Standard Chartered Kenya has announced a comprehensive suite of products for the Medium Enterprise segment as it responds to increasing demand for more sophisticated needs from its clients. The Bank will leverage its strong global network to serve the clients, tapping into enhance demand for trade in key corridors across Africa, Middle East, Asia, and
Jonathan Jacobs, Head of Product and Operations at Halo Dot In recent years, there has been a gradual shift towards going cashless. This is something that is impacting every society around the world. However, in developing countries like South Africa, this transition has become a layered one. Influenced by the divide that separates people when
In the vibrant tapestry of South African entrepreneurship, small businesses stand as beacons of innovation and resilience. As we have ushered in a new year, these enterprises look forward to a landscape that will continue to be marked by both challenges and opportunities, powered by the enduring spirit of South African tenacity and the support
ExiPay and Izwe’s all-in-one payment terminal opens new revenue streams for merchants A partnership between payment innovation company ExiPay and loans and financial services provider Izwe has resulted in an all-in-one point of sale (POS) solution, called Izwe Pay, that facilitates payments across mobile money and card payments in Zambia. It also brings additional value-added
As the Southern African Development Community sees growth in fintech operators, it will become easier and safer for people to send money back home, writes Nikki Kettles, Executive of Licences and Payments Regulation at Mukuru. With half of Africans migrating to other countries on the continent to work, and then having to send money home,
The ATM Industry Association (ATMIA) and Payments Afrika are pleased to announce a strategic partnership aimed at driving innovation and fostering collaboration within the payments ecosystem. By combining their respective strengths and resources, both organizations are poised to deliver greater value to their audiences and contribute to the continued evolution of the industry. The partnership
Mastercard and MTN Group Fintech have signed a multi-market agreement that will set in motion a new era of collaboration to connect millions of people and small businesses across Africa with digital tools to transact through secure mobile payments, expanding access to the benefits of the cashless digital economy. The partnership will use Mastercard’s cutting-edge
Dr Derek Keats, Co-founder ExiPay / Managing Director, ExiPay Africa The FinTech industry is currently experiencing a significant shift away from stand-alone servers (sometimes called ‘on tin’), towards a cloud-native infrastructure model. This move has significant benefits for the industry as a whole, and payment-as-a-service specifically. The concept of ‘cloud-native’ is an approach to designing,
While it’s unlikely that the Conduct of Financial Institutions (COFI) Bill will be tabled before Parliament rises ahead of the elections this year, market players are eagerly awaiting its enactment and the many benefits it will bring, especially when it comes to low risk, rapid innovation in the fintech space. Designed to complement the Banks
Entersekt, the financial authentication company, continues its trailblazing innovation in the fight against financial fraud with its 99th software technology patent application being granted by the US Patent office. Entersekt was recently awarded a new patent for its approach in enabling frictionless, multi-factor authentication (MFA) – US granted patent “Frictionless SCA (Strong Customer Authentication).” This
