MCB Group Posts Profits of Rs 2,5 billion (Sept 2019)

For the quarter ended September 2019, MCB Group has posted profits of Rs 2.5 billion, which represents an increase of 18.9% in comparison to the corresponding period last year. Commenting on the results, Pierre Guy Noël (Chief Executive – MCB Group Ltd) said: “Group attributable profits went up by 18.9% to reach Rs 2,533 million

FNB Launches Easy Zero, a No Monthly Fee Digital Account With a Card

FNB has launched Easy Zero, a fully-fledged digital bank account with a card to allow customers to transact easily, conveniently and safely without paying a monthly fee. The mobile account was formerly known as eWallet eXtra. The revamped digital account will now have a branded FNB bank card, providing customers with free card swipes, cost-effective

Spark ATM Systems have Installed 4000 ATM’s

In its 14th year of trading, and about to celebrate 15 years of excellence in 2020, Spark ATM Systems have officially laid down a marker in the ATM industry in South Africa, as the leading independent ATM deployer. Our ever-growing national network of ATMs can be found in every conceivable type of bank branch, retail,

Nedbank and Fexco Partnership Enables Global Visitors in SA to Pay in Their Home Currencies

In a move that is sure to have positive growth benefits for South Africa’s tourism industry, Nedbank and Fexco, a leading independent global provider of DCC and multi-currency (MCP) technologies, have announced an extension to their partnership that will see Fexco’s world class Dynamic Currency Conversion (DCC) solution provided to Nedbank merchants and their international

FSS and Oracle Partner to Transform Digital Payments in Africa

FSS, one of India’s largest payments processor and a leading global provider of integrated payment products, and US-based Oracle Financial Services, will collaborate to enhance digital payments for banks. As part of this strategic relationship, FSS will provide specialized integration and hosting services for Oracle’s cutting-edge Oracle Banking and Payments solutions. FSS will also extend

CR2 Now Powering the Largest Retail Bank in Africa

Congratulations to our customer Access Bank, Nigeria, who “successfully completed the upgrade of their digital and technology platforms to one of the best banking platforms in the world”. CR2 is very proud to have played a large part in this. This achievement represents one of the fastest integrations of two significant banks in Africa.  With

ACI Worldwide’s Retail Payments Solution Helps Cardtronics Drive More ATM Transactions

ACI Worldwide, a leading global provider of real-time electronic payment and banking solutions, today announced an extension of its long-term relationship with Cardtronics, the world’s largest ATM operator. Cardtronics, a long-time ACI customer, is modernizing its offerings for merchants and financial service providers through ACI’s UP Retail Payments solution – an integrated platform for all

PayGate.co.za Becomes DPO South Africa

Just over two years ago, we announced the acquisition of PayGate by the DPO Group. This meant our South African merchant community had access to the impressive DPO network to help them grow and expand into more than 18 African markets and enjoy the support of Africa’s largest payment service provider. As part of the group’s

Adyen Launches Card Issuing Offering

Adyen offers the first global, end-to-end card issuing solution completely built in-house. Adyen, the global payments platform of choice for many of the world’s leading companies, has announced the addition of card issuing to its offering. Adyen Issuing will enable clients to provide virtual and/or physical cards to their customers. Cards issued by Adyen can

Fidelity Bank’s 9 Months Profits Hit N23bn, On Course to Deliver its 2019 Financial Targets

Fidelity Bank Plc has posted an impressive financial performance for the 3rd Quarter of 2019 and is on course to finishing strong in the 2019 Financial Year (FY). Details of the 9-months results for the period ended September 30, 2019, released on Tuesday at the Nigerian Stock Exchange (NSE) showed a strong double-digit growth in