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Central Bank of Kenya Issues Guidance Note on Cybersecurity

The leveraging on technology by banks exposes them to increased cyber risks. In this regard, the Central Bank of Kenya (CBK) has issued a Guidance Note on Cybersecurity that outlines Read More →

PayU Nigeria Introduces a Convenient Payment Solution for Recurring Bills

PayU Nigeria introduces PayU Subscription, a convenient payment method which allows merchants to safely and securely collect payments from consumers who have recurring bills or subscription payments in a seamless Read More →

Direct Pay Online Group acquires Virtual Card Services (VCS) South Africa

Direct Pay Online Group (DPO) has announced the acquisition of Virtual Card Services (VCS) South Africa. This marks the completion of DPO’s purchase of VCS Group, post the earlier acquisition Read More →

FirstBank Offers Customers a Bouquet of Dollar Denominated Cards for Summer Holiday

Holiday revelers are in for a more exciting time this summer with FirstBank’s bouquet of Dollar denominated cards. Convenience, security, flexibility and improved spend are the key defining features of Read More →

UnionPay International Collaborates with the Largest Commercial Bank in Kenya to Enhance Payment Innovation

UnionPay International announced that it has deepened its cooperation with Kenya Commercial Bank (KCB), the largest bank in Kenya. First, the two will jointly issue the first UnionPay card with Read More →

TerraPay Launches International Mobile Money Transfers to Uganda

TerraPay, the world’s first mobile payments switch, announced that it has successfully obtained an approval from Bank of Uganda to facilitate International money transfers to mobile wallets in the country. Read More →

UBA Introduces First Mastercard Debit Card in Mozambique

United Bank for Africa Mozambique (UBA) announced the launch of the first Mastercard debit card in Mozambique to financially empower its citizens. Focused on displacing cash, the electronic payment solution Read More →

FirstBank Launches MVisa in Nigeria

First Bank of Nigeria Limited has partnered with Visa to launch the Mobile Payments Solution – mVisa. This mobile solution allows customers pay for goods and services by scanning a Read More →

mHITs Australia Launches a New Way to Send Money to Zimbabwe Using Mobile Money

mHITs (pronounced Em-HITS), the leading Australian FinTech mobile remittance pioneer, has announced a new and very affordable way to transfer money from Australia to Zimbabwe using mobile money.  The Australian mHITs Read More →

Innervation Acquires Rewards Solution Provider Edenred South Africa

CROSSFIN Technology Holdings announced that it has financed the acquisition of the South African subsidiary of leading global corporate services company Edenred through its portfolio company Innervation. Speaking of the deal, Read More →
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