Independent ATM Deployers Playing Increasingly Important Role in Global ATM Markets

As banks around the world rationalise their ATM fleets, and remove unprofitable units, independent ATM deployers (IADs) are stepping in to fill the vacuum IADs deploy a growing share of the world’s ATMs RBR’s report Global ATM Market and Forecasts to 2027 shows that while the total number of ATMs worldwide is slowly declining, the

Absa Bank Kenya Partners with Huawei to Build a New Digital Foundation for Branch Networks

SD-WAN, as a next-generation technology and service, can help banks connect their branches and promote smart branch upgrades by constructing a powerful network “I see it as Lego blocks where the bottom layer is a strong technology foundation that gives us a platform to offer cutting-edge digital solutions to our customers. A strong, resilient network

Pay@ Partners with Stitch to make EFT Payments Faster and Improve Customer Service

Instant EFT payments just got better and faster. Southern Africa’s leading payments aggregator Pay@ has partnered with Stitch, a payments and data Application Programming Interface (API) fintech, allowing billers and merchants to easily accept secure payments from customers via Instant EFT. Pay@ has partnered with Stitch to bring a much-improved customer experience – allowing a

Ukheshe and Paycorp Boost Cardless Cash Withdrawals at Cash Express Branded ATMs

More cardless ATMs with greater functionality are now available to more people thanks to the ongoing partnership between leading fintech enablement partner, Ukheshe, and leading global payments provider, Paycorp. The partnership sees ATM Solutions, a division of Paycorp, which owns and operates over 4000 Cash Express branded ATMs, add rich embedded functionality to its fleet

Payment Ecosystem Must Find the Commercial Carrot to Move Away From Cash

The South African payment ecosystem will need to increase cooperation if it hopes to reduce the country’s over-reliance on cash. And, while the regulator still has a big part to play in the solution, flipping the way payments are generally incentivised in favour of the consumer, as well as finding ways to better incentivise businesses

RBR | Partial Recovery for Cash Withdrawals as Pandemic Encourages Shift to Cashless

The end of lockdowns and the need for financial inclusion drives customer traffic at ATMs for cash withdrawals, although the pandemic leaves a legacy of new digital and cashless payment behaviour ATM cash withdrawals pick up as the world gradually returns to normal Customers around the world made 69 billion cash withdrawals in 2021, RBR’s

Nigeria’s Economy Reaps Benefits of Real-Time Payments and Digital Banking Transformation – US$6 Billion of Additional GDP Growth Forecast by 2026 – ACI Worldwide Report

Nigeria is Africa’s undisputed real-time payments and digital payments leader, recording 3.7 billion real-time transactions in 2021 and ranking sixth in the league table of the world’s most developed real-time payments markets, according to the third edition of ACI’s Prime Time for Real-Time report The widespread uptake of new digital and real-time payment services helped

Software is Optimising the ATM as a Key Physical Touchpoint with Customers

With ATMs and bank branches under cost pressures, software solutions ensure that self-service terminals deliver the maximum for both deployers and customers CRM software helps to migrate services from the branch counter to the ATM RBR’s recent study, Global ATM Market and Forecasts to 2027, shows that the number of bank branches worldwide continued to

Seamless, Speedy and Secure: The Lowdown on Halo Dot

We live in a world where ease and speed are expected – our impatience grows stronger every day. This doesn’t stem from a sense of entitlement but is a product of constant evolution and innovation. This applies especially to making payments. Halo Dot is a ‘game-changer, sale maker’ that makes contactless card payments more accessible,

ATMIA Announces a New President of the ATM Security Association

The ATM Industry Association (ATMIA) today announced the appointment of David Tente as the next President of the ATM Security Association (ASA) from July 1st. He succeeds outgoing President, Mike Lee, who is retiring as CEO of ATMIA, which runs ASA, at the end of June. Tente will continue as Executive Director, USA, Canada &