There were 3.3 million ATMs worldwide at end-2017, of which 51% were located away from branches. The number and share of off-site ATMs continue to increase, with over 15,000 new such terminals installed during 2017 Source: RBR (www.rbrlondon.com) In rural areas the ATM is sometimes the only point of contact between a bank and its
Temenos, the banking software company, have announced that Al Rajhi Bank, Saudi Arabia’s second largest bank and the world’s largest Islamic bank with total assets of over $97bn, has chosen Temenos to power its digital transformation journey and enhance its Islamic lending and financing product capabilities. The bank has opted for a complete renovation using
ACI Worldwide, a leading global provider of real-time electronic payment and banking solutions, has been awarded ‘Best Use of Emerging or Innovative Technology’ at MEFTECH 2019 in Saudi Arabia. Part of the region’s premier banking and financial technology event, MEFTECH’s Innovation Awards showcase the achievements of organizations that are advancing payments innovation and excellence across
BP and Masana Petroleum Solutions are set to revolutionise commercial fuel payment and management for their customers, with the launch of a new solution BP FleetMove built on the advanced Payment24 platform. Payment24, advanced international fuel payment system, is the backbone of two new flagship fuel payment and fuel management offerings for BP and Masana
Sixth Mastercard Digital Payments Study Highlights Social Media Trends Around the Increased Purchasing Power Available In the Palm of Our Hands. Want to grab that purchase and go? You’re not alone. Today more than ever, people are living an increasingly digital – and mobile – life and they expect their ability to pay for their
Ingenico’s innovation department, Ingenico Labs, embraces voice technology to open up a promising new market to its retail clients. Ingenico Group, the global leader in seamless payment, has announced exploring voice commerce and the integration of secure payment acceptance into vocal bots. Two prototypes will be presented at the Mobile World Congress (MWC) in Barcelona
Fingerprint Cards’ (Fingerprints) technology has been selected by Gemalto to bring additional performance to its next generation of dual interface payment cards. Gemalto, the world leader in digital security, will offer biometric EMV payment cards to its bank customers, using Fingerprints’ T-Shape sensor and licensing the recently-launched Biometric Software Platform for payments. The initial order
Ingenico Group, the global leader in seamless payment, has announced its 2018 full-year results. 2018 operating & financial performance Revenues of €2,643million, up 2% on an organic basis1and 5% on a reported basis EBITDA2: €488million, representing a margin of 18.4% 49% FCF3to EBITDA conversion rate, highlighting the strong cash generation Group net profit attributable to
TransferTo, a cross-border mobile top-ups and payment solutions network provider has announced a full rebrand, effective immediately, with two separate company brands, logos and identities. TransferTo’s mobile top-up and rewards business, founded in 2005, has now changed its name to DT Oneandremains a leading global network for mobile top-up solutions and innovative mobile rewards. The
Mastercard has announced that Martina Hund-Mejean, chief financial officer, will retire after more than a decade in the role. Sachin Mehra, chief financial operations officer, will succeed Hund-Mejean as CFO on April 1, reporting to Mastercard president and chief executive officer, Ajay Banga. Hund-Mejean 2017 – BW“We have always been deliberate in the way in
