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Pocket Bank enables financial institutions (FIs) to launch a mobile banking app at speed without comprising on the ability to customise

The annual awards, established to recognise and celebrate companies which have demonstrated excellence and innovation in the payments space, offer accolades across the entire gamut of industry players, from established institutions to start-ups; whether banks, Fintechs, processors or software vendors.

Compass Plus Technologies’ award-winning payments platform, TranzAxis, has been shortlisted for Payments Tech of the Year at the Asia Fintech Awards.

Compass Plus Technologies has picked up two awards in the Global Banking & Finance Awards 2022. The awards have been running since 2011 and aim to recognise businesses driving innovation, progressive and inspirational changes within the global financial sector.

Interswitch, Africa’s leading integrated payments and digital commerce company, and Compass Plus Technologies, an international provider of retail banking and electronic payments software, have announced a partnership to further strengthen Interswitch’s payment card processing capacity in Africa.

Moneybase, a Fintech subsidiary of Calamatta Cuschieri Finance Group - Malta’s largest independent financial services firm which pioneered the Maltese financial services industry in 1971, has launched Moneybase, a new digital payments app and card issuing platform using the award-winning payments platform, TranzAxis, from Compass Plus Technologies.

The research was carried out by Compass Plus, an international provider of retail banking and electronic payments software to processors and financial institutions, which uncovered how the generational age gap in banking habits has gradually closed in recent years.

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.

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 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.