Ade Ayeyemi, Chief Executive Officer (CEO) of Ecobank Group, to Retire

Alain Nkontchou, Ecobank Group Chairman, thanked Ade for his immense contribution during his seven years at the helm of the Ecobank Group as Group CEO Ecobank Transnational Incorporated (ETI), the parent company of the Ecobank Group (www.Ecobank.com), today announced that the current Group Chief Executive Officer, Ade Ayeyemi, will retire after he attains the age

Introducing the New PCI SSC Mobile App 

The PCI Security Standards Council (PCI SSC) is pleased to announce the release of its new mobile app. The PCI SSC mobile app allows for more direct engagement with payment industry stakeholders, including instant notification of Council news and announcements, and easier access to important resources. PCI SSC launched its mobile app as a new

Ecobank Group’s RapidCollect™ Enables Businesses to Collect Their Payments Across Africa with Only One Account

RapidCollect™ caters for the needs of business customers across Africa, as the continent is at a unique point in its history  With only one account, business customers can receive funds instantly from their clients in their home country and across Ecobank’s (www.Ecobank.com) pan-African network; Ecobank business customers can now make instant automated reconciliation leveraging Ecobank’s

The Cryptocurrency Industry is a Progressive Step and is an Opportunity Rather than a Threat

By Mark Chirnside, CEO & Co-Founder of Xago Technologies With the bear market trading in full swing, crypto companies are hamstrung by lower trading volumes and fees earned, which is hurting the bottom line. Finger pointing towards UST, Defi lending and general subpar operations are all leading to regulators rightly taking a stronger stance on

Mastercard Powers Launch of Telda’s Cobranded Prepaid Card

Unbanked Egyptians can now get a prepaid Mastercard with a seamless onboarding process The launch is a step towards creating a ripple-effect for providing financial access to millions of Egyptians Mastercard powers the launch of Telda prepaid cards, jointly issued by one of the major banks in Egypt and a fintech. The innovative payment solution

Predictive Data Intelligence Removes Hurdles to Instant Cross-Border Transactions Over SWIFT

New capability leverages SWIFT’s insight on millions of daily transactions to flag upfront when a payment may stall because of incorrect payee details Innovation is latest in SWIFT’s strategy to eliminate friction and drive instant international payments around the world  As part of its ambitious strategy for instant and frictionless transactions, SWIFT today announces a

Mastercard Collaborates to Bring Google Pay to South Africa

Quick and convenient addition to the payment ecosystem allows users to securely pay with Android phones or supported Wear OS device Mastercard, a leading technology company in the global payments industry, has collaborated to launch Google Pay in South Africa. Cardholders can conveniently and securely tap to pay with their Android phones or supported Wear

Eyowo Launches Digital First Mastercard Amid Growing Demand for Digitally Driven Money Management Solutions

As one of the first partner in Nigeria to join Mastercard’s Digital First Card Program, Eyowo delivers best-in-class digital banking experience to customers The Better Card is a numberless Mastercard debit card, which gives cardholders access to safer and more secure payments Today’s generation do everything from ordering meals to scheduling doctor’s appointments on their

Meet South Africa’s Lowest Cost Bank Account

Shoprite’s Money Market Account is now a full-fledged bank account. It already provides almost two million banked and unbanked customers the best deal on the market. It’s official: Shoprite’s Money Market Account is now a full-fledged, transactional bank account, the first ever offered by a South African retailer – and the lowest cost entry-level bank

FMBcapital Holdings Group records Robust Growth and Performance

FMBcapital Holdings Plc (FMBCH) announced further positive performance in the first half of the 2022 financial year, with a very strong growth in profit after tax (93% growth to US$25.2m on 2021 first half). The interim period of 2022 followed through strongly on concerted efforts from 2021, and saw the Group’s banking operations in Botswana,