Ingenico Group, the global leader in seamless payment, has announced that it will provide payment processing and consulting services to Trip.com, one of the world’s leading online travel agencies (OTA) and part of the Ctrip Group – the world’s second-largest travel booking company. Trip.com provides one-stop travel booking services including flights, hotels, trains and cars
Verifone Systems, Inc. a global leader in payment and commerce solutions, announced that it has been acquired by an investor group led by Francisco Partners, a leading technology focused private equity firm, and including British Columbia Investment Management Corporation. The acquisition was previously announced on April 9, 2018 and closed and became effective today. With
Absa Group has become the first African bank and only the second company on the continent to join the global Sovrin Foundation as a Founding Steward – a move that means Absa now has the technology platform to build sophisticated self-sovereign digital identity capabilities for its employees and clients. “Self-sovereign identity – the emerging answer
EMVCo has announced the availability of the full EMV 3-D Secure (EMV 3DS) Test Platform, which enables the functional testing of EMV 3DS solutions. 3DS product providers can now confirm whether their solutions will perform in accordance with the EMV 3-D Secure Protocol and Core Functions Specification v2.1.0, or its EMV 3-D Secure – SDK
A survey by Compass Plus, an international provider of retail banking and electronic payments software to processors and financial institutions, has revealed that more millennials than ever before are seeing mobile as the future of payments. The results of the survey show that 27% of millennials see themselves using their mobile phone as their primary
Wirecard, the international leader in innovation for digital financial technology, and comdirect are working together to facilitate contactless payment via wearables. With 2.4 million B2C customers, comdirect is among Germany’s leading online banks. Together, Wirecard and comdirect – in partnership with Visa payment technology – are offering contactless payment via wearable devices during the 2018
In a move that underlines its commitment to supporting Iraq’s emerging digital landscape, Mastercard, a leading technology company in the global payments industry, recently signed a Memorandum of Understanding (MoU) with the Central Bank of Iraq (CBI), aimed at accelerating the development of a strong payments ecosystem in the country. As part of the MoU,
South Africans can now use Masterpass, a global digital payment service by Mastercard, to pay for goods and services at over 20,000 Zapper merchants in South Africa using their smartphones. Zapper users, meanwhile, will be able to use the Zapper app to make mobile payments at nearly 50,000 Masterpass-enabled merchants nationwide. This follows a collaboration
A new study from Juniper Research forecasts that the use of mobile devices to make retail and store payments will act as a driver for financial inclusion of the unbanked in emerging markets. The research forecasts that mobile merchant transactions by unbanked individuals will grow from 1.8 billion per annum in 2018 to 3.8 billion
The Venture lab at The American University in Cairo (AUC Venture Lab), the leading university-based startup accelerator in Africa and the MENA region, and Temenos, the banking software company, have announced their intention to collaborate and strengthen the fintech ecosystem in Cairo. Temenos will support financial innovation in Egypt by providing startups with access to
