Finverity Announces Strategic Executive Appointments to Drive Next Phase of Growth

Finverity, the trade and supply chain finance digital ecosystem, today announced significant changes to its executive team, providing the company with operational excellence as it prepares for its next growth phase. Symmie Swil, with her impressive track record in business banking, has been promoted to the role of Chief Operating Officer (COO), while Alex Fenechiu,

Mastercard Appoints Folasade Femi-Lawal as the New Country Manager for West Africa

Mastercard, a leading company in digital payments and technology, is pleased to announce the appointment of Folasade Femi-Lawal as the new Country Manager and Area Business Head for West Africa. With over 25 years of multifaceted experience spanning financial services, management consulting, telecommunications, and business advisory services, Folasade brings a wealth of knowledge and expertise

SA stands to win big from open banking – with the right attitude – Network International

The benefits of open banking have been spoken about within the global banking sector for some years now. While some local banks have already made concerted efforts to embrace the innovation opportunities that come with open banking, global payments as a service (PaaS) specialist, Network International, believes there is room for a more collaborative mindset

Resilience – Ayo Results Show Promise With Increased Revenue

Overcoming a set of significant challenges that no business should have to face in South Africa, JSE-listed investment holding company, Ayo Technology Solutions (AYO), released its audited condensed consolidated annual financial results for the year ended 31 August 2023 today. Whilst the results show a reduction in profits, a 28% increase in revenue bodes well

Mastercard’s Community Pass Customer Summit Paves the Way for Mastercard’s Digital and Financial Inclusion

Mastercard’s second annual Community Pass Customer Summit in Kampala, Uganda gathered more than 90 public and private sector partners, featured 20+ thought leaders dedicated to crafting sustainable solutions for digital and financial inclusion across Africa and beyond. This year’s summit showcased over 10 cutting-edge technologies and financial institutions, each presenting their digital solutions designed to

BIS Makes Changes to Its Executive Leadership Team

Luis Bengoechea appointed as Head of the Banking Department, effective June 2024. Hyun Song Shin to assume role of Head of the Monetary and Economic Department, effective January 2025, upon the retirement of Claudio Borio at end-2024. The Board of Directors of the Bank for International Settlements (BIS) has appointed Luis Bengoechea as Head of

Is Voice Biometrics in Banking Secure Enough? – iiDENTIFii

Apart from going into a branch, calling a bank feels more human for digital-shy consumers. For many, it is the first port of call for making account changes or moving large sums of money. But how safe is voice banking really, and what are the chances of someone using generative AI to fake a consumer’s

Assisted Self-Service Terminals Are Helping Banks Optimise Their Physical Networks – Datos Insights

Assisted Self-Service Terminals are helping banks optimise their physical networks The number of Assisted Self-Service Terminals (ASSTs) installed both inside and outside branches worldwide continues to see double-digit growth. These devices are instrumental in migrating transactions away from the teller line and extending access both in terms of service hours and geographic reach Banks seek

Futurebank and Paymentology Forge Strategic Partnership to Deliver Instant Issuance and Advance Modernisation Benefits

Open banking and Embedded Finance platform, FutureBank, has announced a partnership with leading global issuer-processor, Paymentology, to provide banks and fintechs with streamlined integration to modern card issuing and processing technology, enabling instant issuance of virtual cards. Paymentology provides banks, fintechs and telcos with the technology to issue and process any type of physical or

European Investment Bank Partners With Central Bank of Kenya to Unlock Climate Finance

The European Investment Bank and the Central Bank of Kenya today launched a new climate finance best practice initiative to strengthen engagement by Kenyan financial institutions to finance climate-related investment, enable commercial banks to mobilize climate finance essential to achieving a net zero economy and strengthening the climate resilience of the Kenyan financial systems. The