Verifone, the world’s leader in payments and commerce solutions, announced an expansion of its taxi and car-for-hire electronic hailing (e-hail), payment and media business with the acquisition of Curb, a business that connects people in approximately 60 U.S. cities with rides from professional, insured, and fully-licensed taxi drivers. Using Curb’s e-hail app, passengers take more
SimbaPay a leading digital money transfer provider announced the expansion of its free instant deposit service to Choice Microfinance Bank in Kenya. SimbaPay has partnered with Choice Microfinance Bank a microfinance institution founded by Kenyans abroad. Money transfers made to Choice Microfinance Bank by Kenyans living abroad using SimbaPay will be free of transfer fees.
MasterCard announced the expansion of its intellectual property relationship with First Performance Global. hrough the global extension of a license for its proprietary MasterCard In ControlTM technology, MasterCard will take an equity stake in First Performance. As a result, the two companies will collaborate on growing First Performance’s ability to offer payment card issuers and
JUMIA continues its rapid expansion with the opening of six new hubs in Cote d’Ivoire in the cities of Yamoussoukro, Bouaké, San Pedro, Daloa, Gagnoa, and Korogho. Jumia intends to achieve its goal to revolutionize the shopping habits of all Ivorians. The new JUMIA hubs will enable the e-commerce leader to satisfy an exponentially growing
Cardtronics, Inc. announced expansion of its European presence into Poland, partnering with Shell Poland as its first customer in this new geographic market. Cardtronics is the world’s largest retail ATM owner / operator. This new ATM services arrangement in Poland with Shell – with which Cardtronics has a global relationship – calls for Cardtronics to
MoneyGram, a leading global money transfer company, announces that its agent network in Africa has now reached 25,000 locations, following a strategic expansion initiative across the continent. Recent technology advances and new agent and sub-agent signings, including an agreement with the Mauritius Post Office to offer money transfer services at more than 100 locations, have
Wincor Nixdorf, a leading retail and banking IT solutions provider, has been selected by Travelex to provide payment processing services for its ATMs for another seven years and will support Travelex as it undertakes a period of business growth. As Travelex’s strategic payment processing provider, Wincor Nixdorf will continue to provide payment processing for ATMs
Fiserv, Inc., a leading global provider of financial services technology solutions, announced that the expansion of its real-time domestic and international foreign wire exchange solution, WireXchange. WireXchange from Fiserv is adding two foreign exchange partners: Cambridge Mercantile Group and PNC Bank, N.A. With its current partners Western Union Business Solutions and others, WireXchange now provides
Ingenico Group, global leader in seamless payment, announced that Banco del Bajío, one of Mexico’s largest banks, will deploy Ingenico’s innovative smart terminals as part of the bank’s nationwide update and expansion of its installed base. As part of that expansion BanBajío has deployed Ingenico countertop and wireless smart terminals across Mexico to offer customers
The bank’s regional expansion and diversification strategies have been successful and all the subsidiaries contributed positively to the performance. Profit before tax increased to Kshs.10.8 billion up from Ksh. 8.9 billion recorded for the same period last year. Profit after tax also increased by 21% to Kshs.7.6 billion. During the period under review, the Bank
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