The Fuel Rewards program has launched a new mobile application that extends the reach of its national coalition loyalty program for its five million members. By embedding loyalty throughout the mobile experience, Fuel Rewards members can link their loyalty, credit, debit and prepaid cards to their smartphones to make it easy to earn rewards on
GlobeOne, a new fintech company, announced a Letter of Intent to enter into an agreement with MetaBank to bring GlobeOne’s global mobile banking solution to the United States later this year. As a recognized leader in the banking industry, MetaBank has been named among the top community banks and in the top-performing mid-sized banks in
ACI Worldwide, the leading global provider of electronic payment and banking solutions, announces the appointment of Manish Patel as General Manager, Middle East and Africa. Manish will focus on deepening ACI’s key customer relationships in the region and ensuring that product development meets the evolving needs of the local market. Manish joins ACI following the
Following MasterCard’s release of its terminal integration process (M-TIP) specification, version 2.0, FIME has updated its services and test tools offer to align with MasterCard’s latest test methodology. MasterCard requires acquiring banks to perform successful M-TIP testing before a new payment terminal can be deployed. Acquirers can verify if contact and contactless payment implementations comply with the latest
Guaranty Trust Bank plc has released its unaudited financial results for the first quarter ended March 31, 2015 to the Nigerian and London Stock Exchanges. A review of the Q1 2015 results shows that the Bank continued on a strong growth trajectory, re-affirming its position as one of the most profitable and well managed financial
EastPay, a Regional Payments Association, has announced the formation of EastPay Advisory Services, a wholly-owned subsidiary that will provide payments risk management, compliance, and consulting services to financial institutions and businesses. EastPay Advisory Services (EAS) was formed to deliver the services that payments industry stakeholders need to be compliant and competitive. Services offered by EAS
The Latin America chapter of the ATM Industry Association (ATMIA) will host the region’s only conference and expo dedicated to “The Future of ATMs in Latin America”, June 10 – 11 in Miami, FL, USA. Financial institution and independent ATM operators, and other industry stakeholders, will have a unique opportunity to network with their peers,
PayPal announced two new leaders will be joining the company as it prepares to separate from eBay Inc. and become an independent, publicly-traded company later this year. Both will report to PayPal president and CEO designee Dan Schulman and serve on the company’s leadership team. Louise Pentland will become PayPal’s new General Counsel, joining the
CRDB Bank picked the second winner of Toyota Passo in the ongoing campaign to sensitise customers to use alternative banking channels which are cost efficient and minimise risks of carrying bulk cash. Speaking at the giveaway event of the prize in Dar es Salaam, CRDB Bank Managing Director, Dr Charles Kimei, said the use of
A bank customer, Future Trading Company Limited, has sued Ecobank Tanzania Limited, demanding over 166m/- in refund and damages for alleged wrongful withdrawal of money from its account, which was subsequently diverted to a South African third party. Through EA Attorneys, the company accuses the bank of making the money transaction through electronic banking without
