The South African Social Security Agency (SASSA) has been dealing with the reconsideration of the covid-19 SRD Grant applications for a while which caused a lot of dissatisfaction to the public at large. After months of dealing with appeals, verification and reconsideration processes about seven hundred and fifty thousand (750 000) have been paid and
This partnership will allow customers in the province to conveniently pay their water bills with their preferred mobile money and selected bank accounts Zambia is pleased to announce a digital payment partnership with five leading Zambian water utility companies; Nkana Water, Kafubu Water, Mulonga Water, Chambeshi Water and Western Water. This partnership will allow customers
The Managing Director of GCB Bank PLC, Mr Kofi Adomakoh, has been adjudged CEO of the Year, Banking, for 2021. The award was presented to him at the 6th CEO Summit held at the Kempinski Gold Coast City Hotel, Accra, on Monday, May 30 2022, for his sterling performance in the banking sector. The summit
Entersekt, a global leader in device identity and payment authentication, today announced a new investment from PAPE Fund 3 (PAPE), an established mid-market South African private equity fund. The transaction was signed on 24 May 2022 and follows an investment by Silicon Valley-based Accel-KKR in December 2021. Entersekt was founded in Stellenbosch in 2010. The
Vantage Africa Limited, trading as “VantagePay”, a payments and technology company, has announced that Crossfin Holdings (Proprietary) Limited (“Crossfin”) has acquired a meaningful stake for an undisclosed sum. Barry Lobel, VantagePay’s CEO and co-founder welcomed Crossfin’s investment. “VantagePay has developed a leading cloud-based payments platform to address the massive latent demand for access to trusted
Carbon Zero literally charges ZERO percent interest on all purchases Carbon, a credit led Pan-African digital bank today released Carbon Zero, a buy now, pay later web app which helps customers spread the cost of purchases into interest-free instalments, in-store or online. Since its inception in late 2021, Carbon Zero has generated ₦2.3 billion in
The new value propositions are expected to simplify banking through solutions that are tailor-made to customers dynamic needs I&M Bank Limited has launched an enhanced set of customer solutions under its iMara 2.0 strategy as part of the Bank’s continued efforts to meet its Corporate, MSME and retail customers’ financial needs. The new value propositions
The ATM Industry Association (ATMIA) today announces the Executive Board has voted to rename the highly sought after ATMIA Lifetime Achievement Award to the “Michael Lee Lifetime Achievement Award.” The name change is in honor of outgoing ATMIA CEO, Mike Lee, recognizing his decades of commitment and dedication to the worldwide ATM industry. At the
FBN Holdings Plc. (“FBNH” or “FBNHoldings” or the “Group”) today announces its audited results for the financial year ended 31 December 2021. As a financial service holding company, driving synergies remains a critical part of our strategy and has been integrated into every aspect of our delivery model. We pride ourselves in the uniqueness of
Abbey Mortgage Bank Plc has reported an impressive performance for the year 2021. During the year the bank had a rebound in its result, recording a N622 million profit from a loss of N4.3 billion in the previous year.The year 2021 was indeed a positive one for the bank as evident by its improved income,
