Stanchion Payments, a prominent global provider of payment technology, is proud to announce the appointment of seasoned payments professional Shaun Hulley, who will use his wealth of international industry experience to head up the leading paytech solution provider’s skilled and dynamic sales engineering team as Director of Global Sales Engineering Hulley returns to Australia after
CR2, a global digital banking and payments platform has been named a Technology Leader in Quadrant report on Card Management Systems (CMS) 2023. A significant achievement as CMS platforms continues to develop and offer an extensive array of advanced features for numerous use cases. This includes support for multi-product, multi-language, multi-currency, multi-scheme, and a wide
CR2 announces continued expansion across MEA with the addition of two new customer signatures – Arab International Bank (AIB) in Egypt and Unity Bank in Nigeria. This announcement builds on the continued growth of the past year. CR2 empowers banks to deliver on the potential of digital banking and payment solutions for both consumers and
African insurtech aYo Holdings, jointly owned by telecommunications giant MTN and insurer Sanlam Allianz, is pioneering omnichannel insurance premium collections and claims payouts, through a partnership with payment orchestrator, Revio. This development will make it easier for aYo’s millions of customers to pay for life and hospital cash insurance by choosing their preferred method from
KCB Bank Kenya has partnered with global payments technology company, Mastercard, to roll out the World Elite Exclusive Credit Card that will offer premium and private banking customers a range of market-exclusive benefits, privileges, and experiences. This collaboration marks a significant milestone for the Bank as it is another strong step in building a world-class
African communities have historically found innovative ways of collaborating and combining individual financial resources for the good of the many. Stokvels and funeral savings are just two examples of community initiatives to which everyone contributes and from which everyone benefits. These and other savings and community wealth creation mechanisms are often entered into without proper
Dr Velenkosini Matsebula is a Senior Lecturer in Development Finance at Stellenbosch Business School. As we enter the final quarter of 2023 and closer to the Fourth Industrial Revolution (4IR), marked by unprecedented technological advancement and global interconnectivity, we must acknowledge a stark reality: extreme poverty persists. While we commemorate the International Day of the
The global payments industry has come a long way over the past decade—and in a myriad of directions. Consumers and companies have shifted from cash to a burgeoning and integrated system of electronic payments solutions and value-added services. Payments have become more accessible, with innovations such as digital wallets, QR codes, and mobile money accelerating
Distributed by APO Group on behalf of AfricaNenda. AfricaNenda has today released the second edition of the annual State of Inclusive Instant Payment Systems (SIIPS) in Africa report. Jointly produced with the United Nations Economic Commission for Africa (UNECA) and the World Bank, the report highlights sustained growth in both the supply of instant payment
Over 19 million adults in South Africa are excluded from digital transactions according to the World Bank. This includes people who have an account, but do not transact online. In a KLA poll, 44% of respondents expressed concerns about the security of their personal and financial information while shopping online. Security threats, including scams and
