IFC, a member of the World Bank Group, and Nedbank Limited have partnered to increase financing for renewable energy projects in South Africa, helping the country transition to cleaner forms of power, reduce greenhouse gas emissions, and create jobs in the renewables sector. IFC will provide Nedbank Limited, a wholly owned subsidiary of Nedbank Group,
Standard Bank was recently awarded the Celent’s Model Risk Manager 2021 Award for the KYC on the Go App, which is enabled by the Microsoft Power Apps platform. Celent’s annual Model Risk Manager Awards recognise the best practices of technology usage in different areas critical to success in terms of risk. The submissions are judged
New study of consumers in 24 countries shows the pandemic is prompting billions to consider more sustainable behaviors A large proportion of adults (85%) state they’re willing to take personal action to combat environmental and sustainability issues in 2021 New Mastercard feature enables banks to equip people with carbon footprint data and insights to help
SendSpend poised to become frontrunner in race with payment giants. According to The World Bank’s Global Findex Database, in 2015 there were 350 million unbanked people in Sub Sahara Africa. Global Findex statistics are regarded as the world’s most comprehensive collection of data still cited today, which analyses how adults save, borrow, make payments, and
Kenyan agency banking startup Tanda is expanding its operations regionally after securing funding from early-stage African tech investor HAVAÍC, Zedcrest Capital, DFS Lab, Victor Asemota and three other investors. Tanda has also secured key strategic partnerships with Mastercard and Interswitch which will further accelerate its growth. The company’s expansion comes on the back of successfully
Walgreens to offer new bank account with Mastercard debit card leveraging InComm Payments’ platform InComm Payments to enhance Walgreens-branded gift card program Walgreens has announced an agreement with InComm Payments, a leading global payments technology company, to provide convenient and accessible financial services options for its customers. Together, the companies will launch a new bank account
Clothing (61%), Data top-up (55%) and computer equipment (48%) top the virtual shopping list in Ivory Coast. Top learning experiences include cooking, dancing, learning a language, and mastering DIY projects. Social media has become an integral platform for connecting consumers to online businesses Secure checkout experience recognized as fundamental for online shopping A Mastercard study
Huawei Mobile Services has teamed up with Mondia Pay, a digital payments company, to roll out seamless and contactless payments solutions for mobile network operators. Since the commencement of the partnership in September 2020, demand for the implementation of Direct Carrier Billing service (DCB) for seamless, contactless payments for mobile users in the MEA region
HPS Group today announces the completion of the acquisition of ICPS in Mauritius, which it first announced on February 9th, 2021. Following the lifting of the last suspensive conditions related to administrative authorizations as dictated by the regulations in force, HPS and ICPS proceeded on April 7th 2021 to sign the reiterative deed of sale
Ecobank Transnational Incorporated (ETI), parent company of the Ecobank Group, announces that Tomisin Fashina has been appointed as its new Group Executive for Operations & Technology, a position he will now hold in addition to his existing role of Managing Director of eProcess International. Ade Ayeyemi, CEO Ecobank Group said: “The rapidly accelerating digital adoption
