FNB’s cashless branch, dotFNB, is the first bank in South Africa to launch interactive gesture technology in its flagship Canal Walk store. The introduction of this technology into the store front serves as yet another digital touch point for the bank to communicate with both FNB and non-FNB customers. This motion sensor technology recognises the
Loop, a smartphone-enabled commerce solution accepted at virtually every retail point-of-sale terminal, has announced the release of its LoopWallet app to U.S. consumers, making them the first in the world to rely on mobile devices as their primary method of payment instead of cards or cash. The LoopWallet app is now available at the Apple
American Express Company has announced two key appointments in its global Technology organization: Brian Saluzzo, as Senior Vice President, Global Infrastructure; and Nik Sathe, as Senior Vice President and Chief Technology Officer (CTO), both reporting to Marc D. Gordon, Executive Vice President and Chief Information Officer. The appointments were effective in late 2013. “I am
Orange has announced the launch of Orange Cash in Spain, a rechargeable prepaid card from MasterCard that can be used within smartphones or as a traditional payment card. With Orange Cash a consumer will be able to make online payments in a safe way, send money to the mobile phones of other Orange Cash users
Visa has announced it is offering clients new options to securely deploy mobile payment programs, including for the first time an option to host Visa payWave-enabled accounts in a secure, virtual cloud. The move expands Visa’s support for mobile payments globally and will give financial institutions greater choice in offering consumers secure ways to pay
MasterCard has announced it will publish a specification that leverages Host Card Emulation (HCE) for secure near field communication (NFC) payment transactions. The approach will enable consumers to easily use their MasterCard-branded cards on their NFC-enabled phones to make contactless payments. Today, there are two million contactless-enabled merchant locations in 63 countries around the world.
Datacard Group, the world leader in secure ID and card personalization solutions, has announced it will be providing financial institutions, retailers and service bureaus with guidance and best practices to help simplify the transition to the industry-wide EMV smart card standards, including the 2015 liability shift in the U.S. The new EMV Professional Service offerings
Airtel Tanzania has announced an innovative new service on Airtel money that will provide its customers with a new experience when transacting with mobile money. Speaking during the launch, Airtel Managing Director Sunil Colaso said: “Today we are happy to launch our new Airtel Money campaign dubbed “Hatoki Mtu Hapa” loosely meaning “no one will
After its official launch in Kampala in January 2014, The Helix Institute of Digital Finance has this week published its ‘Agent Network Accelerator Survey – Uganda Country Report’. The Uganda report is the first of eight country reports on agent networks, as part of the cutting-edge Agent Network Accelerator (ANA) research project/ ANA, a collaboration
In Standard & Poor’s recent report, Islamic Finance Could make Inroads Into North Africa, they stated that following the success Islamic Banking has seen over the last decade, it is now set to make increasing headway into North Africa. They noted that Egypt, Tunisia and Morocco have all taken steps towards implementing policies to develop
