THE National Bank of Commerce (NBC) announced the appointment of Dr Kassim Hussein, as interim chairman of the bank’s board of directors. Dr Hussein fills the position left vacant by Professor Mussa Assad who was recently appointed Controller and Auditor General (CAG). NBC Interim Managing Director, Mr Pius Tibazarwa, said in a statement that Dr
With only nine months until the EMV migration deadline, retail and technology professionals are still unprepared, according to a recent survey by ACI Worldwide. The survey of 200 retail industry professionals was conducted in January 2015 at the National Retail Federation’s 104th Annual Convention and Expo, “The Big Show,” in New York. Principle findings of
Fiserv, Inc., a leading global provider of financial services technology solutions, announced that Consolidated Edison of New York (Con Edison), the electric, gas and steam utility in New York City and Westchester County, New York, has implemented BillMatrix Payments from Fiserv. The solution enables online bill payment and interactive voice response (IVR) payments via phone
The African Development Bank (AfDB) and MasterCard announced a broad collaboration that aims to expand financial inclusion across the African continent. The collaboration seeks to develop solutions that drive inclusive growth in Africa by broadening access and usage of digital financial services. MasterCard brings proven expertise to design and scale inclusive financial services solutions and
Allpoint Network and STAR Network have renewed their relationship allowing STARsf surcharge-free program member financial institutions and their cardholders unlimited access to the Allpoint network in the United States. Allpoint operates the world’s largest surcharge-free ATM network and is an affiliate of Cardtronics, Inc., the world’s largest retail ATM owner / operator. First Data’s STAR
TSYS, a leading global payments provider, and Ingenico Group, global leader in seamless payments, announced a new agreement to offer merchants a seamless and secure solution for accepting all payment types, including magnetic stripe, EMV, NFC and Apple PayTM. TSYS is the first processor to Class A certify Ingenico Group’s new PCI 3.0-certified smart products
etailinsights, the leading eCommerce data provider, introduces Technology Spy, a powerful new enhancement to its suite of data-driven technology solutions. Technology Spy provides ecommerce sales and marketing teams with valuable inside knowledge of prospects to accelerate sales. Founded in 2011, etailinsights has been empowering eCommerce sales and marketing professionals with valuable data. etailinsights leverages an
The Payments Association of South Africa (PASA) has mandated that all South African ecommerce merchants must ensure the implementation of 3D Secure on their sites. The deadline for compliance was 28 February 2014 and PASA says they are “committed to ensure a robust and consistent implementation.” According to PASA the compliance penalty approach was recently
ACI Worldwide, a leading global provider of electronic payment and banking solutions, announced a strategic partnership with LD Systems, an international provider of ATMs, financial equipment and technology services. This partnership will enable LD Systems’ clients to offer quick, easy and safe bill pay options at kiosks across the United States. LD Systems offers highly
Korea Exchange Bank of Canada (KEBOC) and Everlink Payment Services Inc. have combined innovation and in-depth payment solutions expertise to develop and launch Canada’s first reloadable EMV Mobile Prepaid Interac Debit card program – 1Q INSTA Card. The 1Q INSTA mobile App allows eligible Canadian consumers to apply for a free 1Q INSTA account using
