Datacard Group Announces Second-Generation Vision Verification Module for Central Card Issuance Programs

Posted on by wademinnie | 7747 Views | 6 min read

Datacard Group has announced a second-generation Datacard MX Series Vision Verification Module that is designed to automatically ensure proper card stock is loaded prior to card issuance as well as verify printed elements after personalization is complete. This technology complements the numerous checks and balances already in place as the card passes through the personalization

Westpac Predicts Surge in Contactless Payments

Posted on by wademinnie | 7922 Views | 15 min read

Evolving customer preferences and new digital technologies are driving material changes in payments according to Westpac’s Chief Product Officer, David Lindberg. Contactless debit cards have already been embraced by Australians with 60 per cent of all scheme debit card transactions in Australia now made using contactless technology1. This trend will be further boosted by the

Retailers Committed to Protecting Consumer Data

Posted on by wademinnie | 7554 Views | 13 min read

The National Retail Federation told a congressional panel that the retail industry is committed to safeguarding and protecting consumer data and information from highly-motivated and sophisticated cybercriminals and hackers. “Retailers make significant investments every year in order to protect [consumer] data,” NRF Vice President for Retail Technologies Tom Litchford testified. “Collectively, retailers spend billions of

Econet Says it Won’t Back Down on its Demands to Banks

Posted on by wademinnie | 9067 Views | 8 min read

Econet Wireless has pronounced a firm refusal to back down on it’s demand on banks to pay a tariff of 30 cents to gain access to its transaction messaging system. This is according to a report in The Herald that quotes Econet Chief Executive Douglas Mboweni reaffirming this stance. According to the article, Mboweni insists

Total Tanzania Goes M-Pesa

Posted on by wademinnie | 7119 Views | 7 min read

Total Tanzania customers are now set to pay for fuel through M-Pesa, following the company’s partnership with Vodacom Tanzania. Motorists will now make use of the companies’ widespread networks reliably, and will use mobile phone technological developments (M-Pesa) from acrossthe country. Speaking during the launch of the partnership, Vodacom Tanzania External Relations Manager, Salum Mwalim,

PayLater Pioneers Credit-Based Online Shopping in Nigeria

Posted on by wademinnie | 7260 Views | 7 min read

A new platform has been launched in Nigeria to allow online shoppers to purchase products on a buy-now-pay-later basis. PayLater.ng allows users to shop across its growing network of partner stores, which include Afriqbuy.com, SureGifts.com.ng, heels.com.ng and 1500naira.com, while plans are underway to add further stores in the near future. To use the platform, individuals

TSYS Releases White Paper on Mobile Wallet Solutions

Posted on by wademinnie | 6494 Views | 5 min read

TSYS has announced the release of a white paper titled “What’s Missing? Creating a Comprehensive Mobile Wallet Solution.” The paper highlights critical factors that will determine the mobile wallet’s future adoption in the U.S. and its acceptance among merchants. It also explores how a more robust wallet solution can solve consumers’ needs. The report is

Square Hires Amazon Executive Alyssa Henry as Engineering Lead

Posted on by wademinnie | 6316 Views | 6 min read

Square, the company enabling sellers to start, run, and grow their business, has hired Alyssa Henry to lead engineering for the company. Alyssa will head up engineering operations for Square’s infrastructure and payments platform, which processes tens of billions of dollars in payments annually. Most recently the Vice President of Amazon Web Services (AWS) Storage

Westpac strengthens its presence and capability in Asia

Posted on by wademinnie | 11147 Views | 12 min read

Westpac Banking Corporation (Westpac) has received the approval from China Banking Regulatory Commission (CBRC) to become one of the first foreign banks to set up a sub-branch in the Shanghai Free Trade Zone. The approval marks a significant milestone in the extension of Westpac’s service offering in China across trade finance, structured commodity finance, debt

FNB Updates Their Online Banking Services

Posted on by wademinnie | 8957 Views | 11 min read

FNB recently unveiled a number of new enhancements to its Online Banking platform in an ongoing effort to simplify its digital channels making the lives of customers easier. Customers will now be able to import recipients, reactivate a blocked bank card as well as search for traffic fines using an ID number through Online Banking.