Mukuru Introduces Mobile Wallet in Malawi to Elevate International Transfer Efficiency and Financial Access

Posted on by kara | 8785 Views | 14 min read
Mukuru

Mukuru, a leading financial services platform providing world-class fintech technology to customers globally, has announced the launch of its new mobile wallet launch in Malawi: the Mukuru Wallet. This move aligns with the business’s unwavering commitment to Malawi and responds to the growing demand for a digital store of value among cash-dependent citizens who have

The Central Bank of Kenya Migrates to ISO20022 Standard

Posted on by kara | 5570 Views | 7 min read
The Central Bank of Kenya

The Central Bank of Kenya (CBK) announces that the Kenya Electronic Payment and Settlement System (KEPSS) has been successfully migrated to the ISO20022 Global Messaging Standard (“ISO20022 Standard”). KEPSS, Kenya’s Real-Time Gross Settlement (RTGS) system, is operated by CBK to process large-value and time-critical payments. It is the backbone of Kenya’s domestic and regional payment

EFT Corporation and Visa Partner to Bolster Fintech Growth in Africa

Posted on by kara | 2539 Views | 14 min read
EFT Corporation

EFT Corporation (EFTCorp) and Visa have announced a transformative five-year partnership to revolutionise Africa’s digital payments landscape. This collaboration seeks to enhance financial inclusion and introduce advanced payment solutions across the continent. Fintechs across Africa are invited to join an exclusive programme to accelerate their growth. By leveraging EFTCorp’s established platform and reach, participants will

NMB Bank Plc Launches Tanzania’s First QR Pay by Link (QR PBL) Payment Solution in Collaboration with Mastercard

Posted on by kara | 6674 Views | 14 min read
NMB Bank

NMB Bank Plc, in collaboration with Mastercard, proudly announces the launch of Tanzania’s first QR Pay by Link (QR PBL) payment solution, a significant milestone in the country’s journey toward digital transformation. This innovative solution allows SMEs to accept card payments via QR code or secure link, providing businesses with an efficient, cost-effective way to

Ecentric Drives Innovation in in Person Payments, Targeting Retail Growth With Data-Driven Solutions

Posted on by kara | 9904 Views | 14 min read
Ecentric

Ecentric, a leading omnichannel payments provider, has announced significant enhancements to its In Person Payments platform to improve performance and reliability, meet customer requirements around reporting and analytics, and drive growth as the company extends its offering to Tier 2 retailers in the local market. “Ecentric is committed to continuously innovating the In Person Payments

Financial Institutions Staying Ahead With Advanced Digital Verification Methods – RelyComply

Posted on by kara | 3943 Views | 18 min read
Financial Institutions

By Bradley Elliott, CEO of Anti-Money Laundering (AML) software provider RelyComply Digital onboarding and real-time transactions are key to delivering a slick customer experience for financial services in today’s age. Yet this world of open trading has created gaps for financial criminals, including money launderers, terrorist financiers and fraudsters, to exploit. They are adept at

Wibmo and EFT Corporation Partner to Strengthen Payment Security in South Africa

Posted on by kara | 6102 Views | 9 min read
Wibmo

Wibmo, a PayU company, and EFT Corporation have formed a strategic partnership to introduce cutting-edge security technology for digital payments in South Africa. The partnership will bring the Wibmo Areion 3DS Server (3DSS) to the local market, a solution designed to enhance online transaction security and improve payment efficiency. The partnership was formalised at a

Milken and Motsepe Prize in FinTech Announces 10 Semifinalists

Posted on by kara | 4357 Views | 15 min read
Milken

Milken Institute and the Motsepe Foundation announced the 10 teams advancing to the Semifinalist Round of the MilkenMotsepe Prize in FinTech, with each team receiving $100,000 in funding. Responding to a global call for applications, this prize supports innovative solutions to expand access to tools necessary for financial inclusion across emerging and frontier markets. The

Altron Fintech’s Buy Now Pay Later Revolution

Posted on by kara | 5334 Views | 8 min read
Altron

Altron FinTech launches the innovative Buy Now Pay Later (BNPL) solutions—PayJustNow and Payflex—on its Android terminals, marking a significant milestone in the payments industry. As the first to introduce this solution to the market in 2023, Altron FinTech continues to lead the way in offering flexible and customer-obsessed payment options, empowering businesses to enhance their

Payment Orchestration: Revolutionising the Payments Landscape – Synthesis

Posted on by kara | 2973 Views | 25 min read
Payment Orchestration

By Tripti Pande, Payments Consultant at Synthesis Payment orchestration is revolutionising the payments landscape in today’s fast-paced digital economy. Businesses increasingly adopt innovative solutions to streamline their payment processes and enhance customer experiences by integrating various payment services into a unified platform. This optimizes efficiency and drives growth for a more efficient, flexible, and customer-centric