ICS Financial Systems Ltd. – a software and services provider for banks and financial institutions, has announced that it has won “Best Core Banking Systems Technology Provider” in Africa for its ICS BANKS solution at the prestigious World Finance Technology Awards that was organized by World Finance magazine. The World Finance Awards identify industry leaders,
Latest statistics released by the Spark Cash Index (SCI), which measures the average value of cash withdrawals across more than 2 200 Spark Automated Teller Machines (ATMs) throughout South Africa, showed a considerable decrease in ATM withdrawal levels for January 2014 and illustrates that consumers have reigned in their spending following the festive season. The
The Central Bank of Nigeria’s high value payment system has gone live on SWIFT. The move to SWIFT is a key element of the Central Bank of Nigeria’s Payment System Vision 2020 (PSV2020), which calls for a “Nationally Utilised and Internationally Recognised” payments system and provides a robust platform to support Nigeria’s continued economic growth.
MasterCard has enhanced its rewards capabilities for cardholders, giving them more ways to redeem, exchange and trade their rewards points. These unique capabilities, unavailable to consumers that are members of current credit card-based rewards programs, will be delivered through a relationship between MasterCard and Points International Ltd. Based on the popularity of travel and experiences,
Diamond Bank, one of the leading retail banks in Nigeria, is exciting Nigerian youths with the launch of the Diamond S.W.A.G Account at the Obafemi Awolowo University (OAU), Ile-Ife venue of this year’s on-going National Universities Games Association (NUGA) games. S.W.A.G, an acronym for ‘Student With A Goal’ is a newly designed proposition targeted at helping
Banking on customer loyalty is a losing proposition today. More than 50 percent of retail banking customers are considering or already planning on switching banks because of lousy service, according to a recent study. That’s just one of the reasons why so many banks are turning to TimeTrade, the company changing the way companies engage
ABI Research has forecast that over 34 billion tickets will be delivered to mobile devices over the next five years. The combined number takes into consideration the multiple technologies used to present a mobile ticket at time of authentication, including QR codes, NFC, SMS, mobile wallets, Bluetooth Smart, and dedicated apps. In terms of the
NCR Corporation, a leader in consumer transaction technologies, announced that China Construction Bank (CCB) Beijing branch has recently implemented NCR Dynamic eLock Management solution, an automated teller machine (ATM) electronic key management solution specifically designed for the China market. The Dynamic eLock Management Solution restricts the access to an ATM’s safe to only authorized users
Nigerian e-commerce site Konga.com has opened its platform to all businesses in the country in a bid to fuel e-commerce through structured universal participation, naming its new service Konga Marketplace. Konga.com had previously allowed select businesses to list their products and services on the so-called Konga Mall as of last year, but today announced the
The team at Vouchercloud have put together the following infographic on Consumer Psychology and the Ecommerce Checkout Process. It gives unique insight into customers’ motivations and behaviour on e-commerce sites, and offers tips on how to improve your site to increase conversions. Consumer Psychology and the E-Commerce Checkout – An infographic by the team at
