From the convenience of your desktop to the palm of your hand, SimplePay has simplified the lives of thousands of connected Nigerians by eliminating physical cash from financial transactions. Now, with the release of the stand-alone SimpleGiving app, one more type of transaction, donating to your church, can be made faster, easier and safer. Users
Ingenico Group, global leader in seamless payment, announced that Banco del Bajío, one of Mexico’s largest banks, will deploy Ingenico’s innovative smart terminals as part of the bank’s nationwide update and expansion of its installed base. As part of that expansion BanBajío has deployed Ingenico countertop and wireless smart terminals across Mexico to offer customers
Wallet One South Africa announced the launch of its Third Party Payment Service, offering a cost effective digital payment solution to encourage financial inclusion in the national payment system for all South African Consumers. The W1 wallet enable users to purchase prepaid services including airtime and prepaid electricity, pay bills, send money to friends or
Bank of Khartoum and telecoms company Zain have launched Sudan’s first mobile money service called Hassa. The bank said the service is available to all registered Hassa mobile account customers in Sudan. Customers can carry out several financial transactions on the mobile money service using their mobile phones, Bank of Khartoum’s automated teller machines or
eTranzact International Plc, the leading mobile and switching company has been awarded the final approval to commercially launch the Mobile Money operation by the Central Bank of Nigeria. The approval to commence Mobile Money in Nigeria essentially marks the beginning of mobile payment revolution in the country. The eTranzact Mobile Money is designed to allow
E-commerce in Africa is set to receive a boost as United Bank for Africa (UBA) Plc has introduced an online payments and collections platform tagged U-bills. The online payment platform has been enabled in all the 19 countries where UBA has operations. U-bills, is a collection and bill payments platform that allows sellers to collect
CaixaBank and Barclays Bank PLC agreed the acquisition of Barclays Bank SAU, which manages the retail, wealth management and corporate banking businesses of the British bank in Spain for EUR 800 million. The final price will be adjusted according to the net asset value of Barclays Bank SAU at the end of the year. The
Worldpay, a global leader in payment processing, risk and alternative payments, and Syntec, a leading cloud call centre management service provider, have agreed a global partnership which will enable businesses to accept telephone card payments securely without compromising end-user experience. The joint offering has already been deployed by Miele, a leading premium domestic and commercial
More comprehensive analytics for credit analysis, data protection solutions and quantum computing software are among the new innovations from eight financial technology entrepreneurs selected to participate in the 2014 FinTech Innovation Lab Asia-Pacific. The Lab, which was launched by Accenture in June 2014, is a collaboration in Hong Kong between Accenture and leading financial institutions,
The APWG reports in its new Phishing Activity Trends Report that new online payment services and crypto-currency sites are being targeted by phishers. The number of phishing attacks remained high, and the second quarter of 2014 saw the second-highest number of phishing attacks ever recorded in a quarter since the APWG began tracking by quarterly
