Want to top with up with mobile data in a matter of seconds, grab that purchase and go, or pay your bills from the comfort of your couch? You’re not alone. Today people are living an increasingly digital – and mobile – life and they expect their ability to pay for their needs and wants
Mobile Bill Presentment puts bills conveniently on consumers’ smartphones Fiserv, Inc., a leading global provider of financial services technology solutions, is helping companies to stay ahead of changing consumer payment preferences by enabling their customers to receive and pay their bills via seamless mobile-first interactions. Mobile Bill Presentment from Fiserv allows clients to digitally present
SWIFT’s 26th African Regional Conference (ARC) was the largest yet, gathering more than 600 participants from 55 countries in Accra, Ghana, to talk about the future of Africa’s financial services sector. His Excellency Nana Akufo-Addo, the President of the Ghana, opened ARC 2019 and explained the steps being taken by Ghana to enable the digital
New research highlights need for banks to embrace Open Banking-enabled consortia business models 70% of corporate treasurers believe that a shift from bank to non-bank services will take place within their organizations over the next two to five years 74% of corporate treasurers believe access to real-time payments reporting is the key treasury opportunity for
The launch of Standard Bank’s unique SimplyBlu digital solution powered by Mastercard could see thousands of South African small businesses crossing the ‘digital divide’ and entering the world of electronic trading, until now an option that has been closed to local companies because of the costs involved with setting up an online presence. One of
PayU, the payments and fintech business of Naspers, has announced the acquisition of a majority stake in Red Dot Payment, a Southeast Asia focused online payment solutions provider. With this transaction, PayU expands into the Southeast Asia region and brings the total amount deployed in fintech investments and M&A to north of $700 million over
Ithmaar Bank, a Bahrain-based Islamic retail bank announced that it is fully compliant to meet the Kingdom’s open banking standards. To achieve participation of all stakeholders in this path breaking initiative, it is important for the businesses to participate with banks. With the need to on-board the businesses and provide opportunities and possible collaboration, Ithmaar
Expanded chargeback capabilities will deliver greater transparency and insight to help buyers and sellers resolve disputes quickly Visa has announced it has signed a definitive agreement to acquire Verifi, a leader in technology solutions that reduce chargebacks. The combination of Verifi’s best-in-class dispute resolution tools with Visa’s suite of risk and fraud management solutions will
Tanzania has tightened its currency controls with new regulations on foreign exchange bureaus, in what authorities say is an ongoing fight against money laundering and currency speculation. The new rules, published Monday by the central bank, come months after the government revoked the licences of around 100 bureaus and temporarily shut a newspaper for using
Only 12% of banks globally are fully committed to digital transformation; Report recommends that banks pursue digital leadership to drive superior financial performance The US$1 trillion that traditional retail and commercial banks have invested globally over the past three years to transform their IT operations has not yet delivered the anticipated revenue growth, according to
