Bitcoin exchange BitX has launched in Kenya, integrating preferred local financial systems such as M-Pesa and bank transfers to enable efficient international payments. In an interview with HumanIPO, Timothy Stranex of BitX said the company always customizes its service for the local audience when launching in new markets to ensure the service can be used
Identive Group, Inc. a provider of solutions and services for the identification, security and RFID industries, has been awarded a multi-year contract to provide cashless payment services at home matches of Berlin football club Hertha BSC in Olympiastadion Berlin, the second largest football stadium in Germany. The Berlin stadium has a seating capacity of over
NCR Corporation announced that it has designed a “virtual”, first line maintenance capability for Bank of New Zealand (BNZ) in order to maximize ATM uptime and better serve customers. The innovative service can help diagnose and resolve common ATM service opportunities significantly faster from a central help desk, without ever sending an engineer onsite. This
iZettle today announces that its Chip & PIN and Chip & Signature mobile payments solutions has been approved by the Visa Ready Program, making iZettle mPOS solutions software and hardware Visa Ready. The approval applies to Visa Inc territories. This comes after iZettle’s successful enrollment last June in the Visa Ready Program, which is designed
MoneyGram, a global money transfer company, announced that it has signed an agreement to acquire Nexxo Financial’s full-service money transfer kiosk business and to become the preferred money transfer and bill payment partner for Nexxo Financial. The transaction is expected to close in the fourth quarter of this year subject to closing conditions. MoneyGram will acquire approximately
Alliance Data Systems Corporation, a provider of loyalty and marketing solutions derived from transaction-rich data, announced its Retail Services business, which manages more than 120 branded credit programs, has come to multiple agreements with payments industry leader PayPal, an eBay Inc. subsidiary. Under a multi-year agreement with PayPal, Alliance Data will become an issuer for Bill Me Later®
VeriFone Systems, Inc. announced the launch of VeriFone Point, a payment-as-a-service solution that simplifies the complexities of payment for the company’s direct merchant customers and channel partners in the U.S. The growing burden of PCI compliance, EMV migration, and the emergence of mobile wallets and value-added service options is requiring merchants and service providers—such as ISVs, acquirers
The fact that 88.5 million Americans attempted to open account online or with a mobile device in the past 12 months underscores how far online account opening has come in a few short years. Nonetheless, its potential remains largely untapped, especially as consumers place growing importance on mobile capabilities. Today, Javelin Strategy & Research released
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