NBC Tanzania plans a number of new products to maintain profitability and secure its strong presence in the market, its new Chief Executive Officer has said. Mr Edward Marks, NBC’s new Managing Director, told reporters in Dar es Salaam on Thursday that he would focus on system improvement and profitability to steer the bank to
Following the European Commission’s proposals on the Digital Single Market, a new report from MasterCard demonstrates how research and innovation in technology can make the Digital Age work for consumers, businesses and cities around the world, while displacing cash and driving economic and inclusive growth. In the midst of the most extraordinary change since the
Calpian, Inc. announced that for the month ending April 30, 2015, its Mumbai-based subsidiary, Money-On-Mobile, increased transaction processing volume to Rs 2.012 billion Indian Rupees, or about $31.9 million US Dollars, an increase of 14.1% from March’s Rs 1.762 billion Indian Rupees. Money-on-Mobile has been accessed by more than 135 million cumulative unique users since
NCR Corporation, the global leader in consumer transaction technologies, announced that it has launched the latest version of Authentic, its transaction processing solution from Alaric, an NCR business. Authentic is a high-performance EFT authorization and routing system, which can handle transactions from all channels across the enterprise from ATM and POS to ecommerce and mobile.
NuMARK Credit Union is working with Digital Insight, an NCR company, to answer the digital banking needs of its more than 28,600 members. The credit union will offer the following new solutions powered by Digital Insight: Digital banking platform – Powered by a services-oriented architecture, it provides NuMARK Credit Union the flexibility and control to
First Internet Bank, a premier provider of online banking services nationwide, announced it is providing Touch ID functionality for customers using its personal mobile banking application. Using built-in fingerprint-sensor technology, Touch ID is a simple, secure way for customers to log into their mobile banking application in place of traditional login credentials. Consumers who log
Fiserv, Inc., a leading global provider of financial services technology solutions, announced that it continues to gain momentum in the core processing space. Fiserv is the U.S. market leader in account processing services, and more than one-third of U.S. financial institutions rely on Fiserv for core processing solutions and expertise. Fiserv has the industry’s widest
As a follow up to its 2014 survey of market experts within financial organizations, an updated 2015 survey by ACI Worldwide highlights that nearly 25 percent of respondents believe the U.S. should move directly to real-time faster payments. The survey of 106 financial industry professionals was conducted in April 2015 at the NACHA PAYMENTS conference.
Official figures for Q4 2014 released by the global technical body EMVCo show that significant advances are being made globally in the adoption of EMV chip technology. By the end of last year, the number of EMV payment cards in circulation rose by 1 billion, up 43%, to 3.4 billion, from 2.37 billion in Q4
The French retail chain Système U and Wincor Nixdorf are realizing an omni-channel services concept together that will include new customer loyalty and marketing programs. At the same time, the Système U stores will install modern POS terminals from Wincor Nixdorf that support the omni-channel approach and improve the customer experience. Under the large-scale agreement
