Mastercard and Kasha Strengthen Commitment to Empower Women and Support Micro-Entrepreneurs in Africa

Mastercard has expanded its relationship with Kasha Global Incorporated through an investment in the purpose driven ecommerce platform. The companies will continue their shared efforts to ensure women across emerging markets have essential access to health and personal care products along with the information required to support everyday hygiene needs. Combining online and offline capabilities,

First Bank of Nigeria Corporate Statement on The New Board Constitution

We refer to the Central Bank of Nigeria Limited (CBN) pronouncement on the reconstitution of the Board of Directors of First Bank of Nigeria Limited. Further to the press conference held by the Governor of the Central Bank of Nigeria, Mr. Godwin Emefiele CON on Thursday, 29 April 2021, the Boards of FBN Holdings Plc

Leading South African Microfinance Institution, Barko Goes Live on Temenos SaaS in Under 6 Months to Deliver Finance Faster

Temenos SaaS provides launch-pad for Barko Financial Services to challenge incumbents with new retail banking services that are fast, efficient, and competitive With Temenos technology Barko Financial Services is helping 1.5 million South Africans access finance fast, in less than 4½ minutes, without visiting a branch; Using Temenos Infinity, BFS was able to reimagine the

African Countries Reach E-commerce Tipping Point – PayU Report

South Africa’s m-commerce up 35%, Nigeria is Africa’s biggest e-commerce market, and Kenya primed for massive growth Multiple factors have combined to bring African countries to an e-commerce adoption tipping point, creating more opportunities than ever for online and omnichannel merchants. This is particularly true for merchants in fashion, beauty, education, and digital goods. This

Worldline Continues to Build its PPaaS Solution, at the Heart of its Terminals, Solutions & Services Transformation Roadmap

Worldline announced that it has completed the second phase of development of its new “Payments Platform as a Service” (PPaaS) solution. Worldline, the European leader in the payments and transactional services industry, has announced that it has completed the second phase of development of its new “Payments Platform as a Service” (PPaaS) solution. The commercial

Saudi Payments Launches Instant Payments System ‘sarie’ in Cooperation with IBM and Mastercard

The system aims to increase non-cash transactions in the Kingdom, supporting “Saudi Vision 2030” Saudi Payments, under the supervision of the Saudi Central Bank (SAMA) announced the launch of Saudi Arabia’s instant payments system ‘sarie’ in cooperation with IBM (NYSE: IBM) and Mastercard (NYSE: MA), the leading technology company in the global payments industry. This collaboration marks

Mastercard Enters into Strategic Partnership with Central Bank of Iraq to Advance Digital Payments in the Country

Initiative will target the education sector followed by an expansion into other sectors Alliance set to reduce use of cash, drive financial inclusion, and encourage changes in consumer behavior to foster economic development Mastercard signed a partnership agreement with the Central Bank of Iraq (CBI) to digitize the country’s payment ecosystem in a bid to boost financial

Customers Can Now Pay Small Businesses Via WhatsApp

Nedbank, in collaboration with Mastercard and Ukheshe, has launched Money Message, a new payment platform that lets small and microbusinesses conveniently receive secure in-chat payments from their customers via WhatsApp. A first in South Africa, the solution will enable merchants to send an invoice requesting a payment from any customer seamlessly through WhatsApp. Their customers in

The South African Reserve Bank Modernises the National Payment System with the DebiCheck Project

The South African Reserve Bank, as part of the modernisation of the national payment system (NPS), embarked on the Authenticated Collections (AC)/DebiCheck project. This project is a first of its kind that seeks to address the increasing levels of abuse in the debit order payment system, known commercially as the early debit order (EDO) payment

FNB Sets a New Standard in Protecting Customer Data

The Bank helps make updating and protecting data easy for customers & SMEs As data privacy and protection continues to gain prominence globally, FNB has set a new norm in the South African banking industry through the launch of innovative tools enabling individual and business customers to manage and update their information and ensure compliance