Gemalto will supply the Government Printing Works (GPW) of South Africa with Sealys eID cards for their national identity card program. GPW will harness Gemalto’s secure embedded software to protect the holder’s image and biometric data within the secure identity e-document, delivering outstanding levels of integrity and privacy. Moreover, GPW selected the high-end Sealys document
The German Bundesbank has approved three automated teller safe models with recycling function from Wincor Nixdorf to be used as customer-operated cash recycling machines. The systems – from the CINEO C6030 and C6040 to the C6050 – thus meet the requirements of the European Central Bank in accordance with the ECB framework. As a result,
Nigerian banking behemoth Diamond Bank has intensified its focus on delivering financial services to the under-banked in the informal sector by launching its “branchless banking” service on BankOne, a mobile banking application which allows instant account opening and registration. The application is designed and developed by AppZone, a fast-growing technology company. The integration of the
Interswitch Transnational Holdings, a pan-African integrated payment processing and transaction switching company, announces the spin-off, of two of its core divisions: Verve International and Switching and Processing, as separate, autonomous businesses. The transaction forms part of Interswitch’s planned strategy to separate its core divisions, allowing each division focus on its core competencies and best facilitate
Heartland School Solutions, a division of Heartland Payment Systems has launched a mobile payments application for parents of school-aged children to manage school meal expenses from smart phones and tablets. As the first such app available on Apple iOS, Android and Windows Mobile, Heartland’s new MyLunchMoney.com® app enables parents to use their smartphones or mobile
Barclays subsidiary, Absa has announced that its Payment Pebble, a mobile point-of-sale (MPOS) innovation, which aims to fundamentally transform the payment acceptance industry, is gearing up to enter its pilot phase. The Payment Pebble is a small portable device which plugs into smartphones or tablets and enables small and medium scale enterprises to accept payments
According to a new research report from Berg Insight, in-store mobile wallet payments in the EU is forecasted to grow from less than € 0.1 billion in 2012 at a compound annual growth rate of 275 percent to reach € 45 billion in 2017. This will correspond to 1.6 percent of the credit card and
Online and mobile payments are increasing globally, with new channels emerging. The recent “Global Online Payment Methods 2013 – First Half 2013” report by Hamburg-based secondary market research company yStats.com provides information about the worldwide movement toward online and mobile purchase transactions. The report is based on recently published information from a variety of sources and
Financial services Group Absa announced that South Africans on its Rewards programme can now instantly redeem their cash rewards on the mobile banking platform, Absa.mobi. Through the Absa.mobi site, Absa Rewards members will not only be the first in South Africa to instantly redeem their cash rewards on cellphone banking, they can also view their
National Bank of Kenya has re-branded itself as part of a new strategy aimed at transforming it into one of the top tier banks in the country in the next five years. Announcing the new move at a dinner in Nairobi today, NBK Managing Director, Munir Ahmed, said that the bank is seeking to grow
