MasterCard and Dynamics Partner to Drive Innovation within Interactive Payment Card Market

Posted on by wademinnie | 7690 Views | 11 min read

In conjunction with the Series C funding announcement issued earlier, MasterCard and Dynamics Inc. also announced a joint commercial initiative to drive innovation in the interactive payment card market. The collaboration enables MasterCard to offer exclusive Dynamics products to its issuers globally, providing consumers with added choice, flexibility and security at the point of sale.

Akbank chooses NCR to Further Increase ATM Availability and Enhance Customer Experience

Posted on by wademinnie | 7852 Views | 14 min read

NCR Corporation, the global leader in consumer transaction technologies, announced that Akbank has selected innovative Predictive Services technology from NCR to help increase the availability of its ATMs across Turkey. In 2013, NCR Predictive Services recovered an additional 32,000 hours of ATM up-time for Akbank customers. With more than 4,200 ATMs across 962 branches, Akbank

PesaCalc Launched to Help Kenya’s Mobile Money Users Save Money

Posted on by wademinnie | 9925 Views | 3 min read

Kenyan mobile app company Mobile Matrix has released PesaCalc, a free Android app that helps mobile money users in Kenya save money when using mobile money services. “PesaCalc helps Kenya’s mobile money users prepare exactly the right amount to send with the options of sending to registered and unregistered users, as well as including the

SignaPay LTD Acquires PayHub Inc.

Posted on by wademinnie | 9299 Views | 8 min read

SignaPay LTD, a payment solutions provider announced the acquisition of PayHubTM, a payments technology company that offers an innovative online payment gateway that currently services over 2,100 businesses throughout the United States. PayHub allows integration partners the ability to capture new markets and securely accept online and mobile payments. Developers can incorporate payment acceptance within

Lessons Learned From Financial Inclusion Initiatives in Africa

Posted on by wademinnie | 6383 Views | 13 min read

Banking the unbanked doesn’t come naturally to financial institutions who tend keep a firm eye on their top-line, however it is becoming increasingly clear just how important financial inclusion is for national economic development. M-Pesa in Kenya is the poster-child for how successful initiatives can be, and more and more countries across Africa are investigating

Abila Expands Payment Processing Options for netFORUM Enterprise

Posted on by wademinnie | 9038 Views | 6 min read

Abila, the leading provider of software and services to nonprofits and associations, announced it has entered into strategic partnerships with industry leading payment processors, Vantiv and Sage Payment Solutions, the payments division of Sage North America. The partnerships will provide integration with Abila’s cloud-based netFORUM Enterprise and give customers a choice when it comes to

NMB Embraces Plastic Money Payments

Posted on by wademinnie | 10173 Views | 10 min read

Mastercard and National Microfinance Bank (NMB) have agreed to roll out 1.5 million MasterCardpayment cards in a move aimed at reducing cash dependence and enhance financial inclusion. As a result of the partnership, NMB will issue secure EMVChip and PinMasterCard prepaid, debit and credit cards over the next seven years. The cards will feature MasterCard’s

Alipay 2014 Spending Report Sheds Light on Chinese Online Spending Behavior

Posted on by wademinnie | 10921 Views | 15 min read

Alipay, China’s largest online payment service provider, marks its 10-year anniversary with the release of its Annual Spending Report, highlighting the development of online economic activity and consumer behavior of Chinese Internet users over the past decade (2004 through October 31, 2014). According to the report, the availability of online-payment services has played a major

bebe stores, inc. Identifies and Stops Payment Card Security Incident

Posted on by wademinnie | 10621 Views | 8 min read

bebe stores, inc. announced that the Company recently detected suspicious activity on computers that operate the payment processing system for its stores. In response, the Company immediately engaged a leading computer security firm and worked with them to block the attack from continuing. Based on its investigation to date, the Company believes the attack was

Azimo Launches New Instant £1 Money Transfer Service to Latin America

Posted on by wademinnie | 9117 Views | 6 min read

FinTech startup Azimo, the digital money transfer service, has launched a new instant £1 money transfer service to 15 countries across Latin America. According to the International Organisation for Migration, 4.5 million South Americans live in Europe, while 1.25 million Europeans currently live in South America and the Caribbean. The World bank estimated that money