MasterCard announced the launch of Safety Net in Europe. Safety Net is a global tool that reduces the impact of cyber hacking of banks and processors. It is designed to use the power of MasterCard’s global network, to identify unusual behavior and potential attacks – often, even before the bank or processor is even aware.
MasterCard cardholders with a consumer credit or debit card from BECU, Fifth Third, First Niagara and Huntington National Bank now have access to easier, more secure everyday payments through Apple Pay. After a successful introduction and strong initial consumer adoption, Apple Pay continues to expand with additional cards from new banks and credit unions that
Javelin Strategy & Research’s semiannual benchmarking study, Outperform, has revealed that Bank of America, Chase, Citibank, and Wells Fargo are digital banking leaders among the top 20 retail banks. But more surprising is that regional providers — SunTrust and Regions Bank — scored top customer-satisfaction positions alongside the giant banks. Javelin also found that digital-first
The Deputy Minister for Community Development, Gender and Children, Dr Pindi Chana has urged women to utilise services of commercial banks to lift their standards of living. Speaking during the opening of Tanzania Women Bank (TWB) branch at Makambako over the weekend, Dr Chana said women in the area should seize that opportunity and make
Banking on customer loyalty is a losing proposition today. More than 50 percent of retail banking customers are considering or already planning on switching banks because of lousy service, according to a recent study. That’s just one of the reasons why so many banks are turning to TimeTrade, the company changing the way companies engage
This could turn out to be one of the most expensive years for tickets to the Super Bowl, where the Denver Broncos will play the Seattle SeaHawks for the national title. That is good news for football; good news for the two teams, which together got more than a third of the tickets to sell;
One of the major themes running through the mobile money discussions at Africa.com was how mobile money creates an intersection of banking and MNO (Mobile Network Operator) services. The big question to come out of this is, ‘Can the banks and the MNOs work together or are they competitors when it comes to mobile money?’
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