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PayPal Expands its International Money Transfer Service Xoom to 32 Markets across Europe

PayPal launched Xoom—its international money transfer service—in 32 markets across Europe. People in these markets can now use Xoom to quickly send money, pay bills or top up phones to Read More →

MFS Africa and WorldRemit Partner to Expand Mobile-to-mobile Remittances in Africa

Leading digital money transfer service WorldRemit continues its rapid expansion in Africa, launching new international mobile money services through a partnership with pan-African fintech MFS Africa. This launch brings WorldRemit’s mobile Read More →

FinTech Ecosystem in South Africa: Accelerating the Digital Transformation of Banking & Financial Services

The impact of Digital Banking, Blockchain, AI, Mobile Money, Digital Wallets and Payment innovations are radically transforming the financial services landscape as FinTech disruptors intensify the challenge to Incumbent Banks Read More →

First Bank of Nigeria Promotes Financial Inclusion through Digitisation in Sub-Saharan Africa

First Bank of Nigeria Limited has announced its organisation of a Joint Seminar with sub-Saharan African Banking and Telecom Regulators to promote financial inclusion through digital innovations in sub-Saharan Africa. Read More →

Consumers are Showing a Strong Appetite to Save, According to FNB

FNB has revealed that South African consumers are showing strong appetite to save after its customers initiated nearly 20 000 savings goals in just a few days since the launch Read More →

African Fintech Innovators Join Forces to Advance Digital Financial Inclusion in Africa

It’s official! The third annual African Fintech Unconference (AFU19) will be held on 10 - 12 September 2019 on the shores of Lake Victoria in Uganda. This dynamic industry event Read More →

ACI Worldwide Powers Digital Innovation and Financial Inclusion for Egyptian Banks Company

Egyptian Banks Company enters new phase of long-standing relationship with ACI as it prepares for launch of national payments scheme.

ACI Worldwide, a leading global provider of real-time electronic Read More →

Mobile Money Transfers to Exceed 200 Billion Transactions in 2024, as Domestic P2P Drives Growth

New data from Juniper Research has found that the volume of domestic money transfers via mobiles will exceed 203 billion in 2024, up from 130 billion in 2019. Domestic P2P Read More →

CBK Publishes Cyber Risk Guidelines for Payment Service Providers in Kenya

Pursuant to Section 31(2) (b) of the National Payment System Act, 2011 which empowers the Central Bank of Kenya to issue Directives and Guidelines, the CBK has developed a Cybersecurity Read More →

Selcom Launches Agency Banking Service under Qwikserv Brand

Following months of intensive research and development, Selcom, Tanzania’s leading provider of financial technology and processing services, has formally launched its shared-agent Agency Banking service under the Qwikserv brand. Qwikserv, Read More →

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