Visa has marked the launch of the newly-incorporated Visa Foundation, which has been established as part of Visa’s larger social impact strategy that will prioritize the growth of micro and small enterprises around the world, enabling individuals, businesses, and economies to thrive. To mark its inception, the Visa Foundation is making its first financial commitment of
Mastercard has announced that it will be opening up access to its blockchain technology via its API published on Mastercard Developers. Mastercard’s blockchain solution provides a new way for consumers, businesses and banks to transact and is key to the company’s strategy to provide payment solutions that meet every need of financial institutions and their
Kazang, the micro-payment processing service which was acquired by Paycorp in 2014, has acquired 49% of Sandulela Technology, a wholesaler of prepaid electricity to third parties. Sandulela will remain under the leadership of CEO Nkululeko (Nk) Mvulana who founded the company ten years ago, and will retain its Level 2 BEE rating. The two companies
NCR Corporation, a global leader in omni-channel solutions, has unveiled its new NCR Mobile Payments solution at the NACS Show, the leading convenience and fuel retailing event, held in Chicago from October 17 to 20. The cloud-based solution enables fast mobile transactions for a variety of mobile wallets and card schemes, allowing retailers of all
NCR Corporation, a global leader in omni-channel solutions, has unveiled its new NCR Mobile Payments solution at the NACS Show, the leading convenience and fuel retailing event, held in Chicago from October 17 to 20. The cloud-based solution enables fast mobile transactions for a variety of mobile wallets and card schemes, allowing retailers of all
According to the 2014–2016 Tanzania National Financial Inclusion Framework the level of formal financial access in the rural areas of Tanzania is 8.5% compared to 23% in the urban areas and totally excluded rural population is 60% compared to 45% in urban areas. The ninth edition of the Tanzania Economic Update highlighted the country’s extraordinary
The South African banking industry is aware that the findings of research conducted by the Cyber Intelligence Research Group and specifically the Cyber Exposure Index may cause unnecessary fear, uncertainty and doubt. Whilst research is an important component for the development of cybersecurity products and services, an organisation’s cyber risk exposure cannot be determined purely
The Anti-Money Laundering and Financial Crime Conference 2017 will take place on the 08 & 09 November 2017 at the Indaba Hotel, Fourways, Johannesburg. The conference, organised by Trade Conferences International, features over 20 speakers, who will highlight the latest challenges, trends and strategies in combating money laundering and financial crime. This two-day event for
The rhetoric surrounding mainframes and their uses in modern enterprises tends to be largely negative. Mainframes are seen by many as outdated legacy IT systems that are, or will be, obsolete in the near future as businesses increasingly move to the cloud. However, these notions are one-sided. The reality is that mainframe computing remains alive
ThisIsMe won top spot at the African Fintech Awards hosted at the Finance Indaba last week. The business tied with Easy Equities after two days of intense pitching battles and an extensive voting process that involved the public. ThisIsMe also claimed the Innovative Banking title, with its focus on fast FICA using multi-factor identity verification,
