New Buy Now, Pay Later (BNPL) program gives consumers a flexible, ubiquitous way to pay online and in-store through equal, interest-free installments – an additional choice to debit, credit or prepaid cards Mastercard Installments – set to go live this year – will give banks, lenders, fintech companies and wallets the ability to offer BNPL
Infobip, a global cloud communications company for businesses and a leader in omnichannel customer engagement, has implemented a WhatsApp-based chat banking solution for fintech start-up Afridig Wallets. Afridig founder and head of product development Zwelabantu Ntsubane says the Eastern Cape-based company is set to start operating in January next year, bringing to market a host
Financial technology leader FIS® has announced that it has been named to the America’s Most Responsible Companies 2022 list by Newsweek magazine. Newsweek’s third annual ranking identifies leading companies for corporate responsibility in the three areas of ESG – environment, social and corporate governance. FIS was selected and ranked from 2,000 companies evaluated in 14
Ingenico, a Worldline brand, confirms its leadership in unattended payments with the launch of Self-Modular, the world’s first unattended POS modular configuration to achieve PCI PTS v6 certification. This latest addition to the Ingenico Self Series portfolio of solutions means the range now comprehensively covers all verticals – such as vending, EV charging, transportation, parking
ATMIA has announced the launch of its 25th anniversary year logo to help the association commemorate a quarter of a century of service to the worldwide ATM industry. Founded in humble circumstances in Louisville, Kentucky, the not-for-profit association has expanded year on year to represent over 650 companies in 70 countries from all sectors of
Periculum helps its banking and lending customers identify fraud risk, assess creditworthiness, and analyze existing data The availability of domestic credit is a key requirement for consistent economic growth in developing countries. The vitality of financial services such as banking, savings, debt and equity financing, investment management, and point-of-sale lending is largely dependent on the
The informal economy in sub-Saharan Africa accounts for 38% of the region’s GDP[1]. What’s more, according to the International Labour Organization, retail and wholesale is the second biggest employer across the region after agriculture. However, informal retail Micro, Small, Medium-sized Enterprises (MSMEs) are largely underserved and underbanked. Plus, they face a distinct challenge: their scarce
Visa, the exclusive digital payment service provider of the TotalEnergies Africa Cup of Nations (AFCON) 2021, is marking this year’s competition in Cameroon by creating new one-of-a-kind experiences for cardholders and football fans and looking to further help expand access to the financial system in Africa. Visa is a global payments technology company that connects the world
Proparco is collaborating with South Africa’s third largest bank by assets, Absa Bank Limited, by granting it a senior loan of $20 million to contribute to its support plan for Corporate SMEs in the context of the continuing Covid-19 crisis. South Africa’s small and medium-sized enterprises (SMEs) represent more than 98 percent of all businesses,
Version 3.0 to Improve the Secure Manufacture, Production and Delivery of Payment Cards Today the PCI Security Standards Council (PCI SSC) announced the availability of the PCI Card Production and Provisioning Security Requirements version 3.0. The updated standard helps payment card vendors secure the components and sensitive data involved in the production of payment cards, protecting
