Absa Group to List on A2X

Absa Group Limited will list its ordinary shares for trade on A2X Markets from 2 February 2023. Absa Group will retain its primary listing on the Johannesburg Stock Exchange and its issued share capital will not be affected by its secondary listing on A2X. There is no cost or additional regulatory compliance for Absa Group

“We Will Continue To Invest In Our People, Processes And Systems” GCB Bank MD

GCB Bank PLC on Sunday, 15th January 2023, organized a special Thanksgiving Service at the Forecourt of the Head Office in Accra as part of activities lined up to commemorate the Bank’s 70th anniversary. This follows a special Islamic Thanksgiving Service organized on Friday, 13th January at the Central Mosque. Mr. Eric Coffie, Chief Digital

Mastercard Joins Forces with EazyPay to Revolutionize Online Checkout Experience

Mastercard helps to expand e-commerce payment services and digital offerings to all EazyPay merchants Mastercard, a technology leader in the global payments industry, has partnered with Bahrain’s leading fintech and payment service provider Eazy Financial Services (EazyPay) that will now be powered by Mastercard Payment Gateway Services (MPGS). MPGS is a trusted platform that provides financial institutions with a white-label

Embedded Finance, Web3 and ESG Lead 2023 Fintech Investment Amid Recessionary Pressures, according to FIS® Global Innovation Report

Key facts: A global study of 2,000 executives at firms across markets revealed plans to increase investment in embedded finance, environmental, social, and governance (ESG) frameworks, and decentralized finance in 2023, including cautious optimism towards cryptocurrency. 44% of financial services firms’ executives across the globe say they will invest significantly in developing embedded finance products

5 Banking and Payment Security Threats and Trends to Watch in 2023 – Entersekt

The digital pendulum is swinging back to pre-pandemic agendas, offering security leaders in the banking world a chance to revisit longer-term projects and take advantage of the tech crunch layoffs to bolster their security teams. This will be especially important as cyber criminals are also beginning to feel the pinch and are likely to increase

ATM Security Association (ASA) Announces New Subscription Level

The ATM Security Association (ASA) announced today the availability of a new subscription level designed specifically for security, software, and cash management companies, whose markets include the ATM industry.  Each of these business types can benefit significantly from access to ASA resources, including the Crisis & Crime Management Intelligence System (CCMIS), which allows subscribers to

Leading Digital Payment Solutions Provider Network International Reports Strong Strategic Delivery and Record Merchant Wins with Q4 2022 Revenue Up 13% y/y

The company, which operates across Africa and the Middle East, has seen strong underlying growth in payment transactions with an increase in merchant solutions growth acceleration vs pre-pandemic during Q4 2022. Successfully launched direct-to-merchant services in Egypt, with the first Small and medium-sized enterprises (SME) merchants onboarded and transacting through Network’s point-of-sale terminals. Figures include

NCR Named Number One POS Software Vendor Worldwide

NCR Corporation (NYSE: NCR), a leading enterprise technology provider, has been recognized as the number one global point of sale (POS) software vendor in research and consulting firm RBR’s Global POS Software 2022 report. NCR had the highest share of global POS software installations – 15% – ranking first for retailers and restaurant operators. NCR was

Ingenico Announces Leadership Transition Plan

Ingenico, a global leader in payments acceptance solutions, announced today that Matthieu Destot will step down as Chief Executive Officer and as a member of the Supervisory Board (the “Board”), effective immediately. The Board will conduct a search for a permanent successor. During the transition period, the Board has appointed Rolf Stangl and Gerrard Schmid,

A New Framework for the Conduct of Monetary Policy by the Bank of Mauritius

The Bank is introducing its new Monetary Policy Framework (MPF) effective 16 January 2023. The new framework is expected to address the deficiencies of the existing one and help to further strengthen monetary policy operations and the monetary policy transmission mechanism. The existing framework lacked a clearly defined nominal anchor and needed to be aligned