First Bank of Nigeria Announces New Board Appointments
MasterCard Announces Acquisition of VocaLink
BACS – the Automated Clearing House (ACH) enabling direct credit and direct debit payments between bank accounts Faster Payments – the real-time account-to-account service enabling payments via mobile, internet and telephone LINK – the UK ATM network In addition, VocaLink offers innovative products with global potential, including ZAPP, a mobile payments app that leverages Fast
The National Bank of Commerce Launches Tax Payment Facility in Tanzania
DailyNews Tanzania]]>
Africa: A Case for Instant Issuance
Savedroid and Wirecard Launch Germany's First Intelligent Saving App
https://www.savedroid.com ]]>
EMVCo Introduces ‘Payment Account Reference’ to Support Tokenization
What is PAR? According to EMVCo, PAR is a ‘newly-defined data element that reduces reliance on primary account numbers (PAN) when managing security requirements and delivering value-added services.’ It has been introduced solely to support the process of payment tokenization. Why has PAR been introduced? Tokenization reduces the value of stored payment credentials by replacing
Entersekt’s Two-factor Authentication now Available in Nigeria
First Authentication Services Limited (FASL) has partnered with Entersekt, an innovator in mobile-enabled digital banking security, to make Transakt available in Nigeria. Transakt is a patented two-factor authentication and app security product that provides full protection from phishing and other attacks targeting the online, mobile and card-not-present channels. Transakt uses state-of-the-art digital certificate technology and proprietary validation
Absa Partners with UnionPay to Provide Easy Banking for Chinese Visitors in South Africa
Regulations Could Be An Innovation Enabler For Banks
Orange Completes Acquisition of Mobile Operator Airtel in Sierra Leone
Orange announces that, together with its Senegal-based partner Sonatel, it has completed the acquisition of 100% of the mobile operator Airtel in Sierra Leone. Since the signature of an agreement with Bharti Airtel International (Netherlands) BV (“Airtel”) in January 2016, Orange has obtained all the official approbations necessary to complete this transaction. Airtel is the leading
