Did you know the infamous calculator watch has been around since the 1970s? It’s safe to say smartwatches have come a long way since then. And PayPal is excited to be part of that. PayPal is working to make shopping easy and seamless so that you are one step closer to walking into a store
South Africa’s digital economy is the most developed in Africa, and one of the fastest growing in the world, according to the new Digital Evolution Index developed by MasterCard and The Fletcher School at Tufts University that tracks a country’s movement toward digital evolution, gauges progress and assesses challenges in 50 countries comprising the Index.
NCR Corporation, the global leader in consumer transaction technologies, announced that Citymarket, a chain of small grocery stores owned by PRV STORES PY SA, has opened ten stores in Asuncion, Paraguay and plans to open four more by year’s end featuring NCR technology at the point of service. As part of the agreement, Citymarket is
American Express is expanding its presence in major domestic airports, announcing it will open The Centurion Studio at Seattle-Tacoma International Airport in 2015. Like The Centurion Lounges, The Centurion Studio will be a retreat for Card Members but in a smaller space, featuring some of the amenities Card Members say are most essential: comfortable seating,
FICO , the leading provider of analytics and decision management technology, announced that card-not-present (CNP) fraud accounted for three-quarters of card fraud cases and fraud losses in the UK from 2012-2014, based on the payment cards in the FICO Falcon Fraud Consortium for Europe. Despite the dominance of CNP fraud, UK issuers have used anti-fraud
EXIM Bank Tanzania has continued to widen its reach to customers in Tanzania by opening a new branch on Lumumba Street in Dar es Salaam, a move that aims at extending its reach. The Ushirika branch adds up to the firm’s network which continue to spread across the country. Speaking during an inauguration ceremony, the
Popular social app, Snapchat has announced that it will be partnering with mobile payments start-up Square to launch ‘Snapcash’, a service that allows people to send money to their friends via their phone. The service is currently available to Snapchat users in the US, over the age of 18, with an expectation that it will
NAFCU Services Corporation announced that MasterCard has become the newest Preferred Partner to join the program serving the credit union community. The partnership was approved following a rigorous RFP process and voting by NAFCU’s three panels of credit union CEOs. Through this partnership, credit unions will have access to innovative credit, debit and prepaid solutions
Wincor Nixdorf, a leading retail and banking IT solutions provider, has been selected by Travelex to provide payment processing services for its ATMs for another seven years and will support Travelex as it undertakes a period of business growth. As Travelex’s strategic payment processing provider, Wincor Nixdorf will continue to provide payment processing for ATMs
The Chairman of Westpac Banking Corporation, Lindsay Maxsted, announced that Gail Kelly has decided to retire as Chief Executive Officer on 1 February 2015. The Westpac Board has appointed Brian Hartzer to succeed Mrs Kelly as the Group’s CEO. Mr Hartzer is currently Chief Executive, Australian Financial Services, responsible for the Westpac Group’s retail, business
