Filipino Migrants Can Now Enjoy the Low, Flat Fee for MoneyGram Transfers from Saudi Arabia

Posted on by Staff Writer | 2180 Views | 7 min read

$4 USD), on any money transfers sent from the Kingdom of Saudi Arabia to Philippines. The fee is flat regardless of the amount being sent and the promotion is valid until July 6th, 2016. What is even more important – there are no so-called “backend fees”. This new flat fee is designed to support Filipinos in Saudi sending money back

Why the Rest of the World Should be Following Africa’s Mobile Banking Example

Posted on by Staff Writer | 2575 Views | 20 min read

Entersekt CEO, Schalk Nolte, looks at how African banks are responding to mobile security threats and points out that the rest of the world should be taking a page out of their book. The growth of mobile banking has surged over the last two years. An October 2015 report from Juniper found that over a billion phone users would

Two Million ATMs to Run Multivendor Application Software by 2020

Posted on by Staff Writer | 2619 Views | 8 min read

Two thirds of western European ATMs use multivendor solutions RBR’s new study ATM Software 2016 reveals that ATM deployers’ multivendor* software projects comprised nearly 1.2 million machines by the end of 2015. This represented 40% of the world’s 2.9 million “bank-grade” ATMs. The largest country market in absolute terms is China; Brazil ranks second, reflecting

Shell and Visa Introduce the Latest Payment Innovation at Fuel Stations

Posted on by Staff Writer | 2373 Views | 3 min read

Inform the petrol attendant that you would like to pay with your Contactless card. The purchase amount will be entered into the terminal (in the Shop) – or automatically obtained from the pump (on the Forecourt) – and then displayed on the terminal When the “Present Card” screen appears on the terminal (together with the

NCR Showcases Innovative Security Solutions to Help Banks in the Middle East Defend its Customers Against Malware Attacks

Posted on by Staff Writer | 2214 Views | 11 min read

Cards & Payments Middle East 2016 event starting from May 31 to June 01, 2016. NCR’s Remote BIOS Update Solution provides a first layer of protection against unauthorized booting and access to ATM hard disk. This tool allows financial institutions to remotely lock down the (BIOS) firmware on the ATM by applying a password and

FIME Labs & Test Tool Recognized by EMVCo to Validate that SEs Support End-User Mobile Payment Application Selection

Posted on by Staff Writer | 2234 Views | 5 min read

Global test tool have been approved by EMVCo to support chip manufacturers in confirming alignment with the latest EMVCo Application Activation User Interface (AAUI) Proximity Payment System Environment (PPSE) test plan. The PPSE is a mechanism that identifies and presents the compatible contactless payment applications when a point-of-sale terminal is in range. The AAUI enables