Credit du Maroc and Mastercard Sign Strategic Partnership to Advance Digital Transformation in Morocco

Credit du Maroc and Mastercard have signed a strategic partnership agreement to bring new technologies to the market, contribute to advancing the bank’s digital transformation, and provide personalized solutions to its customers. Both banking giants state that this partnership aims to address the daily financial needs of Moroccans and reinforce the bank’s position as an

The Future of Cross-Border Payment: Traditional vs Digital – Verto

As the world of finance evolves into the digital age, businesses now have the luxury of choosing platforms that offer convenience and efficiency in managing their finances. Companies dealing with clients in other markets can opt for digital payment systems for cross-border transactions, which promote speed, safety and cost savings. Africa is experiencing an increase

Temenos and Tech Mahindra Launch New Service on Temenos SaaS for EMIs to Get Faster to Market

Temenos today announced it has signed an agreement with Tech Mahindra, a leading global provider of technology consulting and digital solutions, for Tech Mahindra to provide a core banking offering on Temenos SaaS specifically designed for Electronic Money Institutions (EMIs) in the UK and Europe. By leveraging Temenos composable banking capabilities and Tech Mahindra services,

SMEs Require a Banking Relationship, Even in This Digital Age – Standard Bank

The World Bank estimates that small businesses constitute 90 percent of all businesses worldwide. In sub-Saharan Africa alone there are 44 million small businesses, with small and medium-sized enterprises (SMEs) accounting for 60 percent of jobs. In South Africa there are approximately 3.2 million SMEs, which make them the backbone of the economy with a

Capital Banking Solutions and Myriad Connect Announce Partnership to Enhance Digital Services in Africa

Capital Banking Solutions and Myriad Connect are excited to announce a strategic partnership aimed at combining their technologies in an open innovation approach to strengthen digital services in Africa. This partnership enables the integration of the USSD service as a native channel in CapitalBanker MFI, a digital platform that is both scalable and innovative. Thanks

Stitch Partners With Absa to Offer Absa Pay for Enterprise Merchants Across South Africa

Payments infrastructure company Stitch to offer all available direct bank APIs as part of its Pay by bank solution, including Absa Pay, Capitec Pay and Nedbank Direct EFT Payments infrastructure company Stitch today announced that it will partner with Absa, one of South Africa’s leading banks, to make the newly launched Absa Pay available to

Why QR Codes Are Leading the Charge – Zapper

We are delighted to find individuals and organisations who truly understand the benefits of using QR Codes to trigger many customer experiences, from loading websites to executing payments between consumer and merchant. Zapper has been doing the latter since its inception in 2013, and its popularity rose significantly in the early years when the novelty factor

Mama Money Partners With Access Bank and Paymentology to Launch New WhatsApp-Powered Bank Card

Paymentology the leading next-gen global issuer-processor, today announces its partnership with Mama Money, one of Africa’s leading cross-border money transfer operators, and Access Bank, to launch a pioneering new bank card service that stands out for its innovative use of WhatsApp banking. Through its integration with WhatsApp, the Mama Money Card allows you to transfer

Ukheshe Rebrands to Eft Corporation to Lead Fintech Innovation and Banking Beyond Tomorrow

In a bold step towards redefining the future of financial technology, Ukheshe has announced its official rebranding to EFT Corporation. The move consolidates Ukheshe’s pioneering digital solutions with EFT Corporation’s extensive reach and expertise under one unified brand, positioning it as a leading catalyst for financial inclusion in Africa. The rebranding of Ukheshe to EFT

PAPE Funds Expands Strategic Investment in Entersekt

Entersekt, The Financial Authentication Company, has announced that PAPE funds (PAPE) has expanded its investment in the company. Following an initial investment in July 2022, PAPE Fund 3 recently acquired Nedbank Private Equity’s equity stake in Entersekt, increasing its total investment and ownership stake. Nedbank Private Equity is a division of Nedbank Corporate and Investment