FNB customers who actively use cellphone banking will now be able to fully maintain their bank cards without having to walk into a branch. The bank has enhanced card management functionality on USSD by empowering customers to activate, view and change pin, temporarily block and unblock their cards. Previously, customers could only view card details,
Wirecard and Mastercard made Pay by Bank app, a fully digital payment solution, available to all Wirecard merchants in the UK. Pay by Bank app was created by Vocalink, a Mastercard company, and it enables people to make ‘digital debit’ payments for goods and services via their banking app, with payment made directly from their
First Bank of Nigeria Limited, Nigeria’s most valuable bank brand, has successfully recertified to the Payment Card Industry Data Security Standard (PCI DSS) version 3.2, having been one of the first top-tier banks in Nigeria to obtain the PCI DSS certification in 2014. This recertification reaffirms the Bank’s leading position in the payment card industry
TransUnion Africa, a provider of global information solutions for assessing and managing risk, has launched Menyesha, a mobile credit reporting platform, to specifically cater to the Rwandan market. Menyesha, literally “Inform Me” in Kinyarwanda, represents a leap forward in the way this historically underserved – but rapidly digitising – population can interact with lenders and
Volante Technologies Inc., a global provider of software for the integration, processing and orchestration of payments and financial messages on premise or as a cloud service, has announced its partnership with eVision to deliver efficient and agile payment solutions across the Egyptian and North African banking and finance markets. eVision is a leading software solution
New research from the global leader in omni-channel solutions, NCR Corporation, has revealed that despite the banking industry’s efforts to embrace innovative, data-driven services, UK consumers remain cautious about sharing their data. These findings are particularly striking in the face of PSD2 (Second Payment Services Directive), which will open up banks’ data and infrastructure to
New research from the global leader in omni-channel solutions, NCR Corporation, has revealed that despite the banking industry’s efforts to embrace innovative, data-driven services, UK consumers remain cautious about sharing their data. These findings are particularly striking in the face of PSD2 (Second Payment Services Directive), which will open up banks’ data and infrastructure to
SIA has launched “SIA EasyWay”, the new digital platform which allows banks and other payment service providers (PSPs) to manage at European level the instant payments available from 21 November on EBA Clearing’s RT1 infrastructure developed by SIA, in addition to all other SEPA payment and collection instruments. In fact, as of this date, citizens
Until recently, traditional retail banks were betting on nimble fintechs to up-end the industry. However, established technology firms – Amazon, Apple, Tencent and others – have emerged as the bigger, more immediate threat to retail banking as we know it. Bain & Company, in its eighth annual retail banking study, partnered with Research Now to
Lipetskcombank, one of the largest regional banks in Russia, has completed the implementation and launch of its new LKB Online mobile banking application built on TranzWare Mobile Banking from Compass Plus. The bank is now able to provide its customers with a number of new services such as remote payments, the ability to manage their
