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MTN initiative reaches million-customer milestone

16 Sep 13 @ 11:38

Mobile Money, a mobile banking initiative by mobile operator MTN that uses Pick n Pay and Boxer stores as branches, has reached a million customers and processed more than R1... read more

BNZ goes mobile with Mint Wireless

16 Sep 13 @ 11:06

Australian-listed mobile payments and transactions processing company, Mint Wireless, has sealed a deal to deliver its PayClip mobile payments solution to the Bank of New Zealand. Under the agreement with... read more

Estimote iBeacon shopping

16 Sep 13 @ 10:52

Estimote has been showing off its Beacon technology, which allows retailers to communicate and interact with customers in-store. Apple, as part of the iOS 7 launch, unveiled iBeacon, enabling Bluetooth-enabled... read more

Zapp and WorldPay to fight fraud and check out abandonment

16 Sep 13 @ 10:34

Zapp and WorldPay announced a strategic partnership that will plan to make Zapp’s mobile payment solution available to WorldPay’s thousands of merchants. Getting more customers through the checkout process securely... read more

Nigerian government disburses funds via Mobile Money

16 Sep 13 @ 10:20

Ecobank Nigeria and the Ekiti State government have commenced the disbursement of funds to over 2,250 residents earmarked in the State as the first set of beneficiaries of the Federal... read more

Yalamanchili launches white label mobile wallet

16 Sep 13 @ 10:08

Yalamanchili, has launched a white label mobile wallet application for global banking and financial institutions operating on its next generation payments platform. The wallet provides clients with a fully customisable... read more

PayPal launch Beacon

11 Sep 13 @ 12:49

PayPal announced PayPal Beacon, a low-powered Bluetooth device that will allow consumers to automatically check-in at local stores. The company descibes it as a “complete hands free experience” that will... read more

Octopus to offer mobile NFC

11 Sep 13 @ 12:14

Making purchases with a smartphone is gaining a foothold in Hong Kong, and it has changed the habits of Sunny Cheung Yiu-tong, a die-hard fan of smart cards. Octopus Cards,... read more

BancTec France awarded payment contracts

11 Sep 13 @ 11:54

The Tribunal de Bobigny has awarded BancTec, a global leader in document management solutions and outsourcing services, the payment contracts and associated assets of Safig, a leading French document processing... read more

Federal Reserve Banks move to improve U.S. payment system

11 Sep 13 @ 10:52

The Federal Reserve Banks today announced the publication of their “Payment System Improvement – Public Consultation Paper” and an opportunity to provide input on the information, ideas and concepts in the... read more

Rotten Core – The Future of Banking

11 Sep 13 @ 10:40

Deutsche Bank has released its Retail Bank Strategy report entitled “The Future of Banking”. In the report, its states that the acceleration of change will lead to a big increase in bank... read more

Apple add fingerprint reader to iPhone 5s

11 Sep 13 @ 09:30

Apple has built a fingerprint reader into its new flagship smartphone, the iPhone 5s, calling the technology Touch ID. There are a few different fingerprint-sensor technologies out there, with optical and capacitance readers... read more

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Inside A7: How Russia built a parallel cross-border payments network

24 Sep 26 @ 16:29

Russia’s attempts to circumvent Western financial sanctions have developed into a sophisticated parallel payments architecture combining traditional banking, ... more

Global Banks set ground rules for Agentic Commerce as Fraud and Liability risks rise

27 Sep 26 @ 18:53

Six major banks have joined forces to establish principles for trusted agentic commerce, warning that the rapid adoption of AI shopping agents could outpace exi... more

UK Banks complete first live transactions using Tokenised Deposits

27 Sep 26 @ 18:52

Seven major UK financial institutions have completed the first live customer transactions using tokenised sterling deposits, marking an important step in Britai... more