FIS Completes Acquisition of SunGard

FIS, a global leader in banking and payments technology as well as consulting and outsourcing solutions, announced the closing of its acquisition of SunGard, one of the world’s leading financial software and technology services companies. The acquisition uniquely positions FIS to offer a broad range of enterprise banking and capital markets capabilities that will further

FIS Opens Financial Inclusion Lab in India to Drive Banking Access

FIS, a global leader in banking and payments technology as well as consulting and outsourcing solutions, announced the launch of India’s first financial inclusion lab in Bengaluru. The lab is aimed at developing innovative ways to extend banking access to India’s millions of underbanked citizens. The lab is the first of its kind in India

HPS Announces Global Partnership with Gemalto for Tokenization

HPS, the market-leading provider of mission-critical solutions to the cards and payments industry, has announced a new global partnership with Gemalto, the world leader in digital security. Tokenization is the process by which payment account information is replaced by an alternate value called a token. Issuers, Merchants and Processors who use tokens are able to

Facebook Launches Mobile Payments on Messenger App

Facebook has added a new feature in its Facebook Messenger application that allows for peer-to-peer payments.This gives people a more convenient and secure way to send or receive money between friends. This feature will be rolling out over the coming months in the US.It’s easy and free. To send money: Start a message with a

New Report Looks at the Future of Mobile Wallets

Forrester Research, Inc. on the promising future of the mobile wallet features Vibes, a mobile marketing leader. The February 2015 report, “The Future of Mobile Wallets Lies Beyond Payments,” points to mobile wallets becoming rich marketing platforms that complement merchants’ own integrated apps. In addition, the report states that mobile wallets will become powerful marketing

Announcing Google Wallet for WePay

Mobile devices account for 60 percent of Internet traffic, but less than 20 percent of online transactions. Why? Because entering your credit card info into a mobile device sucks, so people don’t usually do it, or they abandon the process halfway through. WePay powers payments on platforms like, Constant Contact, FreshBooks, GoFundMe and Meetup,

Payments Afrika’s Most Popular Articles for 2014: Africa

2014 was an exciting time for payments in Africa, here are a few of the top stories which made headlines over the past year. Africa’s Top Five Articles:  Kenya Bankers Association Releases Mobile Money Survey The Kenya Bankers Association have released the findings of their latest survey which looks at the interplay between banks, mobile

E-Kwanza Mobile Payment Service Launched in Angola

Angolan Investment Bank (BAI) has launched e-Kwanza a mobile money service that allows users to make transfers and payments for goods and services across the country. In a statement the bank said the service allows its individual customers to transfer money to family and friends anywhere in the country and make payments easily, quickly and

Consumers Can Now Use Their Barclays, Navy Federal & USAA MasterCard in Apple Pay

MasterCard cardholders with a consumer credit or debit card from Barclaycard, Navy Federal Credit Union and USAA now have access to faster, more secure everyday payments through Apple Pay. After a successful introduction and strong initial consumer adoption, Apple Pay is expanding with additional cards from new banks that consumer can add to Apple Pay,

Popmoney for Disbursements Streamlines Payments from Businesses to Consumers

Fiserv, Inc., a leading global provider of financial services technology solutions, announced the launch of Popmoney for Disbursements, a new service that streamlines and speeds the currently check-dominated process used by businesses to send payments to consumers. The new service is part of a suite of products anchored by the Popmoney personal payment service that