Innbucks is migrating its mobile platform to a new technology provider called Mambu. According to a press release, the move is “part of its transformation from a digital wallet solution to a fully integrated digital bank.” With an estimated 3 million subscribers, Innbucks has quickly become one of Zimbabwe’s largest digital wallets, the largest being
British bank Standard Chartered announced today the official opening of a new representative office in Casablanca, Morocco, further growing its presence in the Middle East and North Africa region. The move follows Bank Al-Maghrib’s approval of its license and the award of Casablanca Finance City (CFC) status by the Casablanca Finance City Authority. The new
In a country where over 60% of the population is under 25 and women remain underserved by formal banking, access to financial services can be a life-changing enabler. EmpowerBank Limited, Zimbabwe’s youth-focused microfinance institution, is meeting that need head-on by building a future where young people, including women, are equipped with the financial tools, knowledge,
Capital Software, with Halo Dot and Nedbank, is revolutionising payments by offering DebiCheck TT3 Mandate Authentication via Tap on Phone—making secure, real-time sign-ups faster and more affordable. For 13 years, Chris has started every Monday morning in the same boardroom, sitting next to his boss, coffee in hand and plans on the table. But this
Moniepoint Inc. announces it has been ranked by the Financial Times as one of Africa’s fastest-growing companies for the third consecutive year, reinforcing its rapid growth as one of the continent’s leading financial institutions for Africans, everywhere. The recognition highlights Moniepoint’s continued ability to achieve strong, scalable growth. Moniepoint distinguishes itself by maintaining operational efficiency
Cross Switch, a provider of class-leading payment solutions, has strengthened its African presence by officially launching services in Kenya and partnering with licensed local payment provider Pesawise. This collaboration makes the most of Pesawise’s solid regulatory standing and trusted reputation, allowing Cross Switch to establish it’s footprint and, together with Pesawise, immediately deliver robust payment
BPC, a global leader in payment solutions, today launched its latest white paper, ISO 20022 Migration 101: Steps and Strategies for Banks. The white paper provides a comprehensive guide to navigating one of the most critical transitions in the global financial ecosystem: the shift to ISO 20022 messaging standards. With the deadline for mandatory global
Mobile data shows consumers’ demand and responds well to an elevated retail experience. While the economic landscape has been anything but stable, with international trade tensions and the national budget fallout spooking the market before rebounding when the VAT increase was later withdrawn, the retail sector is showing remarkable resilience, says Ecentric Payment Systems’ Rory
Digital risk is key in the future of payments, says BankservAfrica’s CRO—lasting impact lies in trust, transparency, and inclusion. Digital transformation is reshaping the South African payments landscape, driving greater transparency, regulatory compliance, and inclusive innovation. But beyond the technology, it’s also redefining how the financial ecosystem anticipates, manages, and mitigates risk. Digitisation doesn’t solely
Happy Pay, a Buy Now, Pay Later (BNPL) platform, has announced a new collaboration with Peach Payments, an African online payment gateway. This partnership allows Peach Payments’ merchants to offer customers a seamless, flexible payment experience by integrating Happy Pay’s interest-free instalment options at checkout. As a zero-deposit BNPL provider integrated with Peach Payments, Happy
