iZettle, a European provider of mobile payment services and apps, has closed a €40 million Series C funding. London-based growth investor Zouk Capital led the round, with participation from Dawn Capital and Intel Capital, and Series A and B investors Creandum, Greylock Partners, Index Ventures, Northzone and SEB Private Equity. Investors in previous rounds included,
ACI Worldwide welcomes EMEA’s financial thought leaders and global payments experts to its annual ACI Exchange EMEA. Held throughout the year around the globe, ACI Exchange conferences are preeminent customer events with senior IT and business leaders from leading financial services, processors and retail organizations. This year’s EMEA event, May 13-16 in Lisbon, Portugal, brings
Digital River, a provider of Commerce-as-a-Service solutions, has announced that it signed a global payments agreement with Morinda, Inc., a direct-selling company that markets nutritional, health and wellness products. Morinda is using the Digital River World Payments solution – including its international payments gateway and credit card processing capabilities – to build a localized European
SWIFT has announced that Banco Nacional de Angola is implementing SWIFT’s Sanctions Screening service to help the country meet its financial crime compliance obligations. SWIFT Sanctions Screening is a cloud-based subscription service that filters messages in real time and checks against customers’ selected sanctions lists. Once active, the Sanctions Screening service automatically routes messages in
Location based services (LBS) has allowed FNB to offer Banking App users the ability to locate ATMs and branches and make GeoPayments, cashless, person-to-person payments, with just 3 taps and a pin. This service, launched by FNB on the Banking App in May 2012, was the first ever near-field, person to person payment technology in
Nigerian e-commerce platform Konga.com has been declared the winner of the Most Innovative and Impactful Retail Award by the Lagos Chamber of Commerce and Industry. Gabriel Gab-Umoden, head of marketing of Konga.com, collected the award on behalf of the company. “On behalf of Konga.com CEO Sim Shagaya and the entire team, we wish to thank
WorldRemit has expanded its service in Uganda to enable customers to transfer money to mobile wallets. The global online money company, which recently secured a $40 million investment from Accel Partners, will provide this new service to increase the pay-out options available to customers sending money to Uganda. Up until now, customers have been able
At European ATMs 2014 taking place on 3rd-4th June in London, Wincor Nixdorf, one of the world’s leading providers of IT solutions for financial institutions, will show how banks can enhance their offerings efficiently with modern end-to-end solutions. As part of the exhibition, Wincor Nixdorf is presenting new technologies for the branch concepts of tomorrow.
NCR Corporation, has announced that Shell Oil Company, has added NCR’s Radiant Point of Sale (RPOS) petroleum and convenience solutions as a new option for Shell Branded Wholesalers. Beginning today, Shell branded wholesalers not only have a new choice to handle the everyday transactions inside the store and at the fuel pump, but also handle
M-PESA customers will now be able to make mobile banking transactions instantaneously. This follows a system upgrade to the Application Programmable Interface (API) which has resulted in a reduction of transaction time from an average of 2 hours to less than 30 seconds. This will in effect help entrench the move towards a cash-lite society
