MasterCard announced a series of executive appointments that will drive greater alignment and continue to evolve the company’s “Global Products and Solutions” and “Operations and Technology” business units. The appointments will become effective January 1, 2016. Ed McLaughlin has been named chief information officer. In this new role, McLaughlin will be responsible for ensuring the company
Currency Cloud, the B2B international payments engine inside countless financial firms announces a new Direct Debit functionality in partnership with Fidor Bank, a Munich-based digital bank that provides a unique banking API to seamlessly integrate Direct Debits into the payment processes of Currency Cloud and its customers. The new capability means that Currency Cloud can
Ingenico Group, the global leader in seamless payment, announced that Millennium Bim, the largest bank in Mozambique, has partnered with Ingenico Group to replace its current fleet of point-of-sales throughout the country. Millennium Bim selected Ingenico Group’s smart terminals for their flexibility, innovative capabilities, and compliance with the highest security standards. Beyond a banking application,
Speaking at the Retail Congress Africa in Cape Town recently, James House CEO of 5one, a global retail consultancy purchased by MasterCard in 2014, discussed how the evolving retail environment is changing the way retailers must engage with their customers. Customers are no longer relying on just one channel when making a purchase and this
Optimal Payments, one of the world’s leading global payment solution providers, is proud to announce its new brand identity and company name, Paysafe. Paysafe now forms a powerhouse in the payment processing market. The company’s purpose is to offer relevant solutions for every payment eventuality. The company’s business expertise includes the market-leading digital wallet and
There is a digital convergence happening in the payments space. Online shopping, mobile devices, and pervasive connectivity are redefining the roles of ‘traditional’ and ‘emerging’ payments systems, while mobile devices are blurring the lines between card-not-present and card-present transactions. Payments Afrika attended the recent Retail Congress Africa conference and had an opportunity to speak to
Established under the auspices of the International Telecommunication Union, a specialized agency of the United Nations, the focus group is one of ITU’s most significant initiatives on Digital Financial Services (DFS) and financial inclusion. Launched officially in June 2014 it is the first time that experts from the telco and financial services sectors have come
Sterling Payment Technologies, a national payment processor and provider of integrated payment solutions, announced the completion of US EMV level 3 certification with Datacap Systems and the card brands. The EMV-capable version of NETePay provides Sterling’s extensive network of point of sale providers with the ability to deliver US EMV functionality via an evolving list
After launching the Save and Win prize-linked savings campaign in October, this year, First National Bank (FNB) named the first monthly winner. A Dar es Salaam resident, Ms Imelda Lutebinga, has emerged the winner for entries received during October, at a function that was supervised by officials from Tanzania Gaming Board (TGB). “This campaign provides monthly
payworks, the leading POS payment platform on the market, announced the release of a white label software development kit (SDK) for clients of its white label mPOS Pay solution. ConCardis, Germany’s largest Acquirer and provider of the mPOS solution ConCardis OptiPay, will be the first provider to release the new product to integrators. With its
