De Surinaamsche Bank Expands Relationship with Fiserv to Upgrade Core Banking Platform

Fiserv, a global provider, announced that De Surinaamsche Bank (DSB), the largest commercial bank in Suriname, has extended and expanded its long-standing relationship with Fiserv. DSB will implement DigitalAccess from Fiserv to enable online and mobile banking for retail and commercial customers. In addition, the bank is upgrading to the latest version of the Signature

Visa Introduces Local Processing Solution to Support Zimbabwe Banks

Visa is introducing in Zimbabwe next month its National Net Settlement Service (NNSS) that will allow client banks to settle domestic USD-denominated Visa transactions locally. The USD was adopted in 2009 as one of the currencies in Zimbabwe’s multi-currency system. The NNSS is a local settlement solution customized to process, clear, report, and settle domestic

Visa Introduces Local Processing Solution to Support Zimbabwe Banks

Visa is introducing in Zimbabwe next month its National Net Settlement Service (NNSS) that will allow client banks to settle domestic USD-denominated Visa transactions locally. The USD was adopted in 2009 as one of the currencies in Zimbabwe’s multi-currency system. The NNSS is a local settlement solution customized to process, clear, report, and settle domestic

TransferTo Accelerates Global Expansion with New Leadership Appointment in Africa

TransferTo, leading B2B cross-border mobile payments network has appointed Sandra Hua Yao to lead TransferTo’s business operations in East Africa. The appointment is part of the company’s continued geographic expansion to support its global strategy and grow TransferTo’s presence in the emerging markets. Sandra Hua Yao, Vice President, Business Development joins from the National Bank

India’s First Payments Bank Goes LIVE-Airtel Payments Bank Starts Pilot Services in Rajasthan

Digital Banking: Quick and paperless account opening using Aadhaar based e-KYC. This requires no documents at all, only the customer’s Aadhaar number is needed Customer’s Airtel mobile number will be his/her bank account number Interest rate of 7.25 % p.a. on deposits in savings accounts Money transfer to any bank account in India (Free money

The South African Banking Risk Information Centre: Safe Banking Over the Festive Season

Lost & Stolen Card Fraud Once in possession of an original card and PIN number, fraudsters are able to use the card as if they were the actual card holder. By interrupting or interfering with a bank client whilst he or she is transacting, cards are stolen, swopped, or trapped in the ATM to be

NDB Collaborates with HomeSend to Widen Reach of Remittance Offering

National Development Bank PLC (NDB) announced its partnership with HomeSend, a joint venture between Mastercard, eServGlobal and BICS, to offer greater security and convenience to millions of Sri Lankans sending money home from abroad. Connecting NDB’s state-of-the-art e-Remittance service to the HomeSend Hub, this agreement will allow consumers to credit funds directly to a beneficiary’s