Standard Bank has welcomed Atedo Peterside as the newest member of their board of directors. He joins the Standard Bank Group board and that of The Standard Bank of South Africa Limited as a non-executive. Mr Peterside is Chairman of Stanbic IBTC Plc, which is Standard Bank Group’s operation in Nigeria. Mr Peterside obtained a
The Board of United Bank for Africa Plc announced the appointment of Mr. Tony O. Elumelu, C.O.N. as Chairman, succeeding Ambassador Joe Keshi. Mr. Elumelu is Chairman/CEO of Heirs Holdings, the pan-African proprietary investment company, he founded in 2010, which holds stakes in a number of leading African businesses, including Nigeria’s largest conglomerate by market
Allied Wallet, a globally leading provider of online payment processing, multi-currency merchant services, and a PCI Level 1 secured payment gateway, has been awarded as an INC 5000 company for 2014, recognizing their incredible growth and award-winning solutions. Allied Wallet was previously recognized in 2012 as an INC 500 company. Since then, they’ve expanded to
Rabobank Group recorded net profit of EUR 1,080 million in the first six months of 2014. The result was reduced by EUR 214 million by the resolution levy, a non-recurring levy by the Dutch government for the banking sector in connection with the nationalisation of SNS Reaal. Following a weak first quarter, the economic recovery
Ingenico Group, global leader in seamless payment, has joined with FreedomPay, a state-of-the-art commerce platform and payment processor, and ScanSource, Inc., the leading international value-added distributor of specialty technology products, to release the first Payment Card Industry-certified, fully-functional, point-to-point encryption payment solution in North America. Leveraging secure devices, applications and processes – Ingenico’s On-Guard and
Wells Fargo began accepting applications through October 1 from young companies interested in joining the new Wells Fargo Startup Accelerator, a semiannual boot camp for innovators whose technology ideas in payments, deposits, fraud, operations and other fields could shape future customer experiences in financial services. Wells Fargo will make a direct equity investment of $50,000
NCR, the global leader in consumer transactions technologies, announced that ING-DiBa, Germany’s third largest private consumer bank with over eight million customers, has installed NCR Solidcore Suite for APTRA security software. Each of ING’s 1,300 ATMs has been equipped with this comprehensive protection that prohibits the introduction of unauthorized code on ATMs and protects them
Global, multi-channel payment service provider DataCash, a MasterCard Company, has today announced a new partnership with one of the leading automatic invoice specialists Cloud 9 Group In today’s economy organisations of all sizes strive to eliminate inefficiencies in their accounting systems and look for alternatives to traditional paper invoicing, which can sometimes be both cost-
Heartland Payment Systems , the nation’s fifth largest payment processor and a leading provider of merchant business solutions, announced that it acquired Leaf, creator of a mobile Point of Sale tablet specifically designed for commerce. Leaf’s cost-effective product helps retail stores, restaurants, and other local merchants improve the speed and ease of checkout and offers
ATMIA has published new international industry recommendations for maximizing the ATM user interface for about 2.4 million ATMs worldwide. The document focuses on recommendations regarding the accessibility, speed, operability, and security of ATMs. “The importance of the ATM as a customer service channel is growing,” explained CEO Mike Lee. “We’ve identified opportunities to enhance the
