Mobile payments specialist, Bell ID, announces that its host card emulation (HCE) mobile solution has been certified by three of the largest global payments schemes. Bell ID is the first vendor to receive approval from three schemes for its HCE platform, offering its customers the broadest range of options available on the market today. The
First National Bank (FNB) Tanzania has asked Tanzanians to cultivate the culture of saving that provides significant source of capital and a tool to alleviate poverty. “Saving is an important tool that can provide variety of benefits to both an individual and the nation as source of capital and investment,” said the FNB Head of
The African chapter of the ATM Industry Association has published a commissioned study on retail payment trends in South Africa for its online member Market Intelligence Library. “With 12 million new consumers added to the economy in the last ten years, along with an expanded banked community, the payments pie is getting bigger and bigger,”
TCF National Bank (TCF Bank), a subsidiary of TCF Financial Corporation (TCF), is partnering with Cardtronics, Inc., the world’s largest retail ATM owner / operator, to expand their ATM footprint through a branding relationship that will provide broader market reach as well as surcharge-free ATM access to TCF customers at approximately 200 Target stores in
Fundamo founder, Hannes Van Rensburg, generally considered the father of mobile payments, has joined the advisory board of Nomanini, a South African-based, enterprise technology transactions platform provider, saying the company is well placed to be a market leader within a niche space. The company’s platform facilitates cash transactions in informal markets, allowing enterprises to bolster
Load shedding has a major impact on economic confidence and often debilitates businesses’ ability to operate. South African retail has been one of the hardest-hit industries, with losses in sales and additional costs running into the many billions of Rand. As a result, local retailers have been forced to make major investments to ensure daily
The CardLinx Association announced the availability of a new online system enabling merchants and their card-linked technology partners to share their card-linked offers with digital advertising publishers. Card-linking enables consumers to link their existing credit or debit cards to digital coupons, loyalty programs or mobile wallets. Consumers then simply pay with their registered card or
Oberthur Technologies (OT), a world leader in digital security solutions for the mobility space, announced its selection by Allstar, UK’s leading fuel card provider, to support the migration of their fuel cards from magnetic stripe to EMV chip cards. Allstar’s 1.1 million cardholders will benefit from payment security and ease-of-use over more than 7,600 filling
TSYS announced its relationship with Samsung Pay, which will offer TSYS clients — both issuing banks and acquirers — and their merchants a simple and safe way to offer and accept mobile payments using nearly any terminal where you can swipe or tap your card. Combining Samsung’s pioneering Magnetic Secure Transmission (MST) technology with Near
The Payments Security Task Force (PST) shared the latest in a series of updates from payment card issuers, acquirers, and merchants on the U.S. move to chip technology. The PST’s eight financial institutions reported that 30 percent of their U.S. consumer credit and debit cards contain EMV chips as of June 30. These issuers represent
