G-Money which was established in January 2020 registered its one-millionth customer on the 10th of April, 2021. The achievement of this milestone in just over a year shows strongly that G-Money is a force to reckon with in the mobile money services marketplace. The trailblazing product was set up to offer an attractive alternative to Mobile
FSS (Financial Software and Systems), a leading global provider of integrated payment products and a payment processor, is to collaborate with Zwipe to bring next generation contactless payment cards to issuers globally. Zwipe is a payment FinTech recognized for having pioneered the development of biometric payments and has delivered many successful pilots around the world.
The Bank of Mauritius (Bank) has joined the Organisation for Economic Co-operation and Development International Network on Financial Education (OECD/INFE). The OECD/INFE is a forum that brings together central bankers and policy makers from over 125 countries. It constitutes an important platform for the sharing of best practices and experience on the promotion of financial
Ade Ayeyemi, Ecobank Group CEO, said: “The firm’s performance in the first quarter was strong, despite the continuing challenging operating environment. Revenues increased 4% to $409 million, and we earned $100 million in profit before tax, an increase of 11% year-on-year. Earnings per share grew by 8%, and return on tangible equity was 15.7%. These
NCR Corporation, a global enterprise technology provider for the financial industry, and Google Cloud have announced a global strategic partnership. Under the terms of the agreement, NCR will expand cloud availability of its Digital Banking software portfolio, including NCR Channel Services for retail banking as well as its card and payments processing platform NCR Authentic. “This initiative expands the cloud deployment
The Banking Association South Africa (BASA) Transformation in Banking Report 2020 reflects the progress made by banks in transforming the industry and increasing economic inclusiveness and empowerment, despite constrained economic conditions. Significant progress was made on key metrics that track the transformation of the industry and its support for Broad-based Black Economic Empowerment in 2019.
Absa Group Limited has appointed Deon Raju as Chief Risk Officer, with effect from 1 June 2021. Deon is currently Absa Group Treasurer, primarily responsible for the liquidity risk, funding, capital, and non-traded market risks of the Group. He has been with Absa for more than 20 years, having held roles in Enterprise Risk, Finance,
Mastercard has announced the appointment of Shehryar Ali as Country Manager for East Africa. With more than 19 years of experience driving financial and digital solutions in the region and working in well reputed banks in Africa & Asia, Shehryar brings with him a wealth of experience. He will be based in Mastercard’s regional head
Leading South African digital-first fintech enabler, Ukheshe Technologies, has announced the appointment of Anton Coertzen as President of Strategic Partnerships. Coertzen will be responsible for growing the business through key partnerships which complement the company’s business development and product innovation strategy. The appointment comes as Ukheshe continues to entrench its position as a formidable payment
Guaranty Trust Bank (Ghana) Limited and UnionPay International have signed a Memorandum of Understanding (MoU) to mark a partnership which will grow the footprint of UnionPay cards acceptance on the bank’s digital channels. The MoU was signed by the Chief Operating Officer of GTBank, Ayokunle Yusuf, and General Manager, Africa branch of UnionPay International, Luping
