Cybersecurity Leaders Launch Initiative for Interoperable Security Technologies to Thwart Attacks

Posted on by Staff Writer | 2838 Views | 17 min read

The OASIS international consortium announced an industry initiative to bring interoperability and data sharing across cybersecurity products. With initial open source content and code contributed by IBM Security and McAfee, and formed under the auspices of OASIS, the Open Cybersecurity Alliance (OCA) brings together organizations and individuals from around the world to develop open source

Bankmed Launches First Deployment Of DN Series™ In Lebanon

Posted on by Staff Writer | 3919 Views | 13 min read

Diebold Nixdorf’s new, integrated ATM solution with cash recycling provides increased efficiency, functionality and security Diebold Nixdorf (NYSE: DBD), a global leader in driving connected commerce for the banking and retail industries, announced today that Bankmed is the first to deploy its new DN SeriesTM self-service solution in Lebanon. Bankmed is also the first bank

Visa Investing in South Africa to Extend its Payments Network

Posted on by Staff Writer | 3935 Views | 7 min read

Visa has announced plans to establish localised processing infrastructure in South Africa.  The new infrastructure will supplement the company’s global processing network VisaNet and serve both domestic and international payments for South African clients. VisaNet is one of the world’s most advanced processing networks delivering secure, reliable and scalable transaction processing and value-added payment services.

MCB Signs the UN Principles for Responsible Banking

Posted on by Staff Writer | 3851 Views | 4 min read

MCB is one of the founding signatories of the Principles for Responsible Banking, pledging to strategically align its banking activities with the Sustainable Development Goals and the Paris Agreement on Climate Change. These Principles for Responsible Banking are a joint initiative of banks, in particular, 30 founding institutions and the United Nations, through the UNEP

Ingenico Launches Full Suite of Chinese Payment Methods for International Ecommerce Players

Posted on by Staff Writer | 3303 Views | 9 min read

Ingenico Group, the global leader in seamless payment, is transforming how international ecommerce companies operate in China. By introducing a suite of payment methods that fully caters to the preferences of local consumers, Ingenico will enable online businesses to gain better access to one of the world’s most significant online markets. As 82% of the

PayGate and Retail Capital Join Forces to Launch New Short-Term Finance Offering

Posted on by Staff Writer | 4014 Views | 11 min read

New short-term finance launched to help merchants cash in on Festive sales. Local Payment Service Provider, PayGate has partnered with Retail Capital to provide businesses with short-term working capital. The co-created Easy Advance product will allow merchants to gear up to take advantage of the approaching Black Friday and Festive Season opportunities. “Over the last

Mastercard Launches Threat Scan to Assess Bank Fraud Exposure

Posted on by Staff Writer | 3174 Views | 9 min read

Identifying authorization system vulnerabilities for issuers before exploitation and fraud loss can occur Mastercard today announced Threat Scan, a unique global service that helps banks proactively identify potential vulnerabilities in their authorization systems. The service was showcased this week at the Mastercard Cybersecurity Summit in Croatia. Cyber criminals are relentless in their efforts to exploit

Capitec’s Acquisition of Mercantile Bank Holdings Limited and Its Subsidiaries

Posted on by Staff Writer | 4349 Views | 5 min read

We are pleased to announce that the Minister of Finance and other Regulatory Authorities have formally approved Capitec’s purchase and acquisition of Mercantile Business Bank. This is an exciting timing for both Capitec and Mercantile and brings new opportunities as we build Capitec’s Business Banking offering off the “firm foundation” of Mercantile. Why did we

Juvo Unveils ‘Financial Identity as a Service’ to Unlock Financial Services for 3.9bn Underbanked Consumers

Posted on by Staff Writer | 2819 Views | 14 min read

In partnership with mobile operators, financial institutions and merchants, Juvo aims to build financial profiles for the 68% of adults worldwide who have no formal credit history Juvo, a pioneer of financial identities for the underbanked, unveils Financial Identity as a Service (FiDaaS). FiDaaS is a technology suite that builds financial identities by utilizing alternative

Orient Bank Uganda Limited Partners UnionPay for Card Acquiring Business

Posted on by Staff Writer | 3906 Views | 7 min read

Orient Bank Uganda Limited and UnionPay International have announced recently that UnionPay Cards are now accepted at all ATMs and POS terminals of Orient Bank in Uganda. Orient Bank is one of the leading and fastest growing banks in Uganda. Annoucing the partnership in Kampala today, Darshana Bhatia, Orient Bank ED said, “This is yet