FSS | Microservices – A Vital Asset for Financial Institutions

Written by Benedict Xavier, Head – Payments Specialist Digital Banking, FSS Microservices are more commonly known for being the IT model that helped Netflix and Amazon scale to millions of customers worldwide. Netflix and Amazon are, however, not the only companies taking advantage of a scalable IT architecture. The Microservice model has grown to become

NCR Receives Final Regulatory Approval to Combine with Cardtronics from UK Competition and Markets Authority

NCR Corporation, a leading enterprise technology provider, has announced it has received final approval to combine with Cardtronics from the Competition and Markets Authority (CMA) of the United Kingdom. The CMA approved the transaction without any conditions. All regulatory approvals and consents are now secured, and the transaction is complete. “NCR and Cardtronics can now

EMVCo Publishes EMV® 3-D Secure UI/UX Guidelines

New interactive online resource to help card issuers, merchants and solution providers optimise the EMV® 3DS payment authentication experience for e-commerce consumers. Global technical body EMVCo has published EMV® 3-D Secure (EMV 3DS) UI/UX Design Guidelines to help card issuers, banks, merchants and solution providers optimise the EMV 3DS payment authentication experience for e-commerce consumers. The guidelines are publicly

Fiserv Recognised for Payments Innovation in 2021 PayTech Awards

Deposit Line from Fiserv recognized as Best Smart Payments Solution Fiserv, Inc., a leading global provider of payments and financial services technology solutions, has won the 2021 PayTech Award for the Best Smart Payments Solution. The PayTech Awards, now in their fourth year, recognize excellence and innovation in the finance and payment industry worldwide, and

Absa Group Reports Increased Earnings on Broad-based Recovery

Revenue increased 3% to R41.2 billion Operating costs rose 5% to R22.6 billion Cost-to-income ratio increased to 54.9% from 53.9% Pre-provision profit increased 1% to R18.6 billion Impairments fell 68% to R4.7 billion Headline earnings per share increased to 1 019.7 cents from 173.6 cents Return on equity improved to 15.3% from 2.6% Group CET

Women Entrepreneurs Lead the way in Digital Presence, According to Mastercard SME Research in Middle East and Africa

81% of women entrepreneurs across the Middle East and Africa have a digital business presence according to Mastercard MEA SME Confidence Index Latest research by Mastercard highlights high digitalization among women-owned businesses as opportunity for broader SME recovery and digital economy growth Despite the gender gap and social challenges, entrepreneurial women across the world and

Futurex Crypto Chat with Stanchion Payment Solutions: FinTech Innovations, Agility, What’s Next in Contactless Payments

Roland Allen, general manager, EMEA, Futurex, chats with Rudolf Smit, Managing Director: Africa, Stanchion Payment Solutions Roland: You work with payment companies around the world. Tell us about an interesting integration (or application). Rudolf: As a system integrator, we deliver a wide variety of projects and integrations globally. More recently, we did several Token Life

Ecobank Group Launches 2021 Edition of its Fintech Challenge

Applications have opened for entries from all start-ups and developers in any of Africa’s 54 countries and global Africa-centered Fintechs The Pan-African Banking Group seeks innovative start-ups to partner and collaborate with; Applications are now open. The pan-African banking group, Ecobank group, is inviting African Fintech entrepreneurs to join the 4th edition of the Ecobank

At the African Caucus 2021, Governor Seegolam Invites African Central Banks to Work Together to Roll Out Digital Currencies

Bank of Mauritius Governor Harvesh Seegolam was invited by the African Caucus to be one of the panellists at its hybrid 2021 meeting regrouping Ministers of Finance and Governors of central banks of all 54 African countries. This year’s edition of the Caucus, which was held in Burundi, focused on ‘Digitalization for Inclusive Recovery and

SWIFT Appoints Cheri McGuire as Chief Technology Officer

–    McGuire brings more than 30 years of international industry and government experience –    Previously served as Group Chief Information Security Officer (CISO) at Standard Chartered SWIFT has announced the appointment of Cheri F. McGuire as Chief Technology Officer (CTO). McGuire, previously Group Chief Information Security Officer (CISO) at Standard Chartered PLC, has extensive technology