How can banks cope with changes in a challenging environment and what are their options for updating their payment technology? Download the latest White Paper by Aite-Novarica Group to understand the current trends in retail payments. The report evaluates the need for banks to modernize their payment infrastructure by adopting the Cards-as-a-Service (CaaS) model. CaaS
Digital banks and card issuers are pressured to compete like sprinters. It took Timo in Vietnam only 4 months to launch an award-winning digital bank with a unique human touch concept that targets 5 million cardholders. Enfuce, a recognized CaaS leader in Europe, onboards B2B clients in 8 weeks instead of the industry average of
Company to require all payment cards to be Card Eco-Certified by 2028 Mastercard today announced it is accelerating efforts to remove the first–use, PVC plastics from payment cards on its network by 2028. This move further reinforces the company’s sustainability commitments and scales the accessibility of more sustainable card offerings for consumers seeking a way
The Mastercard debit card enables customers to make dual currency transactions on the same card. The prepaid Mastercard card will allow non-account holders to transact in foreign currency. The Mastercard debit cards will enable safer, simpler, smarter, and accessible transactions inclusive of e-Commerce transactions. POSB in partnership with Mastercard has unveiled new prepaid and debit
AccesBanque Madagascar, part of AccesHolding Group and one of the largest commercial banks in the country, has successfully migrated its ATM acquiring and card management businesses to Compass Plus Technologies’ processing centre. The move enables the bank to further expand its business offering and launch new products and services at pace. AccesBanque’s mission is to
Today’s digital-first consumers expect the same conveniences in-store that they have online – and merchants, acquirers, and solutions providers that enable them will remain relevant in their markets. Consumers have always wanted the most convenient, personalized, and enjoyable experiences possible. After a few years of shopping on digital channels, they now look for the same
The collaboration will enable seamless and cashless ticketing for Amman’s public transport users Mastercard, a technology leader in the global payments industry, has partnered with the Greater Amman Municipality (GAM) and Network International – Jordan to roll out the first transit payment ecosystem in Jordan, in its capital city Amman. The new ecosystem, powered by
ZoodPay will serve as Mastercard’s lending partner for consumers and SMEs across multiple geographies ZoodPay, a leading digital lending platform for e-commerce in the Middle East and Central Asia, has entered into a strategic partnership with Mastercard to launch the first-of-its-kind prepaid virtual installment card in the Eastern Europe, Middle East, and Africa (EEMEA) region.
Last year, exciting developments in South Africa’s payments sector were good reason to be cautiously optimistic about 2023 with new products and services setting the pace of the journey to a digital cashless future, says Andrew Springate, CEO of fintech payment solution provider PAYM8. “The South African economy is under tremendous pressure with rising interest
Continued growth in merchant outlet and EFTPOS terminals numbers worldwide strengthens coverage of all schemes, but acceptance of the largest players differs significantly between regions 82% of payment terminals now accept contactless While 2021 saw long periods of lockdown and continued retail closures, the second year of the pandemic was overall a positive one for
