Stanchion Payments, a prominent global provider of payment technology, is thrilled to announce the appointment of Pierre Aurel as its new Chief Product Officer. With a remarkable track record in payment product development and innovation, Pierre brings a wealth of experience to his role in Stanchion’s dynamic and expanding team. Pierre Aurel’s achievements include spearheading
The need for organisations to protect themselves against quantum threats to cybersecurity is becoming increasingly important as quantum-computing technology advances. Quantum computers have the potential to break many of the encryption techniques currently used to secure data, and this poses a significant risk to organisations in the payments industry. Understanding Quantum Threats in the Payments
Network International Holdings Plc has announced its interim financial results for the half year ended 30 June 2023. The company reports good H1 2023 results with total revenue growing 19% in constant currency year-on-year (y.o.y.) demonstrating broad-based growth across all regions and business lines, with the total value of consumer payments processed with merchants across
Ecobank, the leading pan-African Banking Group, has been named Africa’s Best Bank for SMEs (small and medium-sized enterprises) by the prestigious Euromoney Awards for Excellence for the second year running, having also won the accolade in 2022. Jeremy Awori, Chief Executive Officer, Ecobank Group, said: “This award reflects Ecobank’s absolute commitment to supporting African SMEs
This move will enable Access Bank to expand its operations in Europe, strengthen its international presence, and deepen its relationships with global clients As part of its strategic moves to boost trade and investment between Africa and Europe, Access Bank Plc, one of Nigeria’s biggest financial services institutions, has established a new subsidiary in Paris,
The growth of application programming interfaces (APIs) continues unabated. However, as new regulations like PSD3 gather momentum, the call for API standardisation could be the next catalyst for an innovation leapfrog. And South African businesses who place designing for developers at the heart of their API projects are the ones most likely to reap the
The strategic purchase of Phos is a next step in Ingenico’s evolution towards software-driven services, following recent acquisition of Ingenico by the investment funds managed by affiliates of Apollo Global Management (the “Apollo Funds”) in September 2022. Ingenico, the global leader in payments acceptance solutions, announces its acquisition of 100% of Phos, a leading provider
95.0B real-time payments (RTP) transactions were recorded globally in 2022, a YoY growth of 63.2%, according to the 2023 Prime Time for Real-Time report from ACI Worldwide and GlobalData India remains the undisputed RTP leader — responsible for 46% of all transactions worldwide — followed by Brazil, China, Thailand and South Korea Governments and regulators around the world are taking steps to drive
Truzo’s UK digital escrow service enables African businesses to transact with trust, offering lower fees to help fight inflation Truzo, the first African-focused FCA-approved digital escrow service, officially launches in the UK this week. An established and fast-growing player in South Africa, Truzo now makes transactions between the UK and South Africa safer and more
Investment in devices deployed both in the back office and at the point of sale is increasing, with more than 900,000 units installed globally at end-2022 Security concerns drive smart safe expansion RBR’s brand new study, Retail Cash Automation 2023, reveals that the number of back-office cash automation devices installed globally, including smart safes and
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