Modernising and Regulating SA’s Payments Industry

In the second half of 2022, the South African Reserve Bank (SARB) announced it has its sights set on stricter regulations for the South African payments ecosystem “to ensure financial stability in a world of increasingly innovative and disruptive technology”. Though some new fintech players winced at the thought, it is a necessary move if

How African Banks Need to Reimagine Their Payments Operating Model to Withstand Disruption

A new report by Boston Consulting Group has found that in light of the current disruptive payments landscape in Africa, banks need to create suitable operating structures and partnerships to fortify their retail payments positioning and create the conditions for lasting success. The rising demand for electronic payments is creating fundamental shifts across Africa and

Clickatell Recognized as a Top Payments Innovator by the Mobile Ecosystem Forum (MEF)

MEF honored Clickatell and its Chat 2 Pay features as one of the most innovative mobile payment services showcasing usability and security  Clickatell (https://www.Clickatell.com), the Chat Commerce and mobile messaging leader, was named a top payments innovator by MEF at the MEFFYS Awards ceremony, an honorary event at this week’s Mobile World Congress in Barcelona.

CR2 Recognised as a Top Performer, Achieving “Technology Standout” Designation

CR2 recognised as a top performer and achieved “Technology Standout” designation in Celent ABC vendor view for Retail Digital Banking Platforms CR2 a global leader in digital banking and payments business has achieved the “Technology Standout” designation by Celent in their ABC Vendor View for “Retail Digital Banking Platform: International Edition”. This report set out

Nedbank CIB Sponsorships Promote Collaborative Action Towards a More Sustainable Africa

Nedbank Corporate and Investment Banking (CIB) recognises that delivering a maximum sustainable-development impact requires a combination of innovative sustainable finance and a commitment to leveraging our influence to grow awareness of, and participation in, the sustainability agenda. Many of our sponsorships are geared towards the latter, to not only strengthen our position as a sustainability

Ecobank Kenya Appoints Josephine Anan-Ankomah as New Managing Director

Josephine replaces Cheikh Travaly who retired in December 2022 after 21 years at the Bank She is a career banker with over 30 years of experience within the Ecobank Group She joins as the former Ecobank Group Executive for Commercial Banking Ecobank Transnational Incorporated (ETI) has appointed Ghanaian career banker, Mrs. Josephine Anan-Ankomah as the

e& and Mastercard Partner to Drive an Ambitious Digital Future for Consumers in 16 Markets Across the Middle East, Asia and Africa

Mastercard’s technology solutions and digital payment expertise will help revolutionize payments, loyalty and personalization as e& transforms its consumer offerings e& accelerates ambitions to enhance e& international’s consumers’ digital journey and maintain robust digital leadership by providing innovative financial services e& has announced a strategic partnership with Mastercard that will see consumers and businesses in

Cellulant Welcomes Ibrahim Gbolahan Aminu as General Manager in Nigeria

Ibrahim is a business manager with experience in digital payments, consumer channel development, market segmentation, cross-border remittances, and product management.  Cellulant (www.Cellulant.io) has announced the appointment of Ibrahim Gbolahan Aminu as General Manager for Cellulant in Nigeria. As General Manager, Ibrahim will manage and oversee the day-to-day operations and provide leadership as Cellulant expands coverage

Smart and Intelligent: Payments Redefined

Managed connectivity and mobile device management are being transformed by intelligent technologies to deliver payment solutions at the edge The global fintech market is currently expected to grow at a CAGR of 20% over the next few years, achieving an impressive $305 billion by 2025. The Global Fintech Market Report also pointed out that low-cost,

FIS Announces Plans to Spin Off Merchant Business

Key facts: Planned separation to create two market leading companies with greater strategic flexibility and operational focus to capitalize on respective growth and margin opportunities in rapidly evolving markets. Former Worldpay CEO Charles Drucker named as strategic advisor to aid with separation and ongoing business review; to be CEO of Merchant Solutions business after spin-off.