Sanlam, Africa’s largest non-banking financial services group, and Absa, one of Africa’s largest diversified financial services groups, have announced that they have reached an agreement to combine their investment management businesses in a transaction which will result in an asset management company with assets under management, administration and advice in excess of R1 trillion. The
Today’s digital savvy customers have a world of banking options available at a tap of their phone. The ways in which we conduct banking has changed dramatically since technology entered the fray, making it easier than ever to access solutions that meet your everyday needs, and help you to achieve your dreams and goals… whatever
FSS (Financial Software and Systems), a leading global provider of integrated payment products and a payments processor has partnered with Equicom Savings Bank (EqB) – one of the leading banks in the Philippines to address online fraud and to boost e-commerce growth. Under this partnership, FSS will provide its Secure3D, an intelligent payment authentication solution,
China Minsheng Bank, Deutsche Bank and JPMorgan Chase are latest to go live to support small businesses and consumers with fast, secure, predictable cross-border payments Rapid adoption of SWIFT Go since launch in July reinforces SWIFT strategy for instant, frictionless cross-border transactions SWIFT today announces that 100 banks around the world have signed up for
Be Mobile, a challenger bank for the unbanked and underbanked in Africa, announced that it has joined Visa’s Fintech Fast Track Program.The program allows FinTechs to leverage the speed, security, reliability and scale of Visa’s global VisaNet network and its enablement partners to introduce new payment experiences. Through this collaboration with Visa, Be Mobile is
Standard Bank and Pick n Pay customers’ shopping experience has just become even more convenient, easy, and safe, with the launch of Standard Bank’s EasyScan – a new service that enables customers to pay for their shopping using the Standard Bank Mobile Banking app. Standard Bank customers registered on the Banking App can scan the
FI Customers Can Now Conveniently Send and Receive Global Money Transfers 24/7, With a Few Clicks Western Union, a global leader in cross-border, cross-currency money movement and payments, is collaborating with major financial institutions in Africa, to enable millions of consumers to send and receive cross-border payments, quickly and reliably, 24/7. Customers of KCB Bank Kenya, the Diamond
Buy Now, Pay Later (BPNL) services are making headlines this year. Fintechs, big tech and merchants are forming new alliances to produce attractive financing options that are surging in popularity. How is this diffferent from instalment plans? How will this affect credit card companies and international payment schemes? Can you be sure that this is
In line with the latest ecommerce trend, online payment gateway PayFast has announced the addition of MoreTyme, a buy now, pay later feature recently launched by digital retail bank TymeBank, as a payment option on their platform. The feature will benefit merchants, who will be paid upfront in full, and customers, who can have their
Mastercard has welcomed the banking-as-a-service (BaaS) provider and modern card issuing platform, NymCard, as the newest company to join its Network Enablement Partner program, providing it with the ability to deliver Issuances in record time. As a Network Enablement Partner, NymCard gets a direct connectivity with Mastercard, providing it with privileged access to Mastercard’s core
