Standard Bank Group has been chosen as the Best Bank in Africa by Global Finance magazine. In addition, they also received the country awards for Angola, South Africa and Uganda in Global Finance’s World’s Best Emerging Markets Bank Awards 2014. Global Finance has also named Standard Bank Group as the Global Best Investment Bank in
GlobalPlatform, the organization which standardizes the management of applications on secure chip technology, is pleased to welcome Mahindra Comviva as its newest member. Mahindra Comviva is among the top 3 mobile financial technology providers across the globe processing over 20 billion USD in payment flows, handling millions of transactions every day and serving 700+ million
Freshfons Nigeria and Aten have announced the launch of ATM remote management technology in Nigeria, an all-in-one hardware-based control unit that provides KVM over IP, remote power, aerial console management and virtual media functionality. Aten KN1000 KVM Over the NET offers remote ATM management and support by enabling administrators to access, monitor and repair ATMs
TSYS has announced that its leading Vietnamese client, Vietnam Export Import Commercial Joint Stock Bank — Vietnam Eximbank, has begun to deploy fingerprint authentication technology for over-the-counter or ATM transactions. Vietnam Eximbank is one of the first banks in Vietnam to apply this technology that enables customers to make a transaction without having the physical
VeriFone Systems, Inc. has announced that five devices in its award-winning PAYware Mobile line of EMV- enabled mobile point of sale (mPOS) devices have been approved by the Visa Ready Program. The program is designed to ensure that devices, software and solutions used to initiate or accept Visa payments are compatible with Visa’s requirements. By
Absa, wholly owned by Barclays Africa Group, is making the transition to a fully digital financial services provider. Updating existing and developing completely new technologies will transform the way South Africans bank and set Absa apart from anything that most traditional banks offer, end-to-end. The bank announced this at a press event held in Rosebank
First Data and MasterCard has announced an agreement in which First Data’s STAR Network will participate in MasterCard’s common U.S. Debit EMV solution. This agreement, combined with other recent industry announcements, provides a cost-effective solution and accelerates the ability for EMV functionality to be implemented across the U.S. EMV/ chip cards better protect account information
The ATM Industry Association (ATMIA) has announced the creation of a new U.S. Underbanked Forum, to help foster development and deployment of ATM solutions addressing the needs of the unbanked and underbanked. Although explosive growth in the use of mobile devices for payments and banking services has dramatically improved consumer accessibility, there is still a
Transferbee, a company that enables Nigerians living in UK to send money to their family and friends in Nigeria has announced that there will be no transfer charge until May 1st. The company is normally charging only 4.5 pounds for the transaction. “After our initial launch we continued to build the product and offered the
Continuing its innovation stride and complementing the Bank’s many technology-led achievements, UAE’s leading financial institution Mashreq pioneers another UAE first with the launch of Tap n Go. This is the country’s first NFC (Near Field Communication) Sticker solution. The Tap n Go Sticker makes low-value purchases exceedingly simple by converting any mobile phone of any
