS report | Trends Shaping the Future of Prepaid Issuance

The Global Prepaid Card Market size was valued at USD 2.01 trillion in 2019 and is predicted to reach USD 18.47 trillion by 2030, with a CAGR of 22.5% from 2020-2030. The global prepaid card market is on a strong growth momentum, owing to the growing demand for digital payments and a proliferating e-commerce sector,

RBR | Teller Assist Technology Remains a Cornerstone in Banks’ Cash Management Strategies

Teller assist units allow banks to boost cash handling efficiency and create a more personalised and secure banking experience for customers USA home to a third of the world’s teller cash recyclers RBR’s Branch Transformation 2021 reveals that the migration of cash away from the teller, declining footfall in branches, and a wider shift towards

Consumers’ Use of Mobile Wallets Up Nearly 50 Percent Among Those Paying Bills Digitally More Often During Pandemic, New ACI Study Reveals

Security cited as top concern for those not willing to use mobile wallet payments Flexible payment options can help ease consumer debt caused by the pandemic According to new data from ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time electronic payment and banking solutions, the use of mobile wallets has increased nearly 50 percent (49%) from

Standard Bank and iiDENTIFii Bring Virtual Identification Capabilities to Corporates

Standard Bank Group is proud to announce a new partnership with South African based technology company, iiDENTIFii. Following the launch of the group’s OneHub platform, this partnership will enable corporate customers to biometrically identify and verify the individuals they are doing business with via OneHub. Identity fraud is one of the fastest growing crimes globally

73% of SMEs in Egypt Optimistic About Future Growth Guided by Potential for Access to Training, Better Data, and Digital Payments: Mastercard MEA SME Confidence Index

73% of SMEs in Egypt are optimistic about the next 12 months compared to a regional average of 74% SME Confidence Index of the Middle East and Africa Research identified key areas with the greatest potential for growth with two thirds of SMEs projecting an increase in revenues in the next 12 months After facing