United Bank for Africa (UBA) Group Expands to EMEA, Launches Banking Operations in Dubai International Financial Centre, Dubai

Posted on by Staff Reporter | 38755 Views | 16 min read

The UBA branch in the DIFC will service corporate & financial Institutions and customers across the Middle East with a core focus on correspondent banking, relationship management and advisory services The United Bank for Africa (UBA) (www.UBAGroup.com), Africa’s global bank has been in operation for over seven decades. Today, the group is present in 20

COVID-19 Boosts E-commerce Card Spending Worldwide by $2 trillion

Posted on by Staff Reporter | 29329 Views | 9 min read

Online spending will continue to show strong growth over the coming years as pandemic restrictions have accelerated a shift in consumer habit Lockdowns and temporary store closures led to e-commerce boom RBR’s Global Payment Cards Data and Forecasts to 2026 study shows that a record $7.7 trillion was spent online using payment cards in 2020.

Stanchion Appoints New Non-Executive Director

Posted on by Staff Reporter | 13389 Views | 4 min read

Sandy Baker brings a wealth of experience in financial services, fintech, biotech and impact investing in emerging markets Stanchion Payment Solutions, a leading provider of global payment application solutions and services, is pleased to announce the appointment of Sandy Baker as an independent non-executive director of the company. Sandy brings significant gravitas to the board

KongaPay at House of Lords, London, signs historic partnership with Bibimoney

Posted on by Staff Reporter | 25227 Views | 3 min read

KongaPay, a frontline mobile money platform and a member of the Konga Group, Nigeria’s leading composite e-commerce giant, has signed a landmark deal with Bibimoney, a UK-based industry leader to expand access to financial inclusion for many in Nigeria, while also raising standards in the Fintech ecosystem in Nigeria and beyond. The iconic partnership was

Central Banks Face Key Decisions on Interoperability and Cross-Border Usage if CBDCs are to Fulfil their Potential – Joint Report

Posted on by Staff Reporter | 8223 Views | 11 min read

For CBDCs to improve cross-border payments, central banks must make fundamental decisions on foreign access and how CBDCs connect across jurisdictions. CBDC design must consider cross-border functionality at an early stage and international cooperation and coordination are prerequisites. Joint report assesses different options for access to and interoperability of CBDCs and concludes there is no

Software is Optimising the ATM as a Key Physical Touchpoint with Customers

Posted on by Staff Reporter | 17444 Views | 9 min read

With ATMs and bank branches under cost pressures, software solutions ensure that self-service terminals deliver the maximum for both deployers and customers CRM software helps to migrate services from the branch counter to the ATM RBR’s recent study, Global ATM Market and Forecasts to 2027, shows that the number of bank branches worldwide continued to

ACI Worldwide Recognized as 2022 Microsoft Financial Services Partner of the Year Finalist

Posted on by Staff Reporter | 8190 Views | 6 min read

ACI Worldwide (NASDAQ: ACIW), the global leader in mission-critical, real-time payments software, today announced it has been named a 2022 Microsoft Financial Services Partner of the Year Award finalist. ACI was among a global field of top Microsoft partners honored for demonstrating excellence in innovation and implementation of customer solutions based on Microsoft technology. “This

ACI Worldwide Scoops Emerging Technology Award at the Analytics Institute of Ireland 2022 Analytics & AI Awards

Posted on by Staff Reporter | 8857 Views | 6 min read

ACI recognized for the leading application of emerging technology; Anju Joseph receives top honors as Analytics Practitioner of the Ye ACI Worldwide (NASDAQ: ACIW), the global leader in mission-critical, real-time payments software, picked up two highly-contested awards at the recent Analytics Institute of Ireland Analytics & AI Awards, held in Dublin. In the Emerging Technology Award category,

Mastercard Strengthens Leadership Team to Accelerate Growth Across Middle East and North Africa

Posted on by Staff Reporter | 9009 Views | 7 min read

Mastercard has reaffirmed its commitment to the GCC and wider region through the appointment of Mastercard veteran J.K. Khalil to lead its operations across the MENA East Cluster in his new role as Cluster General Manager. In his new role, Khalil is responsible for the UAE, Qatar, Kuwait, Pakistan, and Oman, which make up Mastercard’s

Spire and Mastercard Partner to Enhance and Simplify Digital Banking

Posted on by Staff Reporter | 8481 Views | 9 min read

Spire “Ingage” to be integrated with Mastercard’s Merchant Identifier solution, helping consumers better manage their finances Partnership provides real-time personalized experiences to deepen consumer engagement Solution offers banks meaningful insights and a better understanding of their customers’ financial needs Spire, a leading GCC Open Banking services provider, has announced a strategic partnership with Mastercard, a