‘Cashless Nigeria’ is a project that was launched by the Central Bank of Nigeria last year in an effort to promote alternative payment methods in Nigeria and reduce the levels of cash being used in the economy. Monica Adoghe of Shared Services, Central Bank of Nigeria, speaking at the Card, ATM and Mobile Expo in
Ogone, a leading global online payment services specialist, has upgraded its online payment fraud protection package with the latest detection technology tools and launched a new product, Ogone Fraud Expert™. Merchants are being offered improved protection against online fraudsters which features the added benefit of helping those merchants increase their online payment revenues by reducing
Barclaycard Global Payment Acceptance and Diners Club International, a business unit of Discover Financial Services, announced a new joint agreement to allow the acceptance of Discover and Diners Club cards by merchants using Barclaycard’s payment acquiring services. As a result of the agreement, thousands of small, medium and large merchants using Barclaycard’s payment acquiring services
First National Bank will open five new branches this year including in Chipata, Solwezi and Chingola as it continues to extend its services in to the unbanked population. And FNB Zambia chief executive officer Sarel van Zyl has noted that the bank has achieved significant growth during its four years of business in Zambia. Speaking
ATMIA today announced the publication of the results of its first international ATM innovation survey. The survey aimed to determine the most important ATM innovations in recent times and in the anticipated future, including rating value-added services over and above core ATM functions. Deposit automation came out as the top recent ATM innovation, while Mobile/Contactless
MoneyGram announced an agreement with Lebara Mobile, one of Europe’s leading mobile telecoms operators, to offer MoneyGram transfer services over the Lebara Money mobile and web solutions. MoneyGram’s money transfer platform is now integrated within the Lebara Money iPhone and Android mobile payment platform solutions and the Lebara Money website, enabling customers in the United
The FNB Lesotho Board of Directors announced the appointment of Emil Heppell to the position of Chief Executive Officer of FNB Lesotho. Heppell succeeds Trevor Holtman who left the bank at the end of a four year secondment to pursue other opportunities within the group. Heppell’s qualifications and capabilities are highly regarded by the Board
MasterCard Worldwide and Kount, a leading provider of fraud prevention and management technology in the US, announced an agreement to make MasterCard’s Expert Monitoring Fraud Scoring for Merchants available to Kount and its merchant customers. MasterCard’s Expert Monitoring Fraud Scoring for Merchants Application Programming Interface (API) improves an online merchant’s ability to detect and prevent
Ireland’s largest provider of retail and web payment solutions, has announced that they have reached 6,000 contactless payment terminals in Ireland. Contactless payment cards are just beginning to emerge in Ireland, 6,000 Irish Sage Pay retailers have installed the machines. In the UK, over 143,000 card machines have been installed in the market as a
MasterCard announced the launch of a brand new training facility in Kenya to empower the financial services ecosystem with knowledge on various aspects of cashless payments in order to boost acceptance readiness in the region. The training centre, located at MasterCard’s East Africa offices in Eldama Park, off Peponi Road, will be used for training
