Volante Technologies Supports Fintech Startup IWIAfrica’s Integration into the Financial Market

Volante Technologies Inc., a global leader in the provision of software for the integration, processing and orchestration of financial messages, data and payments, announced the use of Volante Designer within IWIAfrica to enable communication with banks and financial institutions’ systems via SWIFT and FIX messages. IWIAfrica is an award winning, emerging market platform provider for

MyBank to Launch Pilot for Identity Verification Service

MyBank has issued a call for participation in the pilot phase for its Identity Verification Service to Payment Service Providers (PSPs) and service providers. The pilot will start in mid-November 2015 and run until February 2016. Interested parties can register until 16th October 2015 via the MyBank website. The aim of the pilot is to

TIB Corporate Finance Ltd Changes Name

The TIB Corporate Finance Limited has changed name to TIB Corporate Bank Limited to align itself with its broadened scope in provision of commercial banking services. The Managing Director, Frank Nyabundege said in a statement that the bank was set to brand, market and roll out its business development strategies after it was issued with

The National Bank of Commerce Launches Rewards Program

The National Bank of Commerce (NBC) has launched a Rewards Program for its private banking customers who will enjoy attractive discounts and offers available in over 25 retail retail franchises located across the country. The introduction of the NBC Rewards Program is a testimony of NBC rewarding high net worth customers for their continued support

MasterCard and Media-Saturn Join Efforts to Promote Electronic Payments Across Europe

MasterCard and Media-Saturn, the holding company of Media Markt and Saturn, are joining efforts in a move that will allow shoppers at Europe’s best known consumer electronics retail brands to use their preferred MasterCard payment solutions at its shops across Europe. These efforts will provide consumers with greater choice over the way they want to

MasterCard Launches Digital Enablement Express Program to Speed the Global Rollout of Digital Payment Services for Consumers

To deliver secure digital payment options to millions of consumers rapidly, MasterCard launched Digital Enablement Express (Express). Express expedites the process of digitizing and tokenizing MasterCard accounts through the MasterCard Digital Enablement Service (MDES). Financial institutions of all sizes gain immediate access to the latest digital payments services, while MasterCard partners – digital wallet providers,

Google Will be Joining MasterCard to Speed Go-To-Market for Android Pay

MasterCard announced that Google will be among the first digital partners to participate in its Digital Enablement Express program , which the company launched earlier with support from several leading banks. Through its participation in Express, Google will have a streamlined onboarding process to engage with all participating MasterCard issuers around the globe, accelerating consumer

WorldRemit Launches Mobile Money Transfers to Armenia

Online money transfer service WorldRemit expands its service to Armenia by offering remittances to MobiDram, the mobile wallet offered by VivaCell. Founded by Dr Ismail Ahmed, ‘the man changing the world of remittances’ according to the BBC, WorldRemit is a quick, convenient, and low-cost way for people to send money to friends and family abroad.

NetFlorist Makes Online Payments Easy with MasterPass

NetFlorist, South Africa’s largest online floral and gifting service, has partnered with MasterCard to offer customers a more seamless, secure online shopping checkout process with MasterPass, a digital wallet service. With an average of between 1,500 and 2,000 daily transactions, most of NetFlorist’s sales are made through its website. Having integrated MasterPass as an online

FBN Holdings Plc Appoints M.K. Ahmad to its Board

FBN Holdings Plc., the leading and most diversified financial services group in Nigeria has announced the appointment of Mr. Muhammad K. Ahmad to its Board as a Non-Executive Director. This appointment, apart from deepening the already rich cumulative experience of the board, is also in strict compliance with the Central Bank of Nigeria’s (CBN) Guidelines