NCR Named Number One POS Software Vendor Worldwide

NCR Corporation (NYSE: NCR), a leading enterprise technology provider, has been recognized as the number one global point of sale (POS) software vendor in research and consulting firm RBR’s Global POS Software 2022 report. NCR had the highest share of global POS software installations – 15% – ranking first for retailers and restaurant operators. NCR was

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,

A New Framework for the Conduct of Monetary Policy by the Bank of Mauritius

The Bank is introducing its new Monetary Policy Framework (MPF) effective 16 January 2023. The new framework is expected to address the deficiencies of the existing one and help to further strengthen monetary policy operations and the monetary policy transmission mechanism. The existing framework lacked a clearly defined nominal anchor and needed to be aligned

ACI Worldwide Launches Wallet Hub for Merchants with Access to 200+ Digital Wallets in 70+ Countries

Via a single integration, ACI Wallet Hub enables merchants to offer customers a wide range of Digital Wallet options, driving eCommerce sales and conversions ACI Worldwide (NASDAQ: ACIW), a global leader in mission-critical, real-time payments software, today announced the launch of ACI Wallet Hub, an integrated network that connects merchants in 70+ countries to a single hub for

Ingenico Announces Strategic Partnership with Klarna to Enable its Alternative Payment Solutions at Retailers Using PPaaS

Ingenico, a global leader in payments acceptance solutions, and Klarna, the global leader in the generational shift away from credit cards, today announced a global strategic partnership that will facilitate the roll out of Klarna’s flexible payment options at the point of sale using PPaaS, Ingenico’s innovative, cloud Payments Platform as a Service. In-store shopping

Mojaloop Foundation’s Walk the Loop Event in Tanzania Shows Path to Financial Inclusion – Desire Kachenje

In Swahili, “Mojaloop” means “one loop.” The Mojaloop Foundation strives to create one financial services loop for everyone. The Mojaloop Foundation’s open source software, Mojaloop, was designed to provide a reference model for inclusive instant payment interoperability to overcome barriers that have slowed the spread of digital financial services. Using Mojaloop, central banks, hub operators,

Fraud Trends Every CFO Should Know

PwC’s Global Economic Crime and Fraud Survey 2022 revealed that 46% of organisations have experienced fraud, corruption, or other economic crimes in the last 24 months. Ryan Mer, CEO of eftsure Africa, a Know Your Payee™ (KYP) platform provider, gives a rundown of what to look out for. 1.Fraud protection is no longer optional It’s hard

CR2 Partners with Entrust to Enhance Cardholder Digital Payment Experiences

CR2 partners with Entrust to enhance digital payments security, customer confidence and digital transaction volumes. CR2, a world leader in the digital banking and payments platform industry has formed a technology partnership with Entrust, a leading enabler of trusted identities, payments and digital infrastructure. This partnership will provide CR2’s bank customers with a secure, seamless

Exploring Multilateral Platforms for Cross-Border Payments – report

Joint report by the BIS Committee on Payments and Market Infrastructures (CPMI), the BIS Innovation Hub, the International Monetary Fund (IMF) and the World Bank.  Find the link to the report here. Multilateral platforms could enhance cross-border payments by reducing the need for intermediaries and allowing payment services providers in different jurisdictions to transact directly

ATM Outsourcing Remains a Critical Cost-Cutting Solution for Deployers

Over half of ATMs across the globe now have their cash replenishment outsourced, as deployers look to third parties to increase the reliability of their machines and maintain profitability North America sees high levels of cash replenishment outsourcing RBR’s Global ATM Market and Forecasts to 2027 study reveals that half of the world’s ATMs had