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Ecobank Group wins the Award for Innovation in Financial Services from African Banker

The African Banker’s judging process sought to recognise the African banks that have demonstrated original and practical uses of technology to provide customer convenience The leading pan-African banking group, Ecobank, is Read More →

Bank of America Brings Mobile Wallet to EMEA and APAC

The bank first launched mobile wallet in the United States and Canada in 2018, and this expansion makes it the first commercial bank issuer to offer the technology to Read More →

SASSA Opens Window for Payment Method Change

SASSA will once again open its system for approved applicants to change their preferred method of payment for the special COVID-19 SRD grant. The window period is scheduled for Monday Read More →

Bankily Brings Digital Banking Revolution in Mauritania

Banque Populaire de Mauritanie (BPM), one of the leading banks in Mauritania has launched a state-of-the-art mobile banking service called Bankily earlier this year. The service has received a positive Read More →

UnionPay International Partners with GIMAC to Grow Financial Inclusion and Digital Transformation in the Region

UnionPay International (UPI), the world’s largest payment network in terms of card issuance, has concluded a strategic partnership with GIMAC (Groupement Interbancaire Monétique de l’Afrique Centrale), through which the two Read More →

Standard Bank Results for the Six-Month Period Ended 30 June 2020 Impacted by a Very Difficult Environment, Particularly in South Africa

  • Pre-provision operating profit: R24 295 million, up 4%
  • Headline earnings: R7 541 million, down 44%
  • Headline earnings per share (HEPS): 474 cents, down 43%
  • Common equity tier (CET) 1 Read More →

RBR: Emerging ATM Markets Continue to Show Huge Potential

While many mature ATM markets are seeing a slowdown, developing markets are set to witness rapid expansion over the next five years, with ATMs supporting cash-reliant newly banked populations Banks turn Read More →

Ukheshe Launches Prepaid Payments Programme with Mastercard and Nedbank and Transforming Digital Payments Landscape in South Africa

Through an extended partnership with Mastercard and Nedbank, Ukheshe Technologies the payments platform specialist, has launched its Third-Party Processing Services (TPP) in South Africa. This latest announcement by the fintech Read More →

Mastercard Boosts Online Security Capabilities as Ecommerce Accelerates in South Africa

As digital commerce continues to accelerate owing to the COVID-19 pandemic, Mastercard has announced it will offer tokenization services to merchants with app, eCommerce, and recurring billing card-on-file program in Read More →

Jamie Dimon to Deliver Opening Keynote at Sibos 2020

Jamie Dimon, Chairman and CEO of JPMorgan Chase & Co, will deliver the opening keynote at Sibos 2020, the world’s premier financial Read More →

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