EMVCo Announces Development of EMV® Contactless Kernel Specification to Simplify and Advance Global Contactless Acceptance

Posted on by Staff Reporter | 18537 Views | 12 min read

EMVCo Announces Development of EMV® Contactless Kernel Specification to Simplify and Advance Global Contactless Acceptance Global technical body EMVCo has announced that it is developing an EMV Contactless Kernel Specification to simplify and advance global contactless payment acceptance. Following a detailed review with EMVCo Associates in February and March, a draft specification is now available

Zapper Merchants can Now Take Card Payments Via Their Mobile Phone

Posted on by Staff Reporter | 15219 Views | 12 min read

Independent mobile payments, insights, loyalty and rewards platform, Zapper, has announced that their merchants will now be able to accept tap-on-phone payments. The new functionality gives them access to virtually all digital payments without the need for any additional point of sale hardware and irrespective of whether consumers have the Zapper app. “After a successful

Kenya Bankers Association: Bankers, Payments Firms and Retailers in Drive to Reduce Consumer Exposure to Fraudsters

Posted on by Staff Reporter | 18050 Views | 12 min read

Consumer education will play a central role in addressing emerging security challenges. During the launch of the Kaa Chonjo! (Be Alert!) card, mobile and online safety awareness campaign, players in the financial, payments and retail sectors highlighted the importance of continuing to empower the public with information on fraud prevention. In his remarks, Kenya Bankers

Entersekt: AI in Payments – it’s Safer for Everyone When Machines Know Us Best

Posted on by Staff Reporter | 12542 Views | 20 min read

The competitive advantage in modern business relies more and more on the customer experience. With the availability of technologies such as AI, data has become the most valuable asset. AI is turning our online behaviour, and even our common mistakes and typing quirks, into an effective way to keep us safe while making our user

Visa, Bantu Collaborate to Foster Financial Inclusion in Africa, Other Economies

Posted on by Staff Reporter | 41807 Views | 15 min read

Visa, the world leader in digital payments, is collaborating with the Bantu Blockchain Foundation (Bantu), custodians of the Bantu Blockchain Network infrastructure, to connect its digital asset-linked Visa cards to the Bantu Network Token (XBN), a utility token developed by Bantu to facilitate fast and secure transactions on the Bantu blockchain. This integration is expected to directly

Ukheshe Processes First Live Instant Payments in MEA with Mastercard Track Instant Pay

Posted on by Staff Reporter | 15437 Views | 14 min read

The first businesses in the Middle East and Africa region have started to experience the seamless ease of Mastercard’s Track Instant Pay solution, in partnership with leading pan-African fintech enablement partner, Ukheshe Technologies. Track Instant Pay is a next-generation virtual card solution that uses machine learning and straight-through processing to enable instant payment of supplier

Firstbank Rewards Customers with 50 Million Naira Worth of Prizes in Verve Card Campaign

Posted on by Staff Reporter | 12489 Views | 8 min read

FirstBank, Nigeria’s leading financial inclusion services provider has urged its customers to take advantage of the Bank’s ongoing Verve Card campaign designed to reward customers for their continued usage of the Verve debit Card. The Eight-week promo will end on Wednesday, 30 March 2022 as 2,601 customers will win various prizes. These prizes include: N20,000

UnionPay International Taps Fiserv to Further Global Expansion

Posted on by Staff Reporter | 15796 Views | 11 min read

Fiserv, Inc. has announced the expansion of its relationship with UnionPay International, a wholly owned subsidiary of China UnionPay, one of the world’s largest payment networks. The collaboration will allow UnionPay to grow on a global scale by facilitating the issuance of virtual and physical UnionPay cards across international markets. Additionally, UnionPay will leverage the

Mastercard Unveils Next-Generation Virtual Card Solution for Instant B2B Payments

Posted on by Staff Reporter | 17366 Views | 14 min read

The new, first-of-its-kind virtual card solution is integrated with Mastercard Track Business Payment Service to deliver greater choice, faster payments and improved efficiency for buyers and suppliers Mastercard has announced the launch of Mastercard TrackTM Instant Pay, a next-generation virtual card solution that uses machine learning and straight-through processing to enable instant payment of supplier

Visa brings Digital Payments and Exclusive Experiences to the TotalEnergies AFCON 2021 in Cameroon

Posted on by Staff Reporter | 21724 Views | 12 min read

Visa, the exclusive digital payment service provider of the TotalEnergies Africa Cup of Nations (AFCON) 2021, is marking this year’s competition in Cameroon by creating new one-of-a-kind experiences for cardholders and football fans and looking to further help expand access to the financial system in Africa. Visa is a global payments technology company that connects the world