Ingenico Announces Leadership Transition Plan

Ingenico, a global leader in payments acceptance solutions, announced today that Matthieu Destot will step down as Chief Executive Officer and as a member of the Supervisory Board (the “Board”), effective immediately. The Board will conduct a search for a permanent successor. During the transition period, the Board has appointed Rolf Stangl and Gerrard Schmid,

New POS Software Adoption Accelerates as Retailers Embrace Omnichannel

Retailers across all sectors are seeking applications to improve customer service, expand in-store touchpoints and future-proof operations Deployments increase across all sectors There were 8.7 million POS software installations globally at major retail and hospitality operators as of June 2022, according to Global POS Software 2022, the latest study by strategic research and consulting firm

OpenWay Launches Card-and Wallet-as-a-Service Platform for CaaS Providers Across the Globe

OpenWay proudly announces that its Way4 Card-as-a-Service enabling platform, recently launched in Europe and already recognized as one of the top CaaS technology solutions on the market, is now available to Card-as-a-Service and Wallet-as-a-Service providers all over the world. The solution is based on the award-winning Way4 digital payment platform. It is designed for CaaS

Welcome to the Next Generation of Point of Sale (POS)

New digital Point of Sale platforms are gaining traction which means payment providers and investors should take note. It’s hard to believe that a DVD mail-order business has redefined what it means to stream digital content for the global age. And yet, that is precisely what Netflix has done. From its humble postal beginnings in

Open Banking Could Drive financial Inclusion Across Africa. Here’s How.

By Karen Nadasen, CEO of PayU South Africa The Bill and Melinda Gates Foundation identified five key ways that African countries can include more than 400 million people into the digital economy, with one of the key themes being the importance of exploring a pathway to open banking. Open banking promotes fairness, competition and innovation

Ground-Breaking SWIFT Innovation Paves Way for Global Use of CBDCs and Tokenised Assets

SWIFT has successfully shown that Central Bank Digital Currencies (CBDCs) and tokenised assets can move seamlessly on existing financial infrastructure – a major milestone towards enabling their smooth integration into the international financial ecosystem. The findings, from two separate experiments, solve the significant challenge of interoperability in cross-border transactions by bridging between different distributed ledger

Predictive Data Intelligence Removes Hurdles to Instant Cross-Border Transactions Over SWIFT

New capability leverages SWIFT’s insight on millions of daily transactions to flag upfront when a payment may stall because of incorrect payee details Innovation is latest in SWIFT’s strategy to eliminate friction and drive instant international payments around the world  As part of its ambitious strategy for instant and frictionless transactions, SWIFT today announces a

Paysend Partners with Damane Cash to Enable Transfers to Morocco

Paysend, the UK-based FinTech with over 7 million customers, today announces a partnership with Damane Cash, a payments institution and subsidiary of Bank of Africa, to enable money transfers to Morocco. With features such as low fixed fees, upfront exchange rates, faster transfer speeds and the ability to make instant, digital end-to-end international payments, this

One in Ten U.K. Consumers Victim of Payments Fraud – ACI Worldwide Report

Online fraud and digital wallet hacking now account for nearly 20% of U.K. fraud Individuals falling victim to confidence tricks has increased to 12.8% ACI Worldwide calls for a radical rethink of fraud fighting strategies and industry-wide collaboration More than one in ten people in the U.K. (12.1%) have fallen victim to payments fraud in

Pent-up Demand Drives Recovery in EPOS Shipments

Activity in the global EPOS market bounces back, as retailers return to refreshing their hardware following a difficult 2020 EPOS shipments rise as pandemic restrictions ease 2021 marked a year of recovery for the global programmable EPOS market, with shipments increasing by 18%, according to Global EPOS and Self-Checkout 2022, the latest study by strategic