Cardtronics Providing ATM Services in Mass Quantities for US’s Costco

Cardtronics announced that Costco Wholesale has renewed the company as a key provider of ATM services in the United States, adding a long-term contract extension to a relationship established in 2005. The world’s largest retail ATM owner, Cardtronics owns and operates more than 450 ATMs located in Costco membership warehouses spread across 39 states today,

Social Welfare Card for Two Million People with Low Income in Turkey

Two million low-income Turkish citizens will receive their welfare funds on MasterCard Prepaid Cards. That means beneficiaries such as widows, the disabled, and the elderly, will no longer have to wait in queue for hours on end to get their money.  Their benefits will be given to them faster and much more securely.  Electronic payments

SkyVision Installs Satellite Network for Ivory Coast Savings and Credit Cooperative

SkyVision’s Private Network solution provided a voice and data network to a Côte d’Ivoire microfinance provider. SkyVision Global Networks Ltd., a global provider of IP connectivity over satellite and fiber optic systems, announced that it has successfully completed the installation of a private satellite network solution for UNACOOPEC-CI (National Union of Savings and Credit Cooperatives)

Mahindra Comviva’s mPayments Declared Best Mobile Banking Technology in Asia &Africa

Mahindra Comviva, a provider of mobile financial and VAS solutions, announced its mobiquity® mobile financial services platform has been awarded the best Mobile Banking Technology award by World Finance Technology Awards 2013, declared recently in London. Mahindra Comviva was recognized for its work in delivering relevant technology solutions for accelerating financial services growth in Asia

Nedbank Group and the Bank of China Formalise Alliance

Nedbank Group and the Bank of China (’BoC’) have entered into a strategic business cooperation agreement to grow business flows between the People’s Republic of China (’China’) and Africa. The alliance will support clients of the BoC as they look to grow and invest in South Africa and the rest of Africa by providing access

Groupon Introduces POS Services in US

Groupon announced the addition of credit card terminals to the company’s existing payments suite for local businesses. With the inclusion of terminals, Groupon extends its popular payments service to the most common way that local businesses accept credit cards and makes an affordable and sophisticated payments solution available to nearly every merchant — regardless of the size of

NCR Secures Over 2,000 SelfServ ATM Order from China’s ICBC

Global technology company NCR Corporation has secured a significant order from Industrial and Commercial Bank of China (“ICBC”)  for more than 2,000 NCR SelfServ™ automated teller machines (ATMs) in the first half of 2013. The purchase came from ICBC’s first and second batch ATM central buy order in 2013, which includes a total of 2,146 NCR SelfServ

US Bill Payments – Western Union Releases Bill Payments Money Mindset Index

The Western Union Company, released the latest findings from the Western Union Bill Payments Money Mindset Index. The survey of U.S. consumers reveals mobile device ownership and usage are changing consumers’ bill payment behaviors, even as people continue to use different payment channels like in-person or mail to meet their budget and lifestyle needs. For example,

US-based SecureBuy Upgrades 3D Secure MPI (Merchant Plug In) Offering

SecureBuy has announced a critical upgrade to their complete end to end eCommerce and Mobile payment fraud solution that allows merchants to process orders from blacklists with all reward and no risk. Blacklisting is a very common practice in eCommerce where a merchant compiles a list of untrusted customers by name, zip code, IP address,

MoneyGram Launches Service That Allows PayPal Withdrawals at at US Locations

MoneyGram, a global money transfer company, announced that PayPal’s 55 million active U.S. account holders can now initiate a withdrawal from their accounts – online or via mobile – and pick up the funds at any MoneyGram location in the United States. This represents the first phase of a rollout that will also include the ability for PayPal