SWIFT announces the launch of an ‘in-flight’ payment investigation and resolution service, available in the cloud, in a significant expansion of its network-wide payments validation toolkit. The new capability allows for dynamic query handling between banks on the SWIFT network, enabling them to quickly resolve instances in which required operational, regulatory or compliance information is
Payment leader Ingenico Group has launched LinkPlus, a simple and secure solution for businesses who handle payments over the phone. The solution enables online businesses to send payments through a link or QR code, removing the need to manually process unsecured credit card details or banking information. Despite the best efforts of airlines, hotels, retailers
Mastercard and Edenred has announced the first regional test of biometric card technology in Mexico. The effort, focused on state benefits programs, features an embedded fingerprint sensor that provides an additional layer of security to conveniently verify the cardholder’s identity for in-store purchases. “The Administration for Sonora state is committed to technological innovation and the
The EBRD is continuing its drive to increase the efficiency of Morocco’s small and medium sized enterprises by raising the competitiveness of Societe Maghrebine de Monetique S.A (S2M), a Moroccan firm that develops e-payments systems and is listed on the Morocco stock exchange. Under the Bank’s Blue Ribbon programme, a €2 million loan will further
Visa Inc. has announced the launch of Visa Developer, a milestone that transforms the world’s largest retail payments network to an open platform that will drive innovation in payments and commerce. For the first time in the company’s nearly 60 year history, software application developers will have open access to industry leading payments technology, products
First National Bank Namibia has announced today that UnionPay cards are now accepted at all FNB Point of Sale terminals nationwide. “This means that close to 4500 FNB merchant terminals now enabled for UnionPay cardholders around the world to enjoy easy, convenient and secure payment experiences when visiting Namibia, from shopping, dining, to transportation and
UnionPay International announced today that the partnership with Steward Bank Limited (Steward Bank), which is the one of the largest banks in Zimbabwe, to issue 150,000 UnionPay international prepaid cards and 50,000 inclusive debit and credit cards. The international prepaid cards will be used by Zimbabweans traveling abroad, while the debit cards will be used
AfrAsia Bank, headquartered in Mauritius with a representative office in South Africa has chosen Oracle Human Capital Management (HCM) Cloud Application to deliver an exceptional employee experience, retain best talent and be recognised as an employer of choice. Under this implementation, the bank created a single point of truth for its 400 employees providing more
Omnio Group, a leading global fintech, and Token.io Limited, a turnkey open banking platform provider, have partnered to deliver open banking and PSD2 compliance to Omnio’s financial institution customers. The new partnership follows Token’s recent wins with thinkmoney and Tandem Bank, both of which are integrating TokenOStm. Omnio’s award winning digital banking platform, bank.VISION, supports
Visa has introduced a new platform with a set of beta APIs, specifications and development tools for issuers and issuer processors to begin building and beta testing new payment products to help meet the future needs of digital-first consumers. The offering will be available to clients and partners via Visa Next, a new destination for
