Riyad Bank and MasterCard Jointly Launch the Rebranded Riyad Bank Debit Card

Riyad Bank’s new MasterCard is accepted at ATMs worldwide, providing even more convenience for the Bank’s customers. Riyad Bank and MasterCard have partnered together to launch a new range of MasterCard debit cards for the Bank’s customers, which will replace the current Maestro debit cards. The Riyad Bank debit MasterCard will provide a host of

Mobeewave Closes $6.5 Million Series A Round to Bring Disruptive NFC Mobile Terminalization

Mobeewave, the leader in fast and secure NFC mobile payment acceptance services, announced that it has secured Series A investment in a round led by SBT Venture Capital. This new strategic funding will fuel Mobeewave’s rapid growth and support new market openings worldwide, while fast tracking the roll out of its products roadmaps. Mobeewave is

Small World FS Announces New Partnership with Nations Trust Bank Plc

Small World FS announced the launch of a new service for the Sri Lankan community through a partnership with Nations Trust Bank Plc , enabling Sri Lankans worldwide to send money back home instantly. Nations Trust Bank is one of the fastest growing banks in Sri Lanka today, operating 90 branches and an ATM network

Multi-currency Cash Passport Mobile App Launches in South Africa

Access Prepaid Worldwide, a subsidiary of MasterCard, has launched the MasterCard Multi-currency Cash Passport mobile app providing Multi-currency Cash Passport cardholders with added convenience when managing their accounts from anywhere in the world. Available for Apple and Android operating systems, the free app allows users to easily transfer money between purses, review transactions, and track

Afreximbank Lauded for Support to African Financial Institutions

The African Export-Import Bank (Afreximbank) has received strong commendation for its strategy of providing support to African financial institutions to improve the trade finance services they offer to African businesses. John Mushayavanhu, Group Chief Executive of Zimbabwe-based FBC Holdings Limited, speaking when he led a delegation of the company to the Afreximbank Headquarters in Cairo

CardLinx Publishes New Standards Enabling Interoperability and Broader Use of Card-Linking

The CardLinx Association, the leading global organization promoting card-linking, has published the final versions of its first four standards to enable interoperability between the payments and digital marketing ecosystems. The standards have been developed by CardLinx Association working groups comprised of the leading global payment networks, merchants, banks, digital advertising publishers, payment processors, and card-linked

Tanzania’s NMB Bank Starts to Effect Payment Through Agency Network

NMB Bank has started offering its services through the MaxMalipo agency banking, in a bid to reach more customers. The development comes after a successful piloting of the project in Kigamboni-Dar es Salaam, Dodoma and Arusha regions. This was unveiled at the weekend by the NMB Information Officer, Ms Doris Kilale, at the promotion held

Infinite Peripherals Equips JetBlue Airways to Become the First Airline To Accept Apple Pay Onboard

Infinite Peripherals, Inc. (IPC) works with JetBlue to equip its crewmembers with the Infinea Tab M, a leading mobile POS (mPOS) device compatible with the iPad mini, helping JetBlue Airways become the first major domestic carrier in the U.S. to accept Apple Pay on flights. Travelers with an iPhone6, iPhone 6 Plus and soon Apple

Gemalto Releases Findings of 2014 Breach Level Index

Gemalto, the world leader in digital security, releases the latest findings of the Breach Level Index, revealing that more than 1,500 data breaches led to one billion data records compromised worldwide during 2014. These numbers represent a 49% increase in data breaches and a 78% increase in data records that were either stolen or lost