Capitec Bank posted headline earnings growth for the six month period to end August 2014 of 21%. Headline earnings per share was also up 21% to 1018 cents. An interim dividend per share of 246 cents was declared, up from 203 cents a year ago. The bank reported that income was driven by client growth,
Visa, the global leader in payments, is launching a 6 month, countrywide campaign dubbed the Visa Chip and Pin campaign to raise awareness amongst cardholders on benefits of EMV chip cards in Kenya as they are safer from counterfeit and fraud activities. “The little chip that sits on the left side of your Visa card
NCR Corporation, the global leader in consumer transaction technologies, today that for three years in a row it has out-competed other vendors in winning the largest share of the automated teller machine order from the central purchase of Agricultural Bank of China. NCR will provide ABC with software and hardware, including NCR SelfServ 22 and
At the World Retail Congress, MasterCard announced the start of a unique pan-European index to map all publicly available mobile shopping apps in Europe named the Mobile Top App Index by MasterCard. The Index is set to discover the best mobile shopping apps across the diverse markets of Europe and reveal how consumers are embracing
Visa Inc., the global leader in payments, announced that it will strengthen its technology resources by creating 2,000 full-time technologist positions. These positions will be a combination of new roles and existing contractor positions that are being converted to full-time positions. Visa also plans to open a new technology center in India. The combination of
Telecoms operator, Telecel Zimbabwe, is partnering with local insurance company, Zimnat Lion, to roll out a mobile insurance product that offers Telecel subscribers Funeral, Hospitaland local and international Travel Cover through their Telecel lines. The new service, called Telecare, offers an affordable and convenient package to cover most basic needs. Telecare insurance will bring safe,
Solidarity Research, a division of trade union solidarity has released their annual Bank Charges Report. The report does a comparison of bank fees across South Africa’s top 5 banks, Standard Bank, Absa, FNB, Nedbank, and Capitec Bank. Their research found that Capitec bank has the lowest bank charges for personal transactional accounts, even for clients
In a move that’s set to make paying across the capital easier and quicker, Barclaycard are today inviting Londoners to sign up for one of 10,000 free wearable bPay bands that will allow them to use contactless payments right across the capital with just a ‘wave of the wrist’. To coincide with today’s rollout of
Gemalto, the world leader in digital security, has been selected by China Mobile to offer its UpTeq NFC Multi-tenant SIMs to protect consumer credentials used for mobile contactless applications, starting with mass transit services in Beijing. China Mobile is the largest operator in the world with a total subscriber base of close to 800 million.
VeriFone Systems, Inc., announced that its UX Solutions series of unattended payment devices has achieved an industry-first certification to Canada’s first and only contactless debit payment solution, the Interac Flash 1.5 contactless payment specifications. MSC, a VeriFone distribution partner that provides solutions for the entire unattended market in Canada and the U.S., has selected devices
