Brazilian Domestic Card Labels Hit 10% Market Share

Brazil’s card market is expanding rapidly and domestic card labels are now growing faster than the established international labels. During the first three months of 2014, the Brazilian card market grew by 17% to a total volume of 223 billion Real (US$ 100 billion). While Visa and MasterCard are still predominant, local brands such as

MasterCard and First Data to Give Asia Pacific Card Customers More Control

MasterCard and First Data Corporation today announced a strategic alliance to provide a unified solution for First Data’s FirstVision platform powered by VisionPLUS with the introduction of MasterCard inControl for banking clients and customers in Asia Pacific. MasterCard inControl is an innovative and secure payment platform that empowers corporates and consumers to set spending limits

Commerce Bank Introduces The USA Triathlon Visa Rewards Credit Card

USA Triathlon (USA TRIATHLON), the national governing body for triathlon, and Commerce Bank have come together to offer USA TRIATHLON members a Visa rewards credit card. The card offers reward points with unlimited earnings, bonus point opportunities, as well as no annual fee. Cardholders can redeem points for thousands of items including cash back as

Twiga Bank to Start Using Mobile Banking

Twiga Bancorp has announced plans to fully incorporate internet and mobile banking before end of this year to widen access and convenience to customers. The Bank’s Acting Chief Executive Officer, Mr Wallace Msemo, told the ‘Daily News’ in an exclusive interview here during the just ended Nane Nane exhibitions that the software developers were expected

UBA CEO Urges African Banks To Use US-Africa Business Leaders Summit To Grow Capacity

The Group Managing Director/CEO, UBA Plc Mr. Phillips Oduoza has called on financial institutions in Africa to seize the opportunity provided by the President Obama led US-Africa Business Leaders Summit and the enthusiasm about Africa, to grow capacity. According to him, much of the challenges of financing growth and development on the continent lie in

HomeSend and Indosat Make it Easier for 60 Million Indonesians to Send Money

HomeSend, a joint venture between MasterCard , eServGlobal, and BICS, announced an agreement with Indosat to make remittance services available to the company’s 60 million subscribers in Indonesia. Through Indosat’s Dompetku Mobile Money platform, users can safely send and receive funds across Indonesia’s largest mobile money network. HomeSend will also be the first international remittance

Gamers Embrace Microtransactions Through Mobile Carrier Billing

Onebip by Neomobile, the global mobile payments service, has published a detailed global analysis of its partners’ customers’ buying behaviour in the online gaming sector. Based on the analysis of millions of transactions across 65 countries over the course of a full year, Onebip has uncovered the spending habits of the world’s online gamers. Gamers

PCI Security Standards Council Publishes Third-Party Security Assurance Guidance

Businesses are rapidly adopting a third-party operations model that can put payment data at risk.The PCI Security Standards Council, an open global forum for the development of payment card security standards, published guidance to help organizations and their business partners reduce this risk by better understanding their respective roles in securing card data. Developed by

Safaricom Business and Virtual City Launch Efficiency Solution for FMCG’S

Safaricom Business has partnered with innovative mobility solutions developer- Virtual City, to launch an application that will enhance service efficiency for the Fast Moving Consumer Goods sector. M-Distributr is a mobile app that is available on android devices, enabling sales teams and businesses keep real-time track of sales transactions and deliveries, place orders, and collect

Security Fears Throttling Mobile Commerce

Half of consumers would never use mobile banking apps due to fears about the level of security on their devices, according to wide-reaching consumer survey Leading digital identity expert Intercede today revealed the results of its new research The Rise of the Identity Centric Economy which found that 53% of UK consumers would never use