FIS Joins Forces with Microsoft to Advance Cybersecurity

FIS a provider of banking and payments technology, has announced its selection by Microsoft as a partner in the fight against cybercrime. The global companies signed a partnership agreement today at Microsoft’s Cybercrime Enforcement Summit in Redmond, Wash. Under the agreement, FIS representatives will work hand-in-hand with forensic analysts, software developers and researchers at the

Fiserv Launches Multi-Vendor Device Management Solution

Fiserv,  a provider of financial services technology solutions, has announced the availability of Device Manager: Terminal Connect, which enables direct connection of self-service terminals – ATMs, kiosks, passbook printers, cash recyclers and smart safes – to Device Manager, the device monitoring, performance measurement, and service dispatch and management solution from Fiserv. Device Manager: Terminal Connect

Western Union Reports Fourth Quarter and Full Year Results

The Western Union Company has reported financial results for the 2013 fourth quarter and full year, and its financial outlook for 2014. The Company also announced that its board of directors approved a new $500 million share repurchase authorization, which expires June 30, 2015. For the full year, the Company reported a revenue decline of

Internet Payments Company, FloCash, Announces Zimbabwe Launch

FloCash, a Pan African provider of electronic payment services, has started offering its online merchant processing service in Zimbabwe, commencing 1st February 2014. With Africa’s economy beginning to thrive and catch-up with the rest of the world in terms of innovation, connectivity and technology, FloCash is leading the way in driving Pan African commerce by

X-INFOTECH Presents Cards & Mobile Africa 2014 Conference and Exhibition

X-INFOTECH is pleased to invite you to attend the most attractive event for banking and mobile sectors in East and North Africa! Cards & Mobile Africa 2014 is held on the 25th of March, in the Nairobi Serena Hotel, in Nairobi, Kenya. Nowadays new payment technologies are rapidly developing and actively entering our everyday lifes.

Safaricom Partner with Skrill to Allow Diaspora to Send Money to M-Pesa accounts

Kenya’s Safaricom is set to sign a deal with Skrill, a US-based remittances and online payment company, allowing Kenyan diaspora to send money directly to M-Pesa accounts. “All you need to send money is the receiver’s full name and an M-Pesa mobile phone number. The money is then instantly deposited directly into their activated mobile

NCR Announces Fourth Quarter Results

NCR Corporation has reported financial results for the three months ended December 31, 2013. Reported revenue of $1.67 billion increased 2% from the fourth quarter of 2012. Fourth-quarter revenue includes an unfavorable impact of 2% as a result of foreign currency translation. Non-pension operating income in the fourth quarter of 2013 was $221 million and

Access Bank Opens Branch in Tabora

Access Bank Tanzania has opened a branch in Tabora Region to bring the number of its branches in the country up to ten, in accordance with its expansion programme. The branch opened recently offers a full range of banking services, business loans to micro, small and medium-sized entrepreneurs, Access Bank Chief Executive Officer, Mr Roland

New BA Card Launched in SA

The new British Airways Credit Card launched in Johannesburg today, now offers consumers exceptional benefits with the best Avios earn rate in South Africa. The card is tailored to meet the needs of frequent flyers, who will earn Avios at a preferential rate on all purchases on their credit card. It is designed to reward

MasterCard Names Tim Murphy General Counsel and Chief Franchise Officer

MasterCard has announced the appointment of Tim Murphy to general counsel and chief franchise officer, effective April 1, 2014. The appointment comes as Noah Hanft announces his retirement from MasterCard. Murphy also joins the company’s Executive Committee. Murphy, 46, joined MasterCard’s Law department in 2000 and became senior vice president and associate general counsel in