ATMIA Launches Cash Hub to Highlight the Importance of Cash

The ATM Industry Association (ATMIA) this week launched Cash Hub. The new portal will house global information about pro-cash initiatives and trends, as well as stories from members about cash during and beyond the pandemic, as a resource for the industry. To celebrate, ATMIA is calling on the ATM industry to submit their stories, videos,

Standard Bank | Digital Assets and the Evolving Role of Banks as Custodians

Masha Maharaj, Head of Custody, Investor Services, at Standard Bank South Africa As retail and institutional investors embrace digital assets, with cryptocurrencies fast becoming a mainstream asset class and blockchain technology gaining adoption across industries, banking groups will increasingly take on the role of custodians and service providers for this growing segment of the market.

Remitano Makes Money Transfer Between South Africa and Other Countries Easier and Faster with the New “Cash-out” Feature

Due to the ever-increasing volume of money transfers across the globe, Remitano, a global escrow-marketplace, has just launched a smart, free, and safe approach for international money transfers. This system will allow South Africans to send and receive Rands (ZAR) from other countries without incurring the high fees charged by most traditional banks and the

FirstBank CEO Lists Technology, Capacity as Key for Post-COVID-19 Growth

…Thumbs up mobile banking (FirstMobile) and USSD (*894#) platforms By Bolaji Israel Dr Adesola Adeduntan, Chief Executive Officer, First Bank of Nigeria Limited said technology, innovation and enhanced capabilities have become necessary to achieve significant business growth in the post-COVID-19. Adeduntan made this remark on Thursday during a Digital Disruption Series webinar organised by the

Game Remains Important Player to Handle Growing Demands for Money Transfers

Despite the many digital innovations being made in terms of cross-border payments, retailers still have an important role to play in facilitating the thousands of remittances made from South Africa each year. African retail giant, Game stores, offers cross-border money transfer services from its 120 stores nationally through several providers, including Mukuru, Mama Money, Hello

PayU: The Pace of Fintech in Africa

By Karen Nadasen, CEO at PayU South Africa The past year has for so many been difficult on an unprecedented scale, but there has also been some fascinating growth and resilience that deserves credit. COVID-19 has accelerated the rate of digitisation across the globe, and Fintech solutions are no exception. The growth of Fintechs across

Ukheshe Technologies and Infobip Collaborate to Create SA’s First WhatsApp Payment Gateway

Leading digital fintech enablement provider, Ukheshe Technologies, together with Infobip, a global cloud communications platform that enables businesses to build connected customer experiences across all stages of the customer journey at scale, have developed South Africa’s very first WhatsApp payment gateway for use by Telkom, one of the country’s largest mobile operators. In addition to

Netcash Partners With Ecwid E-Commerce to Make it Easier for SMEs to Launch Online Shops

Leading payment solutions provider, Netcash, has partnered with e-commerce platform, Ecwid E-Commerce, to launch Netcash Shop. Powered by Ecwid E-Commerce, Netcash Shop allows merchants to create an e-commerce shop and start selling their products online within a matter of minutes. Tight integration with Netcash Payment Gateway makes it simple for merchants to accept a wide

ATMIA Blog: ATMIA Publishes Next Gen ATM User Interface & Metrics

To mark the milestone of launching the online self-certification system for Next Gen ATMs, which enables customers to transact at ATMs via their mobile bank apps, ATMIA has published its global “Next Gen ATM User Interface and Metrics” best practices. The aim of the new industry manual is to guide ATM operators, vendors and service-providers to

Worldline Achieves Mastercard “Enhanced Contactless” Certification on its New Contactless Standard

Worldline is proud to announce that the first terminal series supporting the new Ecos kernel have obtained certification from Mastercard. This includes the entire Telium Tetra platform. Worldline, the European market leader in payment and transactional services, is proud to announce that the company is the world’s first payments player to achieve Mastercard Enhanced Contactless