NCR Corporation announced that it has won a volume order from Agricultural Bank of China (“ABC”) for more than 1,500 NCR SelfServTM automated teller machines (ATMs), which includes NCR SelfServ 22 and SelfServ 25 models. NCR has out-competed other providers in this bid, securing the largest share of order from ABC and further consolidating its
Javelin Group and Paythru announced the launch of Ignite, a next generation contextual mobile marketing and payments proposition for the global retail sector. Javelin Group, a European omni-channel retail consultancy, and Paythru, a m-commerce payments provider, have combined retail and technology expertise to develop Ignite, which delivers the right message to the right customers, in
Guaranty Trust Bank plc; One of Nigeria’s leading Banks, has once again led the way by winning the ‘2013 Best Banking Group – Nigeria’ in the 2013 Annual World Finance Banking Awards. Outlining the rationale for GTBank winning the ‘2013 Best Banking Group – Nigeria award’, judges commented that the Bank scored high marks in
Mobile Money subscribers on South Africa’s MTN network have reached one million since the service was launched in November last year. Unlike in Kenya, where the concept has grown rapidly, mobile money has been slow to catch on in South Africa, which has a more matured and developed formal banking sector. According to MTN and
FNB, South Africa’s oldest bank and one of the largest financial institutions in the country, is automating and innovating routine banking transactions and improving customer service by installing 1,250 NCR SelfServ™ 4 units. The SelfServ 4 is an ATM-like kiosk that FNB has branded “Slimline ATMs” in their retail sites and remote sites not served
FreedomPay, the creator of the world’s most innovative commerce platform, joins Microsoft at SIBOS 2013 to introduce payments platform as a service. This cloud-based payments and incentives solution takes advantage of the FreedomPay Commerce Platform to deliver mobile payments, offers, digital wallet and commerce solutions with banking-grade security through an alliance with Microsoft. “Our banks
Tanzania’s Bank M has completed cloud migration, seeking to enhance customer experience and security through Google Apps, BlackBerry and Outlook interoperability. Jacqueline Woiso, deputy chief executive officer (CEO) at Bank M, said: “Since the bank’s inception, we have always believed in investing in the best and the latest in technology. “This has been our firm
According to the Gulf Cooperation Council ecommerce is booming globally, with MENA ecommerce sales set to hit $15 billion by 2015. Conversely, only 15% of businesses in Middle East currently have an online presence which means there is still lot of scope for growth for the E-commerce industry.
Habil Olaka, chief executive officer (CEO) of the Kenya Bankers Association (KBA), has called for more investment in mobile money technology by banks to increase accessibility to banking services. Olaka, who officially opened the seventh annual AITEC Banking and Mobile Money COMESA Conference in Nairobi today, said adoption of mobile technology would increase efficiency and
Spark ATM Systems has released its latest Spark Cash Index (SCI), which measures the key cash withdrawal statistics across more than 2 200 Spark ATMs throughout South Africa. The latest SCI for August 2013 revealed an 8.48% year-on-year increase in average cash withdrawal values to R471.81. This also reflects a 1.97% month-on-month growth from R462.70
