MINT, Mastercard and Commercial Bank of Ethiopia Collaborate to Transform Government Services

Ethiopian government has integrated Mastercard Payment Gateway Services into its e-services portal which will enable the digital payments of government services The Ministry of Innovation and Technology (MINT), Mastercard, and Commercial Bank of Ethiopia have partnered to enable payments through the government e-services portal, which will allow Ethiopians to access and pay for government services

Mastercard Partners with Bank Alfalah for Market-First Launch of Tap on Phone and Simplify Commerce Solutions in Pakistan

Partnership is the first time Mastercard Tap on Phone solution and Simplify Commerce platform will be available in Pakistan The agreement provides Pakistani businesses with robust, quick and easy digital payment acceptance solutions Mastercard and Bank Alfalah have entered into a strategic partnership to empower businesses in Pakistan through the launch of two of Mastercard’s

CR2 Named Technology Leader in the Digital Banking Platform Market 2022 by Quadrant Knowledge Solutions

Quadrant Knowledge Solutions announced today that it has named CR2 (www.cr2.com) as a 2022 technology leader in the SPARK Matrix analysis of the global digital banking platform market. The Quadrant Knowledge Solutions SPARK Matrix™ includes a detailed analysis of global digital banking platform market dynamics, major trends, vendor landscape, and competitive positioning. The study provides competitive analysis

Absa Group Appoints Arrie Rautenbach as Chief Executive Officer

Absa Group has announced the appointment of Arrie Rautenbach as Chief Executive Officer (CEO), effective immediately. The appointment follows a thorough recruitment and selection process completed by the Board. Arrie, who is currently Chief Executive of the Group’s retail and business banking (RBB) unit, is the first internally appointed CEO since 2006. He has more

Building Africa’s Leading Trade Platform – Standard Bank

Technology, presence and global reach define continent’s future trade ecosystem Delivering on Standard Bank’s ambition to build Africa’s dominant business trade platform is not as unlikely as many may think. As a bank committed to driving Africa’s growth, for decades Standard Bank has steadily expanded its footprint and deepened its reach and capability across 20

Mastercard, Network International and NBS Bank Plc Partner to Accelerate Digital Payments Adoption in Malawi

NBS Bank plc in Malawi is the first bank in Middle East and Africa to incorporate Mastercard and Network International digital payments platform into their digital app The partnership will deliver a seamless experience and drive greater adoption and utilization of digital payments for NBS Bank’s customers This collaboration will underpin a new wave of

SARB Green-lights New SME banking Platform from Lulalend, Access Bank

The South African Reserve Bank (SARB) has given regulatory approval for a new partnership designed to serve the SME sector exclusively. Powered by Access Bank South Africa Ltd, the collaboration with Lulalend will see the creation of Lula, a platform that will address common challenges SMEs face when managing finances. A 2020 McKinsey study showed

West Africa Set to Unlock the Power of Small Businesses – Standard Bank

Standard Bank’s BCC division driving Africa’s growth one small business at a time Standard Bank’s recently established Business & Commercial Clients (BCC) division is deliberately focused on building a capability ecosystem to support small traders, agribusinesses, emerging manufacturers and entrepreneurs to grow into formal enterprises – or even become national corporates or cross-border multinationals. In

Update on the South African Reserve Bank’s Disposal of its 50% Shareholding in African Bank Holdings Limited

On 1 June 2021 the South African Reserve Bank (SARB) announced its process to dispose of its 50% shareholding in African Bank Holdings Limited (ABHL), given the potential conflict as the regulator, the significant shareholder, and the lender of last resort to African Bank Limited. The SARB appointed a set of transaction advisers and proceeded

Stanbic IBTC Introduces Flex Border to Ease Cross-Border Transactions

Stanbic IBTC Bank PLC, a subsidiary of Stanbic IBTC Holdings PLC, has announced the introduction of the Stanbic IBTC Flex Border, a newly added feature on its digital platforms aimed at simplifying customers’ experience with international payments and cross-border transactions. The Flex Border feature will enable Stanbic IBTC domiciliary account holders make direct international fund