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GTBank Wins 2013 African Bank of the Year

Guaranty Trust Bank plc was conferred with the 2013 African Bank of the Year Award by the African Banker Magazine at a well attended ceremony on May 29th, 2013 in Read More →

DataCash and Redecard Launch eCommerce Solution in Brazil

Global payments solution provider, DataCash, a MasterCard company, announced that it is partnering with Redecard to provide E-commerce Redecard, a payment solution for merchants across the entire Brazilian market. Read More →

World Bank’s IFC Invests $10m in Earthport to Expand Cross-Border Payments

Earthport, the cross-border payments service provider has announced that IFC, a member of the World Bank Group, has agreed to invest $10 million in the company. The funding will be Read More →

Standard Chartered Kenya Reports Profits of KShs 2.7 Billion for the period ended 31 March 2013

Standard Chartered Kenya has announced a pre-tax profit of KShs 2.7 billion for the period ended 31 March 2013. Total income remained flat at KShs 5.4 billion with loans and Read More →

Sanusi Bags Central Bank Governor Of The Year Award

The Governor of the Central Bank of Nigeria (CBN), Mallam Sanusi Lamido Sanusi, CON, has been conferred with the 2013 Africa “Central Bank Governor of the Year” Award by the Read More →

44% Growth in Pre-paid Payment Card Market Between 2013 and 2018 Says ABI Research

A combination of open and closed loop pre-paid payment cards in both the government and enterprise sectors will result in cumulative shipments totalling 3.6 billion between 2013 and 2018. ABI Read More →

Kalixa Group Selected by MasterCard for Acquirer Test Cards Globally

Kalixa Group today announced that it has been selected by MasterCard® to issue a version of its award winning Kalixa Pay prepaid card to every newly accredited acquirer for testing. Read More →

Capitec Bank Responds to Business Times Article and Credit Market Concerns

Capitec Bank has issued a statement to say that they do not agree with the comments in the Business Times article by Thekiso Lefifi titled 'Capitec bubble about to burst?'.  They Read More →

Square Reinvents the Register with Square Stand

Square announced Square Stand, new hardware for brick and mortar businesses that turns an iPad into a complete point of sale. With local businesses increasingly tearing out their old point Read More →

JPMorgan Chase Names CEO of Merchant Services and Chase Paymentech

JPMorgan Chase announced that Mike Passilla has been named chief executive officer of Merchant Services. This newly created role will oversee Chase’s growing payments and merchant services business including Chase Read More →
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