UnionPay Takes Top Spot From Visa in $22 Trillion Global Cards Market

Payment cards worldwide increase by 8% to reach 13 billion in 2015 New research from RBR shows that the number of payment cards in circulation worldwide increased by 8% last year to 13 billion. Although still impressive, the growth rate fell from 11% in 2014, following a slowdown in the expansion of the Chinese market.

4 Trending Digital Payment Methods: Is Your Business Ready For Them?

diverse and prominent generation in the US population. As a generation heavily influenced by technology, their buying habits and expectations are all formed via the immediacy that smartphones, Internet, and modern conveniences engender. Businesses and consumers alike are interested in faster, safer, and more convenient payment methods, as cash is becoming obsolete and credit cards

What Lessons Can We Learn From East Africa’s Mobile Money Developments?

no access to formal financial services or even a traditional bank account. At 85% penetration, mobile phones have become an important element of daily life. While text messaging is most popular, mobile commerce – at 43 percent penetration of mobile users – is redefining the way Kenyans perform transactions leading to a notable shift in

Absa Launches a World Banking First: ChatBanking for Facebook Messenger

Get the actual and available balance on their transactional account Buy airtime or data for the cellphone registered to their account Get a mini-statement showing the last few transactions on their account Buy PrePaid Electricity* for selected municipalities Make a payment to an existing beneficiary that they have paid at least once before Learn about

How Financial Services Can Capitalise on the Gold Mine that Sits within Big Data

So what do Data Product Managers do? These rare individuals combine expertise and skills across six fronts: big data and analytics; commercial acumen; agile execution; design; digital; and customer experience. Working across the product lifecycle, they help to translate the output of a data scientist into authentic intelligent experiences for the customer. In concert with

Easier Online Transactions for Consumers using AXS Internet and Mobile App, with Masterpass

How it works: on the homepage of the AXS m-Station, there are two new options on the main menu – “Pay by Masterpass” and “Pay by Mastercard”. For consumers new to Masterpass, they can click on the link at the bottom of the screen for a one-time registration and create their Masterpass wallet. Once a