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Nigeria launches national payment card

The Paypers

The Central Bank of Nigeria (CBN) and the Nigeria Inter-Bank Settlement Systems (NIBSS) have launched a national payment card aimed at boosting financial inclusion in the region.

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A Network In A Time Of Need: Credit Unions Go National When Disaster Strikes

PYMNTS

Those efforts culminated with the National Credit Union Foundation’s recent launch of the CUAid Disaster Recovery App , in collaboration with PSCU. If you look at the national banks, they have that distribution of locations and contact centers. That means instead of just hitting one region, COVID-19 has affected every credit union.

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How Brick-and-Mortar Banks Can Seize The Digital Moment

PYMNTS

There was a time when consumers did not require much more from their local bank than a checking account, savings account and an ATM card. Consumers are paying with credit and debit cards more than ever before, and they are increasingly looking to their smartphones to gain greater control over how they spend and manage their money.

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Today In B2B Payments News: Razorpay Taps Visa For SMB Cards, Nets And Yoba Collab On SMB Payments

PYMNTS

Today in B2B payments, Visa teams up with Razorpay to debut a small business commercial card solution, while Nets is working with Yoba Smart Money to develop small business payment tools. Razorpay, Visa Team for SMB Corporate Cards. Emirates NBD Debuts Omnichannel Corporate Banking Program. Australia Could Debut Compulsory eInvoicing.

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Why (Win Or Lose) Apple Card May Already Be Changing Payments

PYMNTS

However, according to Ondot Systems CEO Bharghavan Vaduvur (BV) in a recent conversation with PYMNTS’ Karen Webster, win or lose, Apple will change the conversation about how we pay by spurring existing stakeholders — especially card issuers — to examine how they come to market. The digital card will be linked to Apple Pay.

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Mastercard Bets On Biometric Cards To Advance Inclusion

PYMNTS

In early May, Mastercard , in partnership with SEDESSON, the Mexico state agency for social benefits, and Edenred Bank, announced a first-of-its-kind test in Mexico’s Sonora state – the first regional test of biometric card technology in national history. The Challenge of Building the Right Card for the Job.

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Regional banks can seize the commercial payment market

Payments Source

Regional banks are in a much better position to offer a more flexible customer-centric proposition and better service to mid-market corporate and small business players than national issuers, according to Henry Pooley, chief commercial officer at Fraedom.