MasterCard Launches First MSME Focused Acceptance Development Program in Nigeria

MasterCard launched Nigeria’s first Micro, Small and Medium Enterprise (MSME) focused Acceptance Development Program that will extend the security and convenience of electronic payments to merchants and their customers who previously depended on cash to transact. To kick off the program, MasterCard is partnering with First Bank of Nigeria and Guaranty Trust Bank Plc (GTBank)

Transfast Launches Instant Bank Deposit Service to Bangladesh

Transfast, LLC and BRAC Bank Ltd. of Bangladesh announced that they have partnered to enable Transfast customers to make instant bank transfers into accounts at BRAC Bank – the first-ever instant bank deposit service to Bangladesh by a global money transfer company. “BRAC Bank is one of the leading banks in Bangladesh and a pioneer

FirstBank Now Offering Apple Pay Payment Services for Customers

FirstBank Holding Company, the Lakewood-based holding company for the second largest bank by deposits in Colorado and the largest locally owned bank, announced that it will begin offering Apple Pay mobile payment services for customers. Apple Pay is currently accepted at more than 700,000 businesses and retailers nationwide. Through fingerprint sensor technology available on iPhone

Exim Bank Launches Second Branch in Djibouti

Exim Bank Tanzania has opened its second branch in Djibouti to extending its services to customers in the Horn of Africa as it continues to widen its reach to customers abroad. The Governor of The Central Bank of Djibouti, Mr Ahmed Osman, speaking at the inauguration ceremony on Monday, congratulated Exim Bank’s efforts to bring its

ACI Worldwide Powers Online Banking For Polish and Slavic Federal Credit Union

ACI Worldwide, a leading global provider of electronic payment and banking solutions, announced that Polish & Slavic Federal Credit Union (PSFCU) has selected ACI’s integrated online banking platform for credit unions—WebFederal—to power its online, tablet and mobile banking and bill payment services. The Polish & Slavic Federal Credit Union was established in Brooklyn, New York

FreedomPay To Participate On Payment Data Security Panel At The Barclays Emerging Payment Forum

FreedomPay, North America’s first payment gateway with PCI Validated P2PE, EMV and NFC support, announced that Chris Kronenthal, the company’s Chief Technology Officer and one of the industry’s top experts in payment data security, will participate as a panelist at the Barclays Emerging Payments Forum at the Westin New York at Times Square. “New payment

Fiserv Completes First Tokenized Transactions via Accel Debit Payments Network

Fiserv, Inc., a leading global provider of financial services technology solutions, announced that it has completed its first tokenized transactions via its Accel debit payments network. “Fiserv offers one of the first debit payment networks to enable tokenization, which is required for transactions such as those conducted using Apple Pay,” said Kevin Gregoire, president, Financial

ALEC Adds Digital Solutions From Fiserv

Fiserv, Inc., a leading global provider of financial services technology solutions, announced that Abbott Laboratories Employees Credit Union (ALEC) has expanded its relationship with the company by adding multiple digital solutions to drive efficiency and service for its members. In addition, the $700 million asset credit union has renewed its agreement to use the Portico

Semafone Partners with AsiaPay to Offer Secure Payment Solution for Contact Centres

AsiaPay, the premier electronic payment service and solution provider in Asia-Pacific, is pleased to announce that Semafone, the international provider of secure payment technology for call centres, has signed a two way partnership with AsiaPay. As Semafone continues to expand its presence in Asia, the solution will provide existing and new AsiaPay customers with a

eBay Adds Two Independent Directors in Preparation For eBay and PayPal Separation

eBay Inc. announced the appointment of two new independent directors in anticipation of completing its previously announced separation of eBay and PayPal. Tony Bates, President of GoPro, and Gail McGovern, President and CEO of the American Red Cross, have been appointed to eBay Inc.’s board of directors. “The appointments of Tony and Gail to the