SASSA Concerned by Beneficiaries Still using Old Cards

The South African Social Security Agency (SASSA) is pleased to announce significant progress in migrating beneficiaries of social grants from the old SASSA card to the new gold SASSA card. The old white SASSA card has reached expiry date and it however deeply concerns SASSA that some beneficiaries are still holding on to the old

Mojaloop Whitepaper: How Mojaloop Can Support Hub Operators to Deliver Instant Interoperable Payments for Schemes

Discover how Mojaloop can support hub operators to deliver instant interoperable payments for schemes in this recently published whitepaper. This whitepaper shares insights into: Interoperable instant payments and financial inclusion Defining good instant push payment interoperability Schemes and consortiums Things to consider when choosing technology The significance of Mojaloop approach Download the full executive briefing

Barko to Launch a Digital Bank for Low-Income South Africans on The Temenos Banking Cloud

Temenos’ open banking platform will enable Barko to offer affordable, accessible banking services to unbanked South Africans Temenos (www.Temenos.com), the banking software company, has announced that Barko, a leading microfinance company, plans to enter the retail banking market in South Africa with a new digital bank built on Temenos Transact and powered by The Temenos

IPT Africa: Shaping the Future of African Payments with Frictionless End-To-End B2B Transactions

IPT Africa launched at the recent Africa Fintech Festival (AFF) as it seeks to position itself as the platform for Frictionless African Payments. IPT Africa launched at the recent Africa Fintech festival as it seeks to position itself as the platform for Frictionless African payments, delivering a continent -wide, multi-channel payment platform tailored to the

FNB | The five Financial Steps you must Take in Your Golden Years

People have different views about getting older. For some, reaching their sixties is a difficult moment as they find themselves unable to do some of the things they could in their youth. For others, their sixties are an exciting period filled with new opportunities, fewer responsibilities, and all the time they need to do the

BancABC Partners with Mastercard and Zimswitch to Transform Zimbabwe’s Payment Landscape

BancABC is the first bank to launch Mastercard and Zimswitch co-branded cards The collaboration will see BancABC introduce several card innovations including a Home and Away card that links to both a local currency and foreign currency account Cards can be used for contactless payments, as well as for e-commerce, thereby minimising contact BancABC Zimbabwe announced

Top 3 reasons to attend SWIFT’s African Regional Conference 2021

Be part of Africa’s premier financial services event Like many other events, the global pandemic has prompted us to shift the SWIFT African Regional Conference (ARC) to a unique and immersive digital experience, taking place virtually on 23-24 November 2021. Register today! The good news is that you can still expect to hear from and

Equity Named Africa’s Best Bank for SMEs 2021 at the Euromoney Awards

Equity Bank has been named Africa’s best bank for Small and Medium Enterprises (SMEs) in the 2021 Euromoney awards. This distinction further validates Equity as the country’s preferred bank by SMEs. While acknowledging this recognition, Equity Group Managing Director and CEO, Dr. James Mwangi, emphasized that the award reinforced and cements the Bank’s vision, of

FirstBank Partners NIBSS to Drive Digital Payment Convenience with Nigeria Quick Response (NQR)

First Bank of Nigeria Limited, Nigeria’s premier and leading financial inclusion services organisation has announced its partnership with Nigeria Inter-Bank Settlement System plc (NIBSS) on its recently launched Nigeria Quick Response (NQR) Payment Solution. The NQR is an innovative payment option implemented for all financial service providers and designed to promote quick and fast transactions

Levelling the Playing Field Between Cash, Card and Digital is Key in the Financial Inclusion Debate

By Mark Templemore-Walters, Operations Director: Cash Connect What would happen tomorrow if we could turn South Africa into a cashless society with a wave of a magic wand? Far from turning the country into a crime-free paradise of low transaction costs and widespread financial inclusion, it’s more likely that chaos would reign in many communities