Strong digital growth Full year operating margin 20.1% Over $740 million returned to shareholders in 2018 Quarterly dividend increased 5% The Western Union Company (NYSE: WU), a global leader in cross-border, cross-currency money movement, today reported financial results for the 2018 fourth quarter and full year and provided its financial outlook for 2019. GAAP earnings
Kenya’s Safaricom, the telecommunication company that is driving the country’s financial inclusion through mobile money is bigger than most of the country’s banks. Investigation by Businessday revealed that some Nigerian banks worry that Africa’s largest economy may take after Kenya if Telcos are given the same opportunity but Access and Diamond bank, due to be
Vendor Pay marks the first time businesses can choose to use a card to make vendor payments within a Bill.com solution. Businesses can now efficiently reconcile payments, earn the rewards1 of their Business or Corporate Card and improve working capital. American Express and Bill.com have announced a strategic partnership with a new offering: American Express
Spain has embraced the online experience with over 96% of 16-44 year olds logging on daily Allied Wallet, a globally leading provider of mainstream online payment processing, is now compatible with SOFORT, Trustly, CaixaBankWallet, and iupay to better serve over 23 million online shoppers in Spain. Spain has embraced the online experience with over 96%
Setting a new tempo for brand expression, Mastercard debuts its sonic brand identity, a comprehensive sound architecture that signifies the latest advancement for the brand. Wherever consumers engage with Mastercard across the globe – be it physical, digital or voice environments – the distinct and memorable Mastercard melody will provide simple, seamless familiarity. The news
Powered by Kony DBX, CFG Bank’s Digital Banking App Provides a Unique Digital Experience to Meet Customers’ Modern Banking Needs Kony, Inc., a leading provider of digital banking solutions, and CFG Bank, an innovator in retail commercial banking in Morocco, has announced their collaboration on CFG Bank’s digital banking application. With customers expecting a simple
The Nigeria Army in conjunction with First Bank of Nigeria Limited on Tuesday launched “Agent Banking Scheme” for army personnel at the 20 Battalion Serti in Taraba. The Chief of Army Staff, Lt. Gen. Tukur Buratai explained that the aim of the scheme was to bring banking services closer to the barracks community especially the
The ATM Security Association (ASA) and the ATM Industry Association (ATMIA) this week signed a final agreement to join forces and work together on a permanent basis. ASA will retain its name and logo and will now fall under the governance and ownership of ATMIA. “After just over a year of fruitful discussions, negotiations and
Nicolas Huss, Chief Executive Officer of Ingenico Group, appoints Michel-Alain Proch as Chief Financial Officer (CFO), replacing Nathalie Lomon who has decided to leave the company. Ingenico Group, the global leader in seamless payment, has announced the appointment of Michel-Alain Proch as Chief Financial Officer (CFO), effective February 4th 2019. Michel-Alain brings more than 25
First Bank of Nigeria Limited and Azuri Technologies, a leader in pay-as-you-go solar technology, has announced a unique partnership that will help deepen financial inclusion in Nigeria while bringing affordable, reliable and clean power to millions of Nigerians. Under the partnership, Azuri’s solar home TV product will be co-branded and co-marketed by FirstBank and Azuri.
