Barclays Launches Women in Leadership Index and ETNs

Barclays Bank PLC announced today the launch of the Barclays Women in Leadership Exchange Traded Notes (“ETNs”) on the NYSE Arca Exchange under the ticker symbol WIL. The ETNs will begin trading tomorrow, July 10, 2014. To celebrate the launch of the Women in Leadership index family and ETNs, Barclays will also ring the New

Allied Wallet Honored as Payment Solution Provider of the Year

Allied Wallet, a globally leading provider of online payment processing, multi-currency merchant services, and a PCI Level 1 secured payment gateway, is awarded as Customized Payment Solutions Provider of the Year in the United States by Acquisition International. Allied Wallet was honored by Acquisition International for the innovative, state-of-the-art payment solution they provide for small

eTranzact Open to Deeper Collaboration with Local Developers

Nigerian payments company eTranzact has expressed its openness to deeper collaborations with local developers to produce better integrated payment systems that will operate at the standard of global payment systems such as PayPal. “Collaboration is key to the growth and development of better integrated payment systems for Nigeria,” the company said in a statement. “We

Tanzanians Urged to Step up the Culture of Saving

Tanzanians have been urged to build and strengthen a culture of saving through banks and other financial institutions for their own benefits and the country’s economic development. Talking to journalists in Dar es Salaam, the Deposit Insurance Board (DIB) officials said the culture of saving through banks enables depositors access loans for their development. The

Barclays Bank of Botswana Inks Deal for Major New ATM Rollout

Barclays Bank of Botswana,  has partnered with Bytes Managed Solutions, the exclusive distributor of NCR technology solutions in southern Africa, for the installation of intelligent cash deposit ATMs. Last month, the bank launched a new generation of ATMs that provide customers with convenient ways of banking outside the banking halls. The ATMs are specifically designed

Cash Passport Allows Four Currencies to be Preloaded on a Single, Chip and PIN Prepaid Card

MasterCard’s Multi-currency Cash Passport, a prepaid Chip and PIN-protected travel card, is now available from 54 American Express Foreign Exchange bureaux countrywide. As the only product of its kind in South Africa that can be preloaded with up to four currencies (U.S. Dollars, Pound Sterling, Australian Dollars and Euros) at once, the MasterCard Multi-currency Cash

Diebold and Wincor Nixdorf Set up Industry Association to Combat ATM Crime

As automated teller machine (ATM) networks have expanded worldwide, so has the sophistication of global crime. The combination of these factors has led to intensified security concerns at the ATM. Combating this issue requires consistent focus and global defense solutions throughout the ATM provider chain. In order to further develop these solutions, Diebold, Incorporated (NYSE:DBD)

Compass Plus Expands its Presence in South East Asia with Bank Tabungan Pensiunan Nasional

Compass Plus, an international provider of retail banking and electronic payments software to processors and financial institutions, has announced its first customer in Indonesia. The company, together with PT Infogram Telemedia as Compass Plus’ distributor for Indonesia, has completed an e-channel switching project for Bank Tabungan Pensiunan Nasional (BTPN). BTPN, Indonesia’s leading commercial bank, chose

Emerge Mobile Launches MPOS Solution

Emerge Mobile, a South African based technology company in the mobile payments space, has announced the commercial launch of its Edge MPOS payment card acceptance solution. iKhokha, a South African, Cape Town based financial services brand created by Emerge Mobile, is the inaugural go-to-market vehicle for The Edge, which is a secure and compact Chip

Better Credit Facility in Pipeline

Members of the public in Tanzania may soon start accessing credits on competitive terms, thanks to the Credit Reference Bureau (CRB), that commercial banks have embraced amid optimism that the data base will help to extend financial services to more people, a new study has shown. CRB is the database for consumer credit information that