Worldline and ReD Partner to Offer Enhanced Integrated Fraud and Payments Solution

ReD, a global fraud prevention provider, and Worldline, an Atos subsidiary for e-payment services, have announced a partnership to enrich Worldline’s  payments and fraud prevention solution with ReD specific and acknowledged fraud expertise.  Through the partnership, Worldline will strengthen its current fraud management and scoring solutions to provide its clients with sector-specific business fraud rules.

Rob Diamond Plans to Invest in African Banking

Robert Diamond is planning to return to the business of banking through a large investment into the banking sector in Africa. Diamond, who left his position as CEO of Barclays last year after a rate-fixing scandal, is looking to raise $250 million to invest in African banking through a corporate shell known as Atlas Mara,

BoT to Launch Financial Inclusion Framework

Bank of Tanzania (BoT) is out to hook ‘unbankable’ population to the financial services at affordable costs at a time when penetration is around 14 per cent. The BoT and financial inclusion stakeholders will launch a National Financial Inclusion Framework on Thursday, an occasion expected to be graced by Queen Máxima of the Netherlands and

Lukoil Selects NCR for Belgium and CEE

NCR Corporation a provider of consumer transaction technologies, announced that Lukoil, one of the world’s largest oil and gas providers, is improving the customer experience and increasing operational efficiency by deploying NCR’s latest point of sale (POS) software and hardware for petroleum and convenience stores. NCR’s POS solution will be implemented at more than 170

AfDB – Financial Inclusion for a Sustainable and Inclusive Growth in Africa

A new publication, Financial Inclusion in Africa,  by the Complex of the Chief Economist of the African Development Bank (AfDB) finds that for sustained and inclusive development to thrive, a great deal of innovation is needed to ensure that appropriate financial services and instruments are put in place for the benefit of the poor and

Evolve Money Offers Consumers Debit And Prepaid Card Payment Options

Evolve Money, the first online and mobile app that makes it easy for people to track and quickly pay more than 10,000 bills using cash, now offers people more choices of how to pay with the addition of debit and prepaid cards. Launched this summer by PreCash, Evolve Money is gaining traction as a fast,

Guiness World Record for Scanning Proves Power of the Bar Code

GS1 UK supported by Wincor Nixdorf has set a new Guiness World Records title, outlining the efficiency benefits the bar code has been delivering since it was introduced 40 years ago. The Guiness World Records title achieved was for the Fastest time to scan 50 items, which was completed in just one minute and 15

Proflight Zambia and Airtel Money Sign Partnership

Airtel Networks Zambia Plc, a telecommunications service provider in Zambia, and the airline, Proflight Zambia, have signed a partnership agreement that will enable customers to purchase air tickets countrywide. Airtel customers will be able to pay for their Proflight Zambia air tickets using their “Airtel Money” accounts. This partnership is a reflection of the synergies

Equity Bank And American Express Announce Card Partnership

Equity Bank and American Express have announced a partnership agreement, through which Equity Bank will act as the exclusive issuer of American Express Card products in Kenya, Tanzania and Uganda. As part of this agreement, Equity Bank will also acquire merchants on to the American Express network in these countries. Equity Bank will begin issuing

NCR CEO Joins United Continental Board of Directors

United Continental Holdings announced that William (Bill) Nuti is joining its Board of Directors. Nuti is chairman, CEO and president of NCR Corporation, the global leader in consumer transaction technologies. Since his arrival at NCR in 2005, Nuti has orchestrated a highly successful reinvention of the global technology company. Prior to joining NCR, Nuti served