IFC Helps Network International Expand Access to Payment Infrastructure in the Middle East and Africa

According to McKinsey, credit, debit card and ATM penetration in MidEast and Africa is the lowest in the world

IFC, a member of the World Bank Group, and the IFC Middle East and North Africa Fund, managed by IFC Asset Management Company, today announced a combined indirect equity investment of $30 million via the WP/GA consortium fund in Network International, a leading provider of payment solutions, to expand the payment infrastructure in the Middle East and Africa.

Industry Bodies Align to Standardize On-Device NFC Service Management

Ensuring predictable behavior of an NFC service regardless of where it is hosted

March 13 2017 – ETSI, GlobalPlatform and the NFC Forum today detailed a standardized approach to implementing and managing NFC services across all technologies and platforms. The shared work initiative explains how to ensure that NFC services successfully coexist within a device and operate as intended.

G&D presents wearable solutions for banks, mobile operators and OEMs at MWC 2017

Company announces IoT deal with Huawei; NTT DOCOMO selects AirOn for eSIM consumer management

At MWC 2017 Giesecke & Devrient presents its comprehensive wearable solutions offering for banks, mobile operators and OEMs

GlobalPlatform enables the Web to access Advanced Security Services

Organization standardizes the interface between web applications and secure elements

12 January, 2017 – GlobalPlatform has defined a standardized communications interface between web applications and secure element (SEs), which will enable developers of web services to build in advanced security features to protect online services against many types of attack and fraud.

Boku Brings Carrier Billing to Windows 10 Devices in UK and Italy

Customers can now use their mobile phone bill to pay apps, music, etc. across mobile, tablets, PC, and laptop

Boku, the world’s largest direct carrier billing mobile payments company, is pleased to announce an expansion to bring direct carrier billing to Windows Store customers in two premier European markets: the UK and Italy.  As part of Microsoft’s integration with Boku, Windows 10 customers in the UK on O2 and in Italy on Wind will be able to use their mobile account as a payment option when making purchases in the Windows Store.  Customers in these markets can make purchases across the full range of Windows 10 devices, including mobile phones, tablets, PCs, or laptops.

Orange Highlights New Services Leveraging its Infrastructure in Mid East and Africa

Carriers says smart energy and NFC are among innovations driving region’s digital transformation

Speaking at its 4th annual strategy and activity update for press and analysts in London on 28 July, Ramon Fernandez, Deputy CEO and Chief Finance and Strategy Officer, Bruno Mettling, CEO of Orange Middle East and Africa (MEA) and Jean-Marc Vignolles, Chief Operating Officer for Orange MEA, outlined their vision and priorities, identifying a number of new sectors and activities in which Orange can play a key role in delivering digital transformation to this region.

Banking to be Leading Driver in the FinTech Ecosystem

There are many constituents within the FinTech Ecosystem including Digital Payments providers, Business Finance companies, and Consumer Finance providers.

Microsoft Working Towards Wider Adoption Of Blockchain

NASDAQ

Blockchain is gaining momentum as an indispensable part of the future of all enterprises, businesses and governments. Blockchain, or the distributed ledger technology, possesses the power to trim enormous costs and efforts involved in carrying out intracompany and intercompany businesses operations across sectors

Microsoft Corporation is not just working on projects to enable faster, more useful and successful adoption of the technology, it also creating a niche for itself well in time to gain from the blockchain revolution that is underway.

FIME Acquired By Chequers Capital

New investment will accelerate growth and bring substantial benefits to FIME’s stakeholders

FIME, a world leader in certification consultancy and testing for secure electronic transactions, has been acquired from Orange by independent investment firm Chequers Capital. The new ownership framework will enable FIME to enhance its assertive expansion strategy to offer new services in emerging markets and increase its geographical presence globally.

Standard Chartered Launches Africa’s Most Extensive Mobile and Online Banking

Digital Banking Made Easier, Faster and Safer for Over 1 Million Clients Across 8 Markets

London, UK

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