Discover Financial Services has become the latest payment network to join the growing membership of EMVCo, the EMV® standards body. Discover will work alongside EMVCo’s existing members to manage and evolve the contact and contactless EMV industry specifications to facilitate worldwide interoperability and acceptance of secure chip payment instruments. Discover has acquired a one-sixth share
Giesecke & Devrient (G&D) offers a new SIM platform that allows several different NFC applications to be executed securely and simultaneously on a single SIM card. The SkySIM CX SIM-card family provides protected areas that can be used for electronic payment and ticketing applications and for customer loyalty programs. Network operators will thus be able
hybris, a SAP company and the world’s fastest-growing commerce platform provider, announced that kalahari.com, South Africa’s largest online retailer, has selected the hybris Commerce Suite to power its retail vision forward, strengthen its position as an innovative market leader, and fast-track market growth selling both digital and physical goods via its online stores and marketplaces. A 2013
South African consumer confidence has improved for the second half of 2013 according to the latest MasterCard Index of Consumer Confidence. With a score of 56.3, the Index currently describes local consumer confidence as ‘neutral-positive’. This is an increase of 8.3 points from the somewhat pessimistic score of 48 recorded six months ago. Now in
Looking to facilitate payments related to customs, trade and logistics to meet Thailand’s National Logistics Development objectives, National Interbank Transaction Management Exchange (NITMX) turned to Axway, a market leader in governing the flow of data, based on its expertise in integration and ability to govern critical business interactions. NITMX was established in late 2005 to provide
NCR Corporation announced that it has won a volume order from Agricultural Bank of China (“ABC”) for more than 1,500 NCR SelfServTM automated teller machines (ATMs), which includes NCR SelfServ 22 and SelfServ 25 models. NCR has out-competed other providers in this bid, securing the largest share of order from ABC and further consolidating its
Javelin Group and Paythru announced the launch of Ignite, a next generation contextual mobile marketing and payments proposition for the global retail sector. Javelin Group, a European omni-channel retail consultancy, and Paythru, a m-commerce payments provider, have combined retail and technology expertise to develop Ignite, which delivers the right message to the right customers, in
Guaranty Trust Bank plc; One of Nigeria’s leading Banks, has once again led the way by winning the ‘2013 Best Banking Group – Nigeria’ in the 2013 Annual World Finance Banking Awards. Outlining the rationale for GTBank winning the ‘2013 Best Banking Group – Nigeria award’, judges commented that the Bank scored high marks in
Mobile Money subscribers on South Africa’s MTN network have reached one million since the service was launched in November last year. Unlike in Kenya, where the concept has grown rapidly, mobile money has been slow to catch on in South Africa, which has a more matured and developed formal banking sector. According to MTN and
FNB, South Africa’s oldest bank and one of the largest financial institutions in the country, is automating and innovating routine banking transactions and improving customer service by installing 1,250 NCR SelfServ™ 4 units. The SelfServ 4 is an ATM-like kiosk that FNB has branded “Slimline ATMs” in their retail sites and remote sites not served
