Banks that fail to provide customers with a good mobile banking experience will lose ground on their competitors
With latest figures showing that over 40% of consumers globally are willing to switch banks rather than put up with a less-than-optimal mobile experience, and more than 80% of bank customers in developed economies are now using a mobile as their primary banking channel, it is clear that banks that fail to anticipate their customers’ changing needs and adapt their mobile offering accordingly risk being left behind.
MobiCash wins Best Mobile Payments Solution at the Payments Awards
Compass Plus’ innovative universal mobile payments service, MobiCash, has scooped Best Mobile Payments Solutions award at the ninth annual Payments Awards. MobiCash received the accolade during an in-person awards ceremony which took place at Marriott Hotel Grosvenor Square in London on Thursday 11th November. The awards recognise excellence and innovation in the payments industry as a whole.
MOHANOKOR MFI utilises TranzAxis to aid its expansion plans
MOHANOKOR Microfinance Institution Plc., a leader in the provision of inclusive financial services in Cambodia, has launched an in-house processing centre using the open development payments platform, TranzAxis, from Compass Plus. The move will allow MOHANOKOR to continue its expansion into rural areas and further develop its range of products and services to meet the needs of its customers.
Compass Plus shortlisted in Banking Tech Awards 2021
Compass Plus has made the final shortlist at the Banking Awards 2021 in recognition of its notable contribution to the industry to help fight the Coronavirus pandemic – aiding and supporting companies/individuals from the industry ecosystem economically, socially, and financially.
MobiCash shortlisted for Best Mobile Payments Solution at the Payments Awards
Compass Plus’ innovative universal mobile payments service, MobiCash, has been shortlisted for Best Mobile Payments Solution at the Payments Awards. The award recognises the most innovative mobile payments solutions across the globe and their contribution to the payments industry.
ABA and JCB partner to enable payment acceptance in Cambodia
JCB International Co. Ltd., Japan’s only international payment brand, and Advanced Bank of Asia Ltd. (ABA Bank), the digital banking leader in Cambodia and Compass Plus customer since 2008, have signed a License Agreement and announced the launch of JCB payment acceptance in Cambodia.
Compass Plus’ Maria Nottingham wins Woman in PayTech Award 2021
Maria Nottingham, Executive Vice President at Compass Plus, has been named the winner of the Woman in PayTech Award 2021. The award recognises outstanding women for their distinguished leadership, inspiring work, and their commitment to the betterment of the wider payments industry.
Central Bank of Mongolia transforms its infrastructure with Compass Plus
The Central Bank of Mongolia, also known as the Bank of Mongolia, has successfully completed a national project to migrate its entire payments infrastructure to Compass Plus solutions. Due to increasing transaction volumes, the bank needed a scalable, reliable, and trusted solution that could service large volumes of transactions, as well as a vendor that could provide the bank with the support they required.
Millikart selects Compass Plus to transform its processing business
As part of a large-scale strategic project to update its entire processing infrastructure, Millikart, the leading independent processor in Azerbaijan, has successfully migrated its Visa connections to its new platform. The migration of the Visa network is the first stage in the Millikart’s transformation project that will see it migrate all of its services to the open development payments platform, TranzAxis, from Compass Plus.
NCB in Vietnam implements Compass Plus’ TranzAxis to future-proof its business
To enable it to keep up with its projected business growth, National Commercial Bank (NCB) in Vietnam has migrated its in-house processing centre to TranzAxis, an open development payments platform, from Compass Plus.