Online research specialists Columinate have released the results of the second annual Internet Banking SITEisfaction survey, a report on customers’ usage and perceptions of e-banking in South Africa. The survey quizzed over 1400 South African e-bankers on their online banking habits and attitudes, and revealed several interesting trends. The survey revealed that the South African
The first EMV compliant ATM in the U.S. is live and in use. NCR Corporation has begun upgrading ATMs at People’s United Bank with the new consumer card security technology, in conjunction with Vantiv and Pendum, the nation’s largest independent ATM service provider. The first upgraded ATMs are the People’s United Bank ATMs located at
The REWE Group, a diversified trading, travel and tourism group with turnover of 50 billion euros, is always testing new ways to make its IT systems more energy-efficient. The most recent example is the deployment of extremely low-power POS terminals. Over the next three to four years, the group will collaborate with its IT solutions
The Board of FirstRand Limited announced that Jacques Celliers will succeed Michael Jordaan when he steps down as CEO of First National Bank at the end of this year to spend more time with his family. Dr Jordaan, who has commuted for 5 years to and from his family home in Cape Town, first indicated
Earthport, the UK listed cross-border payments service provider, today announced the roll out of a fully automated payment service into Morocco. According to the release Morocco is one of the top remittance destinations on the African continent and the second largest remittance country in North Africa with an estimated $6.4 billion worth of payments received in
ROAM, an Ingenico company and mobile commerce platform provider, and iPayment, Inc., a leading acquirer (and a registered ISO/MSP of Wells Fargo Bank, one of the USA’s largest banks), announced a new program in which iPayment will use ROAM’s mobile commerce platform to deliver a suite of mobile point of sale (mPOS) solutions to its merchants
Vantiv, Inc. announced today a strategic relationship with NCR Corporation, to bring mobile point-of-sale (POS) and payments solutions to the small business market. Vantiv services nearly 400,000 merchant locations across the US and is the No. 1 PIN Debit processor and third largest overall acquirer in the United States by total number of transactions. Research by
The Central Bank of Kenya says that generally, the banking sector was sound and stable and recorded improved performance in 2012 as indicated by Total net assets which increased by 15.3 percent from Ksh. 2.02 trillion in December 2011 to Ksh. 2.33 trillion in December 2012, with the growth being supported by the increase in
Visa’s new mobile point-of-sales (mPOS) device that makes it much easier and cheaper for smaller and medium enterprises (SMEs) to accept card payments, was showcased at the Visa stand at this year’s Tourism Indaba in Durban. Taking on a ‘plug-and-play’ approach, the mPOS device can simply be connected on to a mobile phone enabling business
Amazon has announced that customers can now use Amazon Coins to purchase apps, games and in-app items in the Amazon Appstore and on Kindle Fire. To celebrate the launch, existing and new Kindle Fire customers in the U.S. have had 500 free Coins—a $5 value—deposited into their Amazon accounts. For customers, Amazon Coins is an
