Starbucks Expands Starbucks Cards to China in Time for the Lunar New Year

Starbucks Coffee Company introduced Starbucks Gift Cards at select locations in Mainland China. Starbucks Cards can be purchased in three unique design themes, including Thank You, Kind Regards and Happy Lunar New Year. “The Lunar New Year is a time when family and friends gather to meet, connect and share stories,” said Belinda Wong, president,

Utilise Banking Services, Tanzania’s Kagera Farmers Urged

The Acting Registrar of Cooperatives in the country, Dr Audax Rutabanzibwa, has commended farmers in the region for establishing the Kagera Farmers’ Cooperative Bank (KFCB), urging them to utilise its services effectively. He noted that the KFCB was exemplary and had made big strides during eleven years of existence, urging shareholders to increase their shares

Global Fraud Trends in Wholesale and Commercial Banking

When it comes to wire and automated clearinghouse (ACH) fraud, global financial executives agree that the biggest negative impact is reputational damage. Regionally, North American financial executives are experiencing less fraud than their global counterparts, according to a recent survey from electronic payment and banking systems leader ACI Worldwide, which examines global fraud trends in

Royal Bank of Scotland Chooses NCR to Deliver 2000 SelfServ ATMs in UK

NCR Corporation a provider of consumer transaction technologies, announced that it is helping the Royal Bank of Scotland (RBS) deliver convenient banking services for its customers. This approach is underpinned by a significant investment by RBS between 2013 and 2016. NCR teams, especially those in NCR’s Dundee Centre of Excellence, are helping achieve this by

MasterCard, eServGlobal and BICS Create Remittance Joint Venture

MasterCard,  eServGlobal and BICS have announced the formation of HomeSend, a joint venture which will enable consumers to send money to and from mobile money accounts, payment cards, bank accounts or cash outlets – regardless of their location or that of the recipient. The HomeSend JV will leverage the current HomeSend platform, a remittance hub

Wincor Nixdorf to Take Charge of IT System Services at 2,300 Aral Service Stations in Germany

As of January 1, 2014, Wincor Nixdorf will assume responsibility for providing services for IT systems at the service stations in Germany owned by BP and operated under the Aral brand. This includes maintenance and recovery of the IT infrastructure over a five-year period, with the aim of ensuring the availability of more than 25,000

CommBank, MasterCard and Samsung Collaborate to Deliver NFC Payments in Australia

Commonwealth Bank, in partnership with MasterCard and Samsung Electronics Australia, became the first bank globally to offer its customers MasterCard® PayPass™ payments capabilities via Near Field Communication (NFC) enabled Samsung GALAXY S4 devices. The world first collaboration delivers a next-generation shopping experience and simplifies the ways customers pay for everyday goods and services. The CommBank

MasterPass Digital Payment Platform Launches in Italy

MasterPass, MasterCard’s new digital payment platform is debuting in Italy, offering consumers, by the end of the first quarter 2014, an easier, quicker, and more secure way to shop online. Mediaworld, Trenitalia and Vodafone are the first major brands that have already enrolled for MasterPass and will shortly be joined by Esselunga. 3,500 more retailers

Mopay Announces a Strategic Partnership with Telenor

Mopay, a provider of payment solutions for online merchants, has announced a strategic partnership with Telenor, a leading telecommunications operator in Scandinavia and one the world’s ten largest network operators. Based in Norway, Telenor has nearly 34,000 employees worldwide, managing mobile operations in 12 international markets. mopay is one of the first companies to be

TIS Further Expands Its Cloud Platform with SEPA Direct Debit Mandate Management

The management of customer master data and mandate data in one central, multibank and multi-ERP-capable payment transaction solution is especially important within heterogeneous landscapes. Due to the introduction of SEPA Direct Debit (SDD), mandate management, i.e. an overview of approved direct debit authorisations, will become a necessary “To Do” for every company to implement. SEPA