The five people you need to know who were at World Economic Forum Africa

The five people you need to know who were at World Economic Forum Africa

South African President Cyril Ramaphosa was already in the spotlight as the president of the host country. A multi-media read you can consume in less than 5 minutes #1 South African President Cyril Ramaphosa South African President Cyril Ramaphosa was already in the spotlight as the president of the host country for World Economic Forum […]

Continue Reading
Technology, partnerships to drive next wave of financial inclusion in Africa

Technology, partnerships to drive next wave of financial inclusion in Africa

95 percent of all consumer payments in Africa are still made in cash. By AFRICA.COM More by this Author 12  hours ago Despite positive advances in financial inclusion on the continent, 95 percent of all consumer payments in Africa are still made in cash. Why is this such a bad thing? For the people and microentrepreneurs […]

Continue Reading
Almost every adult in UK could receive £300 payout from Mastercard after court ruling

Almost every adult in UK could receive £300 payout from Mastercard after court ruling

Almost every adult in the UK could be due a payout averaging £300 after a surprise court ruling paved the way for a £14bn lawsuit against Mastercard to go ahead. The claim brought by former financial ombudsman Walter Merricks alleges that more than 46 million people overpaid on purchases because of Mastercard’s high fees. On […]

Continue Reading

GSMA Announces Speakers for Mobile 360 Series – West Africa

GSMA Provides Further Details on Global Mobile 360 Series of Events LONDON–(BUSINESS WIRE/AETOSWire)– The GSMA today announced the first speakers for the 2019 Mobile 360 Series – West Africa conference, which will take place 16-17 April at the Radisson Blu Abidjan Airport Hotel in Abidjan, Côte d’Ivoire. The event sponsors include Mastercard (Headline Sponsor), Visa […]

Continue Reading

Intesa Sanpaolo Turns to Gemalto for Italy’s First Biometric Contactless Payment Card Pilot

• Built-in fingerprint sensor eliminates the need for PIN or signature • Unique battery-less card is powered via existing PoS terminals so no need to be recharged • Effortless enrollment combined with robust data protection AMSTERDAM–(BUSINESS WIRE/AETOSWire)– Gemalto, the leader in digital security, is supplying Intesa Sanpaolo, the number one banking group in ltaly, with the first Mastercard biometric […]

Continue Reading

Many foreign firms fail to comply with data storage norms as deadline expires; what will happen now

Payment firms like MasterCard and Visa are concerned that setting up data storage to India will cost them millions of dollars. (Source: IE) With the Reserve Bank of India’s (RBI) deadline to comply with the data localisation norms for payment firms expired on October 15, several payment firms –  mostly with global operations including Visa […]

Continue Reading

Demonetisation, GST ensured financial inclusion but could have been implemented in better manner, says Mastercard CEO Ajay Banga

Banga stressed that he thinks of inclusion as “democratising productivity”. (Reuters) Commending India’s demonetisation and the Aadhaar programme, Mastercard president and CEO Ajay Banga said such measures were the “right thing to do” to ensure financial inclusion and widen the tax net but these could have been implemented in a better manner. Banga stressed that […]

Continue Reading