WorldRemit, ‘the WhatsApp of money’, launches remittances to Pakistan. Customers in 52 countries can now send money transfers from the WorldRemit app to all bank accounts in Pakistan. The State Bank of Pakistan has found that Pakistanis living overseas sent remittances amounting to $13.3 billion in first three quarters of 2014-2015, a year on year
DirectBuy, the buying club that provides members with exclusive access to over a million products from hundreds of brands without hidden retail markup, is continuing its focus on improving member experience with the launch of their new My DirectBuy mobile app. The My DirectBuy app for iOS and Android devices provides DirectBuy members instant and
Precise Biometrics’ product for fingerprint recognition in mobile devices, Precise BioMatch Mobile, has through cooperation with Fingerprint Cards (FPC) been integrated in a new Chinese smartphone. The integration will generate license revenue starting from the third quarter 2015. The value of license revenue is based on the number of sensors FPC delivers to the mobile
UnionPay International and SBM jointly declared that all merchants and ATMs of the latter have been opened to accept UnionPay cards (card number starting with 62). So far, the coverage of local merchants and ATMs accepting UnionPay cards has been increased to 90% and 60% respectively. It also means that UnionPay International has realized its
Sterling Payment Technologies, a national payment processor and provider of integrated payment solutions, recently announced that it has completed certification for an EMV-capable solution for software developers with Datacap Systems, a leading integrated payments middleware provider. Certification with the card brands is expected to be completed in the coming weeks. Because of the EMV liability
Hyderabad/Aschheim (Munich). Pyro, BSNL, Andhra Bank and Wirecard announce the rollout of SpeedPay, an open loop mobile wallet, in the Indian states of Telangana and Andhra Pradesh. SpeedPay enables users to make domestic money transfer, cash deposits and withdrawals at authorized SpeedPay agents, utility bill payments, prepaid mobile recharge, purchase of bus tickets, etc. The
Wirecard is now also handling all processing of online credit card and PayPal payments for Sky subscriptions. With a current figure of around 4.3 million subscribers, Sky Deutschland is the largest pay TV provider in the German-speaking region. The Wirecard Bank will be providing credit card acceptance. Wirecard has been responsible for processing the payments
As new mobile wallet offerings continue to be introduced as payment options, financial institutions are focused on deploying card programs that are both compatible and secure. To ensure its customers can capitalize on these mobile transactions, Computer Services, Inc.(CSI), a provider of end-to-end financial technology solutions, offers tokenization-support capabilities that allow for participation in the
ShopKeep, the cloud-based technology and business management solution for independent merchants, announced its acquisition of Ambur, an iPad and iPhone point of sale system for more than 1,500 restaurants. Founded by former restaurateurs Ansar Khan and James O’Leary, Ambur provides a feature-rich set of options specifically designed for full-service, quick-service and fast casual restaurants, as
Fiserv, Inc., a leading global provider of financial services technology solutions, has developed a robust EMV Education and Marketing Program to prepare financial institutions as well as aid in cardholder awareness and comfort with a new payment experience. While consumer familiarity with EMV or chip cards has doubled over the last year, from 31 percent
