CPI Card Group, a global leader in financial, EMV and commercial card production, and related services, has announced that Mike Fisher has joined the group to further strengthen CPI’s existing EMV team, supporting its customers in the migration to EMV in the U.S. Fisher will lead CPI’s existing EMV Field Support Team and provide expert
Kenya’s fastest growing micro-lender, Jamii Bora Bank Limited (JBL), and the country’s premier savings bank, Postbank, have launched an agency banking relationship to enable JBL to reach more customers across the country. The relationship will se JBL use Postbank’s 9 branches spread across Kenya to provide banking and financial services to its customers in various
Nigeria’s oldest commercial bank, FirstBank Nigeria, has been announced the official partner of PayPal in Nigeria. HumanIPO reported last month PayPal had become available in ten new markets, with Nigeria and Zimbabwe added to the platform to take the number of markets it operates in to 203, and Efi Dahan, PayPal’s regional director of Sub-Saharan
The latest infographic from cuecommerce shows a comparison of the various types of payment gateways available. Find out more about cuecommerce here.
ProPay, a TSYS company, has announced a new partnership with ControlScan to provide PCI compliance solutions for small- and medium-sized merchants. ControlScan is an Approved Scanning Vendor (ASV) of the PCI Council. Together, ProPay and ControlScan will provide merchants with a simple and easy to adopt solution that will help merchants navigate the maze of
Cardtronics, Inc. has announced a definitive agreement under which it will acquire Welch ATM for $160 million. Upon completion of the transaction, the combined company will support a global portfolio of 109,600 ATMs, including 92,500 conveniently located retail ATMs in the United States. The combination of Cardtronics and Welch ATM will bring together two top-performing
Lusis Payments, a Global payments software and services provider, has announced the results of a recent proof of concept that demonstrated that its TANGO platform is capable of processing 2,500 transactions per second for 48 hours straight hours without failure. “This is a major win for TANGO,” said Phillipe Preval, CEO of Lusis Payments. “The
Banks and other financial institutions have been urged to expand delivery of services to ensure people from all walks of life are served well irrespective of their social status and religious beliefs. “More bankers should consider offering services without charging or paying interest to customers ….. such a system leaves out many muslims in the
The Kenya Bankers Association has launched its “Credit Calculator Online” website and mobile application informing loan applicants of the components that make up the total cost of credit as a percentage – known as the Annual Percentage Rate (APR). Both the site and the app were developed by the KBA in conjunction with the industry’s
Perago, a wholly-owned subsidiary of SIA, has signed an agreement with Swish Payments Ltd., a mobile commerce provider owned by leading South African payment service provider Setcom Payment Solutions, to support its new m-commerce initiative in Africa and Europe. Through SIA’s technology infrastructure, Perago will enable the Swish solution that utilises a mobile app and
