Integration of mobile wallet with debit card a ‘holy grail’ for displacing cash, creating financial products for informal market. African fintech holding company Crossfin has made a strategic investment into mobile wallet platform My-iMali through its Crossfin Ventures angel investment arm. My-iMali, which was founded in 2018, provides lower-income consumers with the ability to transact
ATMIA today published a “Next Generation ATM Deployer Guide” to help banks and independent ATM deployers to get ready for the production of Next Gen ATMs, which will link millions of ATMs to billions of mobile phones in a new ATM ecosystem. Subtitled “Expert opinions and lessons learned during the ATM industry’s migration to NextGen
Travelex, a Finablr company and a market leading foreign exchange specialist, has announced a new agreement with Transaction Network Services (TNS), a leading global provider of data communications and interoperability solutions. Through the partnership, Travelex will expand the card schemes available across its 1,050-strong ATM network. The company will use TNS’ managed hosting service to
FNB has launched Easy Zero, a fully-fledged digital bank account with a card to allow customers to transact easily, conveniently and safely without paying a monthly fee. The mobile account was formerly known as eWallet eXtra. The revamped digital account will now have a branded FNB bank card, providing customers with free card swipes, cost-effective
In its 14th year of trading, and about to celebrate 15 years of excellence in 2020, Spark ATM Systems have officially laid down a marker in the ATM industry in South Africa, as the leading independent ATM deployer. Our ever-growing national network of ATMs can be found in every conceivable type of bank branch, retail,
In a move that is sure to have positive growth benefits for South Africa’s tourism industry, Nedbank and Fexco, a leading independent global provider of DCC and multi-currency (MCP) technologies, have announced an extension to their partnership that will see Fexco’s world class Dynamic Currency Conversion (DCC) solution provided to Nedbank merchants and their international
Congratulations to our customer Access Bank, Nigeria, who “successfully completed the upgrade of their digital and technology platforms to one of the best banking platforms in the world”. CR2 is very proud to have played a large part in this. This achievement represents one of the fastest integrations of two significant banks in Africa. With
ACI Worldwide, a leading global provider of real-time electronic payment and banking solutions, today announced an extension of its long-term relationship with Cardtronics, the world’s largest ATM operator. Cardtronics, a long-time ACI customer, is modernizing its offerings for merchants and financial service providers through ACI’s UP Retail Payments solution – an integrated platform for all
Cashless payments have come a long way in recent years, but cash is still a popular means of payment in most countries, particularly those with large rural and unbanked populations. ATM cash withdrawals will continue to increase in most countries After many years of growth, the total number of ATM cash withdrawals worldwide dropped by
Interswitch Limited, a leading technology-driven company focused on the digitisation of payments in Nigeria and other countries in Africa, and Visa Inc., the world leader in digital payments, today announced a strategic partnership that will further advance the digital payments ecosystem across Africa. As part of the agreement, Visa will acquire a significant minority equity
