B2B Payments Driving Value A new study by Juniper Research has found that the global value of virtual card transactions will reach $6.8 trillion in 2026, from $1.9 trillion in 2021. Virtual cards, secure digital cards with randomly generated details, will show strong growth as they are increasingly used for B2B payments. The research identified that businesses
The collaboration between both companies includes financial support from Visa and will be spread over the five-year partnership period Carbon (ng.getCarbon.co), a pan-African fintech company providing access to basic financial services for Africans, has announced a strategic five-year partnership with Visa, the world leader in digital payments, to offer both digital and physical issuance of
In the midst of the COVID-19 pandemic, six in 10 SMMEs in South Africa anticipate growth and are proactively planning for the future Upskilling staff for the future, access to data, analytics and insights, and digitising business operations offer highest growth potential for SMMEs As the COVID-19 pandemic continues to put pressure on Small, Medium
The African SME Bank of the Year award 2021 recognises the bank which has significantly contributed to the development of the SME sector The Pan-African banking group, the Ecobank Group (www.Ecobank.com), is the African Banker’s 2021 African SME Bank of the Year. Ecobank beat a host of other banks in the African Banker Awards 2021
Digital payments pose the most significant opportunity to bringing fundamental transformation for African economies at large Cellulant (www.Cellulant.io), a leading Pan-African payments company, unveils its new brand identity and affirms its commitment to partner with global, regional and local businesses to accelerate Payments’ digitisation across Africa. Over the last couple of years, Cellulant has evolved
At ATMIA’s 22nd Annual US Conference in Las Vegas this week, the association presented a variety of industry awards for exceptional contributions to the ATM industry throughout 2020 and beyond. The US Conference’s theme of NextGen ATMs – A New Path to a Transformative Future focused on the industry’s Next-Gen ATMs initiative and a world of exciting new capabilities in
Banks endorse new SWIFT platform set for launch in November 2022 New platform capabilities are part of SWIFT strategy to enable instant and frictionless end-to-end transaction management globally Six leading global banks have announced their endorsement for SWIFT’s new transaction management platform and are preparing to use its expanded capabilities to enable new services, improve
Collaboration and co-creation accelerating digital payments uptake and financial inclusion in Africa Visa, the world leader in digital payments, showcased key innovation capabilities that will accelerate financial inclusion in Sub-Saharan Africa. Hosting industry stakeholders at an event focused on innovation, the company highlighted co-creation as an essential component in developing market-ready payment solutions to accelerate
IDEMIA launches Global Fintech Accelerator Card programme dedicated to support fintechs in South Africa in expediting the process of cardholder onboarding and card issuance According to data, fintechs continue to attract the lion’s share of venture capitalist funding. In South Africa, reports put the figure anywhere between 25-30%, meaning fintechs in the country absorbed almost
NCBA Bank took on an ambitious project with Huawei through its partner, MuRong Technology, which would see it build a next generation core banking system “We have a view or a mission to be Africa’s most valued digital platform for financial services which then means we are seeking to move to not just identify ourselves
