HPS Announces Global Partnership with Gemalto for Tokenization

HPS, the market-leading provider of mission-critical solutions to the cards and payments industry, has announced a new global partnership with Gemalto, the world leader in digital security. Tokenization is the process by which payment account information is replaced by an alternate value called a token. Issuers, Merchants and Processors who use tokens are able to

Africa is the Continent That Will See the Largest Increase in Electronic Payments Between Now and 2016

Visa, an international electronic payment company, sponsored the Prepaid Summit Middle East event for the sixth consecutive year in 2015. The event was held in Dubai. Uniting over 150 leading participants, this conference is a regional standard for the electronic payments industry. On this occasion, various awards were presented during a ceremony to regional financial

Ingenico Inaugurates a New Office in Casablanca, Morocco

Ingenico has announced the opening of a new branch office in Casablanca – Morocco, with the aim to cover the African market. This new office is part of the company’s geographic expansion strategy which seeks to closely answer customers and partners needs to optimize its level of service on each continent. By expanding its footprint

Report: Islamic Finance Could Make Inroads into North Africa

In Standard & Poor’s recent report, Islamic Finance Could make Inroads Into North Africa, they stated that following the success Islamic Banking has seen over the last decade, it is now set to make increasing headway into North Africa. They noted that Egypt, Tunisia and Morocco have all taken steps towards implementing policies to develop

Casablanca Finance City and CISI Sign New Partnership

Casablanca Finance City and Chartered Institute for Securities & Investment have signed a Memorandum of Understanding (MoU) in order to enhance and promote professionalism and professional standards in the financial services industry in Morocco and throughout the region. Thanks to this partnership, Morocco will be able to offer more than 50 CISI certifications. These include

Consumer Confidence Increases in Morocco: MasterCard Index

MasterCard has revealed the results of the latest MasterCard Index of Consumer Confidence, which indicates that Consumer Confidence in Morocco has increased to 85.2. Consumers in Morocco are optimistic about all five indicators measured in the Index. When compared to the previous edition of the survey released six months ago, consumers are more optimistic about

MasterCard Appoints M2M SPS as Principal Member to Enhance Card Acceptance across Morocco

In line with its commitment to enhance the electronic payment card acceptance infrastructure in Morocco, MasterCard today announced the appointment of M2M SPS, a leading provider of secure e-transaction processing solutions as its Principal Member in Morocco. As a new Principal Member of MasterCard, M2M SPS will be enabling its customers to leverage MasterCard’s acquiring

Earthport Builds on Cross-Border Payments Network with First Route into North Africa

Earthport, the UK listed cross-border payments service provider, today announced the roll out of a fully automated payment service into Morocco. According to the release Morocco is one of the top remittance destinations on the African continent and the second largest remittance country in North Africa with an estimated $6.4 billion worth of payments received in

I-conférences and MasterCard Organise Cartes Afrique

I-conférences and MasterCard announced their consecutive fifth year collaboration for the Cartes Afrique forum, a prominent industry event that witnessed strong participation from the electronic banking, digital security, cards, payments and contactless technology communities. The eighth edition of the forum took place at the Kenzi Hotel Menara Palace, Marrakesh on 25th and 26th April 2013,