National Bank has announced a strategic partnership with the Defence Forces Canteen Organization (DEFCO), to provide Agent banking facilities within the barracks as the bank seeks to enhance its distribution networks across the country. The bank will partner with 27 DEFCO shops across the barracks on Agent banking where customers will be able to withdraw, make deposits, check balances,
National Bank of Kenya (NBK-NSE) has officially opened its ATM network for nationwide sharing aiming to attract millions of cardholders from other banks, in a new partnership with Kenya’s largest interbank ATM aggregator- PesaPoint. Following launch of this service, ATMs belonging to National Bank effectively become part of PesaPoint meaning cardholders from all other PesaPoint
Ebates.com, a pioneer and leader in online cash back shopping, announced that it is further expanding its mobile offerings with the release of its new Apple Watch app. The free app offers users a quick way to access their account, check special deals and connect to the Ebates app on their mobile phones to shop
Verifone announced that it was presented with the 2015 George Mitchell Payments System Excellence Award—an award given annually by NACHA—The Electronic Payments Association. The award is named after former vice-chair of the Board of Governors of the Federal Reserve, George Mitchell, an early proponent of electronic payments. It honors an individual or organization that has
Heartland Payment Systems, one of the nation’s largest payment processors, announced it has teamed with PAX Technology, Inc., one of the fastest-growing terminal providers in the world, to provide Europay, MasterCard, and Visa (EMV)-compliant payment terminals through its Heartland Secure card data security solution and comprehensive breach warranty. EMV chip-based “smart cards” and terminals are
Gemalto, the world leader in digital security, reinforces its Ezio range of online banking protection with the newly integrated transaction monitoring software – the Ezio Dynamic Fraud Manager. Gemalto is working with NCR, the global leader in consumer transactions technologies, to offer the Fractals intelligent fraud detection solution as part of the Ezio solution. It
Global commerce platform and payments leader eBay reported that revenue for the first quarter ended March 31, 2015 increased to $4.45 billion. GAAP earnings were $626 million or $0.51 per diluted share, and Non-GAAP earnings were $943 million or $0.77 per diluted share, driven by transaction growth and expense control. eBay Inc.’s commerce and payments
CPI Card Group, a global leader in financial, EMV and commercial card production, and related services, announced that Barry Mosteller, director of research and development for the company, was recognized with the Outstanding Member Service Award at the ICMA 25th Anniversary Expo in Phoenix, Ariz. The Outstanding Member Service Award is bestowed on a member
As it continues to expand its vertical market reach in the retail and finance sectors, Ingram Micro Asia Ltd. has signed a deal with Powa Technologies to distribute the PowaPOS tablet-based POS hardware in Southeast Asia. With this move, the global technology leader showcases its commitment to its growing Point-of-Sale business by expanding its relationship
Customers of M-Pesa and MTN Mobile Money in East Africa will be able to transfer money to each other following an agreement between Vodafone Group and MTN Group to interconnect their mobile money services. This interconnect collaboration between the region’s two biggest mobile money operators will enable convenient and affordable international remittances between M-Pesa customers
