Heartland Payment Systems Unveils New Brand Identity

Heartland Payment Systems,  payment processors and leading provider of merchant business solutions, has unveiled a new brand identity. The new branding initiative better reflects Heartland’s dramatic evolution from a small debit and credit card processor to a leading national business solutions provider serving a range of industries from retail to restaurant, parking to petroleum, to

Cathay United Bank is First Bank in Taiwan to Deliver Personalized ATM Transactions via NCR

NCR Corporation has announced that Cathay United Bank (“CUB”) has become the first bank in Taiwan to provide personalized automated teller machine (“ATM”) transactions by using NCR APTRA Connections software. APTRA Connections enhances the customer experience while also supporting a bank’s targeted marketing programs. NCR partnered with Pershing Systems Corporation, a renowned information technology reseller

New Datacomm Research Report: Restaurants Chains’ Mobile and Online Revenue Will Triple Within Five Years

You can’t download your dinner, but you will order food, pay checks, and do much more with your smartphone. That is one of the conclusions of Datacomm Research Company’s new 118-page study, Good Food and Drink and Connected Technology, 2014-2019. “The restaurant business is going digital,” said David Strom, co-author of the report. “Online ordering

Exim Bank Unveils ‘Vision 2016

Exim Bank Tanzania Limited has embarked on implementing its Vision 2016 that seeks to double its balance sheet and increase market share in deposits by 2016. Being the sixth largest bank in the country in terms of total deposits and assets, Exim Bank has set its eyes on an ambitious target for the year 2016.

PwC: Retail Banking Industry Entering a Dynamic Era of Change

A number of key dynamics and developments are likely to substantially alter the global operating landscape for retail banks by 2020, according to a PwC report titled ‘Retail Banking 2020: Evolution or revolution’. Just over half of global bank executives (55%) surveyed believe that non-traditional players pose a threat to the traditional retail banking industry.

NCR Silver Pro iPad POS for Small- and Medium-Sized Restaurants

NCR  has announced the launch of NCR Silver Pro Restaurant Edition (Silver Pro), a new point-of-sale (POS) solution for North American small- and medium-sized restaurants. Silver Pro uses the NCR SilverTM Small Business Platform with built-in customer engagement tools, simple analytics and online reports, and turns any iPad and iPad Mini running the latest iOS

MasterCard Acquires ElectraCard Services

MasterCard has announced that it has entered into an agreement with Opus Software Solutions Pvt. Ltd., (“Opus”) to acquire its subsidiary, ElectraCard Services Private Limited, (“ECS”), a leading global provider of software solutions and processing services for electronic payment and card systems. MasterCard previously had a minority investment in ECS. This transaction is anticipated to

New MoneyGram Service Transfers Funds to Bank Accounts in Mexico in Less than an Hour

MoneyGram a global money transfer and payment services company has announced a new channel to transfer money to Mexico at an unparalleled speed – in just 30 minutes. The launch of this near real-time service provides customers with a fast and secure option to send funds through the trusted MoneyGram network. This new offering complements

ACB to Open Branch in Mwanza

Akiba Commercial Bank (ACB) plans to launch a branch in Mwanza region this year, bringing to 17 the number of branches in the country. Speaking in Dar es Salaam, ACB Head of Marketing and Communication, Mr Fredrick Archard, said that the opening of Mwanza branch is the continuation of the bank’s expansion strategy. “Many financial

World Economic Forum Holds Side Meeting on “Promoting Global Financial Inclusion Summit on Africa”

On the sides of the just concluded World Economic Forum, the Acting Governor, Dr. Sarah Alade participated at a Media Chat on ‘Promoting Global Financial Inclusion in Africa’. The event which took place at the Barcelona Hotel, Wuse, Abuja on 7th May, 2014 featured Matthew Bishop: US Business Editor and New York Bureau Chief of