FSS, one of India’s largest payments processor and a leading global provider of integrated payment products, and US-based Oracle Financial Services, will collaborate to enhance digital payments for banks. As part of this strategic relationship, FSS will provide specialized integration and hosting services for Oracle’s cutting-edge Oracle Banking and Payments solutions. FSS will also extend
SME Finance Forum presents the Global SME Finance Forum 2019, taking place at Hilton Amsterdam Airport Schiphol on October 7-9th, attended by 500+ senior executives from commercial banks, development finance institutions, fintech companies, regulators, and featuring study visits, a B2B marketplace, fintech expos, and much more. SME Finance Forum is proud to bring the Global SME
Standard Bank has retained its position as South Africa’s most valuable brand, according to the second edition of the BrandZ Top 30 Most Valuable South African Brands report. The annual study and evaluation of brands is conducted by global market research and insights firm Kantar, and communication and branding giant WPP. It values the Standard
SoftPOS enables Samsung mobile devices to be used for contactless transactions of any amount with no additional equipment First Data, now part of Fiserv, a leading global provider of payments and financial services technology solutions, together with Visa, a global leader in digital payments, and Samsung Electronics, will showcase the company’s new Software Point of
As in many developing countries, cash has been the most prevalent mode of payment in Nigeria until 2012 when the Central Bank of Nigeria (CBN) introduced the cashless policy with the aim of promoting the use of electronic payment channels instead of cash. Since then, banking services in Nigeria have shifted from physical and tangible
Paycorp Group (“Paycorp”) today announced the sale of its stake in Tutuka, a global payments enabler in emerging markets, to global financial services investors Apis Partners. Paycorp, an investee company of leading growth markets investor Actis, acquired a stake in Tutuka in 2015. Today, the company processes over US$ 1.2 billion in transactions annually for
ATMIA’s ATM Security Association (ASA) today published the2019 Global Fraud and Security Survey, one of the most comprehensive security reports in the ATM industry. The percentage of respondents reporting a general increase in ATM crime rose slightly from 54% in 2017 to 58% this year, the report found. Specific types of threats are covered in
Industry co-operative publishes new API standard for Pre-authorisation of funds SWIFT today publishes a new API standard for the Pre-authorisation of funds, paving the way for further innovation in financial services enabled by open banking. The new standard allows a payer’s bank to earmark funds for a purchase in advance, guaranteeing that the future payment
GCB Bank Limited, after being voted the Best Bank in Ghana in Anti-Money Laundering (AML) Compliance, has now emerged as Africa’s Best Bank in Compliance. GCB was rated the best among five banks across the African continent namely FNB (South Africa), Standard Chartered Bank (Kenya), BANGE (Equatorial Guinea) and BAI (Angola). This recognition was announced
In 2017, the Nigerian agriculture sector witnessed a revolutionary discourse on the economic benefits of sustainable agriculture value-chain as an alternative source of economic development and foreign exchange with the launch of FirstBank Agric Expo. It was a first-of-its-kind initiative that afforded the bank the opportunity to aggregate top players in the agricultural sector under
