Towards the middle of August 2015, the National Aten Coin’s groundbreaking new cryptocurrency, the Aten “Black Gold” Coin and its patented pending digital wallets will be available. Collaboration agreements with governmental entities in the European Union has resulted in NAC adding in additional features to the Aten “Black Gold” Coin to fulfill their requirements. All
MasterCard announced further changes to its senior leadership team in the region, effective immediately. Matthew Driver has been appointed to the role of Group Executive, Global Products and Solutions for Asia Pacific. In this role, Matthew will lead the development of innovative products and services that benefit consumers, merchants, business partners and governments across Asia
Secure payment solutions and multi-channel customer service provider Eckoh, has won a new three year contract to supply additional payment security for Hillarys, the UK’s leading supplier of made-to-measure windows dressings. Eckoh will provide Hillarys with their CallGuard payment solution which increases security for customers making card payments over the phone. It does this by
There is a great sense of relief and optimism among bankers and the business community that the cost of transaction could further come down following a partnership seal between RSwitch and a China-based money transfer firm, UnionPay International. The two firms signed a partnership deal that will allow anyone with a UnionPay card to withdraw
The first SWIFT Business Forum East Africa took place in Nairobi and brought together close to 300 prominent members of the financial community and policy makers to discuss the many opportunities and challenges the region faces. “The theme for this year’s Business Forum is ‘Unleashing growth through regional collaboration’; by opening an office in one
PayPal, Inc. and Xoom Corporation, a digital money transfer provider, announced a definitive agreement under which PayPal will acquire Xoom for $25 per share in cash or an approximate $890 million enterprise value. The transaction represents a premium of 32% over Xoom’s three-month volume-weighted average price and was unanimously approved by the Boards of Directors
Finca Microfinance Bank has teamed up with Airtel to provide mobile money transfer services to their customers. Customers of the microfinance bank will no longer have to travel or walk to branches of the bank for banking services for they can now use their cellular phone to get the services after introduction of Finca Mobile
Apple Inc. announced that Britain would be the first country outside the US to offer ApplePay as a payment method. It was revealed that 70% of UK card holders will be able to register their card in an ApplePay-wallet as of July 1st. Concurrently Valitor, a leading acquirer and issuer, became one of six companies
TIB Development Bank that has been licensed by the Bank of Tanzania (BoT) to carry out banking business as TIB Corporate Finance Limited is still running short of capital to finance all development projects. The BoT has issued two licences to TIB Development Bank Limited and TIB Corporate Finance Limited, which is a designated Commercial
Charge Anywhere, an experienced provider of EMV payment application and payment gateway services is announcing the availability of Miura Shuttle POS equipment to merchant services providers and solutions integrators in the U.S. Businesses owners and stakeholders wanting to deploy a comprehensive and versatile EMV solution for payment acceptance at the point of sale will be
