C1X Partners with eCommerce MoneyAfrica Confex 2017 as Platinum Sponsor

Posted on by Staff Writer | 1998 Views | 12 min read

Silicon Valley based, independent Advertising and Marketing Technology (AMT) leader, C1X (C1Exchange) has come on board with Africa’s largest eCommerce and Fintech event eCommerce MoneyAfrica Confex as Platinum sponsor. Committed to assist the large and growing merchant community at every step in their growth, in this ever growing e-commerce ecosystem, C1X helps merchants promote products using native and customised advertisements

SA Reserve Bank Notes Competition Commission Decision

Posted on by Staff Writer | 3029 Views | 10 min read

The South African Reserve Bank (SARB) has noted the announcement by the Competition Commission South Africa (Competition Commission) that it has completed its investigation initiated in April 2015 and has referred to the Competition Tribunal for prosecution a case of price fixing and market allocation in the trading of foreign currency pairs involving the South

SA Reserve Bank Notes Competition Commission Decision

Posted on by Staff Writer | 2888 Views | 10 min read

The South African Reserve Bank (SARB) has noted the announcement by the Competition Commission South Africa (Competition Commission) that it has completed its investigation initiated in April 2015 and has referred to the Competition Tribunal for prosecution a case of price fixing and market allocation in the trading of foreign currency pairs involving the South

Major Global Transaction Banks Are Live With SWIFT Gpi

Posted on by Staff Writer | 2360 Views | 10 min read

SWIFT announces that global transaction banks are actively using SWIFT’s new global payments innovation (gpi) service, which opened for live payments in January 2017. ABN AMRO, Bank of China, BBVA, Citi, Danske Bank, DBS Bank, Industrial and Commercial Bank of China, ING Bank, Intesa Sanpaolo, Nordea Bank, Standard Chartered Bank and UniCredit are live with

Major Global Transaction Banks Are Live With SWIFT Gpi

Posted on by Staff Writer | 2401 Views | 10 min read

SWIFT announces that global transaction banks are actively using SWIFT’s new global payments innovation (gpi) service, which opened for live payments in January 2017. ABN AMRO, Bank of China, BBVA, Citi, Danske Bank, DBS Bank, Industrial and Commercial Bank of China, ING Bank, Intesa Sanpaolo, Nordea Bank, Standard Chartered Bank and UniCredit are live with

You’ll Never Look at the ATM the Same Way Again

Posted on by Staff Writer | 2325 Views | 13 min read

NCR Corporation announced the NCR SelfServTM 80 Series, a new family of ATM solutions that will help financial institutions redefine the banking experience and change the way consumers interact with the ATM forever. Through a unique combination of innovation across software, hardware, and services, consumers and financial institutions will gain many new benefits from this

TerraPay Joins Forces with MoneyTrans and Paga to Make Cross Border Remittance Easier

Posted on by Staff Writer | 3051 Views | 8 min read

TerraPay, a mobile-first international payment network, announced that it has partnered with MoneyTrans, a leading Money Transfer company established in Europe and Africa as well as Paga, Nigeria’s pioneering payments and financial services company to launch cross-border remittances from Spain to mobile wallets in Nigeria. Now Nigerians in Spain can send money to any mobile

Central Bank of Nigeria – The Rate of Naira Counterfeiting is Less Than One Per Cent

Posted on by Staff Writer | 3061 Views | 9 min read

The attention of the Central Bank of Nigeria (CBN) has been drawn to certain spurious and grossly uninformed claims suggesting that about 20 per cent of the Naira currency notes in circulation are counterfeited. While we acknowledge that no currency in the world is immune from counterfeiting, we make bold to state that the rate of

The South African Reserve Bank Considering a Digital Currency

Posted on by Staff Writer | 3397 Views | 8 min read

Recent reports have stated that the South African Reserve Bank (SARB) is contemplating the introduction of a national digital currency based on blockchain technology. A blockchain is a digital public ledger that records all Bitcoin transactions on the network in chronological order. Completed blocks are linked like a chain and go into the blockchain permanent

Wirecard Facilitates Flexible Payment Solutions for PrestaShop

Posted on by Staff Writer | 2349 Views | 4 min read

PrestaShop, a leading provider of an open-source e-commerce solution, and Wirecard, the payment processing and internet technologies expert, are to collaborate on payment processing for online shops in the future. This partnership means that merchants with an online shop created using PrestaShop will be able to offer a variety of popular payment methods from now