Avanti Communications Conducts Groundbreaking Satellite Connectivity Test for More Secure and Resilient Financial Operations

Posted on by kara | 4353 Views | 9 min read

Avanti Communications (“Avanti”), a leading global multi-orbit provider of fully integrated connectivity services and solutions, has undertaken a satellite connectivity test with BankservAfrica, Africa’s largest automated clearing house with Capitec Bank, one of South Africa’s top retail banks. The successful completion of this connectivity test heralds a movement towards greater transactional security. It underlines the

BankservAfrica and UnionPay International Enhance E-commerce in Africa

Posted on by kara | 5995 Views | 7 min read

BankservAfrica and UnionPay International (UPI) are collaborating to facilitate easier and safer e-commerce transactions for UPI cardholders across Africa’s online merchants. Announced today, BankservAfrica and UPI have joined forces to introduce UPI e-commerce acceptance across several countries in Africa. This builds on UPI’s appointment of BankservAfrica, last December, as its domestic on-soil processor for affordable,

enza and TerraPay Announce a Partnership to Transform the Payments Landscape in Africa

Posted on by kara | 4508 Views | 7 min read

enza, the innovative payments technology company liberating African banks from the constraints of legacy technology and operating models, and TerraPay a leading global money movement company, are excited to announce a strategic partnership to transform the payments landscape of Africa. By partnering, the organisations aim to tackle two problems that have inhibited the growth of

InstaPay Launches in South Africa: An Innovative Merchant Payment Application

Posted on by kara | 4979 Views | 19 min read

InstaPay, a cutting-edge new merchant application, has been launched to transform the payments landscape in South Africa. This innovative solution offers unique functionality and competitive rates that surpass traditional card providers, setting a new standard in the industry. InstaPay is the result of combined expertise and technology between Omnea and Amber Pay, two industry leaders

Statement on Fraud Complaints – Standard Bank

Posted on by kara | 5063 Views | 5 min read

Standard Bank continues to receive customer queries relating to potential fraud. The Bank’s fraud mitigation measures are robust and continue to protect and inform customers of any potential fraud on their accounts. Due to the nature of these incidents, Standard Bank issued a direct fraud notification to impacted customers on 2 July 2024. This contributed

Dashen Bank and Eaglelion System Technology Sign Strategic Alliance Agreement

Posted on by kara | 2833 Views | 3 min read

Dashen Bank and EagleLion System Technology have signed a Strategic Alliance Agreement today at the bank’s headquarters. Asfaw Alemu, CEO of Dashen Bank, emphasized that this partnership is crucial for achieving the goals outlined in the bank’s five-year strategic plan. The agreement will enhance digital technology options, elevate customer service, and create advanced customer experiences.

Credit du Maroc and Mastercard Sign Strategic Partnership to Advance Digital Transformation in Morocco

Posted on by kara | 7264 Views | 8 min read

Credit du Maroc and Mastercard have signed a strategic partnership agreement to bring new technologies to the market, contribute to advancing the bank’s digital transformation, and provide personalized solutions to its customers. Both banking giants state that this partnership aims to address the daily financial needs of Moroccans and reinforce the bank’s position as an

The Future of Cross-Border Payment: Traditional vs Digital – Verto

Posted on by kara | 13171 Views | 14 min read

As the world of finance evolves into the digital age, businesses now have the luxury of choosing platforms that offer convenience and efficiency in managing their finances. Companies dealing with clients in other markets can opt for digital payment systems for cross-border transactions, which promote speed, safety and cost savings. Africa is experiencing an increase

Temenos and Tech Mahindra Launch New Service on Temenos SaaS for EMIs to Get Faster to Market

Posted on by kara | 4577 Views | 10 min read

Temenos today announced it has signed an agreement with Tech Mahindra, a leading global provider of technology consulting and digital solutions, for Tech Mahindra to provide a core banking offering on Temenos SaaS specifically designed for Electronic Money Institutions (EMIs) in the UK and Europe. By leveraging Temenos composable banking capabilities and Tech Mahindra services,

VezoPay Launches Africa’s First Smart Ring for Seamless Contactless Payments

Posted on by kara | 4869 Views | 4 min read

VezoPay has introduced Africa’s inaugural smart ring, heralding a new era in contactless payment solutions across the continent. Engineered for convenience and security, the VezoPay smart ring epitomizes innovation with its array of cutting-edge features. The VezoPay smart ring enables lightning-fast contactless payments in just 1 second, seamlessly connecting your hand to any terminal. It