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Proxama Picks Up Another South African Payment Card Deal

Proxama PLC has won a five-year contract with a South African financial group for its payment card issuing, PIN and management technology. Revenue earned from software licences, services and support will Read More →

A Cashless Economy Helps Bridge Inequality – Lessons For SA

South Africa can learn from the Indian government’s moves to bank its unbanked population by limiting the amount of cash that can be drawn at one time, identifying populations with Read More →

AfDB And The Alliance For Financial Inclusion Sign MoU To Enhance Access To Financial Services

The African Development Bank (AfDB) and the Alliance for Financial Inclusion (AFI) signed a Memorandum of Understanding (MoU) to enhance access to quality financial services on the continent in Abidjan, Read More →

Cardtronics Expands into South Africa By Acquiring Spark ATM Systems

Cardtronics plc announced that it has closed on the acquisition of Spark ATM Systems Proprietary Limited — a move that marks Cardtronics' entry into the South African market. Privately held Read More →

Major Developments Expected for Fintech in 2017

From digital banks to mobile-payment solutions, technology is set to change the South African financial services landscape at a pace that will continue to surprise even the most hard-core non-believer. Digital Read More →

Visa Signs Strategic Partnership Deal with Atlas Mara

Visa, a global payments technology company, signed a commercial partnership with Atlas Mara Limited, the sub-Saharan Africa financial services group, as part of a wider strategic partnership to introduce a Read More →

SASSA Statement on Future Grant Payment System

SASSA has been inundated with concerns regarding what happens after the current social grant payment contract with Cash Paymaster Services (CPS) expires at the end of March. This is understandable, Read More →

Microsoft and Ecobank Agree to Drive Digital Transformation in Africa

Microsoft, the leading platform and productivity company for the mobile-first, cloud-first world and Ecobank Transnational Incorporated, parent company of pan-African banking group Ecobank signed a memorandum of understanding (MOU) to Read More →

Wirecard Signs With RwandAir for Online Payment Processing Services

RwandAir has partnered with Wirecard AG for its online card payment processing services. As one of the leading specialist for payment processing and issuing services, Wirecard will enable customers that wish Read More →

The Impact of Diaspora Remittances on Health, Education and Enterprise in Africa

Diaspora remittances, money transfers by migrants to their region or country of origin, are becoming increasingly important to the economies of a number of African countries. In Nigeria for example, Read More →
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