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First Bank of Nigeria Increases Stake in FBNBank DRC

First Bank of Nigeria Limited (FirstBank or the Bank), the foremost Nigerian bank, announced the acquisition of the remaining shares in FBNBank DRC Limited (FBNBank DRC), making it FirstBank’s wholly Read More →

TymeDigital Receives Banking Licence from South African Reserve Bank

The South African Reserve Bank (SARB) has issued an operating licence to TymeDigital by Commonwealth Bank SA. This is the first licence issued to a new bank by the SARB since Read More →

Visa Deepens Collaboration with Merchants at Visa 2017 Merchant Forum

Visa held the 2017 Merchant Forum in Cape Town recently, bringing their global experts to share insights with local merchants and showcase their new merchant focused offerings that enable greater Read More →

Latest BankservAfrica Data Shows Six Months of Sustained Improvement

South African salaries and pensions have increased above the rate of inflation for the sixth consecutive month, with salaries improving by an average of 1.1%, after inflation, compared with August Read More →

Youtap Launches Mobile Money Payment Processing Platform as a Cloud-Based Service

Youtap has launched Youtap Cloud, a payment processing platform delivered as a cloudservice for mobile money and payment providers in developing markets. Youtap Cloud enables real-time transaction processing for contactless mobile Read More →

Retailers Should Strive for Truly Integrated Payments that Span All Channels

Over the past 20 years, disruptive digital companies have upended consumers’ expectations of the shopping and payments experience. It started in 1999 when Amazon patented one-click shopping and has evolved Read More →

40% of Apple Users to Spurn Facial Recognition as a Payment Method

A new survey conducted by Juniper Research has found that over 40% of iOS users in the US consider themselves unlikely to use facial recognition as a payment security technology. Read More →

TerraPay to Launch Cross-Border Money Transfers in South Africa

TerraPay, the world’s first mobile payments switch, announced today that it has successfully obtained regulatory approval from South African Reserve Bank to launch Cross-border money transfer services in South Africa. Read More →

CrediMax Launches ‘MaxWallet’ Digital Wallet

In line with its strategy to continue delivering convenient and secure payment experiences to its customers, CrediMax in collaboration with Mastercard, a leading technology company in the global payments industry, Read More →

Performance Food Group and NCR to Deliver Powerful Point-of-Sale Solutions

NCR Corporation, a global leader in omni-channel solutions, and Performance Food Group Company (PFG), a leading food service supplier, have entered into a strategic referral relationship to bring NCR Silver™, Read More →

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