Oberthur Technologies (OT), a world leader in digital security solutions for the mobility space announced its partnership with Samsung Electronics for the deployment of Samsung Pay in Europe later this year. The Samsung Pay service will allow Samsung Galaxy S6 and S6 Edge owners to use their smartphone for contactless payments. The S6 and S6
Guaranty Trust Bank plc has launched another innovative mobile channel which enables GTBank customers conveniently perform third party transfers to both GTBank and other bank account holders in Nigeria, via their mobile phones, by simply dialing the USSD short code *737 with details of the amount and account number (NUBAN) of the beneficiary. The *737*
Fiserv, Inc., a leading global provider of financial services technology solutions, announced that it was named a leader in both the IDC MarketScape: North American Mobile Banking Software Solutions Vendor Assessment (March 2015) and the IDC MarketScape: North American Mobile Banking Payments Software Vendor Assessment (April 2015). Fiserv was recognized due to its broad range
Zazoo, previously referred to as Net1 Mobile Solutions, a financial services provider in the mobile space, has launched its Utility Vending System at African Utility Week (AUW) held in Cape Town. This turnkey vending solution simplifies tariff management and consumer arrears collection, allowing utilities and municipalities to manage prepaid vending for electricity, water and gas
For years authentication has been a thorny issue for banks and financial institutions, particularly in the world of mobile services. To date, these organisations have focused on building two of the three primary sources of authentication data into their products and services, namely ‘something you know’, like a password, and ‘something you have’, like a
The revolutionary mobile banking product launched last month between KCB and Safaricom, dubbed KCB–M-PESA has hit a major milestone by reaching 1 million accounts, just a month after it was launched. The account signed their 1 millionth customer this week with both firms indicating that the mobile financial product has in excess of KShs. 700Million
Adyen, the global payments technology company, published its quarterly Mobile Payments Index (MPI), which tracks mobile payment data from web-based transactions across Adyen’s customer base. Online payments made using mobile devices continues to rise globally according to the findings, now accounting for 27.2% of the total online payments made in Q1 2015 – up from
Calpian, Inc. announced that for the month ending April 30, 2015, its Mumbai-based subsidiary, Money-On-Mobile, increased transaction processing volume to Rs 2.012 billion Indian Rupees, or about $31.9 million US Dollars, an increase of 14.1% from March’s Rs 1.762 billion Indian Rupees. Money-on-Mobile has been accessed by more than 135 million cumulative unique users since
First Internet Bank, a premier provider of online banking services nationwide, announced it is providing Touch ID functionality for customers using its personal mobile banking application. Using built-in fingerprint-sensor technology, Touch ID is a simple, secure way for customers to log into their mobile banking application in place of traditional login credentials. Consumers who log
A user-centric approach which allows executives to choose their own device is fundamental to a bank’s success in mobile corporate banking services and should be a key component in every bank’s omni-channel strategy. This is the view expressed in the latest white paper published by Mobey Forum, the global industry association empowering banks and other
