First National Bank uses HCE to drive new card issuing strategy

South Africa’s First National Bank (FNB) is the largest issuer of Visa cards in Africa. It used a partnership approach to drive a new innovation by applying HCE to drive its issuing strategy.
November 5, 2014 Read time: 1 min

South Africa’s First National Bank (FNB) is the largest issuer of Visa cards in Africa.

It used a partnership approach to drive a new innovation by applying HCE to drive its issuing strategy. The new system is integrated on its widely-used mobile banking app. It allows FNB’s customers to have a card issued where they want it – on their mobile device.

A live demonstration of the issuing and provisioning process will be given to conference attendees.

‘How HCE materially changed the issuance strategy of a major bank’. David De Coning, director, Opengate Abnote,
14:00 – 14:30, Room 1

Related Content

  • Creative finance enables parking progress in LA
    March 15, 2016
    David Crawford investigates an innovative public/private partnership. Los Angeles entered the second decade of the 21st century facing major challenges to its parking operations. With a population of 3.8 million, and its car-oriented culture still predominant, the city's parking meters were technically outdated - with most only accepting coins and many regularly out of service - resulting in a substantial loss of revenue. This coincided with a number of Californian cities looking to parking income to boost
    Read More
  • When caring about sharing is good business for US automakers
    October 28, 2015
    Although car-sharing and ride-sharing could drastically reduce car sales, David Crawford finds some US automakers are keen to participate in the sharing economy. Growing consumer interest in car- and ride-sharing, as opposed to outright ownership, and ride-sharer Uber’s recently stated intention to make its brand competitive with ownership on cost, are making the major US automotive manufacturers think seriously about their future sales prospects. Some have already begun exploring ways of entering the field
    Read More
  • Glasgow wins future cities grant
    January 25, 2013
    The city of Glasgow has won a Future Cities Demonstrator grant from the Technology Strategy Board (TSB), a body set up by the UK government in 2007 to stimulate technology-enabled innovation. The grant, worth US$37.8 million, is intended to make Glasgow one of the UK's first smart cities; the money will be used on projects to demonstrate how a city of the future might work. Plans include better services for citizens, with real-time information about traffic and apps to check that buses and trains are on tim
    Read More
  • Road user charging potential solution to transportation problems
    December 14, 2012
    A number of new and highly significant open road tolling schemes have just been launched or are soon to ‘go live’. Systems of road user charging are flexing their muscles as the means to solve politically sensitive transportation problems, reports Jon Masters. Gothenburg, January 2013, will be the time and place for the launch of the next city congestion charging scheme in Europe. In a separate development, Los Angeles County’s tolled Metro ExpressLanes began operating in November 2012 – the latest in a ser
    Read More

Highlighted Content