TechNavio, a tech-focused research firm has published a new report on the Global Secure Logistics Market, which is expected to grow at a CAGR of 9.47 percent from 2015-2019. The latest report from TechNavio highlights an increased affinity towards outsourcing total cash management, security and surveillance by banks and financial institutions. Many customers in this
Residents of the United Arab Emirates will now benefit from a more seamless, speedy and secure online shopping checkout with the launch of the innovative, global MasterCard digital service, MasterPass. MasterPass offers consumers a hassle-free way to make convenient, simple, fast and secure payments online. Digital wallets powered by MasterPass will allow consumers in the
Ukash, the leading online cash payment provider, is partnering with leading UK retailer, WHSmith, to give consumers the ability to buy Ukash vouchers from 470 of its high street stores across the UK. The ground-breaking new agreement uses the power of the major high street brand and its strong retail network to extend awareness of
NCR Corporation and National Payments Corporation of India (NPCI) announced the successful completion of the landmark Cheque Truncation System (CTS) project in India. Started by the Reserve Bank of India, India’s Central Bank, in December 2007 to ease the process of cheque clearing in the country, this project changes the traditional physical movement of cheques
ATMIA has published its 2014 global ATM fraud survey. Respondents from 42 countries, across all major regions, took part in the survey, up from a geographical spread in the 2013 survey of 20 countries. “In an era of globalized crime, vigilance remains the watchword for ATM security and industry in general,” commented Mike Lee, the
Tigo announced the first of its regular quarterly payments worth 3bn/- (US $ 1.8 million) to Tigo Pesa users. This payment comes three months after the company paid a staggering profit of TZS 14.25 billion (US $ 8.64 million) accumulated in the Tigo Pesa Trust Account to become the first mobile money service in the
The United Bank for Africa Plc (UBA) has announced the introduction of Forex transfer capability on its online banking platform, U-Direct. The new service allows the bank’s customers to transfer funds from their Domiciliary Account to any account in the world within 24 hours. The commencement of this service is well timed, considering the anticipated
GlobalCollect, an Ingenico Group company, and UnionPay International, a subsidiary of the fast growing global payment network China UnionPay, unveiled a worldwide partnership that sees GlobalCollect become a worldwide acquirer for the UnionPay network. UnionPay is the number one international card brand in the world measured by the number of cards issued. With the agreement,
NCR Corporation, the global leader in consumer transaction technologies, announced that Banco Falabella of Colombia is introducing a new ATM experience powered by a complete NCR software and hardware solution. Banco Falabella has established its own network of 50 ATMs with specialized software to carry out marketing and loyalty campaigns. Banco Falabella will use NCR
Entrust Datacard announced that it has launched the first integrated instant issuance kiosk solution in South Asia with State Bank of India (SBI). State Bank of India opened its first set of seven outlets immersed with digital capabilities in prime business districts and shopping malls in Mumbai, New Delhi, Bengaluru, Chennai, Kolkata and Ahmedabad. The
