ROAM, part of Ingenico Mobile Solutions and the leading mobile commerce platform provider, announces that it has partnered with First Data – the global leader in payment technology and services solutions – to introduce an innovative mPOS solution into the Indian market. Leveraging ROAM’s mobile solution and Ingenico’s global EMV expertise, First Data India has
Standard Bank has welcomed Atedo Peterside as the newest member of their board of directors. He joins the Standard Bank Group board and that of The Standard Bank of South Africa Limited as a non-executive. Mr Peterside is Chairman of Stanbic IBTC Plc, which is Standard Bank Group’s operation in Nigeria. Mr Peterside obtained a
Research commissioned by FNB and VISA reveal that while the overall awareness of card fraud is very high, 42% of respondents are sharing their bank card PINs. The protection of customer’s funds is a top priority for FNB and although the bank is always looking at ways to improve security, certain key links in fraud
Agents of Kenya’s M-Pesa mobile money service received KSh.10.6 billion in total commissions for the year to March 2014, up almost 25 per cent on the previous year, although individual agents earn less as more agents join the network. According to a report by Business Daily, Safaricom spends KSh.40 out of every KSh.100 generated from
South African small and mid-sized merchants cite cost (34 percent), data security concerns (23 percent) and lack of know how (21 percent) as the greatest barriers to technology adoption, according to the new MasterCard Merchant Scope study. The study investigates how small and mid-sized merchants from the retail, services, restaurant and hospitality industries use technology,
IBM and Monitise recently announced a global digital commerce and resourcing alliance. Combining the best of both companies’ mobile banking, payments and commerce technology, this alliance brings IBM sales and specialist resources to clients around the world with the full spectrum of advice, solution design and delivery of Monitise’s Mobile Money services. Building on Monitise’s
Sequent Software, the world’s leading provider of digital issuance and open wallet platform-as-a-service, announced that it has been awarded a key patent for simplifying mobile payments and enabling fast and seamless transactions at merchants through the “One Tap” mobile payments functionality. With one tap functionality, mobile wallets can transmit multiple cards–such as payment, loyalty, coupons
Datacard Group recently announced that they exhibited at the Technology Providers Exhibition Cum Meet event in India, which was organized by the Department of Financial Services at the Ministry of Finance, Government of India. This exclusive event brought various technology providers together to identify key technologies for the financial services market. The Department of Financial
Equity Bank Tanzania, has unveiled its latest innovation dubbed EAZZY 24/7, mobile phone banking platform. Eazzy 24/7 allows the Bank’s customers to access banking services using their mobile phone. The service is accessible through Vodacom, Airtel, Tigo, and Zantel. The platform allows customers to carry out various transactions such as Airtime top up, Transfer funds,
FNB announced that, as part of its smart device range, it will now offer a tablet to its customers for R99 per month, making smart devices affordable for South Africans who previously would not have been able to purchase one. The Lenovo Ideatab, which comes with a free protective cover, includes all the features one
