First Tech Federal Credit Union and MasterCard Announce First U.S. Biometric Payments Pilot

Posted on by Staff Writer | 11212 Views | 10 min read

First Tech Federal Credit Union announced a pilot program with MasterCard that will enable First Tech employees to authenticate and verify transactions using facial recognition and fingerprint biometrics. Dubbed “Selfie Pay,” by industry observers, this initial test will be conducted in a closed environment where First Tech employees will use artificial funds and biometrics. The

Capital Prepaid Offers Mobile Check Cashing to BlazePaysSM Visa Prepaid Cardholders

Posted on by Staff Writer | 7910 Views | 8 min read

Capital Prepaid Services has made loading checks more convenient with the availability of mobile check cashing for the program it manages, the BlazePays Visa Prepaid Card. The new feature allows cardholders to cash checks to their BlazePays Prepaid Card easily from virtually anywhere. Using a smartphone, BlazePays cardholders can take a picture of a check

eCommerce Awards Top 50 Websites

Posted on by Staff Writer | 8683 Views | 9 min read

The 2015 South African eCommerce Awards continued to see solid growth this year, with more than 200 websites entering the awards. The awards, now in their 10th year, are designed to recognise and reward those South African websites that have demonstrated excellence in their use of the Internet as a platform for commerce. Through a

Bank M Marks Eight Years of ‘big’ Success

Posted on by Staff Writer | 8343 Views | 6 min read

Bank M Tanzania marks the eighth anniversary, registering tremendous success from its operations during the period, the firm announced. The bank’s assets currently stands at 809.09bn/-, which is equivalent to 2,509 per cent growth over the asset level at the end of the first year of the bank. Bank M’s Chief Executive Officer, Ms Jacqueline

Bitx Selects ZAZOO to Offer Interoperable Spend via Mobile Virtual Card Technology

Posted on by Staff Writer | 3945 Views | 15 min read

ZAZOO, a business unit of Net 1 UEPS Technologies, Inc. , has signed an exclusive deal with BitX, a leading universal Bitcoin platform that will make it possible for Bitcoin users to spend their crypto-currency online or in-app exclusively using VCpay, ZAZOO’s patented mobile virtual card (“MVC”) technology. “We are very excited to be working

Samsung Joins the Visa Digital Enablement Program

Posted on by Staff Writer | 7748 Views | 12 min read

Visa Inc.  announced that Samsung has joined the Visa Digital Enablement Program (VDEP), which offers a commercial framework that makes it easier for issuers and technology companies to access the Visa Token Service. Samsung will use the Visa Token Service (VTS) to offer secure mobile payments. By joining this program, Samsung will be able to

CRDB Bank Right Issue Gets Impressive Success

Posted on by Staff Writer | 8530 Views | 10 min read

CRDB right issue has been subscribed successfully by full amount thanks to three underwriters who bought the remaining amount. The bank in June 26, staged the right issue in a bid to raise slightly over 150bn/- to finance the firm’s expansion drive and meeting the regulator’s minimum core capital requirement. The bank’s shareholders bought 70.5

New Tenpay Partnership Opens Checkout.com’s Payment Solution in China

Posted on by Staff Writer | 5859 Views | 7 min read

Checkout.com has developed a new partnership with Chinese online payment company Tenpay. This new partner’s payment method is now available for Checkout.com merchants via one single integration. New China Partnership Expands Offering to the World’s Biggest Online Market Checkout.com’s new partnership with Tenpay in China will expand its offering of payment solutions within its single

Samsung Announces Launch Dates for Groundbreaking Mobile Payment Service: Samsung Pay

Posted on by Staff Writer | 9585 Views | 9 min read

Samsung Electronics Co., Ltd., unveiled that Samsung Pay, a secure and easy-to-use mobile payment service that can be used to make purchases nearly everywhere cards are accepted, will launch in Korea on August 20 and in the U.S. on September 28. Samsung plans to roll out the service in the U.K., Spain and China, with

ABnote and MeaWallet Partner to Deliver Open Loop Mobile Wallet Solutions

Posted on by Staff Writer | 8443 Views | 8 min read

American Banknote Corporation (“ABnote”), a pioneer in secure payment and identification solutions, and MeaWallet, a leading provider of cloud-based payment services, have formed a strategic partnership to deliver open loop mobile wallet solutions to ABnote customers worldwide. MeaWallet’s cloud-based mobile payment platform is now fully integrated into ABnote’s Europay MasterCard Visa (EMV) payments platform and