Bank M Registers Robust Q1 Profit

Bank M, the corporate and investment bank, has continued to shine after posting robust first quarter pre-tax profit increase of 48.4 per cent. The Bank M Deputy Chief Executive officer, Ms Jacqueline Woiso, said at the news conference that the bank generated a pretax profit of 6.13bn/- in the 2015 first quarter compared to 4.13bn/-

Steward Bank Launches MasterCard World Rewards Credit and Debit Cards in Zimbabwe

Steward Bank has launched the first MasterCard World Rewards Credit and Debit cards, giving cosmopolitan customers access to unique privileges and rewards not seen before in Zimbabwe. This affirms Steward Bank’s position as a leading innovator in the country’s growing financial services sector. The premium card programme was launched at an exclusive golf day at

Payment Goblin Partners with ONPEX to Enhance Payment Functionality and Power its International Gateway

ONPEX, The Online Payment Exchange, together with Payment Goblin, a new provider of international and multi-currency payment processing solutions, have announced a strategic partnership. The deal will see Payment Goblin leverage ONPEX’s innovative cloud payment solution. ONPEX will power Payment Goblin’s international payment gateway and add enhanced mobile functionality, creating a mobile payment solution for both iOS and

ProPay Adds MasterCard MasterPass Checkout Service

ProPay, a TSYS company, announce that it is further enhancing online customer checkout options with the addition of MasterPass, the MasterCard digital payment solution that simplifies the entire shopping experience for consumers. MasterPass enables consumers to pay with any enrolled payment card, anywhere, using any device. Enrolling in MasterCard MasterPass is intuitive and simple. Consumers

CRDB Bank Reports 96bn/- Net Profit

CRDB Bank has reported impressive financial results after posting 13.4 per cent net profit growth that reached 95.64bn/- for the quarter ended December 31, 2014, up from 84.37bn/- for the similar period a year earlier. The period under review, according to the audited financial statements published on Tuesday, saw other key bank’s variables like assets,

Africa is the Continent That Will See the Largest Increase in Electronic Payments Between Now and 2016

Visa, an international electronic payment company, sponsored the Prepaid Summit Middle East event for the sixth consecutive year in 2015. The event was held in Dubai. Uniting over 150 leading participants, this conference is a regional standard for the electronic payments industry. On this occasion, various awards were presented during a ceremony to regional financial

Cardtronics to Present at Jefferies 2015 Global TMT Conference

Cardtronics, Inc., the world’s largest retail ATM owner/operator, announced that Chris Brewster, chief financial officer, and Phillip Chin, executive vice president, Corporate Development and Investor Relations, will present on behalf of the company at the Jefferies 2015 Global Technology, Media and Telecom Conference in Miami at 4 p.m. EDT on Tuesday, May 12, 2015. Investors

Army and Air Force Exchange Service Improves Checkout Performance with NCR Technology and Services

NCR Corporation, the global leader in consumer transaction technologies, announced that the Army and Air Force Exchange Service (AAFES) will replace 6,000 point-of-sale terminals with NCR RealPOS 72XRT systems. The new technology will replace non-NCR terminals in both its retail and food services locations, and will be maintained globally by NCR Services. The Exchange provides

CareFirst Members Can Now Pay Healthcare Premiums in Person Through CheckFreePay from Fiserv

Fiserv, Inc., a leading global provider of financial services technology solutions, announced that CareFirst BlueCross BlueShield (CareFirst) is now enabling members to pay their healthcare premiums in person via its CheckFreePay solution. CareFirst offers a comprehensive portfolio of health insurance products and administrative services to 3.4 million individuals and groups in Maryland, the District of

New TNS Card Scheme Gateway Set to Accelerate UnionPay Acceptance Worldwide

Transaction Network Services (TNS) has launched a new global card scheme gateway which will enable merchants and banks to quickly and easily connect with UnionPay for authorization and processing of in-store payment transactions. Banks, processors and merchants wishing to accept UnionPay cards will be able to use the TNS Scheme Gateway to access UnionPay’s processing