The management of UT Bank unveiled its new innovation in Banking dubbed, “UT Bank on Wheels” to its shareholders at the Bank’s 2013 Annual General meeting. The service which will be the first of its kind in the banking industry in Ghana is a mobile branch equipped with communications and technology systems to offer real
The Payments Association of South Africa has mandated the implementation and usage of 3D Secure for all merchants that process Card not Present transactions. The first implementation date was the 2nd of April 2013. The need for additional protection against unauthorised use of cards arose due to the significantly increasing fraud in this area. It
Global payments services provider, DataCash – a MasterCard company, announced the launch of GateKeeper:2.0. Aimed at online merchants and acquiring banks from a white label perspective, Gatekeeper:2.0 utilises advanced technologies and innovation to offer superior end-to-end fraud monitoring, detection and prevention. The GateKeeper solution currently screens over 30 million transactions per month, from 30,000 merchants
Bank of Kigali Limited, the largest bank in Rwanda has received an e-Payment Gateway from iVeri Payment Technologies, a provider of multi-channel e-payment solutions, making it the first bank in Rwanda to acquire e-Commerce merchant transactions. The iVeri Payment Gateway software will allow merchants in Rwanda to offer e-commerce services through their websites, a service
