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Shaping the Future of Banking in Africa With EFT Corporation

Last year, the World Economic Forum called Africa the “world leader” in digital and mobile banking. There’s no doubt that banking in Africa has undergone significant changes in the last few years and that it will continue to change and grow in the coming years. How can business leaders prepare for this? How has the

Banking-As-A-Service Platform Revenue to Reach $94 Billion Globally by 2028, as API Deployment Unlocks Fintech Innovation – Juniper Research

A new study from Juniper Research, the foremost experts in fintech markets, forecasts that global BaaS (Banking-as-a-Service) platform revenue generated from account/card issuing and transaction fees will grow by 158% to 2028; up from $36.4 billion this year. This expansion primarily comes from API deployment across eCommerce and freelance platforms, by connecting consumers to innovative

Interswitch and eMaisha Pay Partner to Digitize Payments in the Agricultural Value Chain

Interswitch, one of Africa’s leading integrated payments and digital commerce companies and eMaisha Pay have announced a partnership which will digitize payments in Uganda’s agriculture sector to address several challenges encountered by farmers as well as businesses throughout the value chain. To tackle issues such as limited access to credit, absence of appropriate saving tools,

Comviva Unveils Innovative Low-Code/No-Code Platform for Digital Payments and Banking

Comviva, the global leader in customer experience and data monetization solutions, today announced the launch of its transformative Low-Code/No-Code Platform. Comviva’s Low-Code/No-Code composable platform is an extension of its existing mobiquity® platform and shall enable Financial Institutions, including Banks, FinTechs, and Digital Wallet providers to revolutionize the development landscape. The new platform will help Financial

Absa Bank Partners With Visa to Launch Superior Card Payment Offering for Travel Agents and Businesses

Absa Bank Kenya, in collaboration with Visa, a world leader in digital payments, has introduced the Visa Commercial Choice Programme, a new Corporate Card solution targeting members affiliated with the Kenya Association of Travel Agents (KATA), allowing them the benefits of automation, flexibility and better cash flow management. Under this partnership, travel agents under KATA

Innovate or Stagnate – Amplifin

The modern landscape is continually and rapidly evolving, with innovation becoming an indispensable component of growth and adaptation. A recent Harvard Business School online article highlighted the importance of innovation in business as a critical driver of success. Besides success, considering the rapid – almost daily, it seems – advancements in technology such as AI,

Zeepay Raises Equity From Leading Institutions to Support Its Ongoing Expansion

Africa50 and Oikocredit lead equity investment in Ghanaian fintech Zeepay to support Africa expansion; The investment will support the expansion of Zeepay’s cross-border remittances and mobile financial services business across Africa and the Caribbean; The investment was made by Africa50, Oikocredit, Injaro Ghana Venture Capital Fund (IGVCF) and Verdant Capital Hybrid Fund, with a follow-on

Decoding Financial Crime to Address South Africa’s Financial Crime Emergency – RelyComply

South Africa’s financial sector faces an Anti-Money Laundering compliance crisis, with authorities cracking the whip on institutions that fail to meet their obligations to combat financial crime and the country’s continued presence on the Financial Action Task Force (FATF) grey list, adding to the cost of doing business. That’s according to Bradley Elliott, CEO at

Visa’s Growing Services Business Infused with New AI-Powered Products

Visa, a leader in digital payments, announced continued expansion of its global value-added services business with the addition of three new AI-powered risk and fraud prevention solutions. The new products, part of the end-to-end Visa Protect suite, are designed to reduce fraud across immediate account-to-account and card not present (CNP) payments, as well as transactions

Fintechs Should Develop Products That Address the Exact Needs of Their Customers – Mukuru

By Mike Cook, Mukuru Head of Wallet and VAS; Lorraine Nyawo, Mukuru Head of Product Domain: Financial Services All around the world businesses are pulling out the stops to achieve growth in what can best be described as challenging economic conditions. Africa is no exception. The continent has long been recognised for its immense potential,

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