SWIFT announces that it is to open its world-leading Know Your Customer platform, The KYC Registry, to corporates. In a first step, from Q4 2019, all 2,000 SWIFT-connected corporate groups will be able to join The KYC Registry, and use it to upload, maintain and share their KYC information with their banks. Enabling corporates to
World-leading biometrics company, Fingerprint Cards has launched a new enrollment demo for biometric payment cards, a concept that enables consumers to quickly and securely add their fingerprints to cards before even taking it out of the box. The powered box solution has been designed to simplify and enrich the user’s first touch-point with their new payment
Women entrepreneurs in Nigeria who desire affordable and convenient funding to boost their respective businesses, can now do so. This is because Women in Business at First City Monument Bank Limited (FCMB) are set to launch a proposition that offers zero-interest rate on loans to small and medium scale enterprises (SMEs). The development is in
The Group Chief Executive Officer of the Guaranty Trust Bank (GTBank) Plc, Mr. Segun Agbaje has said the bank is committed to building a strong robust banking platform to drive financial services and accommodate the effects of disruptive technology in Nigeria. Agbaje said this at the 2019 edition of the Social Media Week in Lagos
Ecocash, the mobile payments giant and subsidiary of Cassava FinTech, has announced its partnership with cashbackAPP, the international loyalty and advertising business. This deal is set to disrupt the market in Zimbabwe and significantly enhance the value proposition to Ecocash merchants and customers in the form of Ecocash Rewards, a highly innovative programme which will
Samsung Pay users can now wire money internationally through their mobile phones and save in fees compared to sending money overseas via conventional remittance route. Samsung Electronics Co. said Wednesday that it has begun the beta version overseas remittance service on its mobile payment system Samsung Pay in partnership with local foreign money transfer operators
Fuel brand Conoco launched Mobile Pay, a new payment feature in its My Conoco app, a convenient app that allows consumers to find the nearest Conoco gas stations, track KickBack Points and stay up to date on promotions. With the My Conoco app, people can now pay at the pump and in-store on their mobile
GAAP revenue growth of 2 percent in the quarter and for the year; GAAP EPS from continuing operations decrease of 43 percent in the quarter and up slightly for the year; Internal revenue growth of 4.5 percent in the quarter and for the year; Adjusted EPS increase of 24 percent in the quarter and 25
NCR Corporation reported financial results today for the three months ended December 31, 2018. Fourth quarter, full year and other recent highlights include: Fourth quarter revenue of $1.80 billion, up 1% as reported; Full year revenue of $6.41 billion, down 2% as reported Fourth quarter GAAP diluted EPS of $(0.39); Fourth quarter non-GAAP diluted EPS
Internet users in emerging markets outnumber those in developed markets by a ratio of 2:1. Yet many emerging markets have struggled to access the benefits of digital commerce. The global market in digital commerce is estimated to reach more than $3 trillion this year, yet Africa claims less than $20 billion in ecommerce revenue. Rwanda
