Mastercard Names Paul Stoddart President of New Payment Platforms

Posted on by Staff Writer | 3417 Views | 9 min read

Mastercard has announced the appointment of Paul Stoddart as president, New Payment Platforms, effective March 1, 2019. Stoddart succeeds David Yates, who will transition into a senior advisory role focused on real-time national and cross-border payments strategies. In this role, Stoddart will oversee the development and strategic integration of Mastercard’s real-time payments capabilities beyond traditional

Silverlake Axis Completes Acquisition of SIA X Infotech Group

Posted on by Staff Writer | 3511 Views | 9 min read

Silverlake Axis Ltd (SAL), a leading provider of Digital Economy Solutions and Services to major organisations in Banking, Insurance, Payments, Retail and Logistics industries has announced completion of the acquisition of SIA X Infotech Group (X Infotech), a global provider of software solutions for identity documents and payment smart cards. This acquisition brings together perfectly

Enkryptis Leads the Way with New Key Injection Facility and Certification

Posted on by Staff Writer | 3933 Views | 14 min read

Enkryptis, a specialist payment security provider in South Africa, has announced it has achieved the Payment Card Industry Point to Point Encryption (P2PE) and PCI PIN security certifications for their state of the art key injection facility in Johannesburg. The assessments and subsequent certifications were completed by Foregenix, an accredited qualified security assessor and industry

VietinBank Achieves Verified by Visa Certification with Support from Compass Plus

Posted on by Staff Writer | 3344 Views | 4 min read

Compass Plus, an international provider of retail banking and electronic payments software to payment processors and financial institutions, has announced that Vietnam Joint Stock Commercial Bank for Industry and Trade (VietinBank), one of the largest card issuers in Vietnam, has made online transactions more secure for its customers. The bank, which utilises TranzWare e-Commerce from

Entersekt Gains Early Certification for E-Commerce Authentication Solution

Posted on by Staff Writer | 4291 Views | 8 min read

3-D Secure 2 access control server comes bundled with APIs for a wide range of in-app payment experiences Entersekt, an innovator in mobile-first fintech solutions, announced that it has gained EMVCo certification for its 3-D Secure 2 access control server. EMVCo is a payments industry consortium managing global specifications for secure card-based e-commerce transactions. Entersekt

Mastercard SpendingPulse: South African Consumer Spending Shows Moderate Uptick

Posted on by Staff Writer | 2894 Views | 9 min read

Consumers are ringing in the holiday season with a solid start to retail sales, according to Mastercard SpendingPulse, which looks at overall retail spending trends across all payment types. October – South Africa’s third biggest month for retail spending after December and November – saw retail sales rise 1.1 percent over the same month in

Intesa Sanpaolo turns to Gemalto for Italy’s First Biometric Contactless Payment Card Pilot

Posted on by Staff Writer | 2674 Views | 11 min read

Gemalto, the leader in digital security, is supplying Intesa Sanpaolo, the number one banking group in ltaly, with the first Mastercard biometric contactless payment card. The pilot promoted by Intesa Sanpaolo and Mastercard allows to test an EMV contactless biometric card for the first time in Europe. Consumers may simply tap their card to any

Interoperability: The Next Phase of Mobile Money

Posted on by Staff Writer | 5369 Views | 33 min read

This is the last of a three-part series on the importance of interoperability in the payments space. In the first article we looked at the early history of electronic payments and how interoperability played a key role in the success of credit cards and ATMs. In the previous article we will take a closer look

Mastercard Meets with CBK Governor to Discuss Kenya’s Digital Payment Ecosystem

Posted on by Staff Writer | 3482 Views | 3 min read

As part of his visit to Kenya, Tim Murphy, General Counsel at Mastercard met with Patrick Ngugi Njoroge, Governor of the Central Bank of Kenya to discuss their shared commitment to bringing the latest digital payment safety and security technologies to east Africa. “Our goal is to provide Kenyans access to the tools and solutions