Digital Account Opening Still Has a Long Road to Reality

Over half of all successful applications for most bank products used online and mobile channels at some point during the application process. Yet these digital channels are still flawed, with few applicants enjoying a start-to-finish process in the online or mobile (smartphones and tablets) channels. With the heightened risk of abandonment every time an applicant

Digital Account Opening Still Has a Long Road to Reality

Over half of all successful applications for most bank products used online and mobile channels at some point during the application process. Yet these digital channels are still flawed, with few applicants enjoying a start-to-finish process in the online or mobile (smartphones and tablets) channels. With the heightened risk of abandonment every time an applicant

Peach Payments and Callpay Announce EFT System Partnership

Peach Payments, a leading and one of Africa’s fastest growing payment service providers and Callpay, an innovative provider of secure payment solutions announce collaboration to provide automated Electronic Fund Transfers (EFT) as well as secure telephonic payment acceptance solutions. The innovative products will enable millions of South Africans to make instant and secure payments when

Union Pay International Has Signed an Agreement with GIMTEL

UnionPay International (UPI) continues to expand the acceptance network by signing strategic partnership agreements with key stakeholders in the payments industry across Africa. UPI has signed an agreement with the national switch of Mauritania GIMTEL (Groupement Interbancaire de Monétique et des Transactions Electroniques). This agreement paves the way for GIMTEL to become an UPI acquirer

IBM and Visa Turn Automobiles and Appliances into Potential Point of Sale

IBM and Visa Inc. announced the industry’s first collaboration that brings the point of sale everywhere Visa is accepted, by allowing businesses to quickly introduce secure payment experiences for any device connected to the Internet of Things (IoT). https://www.youtube.com/watch?v=I5nVK-H7Khk The collaboration brings together IBM’s Watson IoT platform and cognitive capabilities, with Visa’s global payments services

Transpay Adds Global Payouts to Morocco

Transpay, a B2B/B2P cross-border payments platform, announced that its service offering had expanded to include direct-to-bank deposits in Morocco. Transpay clients are now able to send local currency payments to individuals’ bank accounts in Moroccan dirham (MAD). With one of Africa’s highest internet penetration rates, Morocco is a burgeoning digital market for the freelance, travel

Acquisition Of TechProcess, Leading Indian Online And Mobile Payments Provider

Ingenico Group announced it has reached an agreement in principle to acquire 100% of TechProcess Payment Services Ltd (“TechProcess”), a leading Indian electronic payments services provider from its current shareholders (major global and Indian investors). Created in 2000, TechProcess is a leading online and mobile payment services provider headquartered in Mumbai with approximately 600 employees

Americans Pay More than Half of Their Bills Online

While the shift to online payments continues to ascend, there are stark generational differences when it comes to paying bills, according to new benchmark data, “How Americans Pay Their Bills,” from ACI Worldwide and Aite Group.U.S. consumers spent a record-setting amount on bill payments in 2016 ($3.9 trillion). They are faced with a wide range

Lottomatica Empowers Its Merchant Partners With Ingenico’s Integrated POS

Ingenico Group, the world leader in seamless payment, announced its extended partnership with leading operator in the lotteries and gambling sector in Italy, Lottomatica (an International Game Technology PLC subsidiary), for the deployment of an innovative tablet-based point-of-sale (POS) solution, the Integrated POS, in Italy. This roll-out consists of an upgrade of the existing fleet

Wirecard Signs With RwandAir for Online Payment Processing Services

RwandAir has partnered with Wirecard AG for its online card payment processing services. As one of the leading specialist for payment processing and issuing services, Wirecard will enable customers that wish to book their flights online at http://www.rwandair.com to pay with Visa, MasterCard, Diners/Discover, JCB, China UnionPay or Maestro cards. John Mirenge, the Chief Executive