EY Global FinTech Adoption Index Finds Over Half of Global Consumers use FinTech

US consumer adoption has grown 29.5% in the last four years 96% of global consumers are aware of at least one money transfer and payment FinTech service One-quarter of small and medium-sized enterprises use FinTech, with a 23% adoption rate in the US Financial technology (FinTech) adoption among consumers has nearly doubled over the past

Adyen Expands its Global Payment Offering to Africa

Partners with Cellulant, bringing new payment capabilities across Africa, starting with Nigeria, Kenya, Tanzania, Ghana and Uganda. Adyen, the payments platform of choice for many of the world’s leading companies, has announced the expansion of its payment network to a number of major African markets, further increasing its capability to offer key payment methods around

G+D Mobile Security and IDEMIA Intend to Create the White Label Alliance to Define an Open Standard for Payment

Considering global market demand for independent and standardized payment solutions, G+D Mobile Security and IDEMIA announce their intention to create the White Label Alliance (WLA) to provide a new security solution for next generation payment applications. The solution will be based on White Label EMV specifications and will enable ready-to-deploy solutions for domestic payment schemes

Tanzania’s ClickPesa is Entering into a Partnership with Dutch Payment Facilitator Ai2

Tanzania’s ClickPesa is entering into a partnership with Dutch Payment facilitator Ai2. The partnership provides farmers in the agriculture and horticulture industry in Tanzania a quicker and cheaper way to receive payments from buyers in Western Europe. The partnership will create substantial value for farmers based in Tanzania enabling them to collect payments directly from

SWIFT: Corruption, Cybercrime and Compliance – Managing the Risks

Written by Alois Maluvu, Financial Crime Compliance expert, SWIFT Managing risk in financial institutions has never been more complex. As cyber-attacks continue to evolve and increase in frequency and sophistication, cyber security has become a major area of attention and investment. Complying with the large number of global regulations that aim to combat money laundering and

MCB Group Limited Announces its Unaudited Results for the Nine Months Ended 31 March 2019

MCB Group Limited has announced its unaudited results for the nine months ended 31 March 2019. Commenting on the results, Pierre Guy Noël (Chief Executive – MCB Group Ltd) said: ‘‘The Group maintained its strong performance for the nine months to 31 March 2019, with profit growing by 23.9% to reach Rs 6,748.6 million with

Mastercard Expands Digital Identity Commitment with Samsung Electronics

Mastercard has announced that it will collaborate with Samsung to explore and deliver a better way for people to conveniently and securely verify their digital identity on the mobile devices they use every day. People today are juggling multiple passwords and documents in an attempt to keep their identifying data and money safe. They have

RBR Research Reveals that the Number of ATMs Worldwide Drop as Demand for Cash Decreases

Brand-new research shows that the number of ATMs installed worldwide fell by 1% in 2018, to stand at 3.24 million, impacted by branch closures and the rising popularity of mobile payments. China’s ATM numbers continue rapid fall According to a brand-new report from RBR, Global ATM Market and Forecasts to 2024, ATM numbers dropped in

The National Bank of Bahrain is the First Bank in MENA to Provide Open Banking Services

Bahrain’s national bank partners with Tarabut Gateway, Bahrain’s first licensed open banking systems provider, to enable customers to access new digital services and aggregate all their accounts from different banks National Bank of Bahrain (NBB) has today taken a lead role in evolving the banking industry in the region, by adopting technologies that enable it

Adyen Selected By Uber As A Global 3D Secure Solution Provider

Adyen, the payments platform of choice for many of the world’s leading companies, announced that it has been selected by Uber to be its initial solutions provider for 3D Secure (3DS). “Uber is excited to be expanding our payments platform with Adyen. We are focused on maintaining a seamless and rewarding payments experience for our