Join the 14th EPCA Payment Summit 2015: “Accelerating Alternative Payments”

The EPCA Payment Summit (EPS) is an excellent way to learn and stay in touch with new concepts, strategies, alternative techniques, global best practices and fundamentals in payments and transactions. The 2 day program consists of dedicated plenary and specialized track program (of choice). Top professionals and thought leaders from all over the world will

New Report Looks at the Future of Mobile Wallets

Forrester Research, Inc. on the promising future of the mobile wallet features Vibes, a mobile marketing leader. The February 2015 report, “The Future of Mobile Wallets Lies Beyond Payments,” points to mobile wallets becoming rich marketing platforms that complement merchants’ own integrated apps. In addition, the report states that mobile wallets will become powerful marketing

Kenya Gets First Digital Bank Branch

CfC Stanbic Bank has opened the first ever digital experience bank branch in the country. The branch, in Mombabsa’s Nyali Centre Mall, is set to radically alter the way customers take care of their financial needs and conduct their daily banking business. CfC Stanbic Bank’s focus is on enhancing the way Kenyans engage with their

ZenBanx’s Red Envelope Program Makes “Gifting” Money Mobile

ZenBanx, a new digital bank founded by Arkadi Kuhlmann, who introduced savings focused internet banking with ING Direct in the late 1990’s, announced the launch of the ZenPay Red Envelope Program in California. ZenPay’s Red Envelope Program will honor the ancient Chinese tradition of giving family and friends Red Envelopes containing monetary “Good Fortune” to

Xoom Announces Instant Deposit and Cash Pickup Services with Banco Agrícola

Xoom Corporation, a leading digital money transfer provider, and Banco Agrícola, the largest bank in El Salvador, have collaborated to offer instant bank deposits to all Banco Agrícola accounts, as well as a cash pickup service. These new services allow Xoom customers to instantly send money directly into any Banco Agrícola account or have recipients

CBN Grants Payment Terminal Service Provider Licence to Computer Warehouse Group

Computer Warehouse Group Plc (CWG), the leading Pan-African ICT Company has been issued the license to perform the activities of Payment Terminal Service Provider (PTSP) to Point-of-Sale terminals (PoS) in Nigeria by the Central Bank of Nigeria (CBN). This followed a visit by a delegation of the Apex bank to CWG late last year to

eProcessing Network Integrates Three Epson Mobile POS Printers for the Mobile Market

eProcessing Network, LLC (ePN), the leading independent payment gateway and software development company in the Electronic Payment Processing Industry, announced integration of Epson’s TM-T20II Ethernet, Bluetooth and WIFI printers with its ePNMobile for Tablet iOS and Android Applications. ePN understands that mobile merchants need the option to offer printed receipts to their customers, and the

FNB Cardless Cash Withdrawals Stand at R2 Billion

FNB’s cardless cash withdrawal has achieved its four year milestone with over R2 billion withdrawn since its launch in February 2011. The feature, added to the existing cellphone banking platform which launched in 2005, answers the need of customers who want to withdraw cash from an ATM but do not have a card present at

Cignifi and the IFC to Grow Usage of Mobile Money in Uganda

Cignifi, whose proven big data engine uses mobile phone data to deliver consumer credit and marketing scores, announced an agreement with the International Finance Corporation (“IFC”), a member of the World Bank Group, aimed at expanding the delivery and usage of mobile financial services in Uganda. Specifically, Cignifi will be working with the IFC to