Standard Bank to Partner with Northern Trust to Offer Transition Management Services Across Southern Africa

Posted on by Staff Writer | 3781 Views | 7 min read

Standard Bank has signed a memorandum of understanding (MoU) with Chicago-headquartered financial services company Northern Trust, to partner on the delivery of transition management services across Southern Africa. Under the partnership, Standard Bank’s clients will gain access to Northern Trust’s full suite of transition management services. Transition Management is a core offering at Northern Trust

BankservAfrica Selects TCS BaNCS™ to Drive South Africa’s Rapid Payments Program

Posted on by Staff Writer | 3724 Views | 12 min read

Tata Consultancy Services (TCS) has been appointed as the technology provider for South Africa’s payments platform build for the Rapid Payments Programme (RPP). By joining forces with TCS, BankservAfrica will evolve payments for the hyperconnected digital economy in South Africa and beyond. “Following our rigorous selection process, TCS emerged as the natural fit, matching our key

New Automated Clearing House goes Live in Zimbabwe

Posted on by Staff Writer | 5236 Views | 6 min read

Finteq Africa is proud to announce the recent go-live of their flagship product, FCH. This is an ISO 20022 EFT Clearing House solution, deployed into the Zimbabwe financial industry through the National Switch, Zimswitch. The Finteq ISO 20022 EFT ACH subscribes to globally accepted and promoted payment processing standards, helping African countries to step boldly

ACI Worldwide and Auriga Partner to Launch Next-Generation ATM Acquiring and Self-Service Banking Platform

Posted on by Staff Writer | 4480 Views | 9 min read

New platform improves omni-channel experience for consumers, including self-service channel integration with mobile and internet banking ACI Worldwide has announced a partnership with Auriga, a market leader for omni-channel banking and payment systems. The companies will launch a next-generation ATM and self-service banking platform aimed at improving the omni-channel banking experience for consumers globally. Under this partnership,

Mastercard and MTN Empower Millions of Consumers in Africa to Make Payments on Global Platforms, Advancing Digital Financial Inclusion

Posted on by Staff Writer | 3857 Views | 16 min read

Partnership will enable millions of MTN customers to pay on global online platforms with a Mastercard virtual payment solution linked to MTN MoMo wallet Mastercard’s technology will enable new digital commerce opportunities for consumers and merchants with or without a bank account, through a simple and secure payment experience Collaboration underpins a new wave of

‘Banking4U’ App by Kenya-based Tech Services Company, SG NewTech, Wins Award at Finastra’s Global Hackathon

Posted on by Staff Writer | 3875 Views | 10 min read

SG NewTech, a Kenya-based tech services company and subsidiary of Software Group, has won an award for ‘Best in MEA’ at Finastra’s Global Hackathon “Hack the Future” for its latest project, Banking4U, designed to provide quick and easy access to bank loans. Created by SG NewTech employees, Faith Kangichu and Yonah Ochieng, the winning Banking4U App

Ecobank Transnational Incorporated Announces Hervé Assah as New Non-Executive Director

Posted on by Staff Writer | 3812 Views | 6 min read

Ecobank Transnational Incorporated (ETI), parent company of the Ecobank Group, announces the co-option to its Board of Directors of Hervé S. Assah, as Independent Non-Executive Director from the CEMAC Region. Hervé S. Assah is a national of Congo Brazzaville with almost four decades’ experience as a senior executive in various fields, including investment and financial

RBR | Modern Point-of-Sale Software Helps Retailers Enhance In-store Shopping Experience

Posted on by Staff Writer | 2954 Views | 10 min read

Latest research finds a wide range of retailers have migrated to new POS solutions, while others are leveraging existing software to enable diverse customer journeys. COVID-19 has made a flexible, unified commerce approach vital The COVID-19 pandemic has accelerated an already pressing need for the largest retailers to be more agile and offer customers the

Zapper | High-value Vs Low-value Payments – Making Checkouts Count

Posted on by Staff Writer | 4333 Views | 17 min read

Getting customer insight and loyalty from each and every transaction The pandemic has shocked local businesses into action when it comes to transitioning from offline to online. While many have managed to digitise aspects of their business, brick-and-mortar companies are yet to fully realise the customer insight and retention benefits of ecommerce transactions. “So many

Mauritius Commercial Bank Taps Windward’s AI Solution to Optimize Trade Finance and Compliance Processes

Posted on by Staff Writer | 4268 Views | 9 min read

MCB will integrate Windward’s Predictive Intelligence solution to increase efficiency across its trading practices, empowering MCB to continue to trade with confidence in an era of rapidly increasing risks Windward the Predictive Intelligence company applying AI to transform global maritime trade, and Mauritius Commercial Bank Ltd the longest-standing and leading banking institution in Mauritius have