Fiserv Launches Next Generation of Financial Crime Risk Management Platform

Fiserv, Inc. a provider of financial services technology solutions, has announced the release of its next generation Financial Crime Risk Management (FCRM) Platform. This major release brings unique abilities for financial crime professionals to effectively and efficiently model, detect, investigate and resolve risks across crimes, channels and product lines. It does so through new complex

Ingenico Ships its 500,000th POS Terminal in Indonesia

Ingenico a leading worldwide provider of payment solutions, has announced that it has reached a new milestone with half a million terminals shipped in Indonesia. With the acquisition and successful integration of PT Integra Pratama in 2012, one of the leading players in the fast growing market of Indonesia, Ingenico has further expanded its footprint

Online Shopping in Africa: Tips for Buying Online this Festive Season

With the increased availability of broadband access, more affordable data costs offered by mobile operators and the consistent development of mobile devices, online shopping is gaining great traction in Sub-Saharan Africa. Fatima Sullivan, Head of Retail at DHL Express Sub-Saharan Africa says that with the upcoming festive season fast approaching, consumers are increasingly choosing to

Tanzania Mulls Operating Bank Payments System on Saturdays

Tanzania is considering operating its bank payments system on Saturdays, allowing customers to transfer money around, with traders remaining confident that the move would not affect banks’ trading positions. The opening of real time gross settlements (RTGS) will allow banks’ customers to move money from one account to the next, a departure from the present

PayPal DDoS Attack in 2010 Consequences of Plea Agreement

Defense.Net, a company designed to mitigate the increasing scale and sophistication of modern Distributed Denial of Service (DDoS) attacks, has released statements from the company’s founder, Barrett Lyon, and CEO, Chris Risley, on the plea agreement reached in the “PayPal 14” case of the hackers that worked with the group Anonymous to shut down PayPal

SecureBuy Offers Payment Industry Consumer Authentication at No Charge

SecureBuy®, a provider of payment fraud prevention and security technology, has announced that it is granting a 10-year royalty-free license of the SecureBuy 2.0, 3-D Secure MPI. The SecureBuy 3-D Secure MPI is immediately available on a no-charge basis for all payment industry acquirers, service and solution providers to offer as a free value added

Citi and American Airlines Announce Admirals Club Membership Benefits

Citi and American Airlines have announced that beginning in March 2014, the Citi Executive / AAdvantage World Elite MasterCard will be the only U.S. credit card offering full membership benefits at the American Airlines Admirals Club airport lounges. “The American Airlines Admirals Club lounges are an oasis in the airport to many travelers, and we

Crédit Agricole Selects Ingenico for its 3G Mobile Payment Solutions

Crédit Agricole is the first French banking group to offer Ingenico’s iWL250 3G mobile payment terminal in its catalogue. This light and compact terminal is suited to all kinds of usage. Combined with a wide range of options, the innovative and secure terminal offers a comprehensive response to merchants’ mobility, communication and operating cost optimisation

MoneyGram Reaches New Milestone in the Philippines

MoneyGram, a global money transfer and payment services company, has reached a new milestone by surpassing 10,000 locations in the Philippines. This makes MoneyGram one of the most widely networked global remittance companies in the country. With presence in nearly 200 countries and now over 10,000 locations in the Philippines, MoneyGram continues to bring families

M-PESA Launches Online Payment Service

M-PESA, Safaricom’s flagship brand is set to revolutionize e-commerce in Kenya with the launch of its online payment service. Lipa Na M-PESA online is a new service that will allow local traders to accept online payments for the purchase and sale of goods and services. Kenya has in recent times witnessed remarkable growth in online