Compass Plus Technologies For merchant acquirers across Africa, fraud prevention has long focused on minimising chargebacks, reducing scheme exposure, and protecting merchants from losses. But there is another threat hiding inside many fraud strategies: false positives. Legitimate transactions wrongly declined as fraud are not just a customer experience issue – they are a major revenue
Temenos, a global leader in banking technology, and Interswitch Group, a leading integrated payments and digital commerce company in Africa, today announced a collaboration, wherein Interswitch will adopt Temenos technology to enhance its digital banking capabilities, supporting its growth and expanding access to modern financial services across the continent. Interswitch will use Temenos solutions –
For many African financial institutions, card management is still treated as a back-office issuing function: produce cards, manage BINs, process transactions, and handle settlement. That view is becoming outdated. In today’s market, modern card management is no longer only about debit, credit or prepaid cards. It is becoming the foundation layer for digital-first experiences such
In May 1897, The New York Journal mistakenly reported that American writer, Mark Twain, was gravely ill or near death. Twain’s humorous reply, “Reports of my death have been greatly exaggerated,” has made it into modern speak. It’s the refrain that people or things have prematurely been pronounced dead. For years, the payments industry has been flirting
Yango, the food delivery and taxi service powered by global tech company Yango Group, has partnered with leading African payments technology company Flutterwave to further improve the security and convenience of digital payments for customers ordering meals or taxi rides through the platform. The partnership supports their continued expansion of cashless payment options in Zambia,
Transaction Junction’s Complimentary DCC Platform Removes Currency Friction and Drives Conversions for In-Person and Online Stores. South African retailers are riding a wave of unprecedented tourism growth. In 2025, the country welcomed a record 10.5 million international visitors—a significant 17.6% increase from 2024 and surpassing pre-pandemic levels (Stats SA and Department of Tourism). Projections from
Cardtonic has announced an expansion of its virtual card offerings, aimed at supporting global online payments for users across Africa as digital payment methods continue to play an increasingly central role in everyday economic activity. The move comes as more consumers across the continent rely on international digital platforms for work, entertainment, education, and online
In an earlier article, “Kenya’s Payments Evolution: What Banks and Fintechs Can Learn from M‑Pesa and Mobile Operators,” we explored how Kenya, often referred to as the “Silicon Savannah,” was emerging as a global leader in mobile-money innovation and digital financial inclusion. One of the key takeaways was that banks had an awful lot of
Ethiopia’s National Bank of Ethiopia (NBE) has announced a new regulatory measure requiring commercial banks to apply indicative prices set by the Ethiopian Customs Commission when processing foreign exchange transactions related to selected imported goods. According to a statement issued by the central bank, the move is aimed at improving consistency, transparency, and data integrity
BoxCommerce and Mastercard have collaborated to launch a prepaid Mastercard solution designed to give small and medium-sized enterprises (SMEs) on the BoxCommerce platform fast, secure, and direct access to their earnings. The new offering marks an important step in BoxCommerce’s evolution, transforming the company from a pure e-commerce enablement platform into a fintech partner for
