BitPay, a merchant processor for virtual currencies, announced that in November it processed a record 55,288 bitcoin merchant transactions, representing a 165% increase from October. Strong activity from KNC Miner, Gyft, and Amagi Metals led the increase. During the Bitcoin Black Friday event on November 29, BitPay processed 6,296 bitcoin transactions in a single day,
Jacko Maree was honoured recently, by The Banker magazine, with a lifetime achievement award for his contribution to banking. Jacko’s banking career spans more than 32 years. Of these, Jacko was Chief Executive of Standard Bank Group for 13. The Lifetime Achievement award is not made every year. The award is decided by an editorial committee to
Akiba Commercial Bank has been ranked as the best customer-focused bank in Tanzania mainly on convenience, pricing and commendable customer care factors. Customer care and pricing factors were seen as being among the most important indicators for many respondents, leading almost half to say that they would change their bank as a result of poor
One year ago, in November 2012 iVeri announced the launch of mPress, a comprehensive MPos product for Financial Institutions. When MPress was deployed by a customer in February 2013 it was the first MPos deployement in Africa and one of the first worldwide. The team at iVeri are very proud that one year after the
First Data Merchant Solutions, First Data’s direct-to-market merchant acquiring business, and Diners Club International, a business unit of Discover Financial Services, today announced the go-live of their merchant acquiring agreement in the UK. The deal will allow First Data Merchant Solutions clients to readily accept all cards on the Discover Global Network including Diners Club
Fiserv, Inc. a provider of financial services technology solutions, has published a new white paper that explains how an ongoing forward-looking mobile banking strategy can help financial institutions to win mobile banking customers and enhance profitability. Consumers are expecting increasingly sophisticated mobile banking capabilities, and delivering these capabilities requires financial institutions to move beyond short-term
United Bank for Africa (UBA) Plc, the pan- African financial services group is delighted to announce the appointment of Ambassador Joe Keshi as Chairman of the Board. Ambassador Keshi was appointed to the Board of UBA in 2010 and was made Vice Chairman on January 1, 2011. He has over 35 years working experience at
MasterCard has introduced the Priceless Africa campaign to South Africa, bringing the global Priceless Cities programme to Africa for the first time. Dedicated to bringing consumers closer to their passions while celebrating the spirit of Africa, the popular campaign offers a collection of special discounts and rare experiences, curated just for MasterCard cardholders. Travel, attractions,
Allied Wallet, a provider of online credit card processing and multi-currency merchant services, was voted #1 Payment Solutions Provider by thousands of entrepreneurs, readers, and writers in the United Kingdom according to a survey performed by Start Your Business Magazine. Allied Wallet was announced as a winner in the 2013 Start Your Business Awards at
Datacard Group, the world leader in secure ID and card personalization solutions, and Barnes International, a leading provider in the development and supply of Chip Card Test Tools and Magnetic Stripe Analysers, announced that they have integrated the Barnes smart card verification technology into the Datacard® MX Series Quality Assurance (QA) module. Currently, the Datacard
