2015 will see many more new e-commerce start-ups along with continued growth and innovation by established niche players, predicts PayGate CEO Peter Harvey. “Five years ago we’d load ten start-ups onto our payment gateway for every established business; now the ratio is more like 100 to one,” says Harvey. “The sluggish job market in traditional
The National Microfinance Bank (NMB) Managing Director, Mr Mark Wiessing, completes his tenure as CEO of the firm on February 28, this year, it was announced in Dar es Salaam. NMB Board of Directors Chairman, Professor Joseph Semboja, said Mr Wiessing would be replaced by Ms Ineke Bussemaker. He said Mr Wiessing has been appointed
3Delta Systems Inc. (3DSI), a leader in online credit card processing, announced the successful implementation of an ERP-integrated credit card processing and security solution for Bell and Howell, experts in customer communication through print, mail and parcel services. The implementation uses 3DSI’s CardVault tokenization service, completely integrated with enterprise-resource software from market leader SAP. “This
Visa Inc., the global leader in payments, is introducing a new mobile service designed to reduce unnecessary purchase declines often triggered when consumers travel outside of their home area. Visa Mobile Location Confirmation uses mobile geo-location information to more reliably predict whether it is the account holder or an unauthorized user making a payment with
Sallie Mae Bank – the retail banking arm of Sallie Mae – announced it has been named a best online bank of 2015 by GOBankingRates, a leading personal finance site. “Sallie Mae consistently delivers customers high interest rates on deposit products, a necessity for savers in this low interest rate environment,” said Casey Bond, managing
Wallet One South Africa has launched W1 Checkout, a payment aggregator for e-commerce merchants and service providers, enabling them to offer customers an increasing number of online and cash payment methods with immediate, safe and secure processing. Electronic payments are processed through Wallet One’s PCI DSS certified payment gateway and 3D secure acquiring partners. Cash payments for online purchases are
ACI Worldwide, a leading global provider of electronic payment and banking solutions, announced the expansion of its relationship with PKO BP, the largest bank in Poland. ACI will support the bank’s ambitious growth plans in one of Europe’s most innovative and fastest-growing markets. The new agreement will see PKO utilize ACI’s UP Consumer Payments offerings
MasterCard unveiled plans to invest more than $20 million in cybersecurity-related technology enhancements to deliver greater peace of mind for MasterCard cardholders, merchants and issuing banks. “These new activities will help us continue to deliver the tools and solutions that instill a peace of mind by protecting each transaction that crosses our network,” said Chris
MAP Prepaid, a provider of Visa Prepaid card programs for credit unions, has announced the launch of its “MAP App” for smartphones. With the MAP App, cardholders can manage their Visa Prepaid card account directly from an iOS or Android mobile device. The MAP App™ is the first network-branded prepaid card exclusively serving credit unions
Xoom Corporation, a leading digital money transfer provider, announced the launch of its money transfer service to Pakistan. Xoom has partnered with Habib Bank Limited (HBL), one of the largest banks in Pakistan, to offer instant deposits to HBL accounts in Pakistan. Deposits are instant 24 hours a day, seven days a week, 365 days
