Emerging Markets Payments (EMP) announced that Murat Ozulku has been appointed CEO of its Bank Processing Division, replacing Hoda Shoukry, who has retired after an illustrious career. EMP is a leading pan-African and Middle Eastern payments company. Its Bank Processing Division provides outsourced payments solutions, ranging from card procurement and personalisation and card hosting through
Ingo Money has announced the addition of Charles Potts as executive vice president of Business Development and Enterprise Sales, where he will oversee the development and implementation of the company’s enterprise growth strategy. In this role, Potts will help lead the overall business and product strategies for Ingo Money’s direct and indirect sales to financial
With Card Data Security such a key component to the continued success of today’s merchants, it’s vital for transaction processing systems to maintain strict security levels and keep current on the compliance requirements set by the Security Council that governs the Payments Industry. eProcessing Network, LLC (ePN), an independent payment gateway and software development company
American Express Company has reported fourth-quarter net income of $1.3 billion, up from $637 million a year ago. Diluted earnings per share rose to $1.21, from $0.56 a year ago. Excluding expenses associated with the merchant litigation settlement agreement announced in late December, fourth-quarter adjusted net income was $1.3 billion, or $1.25 per share. The
Consistent competitive pressures are forcing banks to look at new ways of gaining competitive advantage, often in the form of spending more finances and time in making sure their core banking systems are immaculate. Hence the need to gain better decision making skills to ensure resources are spent effectively in upgrading core banking systems. The
Following recent cyber-attacks and data leaks on retail giants Target and Neiman Marcus over the festive period, data security and forensics experts Foregenix have announced the launch of their latest data security solution that reduces the root cause of online fraud – Foregenix Security Essentials (FSE). This integrated solution reduces the risk of attacks on
Celerant Technology has announced its new retail management system, Stratus Retail. This entry into Celerant’s line of integrated solutions allows retailers the freedom to access the complete functionality of a robust turnkey POS suite through web browsing software on any internet enabled device, including tablets and smart phones. Stratus Retail continues Celerant’s long held strategy
Toshiba Global Commerce Solutions, a provider of point of sale technology, will showcase its portfolio of Point of Sale solutions at Retail’s Big Show. The Toshiba booth and showcase will feature its diverse solutions, with a focus on mobility and the meaning of mobile commerce for the future of retail. A major mobile point of
Since TCI organised the first ever conference in South Africa that highlighted the payments industry in 2012, the payments landscape has changed considerably. With an increase in competition in the payment industry, financial institutions, retailers and service providers are under constant pressure to be on the forefront of new developments. With the role of technology
NCR Corporation, a provider of consumer transaction technologies, has announced that it has completed its previously-announced acquisition of Digital Insight Corporation, a provider of online and mobile banking solutions, from Thoma Bravo, LLC for $1.65 billion in cash. “Our acquisition of Digital Insight comes at a time when financial institutions around the world are looking
