By Harsha Maloo, Head of Payments at Synthesis There has been a lot of talk around the corner about PayShap – the new super-fast, low-cost payment rail which has recently launched in South Africa. It aims to foster financial inclusion and open new markets and opportunities. But before we delve deep to explore whether PayShap
By Shaun Holley, Deputy CEO & Head of Innovation & Rory Bosman, Sales & Marketing Executive at Ecentric Payment Systems Today’s consumers have access to a myriad of convenient experiences through mobile apps and online platforms, and they expect a similar level of ease when interacting with businesses and specifically payment interactions. Indeed, consumer demand
Friction at checkout remains a major challenge for businesses, many of which are doing everything they can to reduce cart abandonment and ensure a great customer experience. At the same time, banks face their own challenges as they are the last defence for both customer and merchant when it comes to fraud protection. However, when
ACI enables financial institutions to utilize Swift Go via the ACI Enterprise Payments Platform ACI Worldwide, a global leader in mission-critical, real-time payments software, today announced the addition of Swift Go to its cross-border payments offering. In response to the growing demand for new cross-border, real-time payment services, ACI will enable banks to utilize Swift
Touchscreens are increasingly being used for payment and while they offer many benefits for users, we must ensure they are accessible for all. Martin Doherty, CSO for Northern Europe and DACH at Ingenico, shares how Ingenico found a solution alongside the Royal National Institute of Blind People (RNIB) to enable blind and partially sighted people
Swift’s KYC Registry is now fully aligned with the latest Wolfsberg Group due diligence questionnaires, giving banks everything they need to manage their correspondent relationships in one place. The more opportunities we have to share data, centralise important compliance process documentation, and bring the global financial community together, the better it is for everyone. By
Equity Group has weathered a turbulent macroeconomic environment to register a 21% growth with total assets reaching Kshs.1,537.7 billion. Funding the asset growth is a 23% growth in customer deposits with the proceeds deployed to grow loan the book by 21%. Customer deposits grew to Kshs.1,111.2 billion up from Kshs.900.9 billion while the loan book
Merchants need to educate themselves about where fraud and cyberthreat actors may strike next and stay current with security measures designed to protect cardholder data. Cybercrime and payment fraud have become big business. The most productive actors look for targets that will yield payment account information, data they can monetize on the dark web, companies
Ecobank Transnational Incorporated (“ETI”), the parent of the Ecobank Group, the leading pan-African bank with a presence in 35 African countries, held its 35th Annual General Meeting (AGM) and an Extra Ordinary General Meeting, today in Lomé, Togo. At the meeting, shareholders approved the accounts and the appropriation of profits for 2022. In addition, shareholders
This move will enable Access Bank to expand its operations in Europe, strengthen its international presence, and deepen its relationships with global clients As part of its strategic moves to boost trade and investment between Africa and Europe, Access Bank Plc, one of Nigeria’s biggest financial services institutions, has established a new subsidiary in Paris,
