The company, which operates across Africa and the Middle East, has seen strong underlying growth in payment transactions which has supported Issuer Solutions growth alongside new customer signings; Figures include growth for DPO Group, acquired by Network International (www.Network.ae) in 2021, which saw a large number of key merchant wins and signed an agreement with
The Reserve Bank of Zimbabwe (the Bank) wishes to advise the public that, Standard Chartered Bank Zimbabwe Limited has formally advised that the Standard Chartered Bank Group has made a decision to divest of its business interest in Zimbabwe. Standard Chartered Bank Zimbabwe Limited has advised that the divestiture from some countries in the Middle
BankservAfrica’s Integrated Cash Management System (ICMS) Team introduced an automated transactions monitoring system in March 2022 that will take customer services to the next level. BankservAfrica has partnered with Intix, a global company providing state-of-the-art technology solutions for institutions to gain a full view of financial transactions across data sources and data formats. The BankservAfrica
The Reserve Bank of Zimbabwe (the Bank) wishes to advise the public that it has, with immediate effect, suspended Metbank Limited from operating as an authorised dealer pending full investigations for breach of Exchange Control regulations relating to trading in foreign currency. Metbank Limited will not be permitted to deal in foreign currency, that is
FIS has announced that the FIS Modern Banking Platform is now available on the Microsoft Azure cloud platform, expanding digital online banking to financial institutions in markets including the United Kingdom, Thailand and New Zealand. The offering combines the latest advancements in cloud security, monitoring, resiliency and operational analytics with a modern, cloud-native core. The
Leading African digital payments company DPO Group has added a new form of payment that will allow merchants to get paid by their customers via a USSD code. This new feature allows merchants to receive payments from customers who don’t have access to mobile banking or a payment card. Paired with DPO’s robust and scalable
Chat commerce is undoubtedly the way of the future, according to Pieter de Wet, President Business Development: International Markets at leading pan-African fintech enablement partner Ukheshe Technologies. “Ukheshe’s own Eclipse Chat Commerce solution offers everything a business needs – not only now, but also as an organisation grows.” Consumers are making a rapidly increasing portion
Stanbic IBTC Holdings PLC, a member of Standard Bank Group, has urged small and medium size enterprises (SMEs) in Nigeria to digitise their products and services to drive business efficiency. The call was made during the 2022 Enterprise Banking webinar organised by Stanbic IBTC, Themed ‘Your Business, Our Business: Accelerating Business Growth’, the webinar featured
Cellulant and its One-Stop Shop Payments Platform, Tingg, have been recognised as leading payments brands in Africa, providing online and offline payments solutions to businesses, banks and consumers Leading Pan-African Payments Company Cellulant (Cellulant.io) and it’s all-in-one Payments gateway Tingg (Tingg.Africa), have won 4 awards in the just-concluded World Business Outlook Awards; Leading Digital Payment
Luno, the crypto company founded by two South Africans, now has 10 million customers in over 40 countries. Luno’s latest one million customers were onboarded in just six months. South Africa is one of Luno’s strongest and most active markets. Customer growth in South Africa is almost 40% year-on-year. Over 40% of the new customers
