Ecobank Transnational Incorporated (ETI), parent company of the Ecobank Group, announces that Tomisin Fashina has been appointed as its new Group Executive for Operations & Technology, a position he will now hold in addition to his existing role of Managing Director of eProcess International. Ade Ayeyemi, CEO Ecobank Group said: “The rapidly accelerating digital adoption
ATMIA today published a public position paper recommending the widespread adoption of Universal Cash Deposit systems and standards for ATM networks worldwide. “Japan led the way with the first cash-recirculating ATM in 1982, and deposit-taking ATMs and recirculating ATMs are now quite popular,” commented Mike Lee, CEO of ATMIA and Chairperson of the Consortium for Next Gen
The seasonally adjusted Absa Purchasing Managers’ Index (PMI)rose for a third consecutive month to reach 57.4 index points in March, from 53 the month before. The increase was supported by an improvement in all five subcomponents relative to February. Only the employment index remained stuck below the neutral 50-point mark with the other four key
Worldline accelerates the digital transformation of commerce with its new AXIUM platform, comprising of innovative Android POS solutions and an unrivalled suite of payment and business services. Worldline, through its Ingenico brand, today announces the launch of its POS AXIUM platform, the latest development in Ingenico’s evolution as an ecosystem enabler and the most trusted
More than 70.3 billion real-time payments transactions were processed globally in 2020, a surge of 41 percent compared to the previous year, as the COVID-19 pandemic dramatically accelerated trends away from cash and checks toward greater reliance on real-time and digital payments, a new global report from ACI Worldwide and GlobalData reveals. The second installment of ‘Prime-Time for Real-Time,’ first launched
Uber’s long-term partnership with Mastercard continues to grow with a new strategic initiative focusing on digital payments and advancing financial inclusions which will be facilitated by Mastercard across the Middle East and Africa (MEA). As a regional first, the partnership with Mastercard will enable Uber to drive digitization across their business operations, leveraging Mastercard’s single
Network International, the leading enabler of digital commerce across the Middle East and Africa (MEA), has announced the appointment of Egyptian national Hany Fekry as Regional President – Northern and Sub-Saharan Africa. In his new role, Hany will be responsible for all aspects of Network’s acquiring and issuing business in Egypt and Nigeria, and for
The card issued by United Capital Bank (UCB), a leading bank in the market was presented to Hamdok by Yousif Ahmed El-Tinay, CEO and General Manager of UCB UCB is planning to launch more Visa products for a growing customer base; Sudanese banks attracted about US 500 million dollars following the recent decision on the
Company continues to grow its global software presence; delivering expanded transaction capabilities and enhanced user experience Diebold Nixdorf was recently recognized by strategic research and consulting firm RBR in its “ATM Software 2021” report as the global leader in total ATM application software deployed, with a market share of 27%. Diebold Nixdorf also remains the
Pan-African fintech provides unprecedented reach on the African continent Pan-African fintech leader MFS Africa has announced that it now reaches over 320 million mobile money wallets, enabling a range of banks, telcos, money transfer operators, and other financial institutions interoperability at scale in Africa through a single integration point. Based on the 2021 State of
