Futurebank and Paymentology Forge Strategic Partnership to Deliver Instant Issuance and Advance Modernisation Benefits

Posted on by Staff Reporter | 60414 Views | 14 min read

Open banking and Embedded Finance platform, FutureBank, has announced a partnership with leading global issuer-processor, Paymentology, to provide banks and fintechs with streamlined integration to modern card issuing and processing technology, enabling instant issuance of virtual cards. Paymentology provides banks, fintechs and telcos with the technology to issue and process any type of physical or

CR2 Named as a Technology Leader in the Card Management System (CMS) market by Quadrant Knowledge Solutions

Posted on by Staff Reporter | 105028 Views | 6 min read

CR2, a global digital banking and payments platform has been named a Technology Leader in Quadrant report on Card Management Systems (CMS) 2023. A significant achievement as CMS platforms continues to develop and offer an extensive array of advanced features for numerous use cases. This includes support for multi-product, multi-language, multi-currency, multi-scheme, and a wide

Boston Consulting Group (BCG) Global Payments Report 2023 | Key to Growth Is Creating Disruptive Solution

Posted on by Staff Reporter | 5480 Views | 22 min read

The global payments industry has come a long way over the past decade—and in a myriad of directions. Consumers and companies have shifted from cash to a burgeoning and integrated system of electronic payments solutions and value-added services. Payments have become more accessible, with innovations such as digital wallets, QR codes, and mobile money accelerating

Little App, Absa, and Visa Introduce Convenient NFC Payment Feature for Taxi Drivers

Posted on by Staff Reporter | 82496 Views | 13 min read

Little App, a leading Pan-African “everyday everything” app, has joined forces with Absa Bank Kenya PLC and Visa, a world leader in digital payments, to unveil an innovative Near Field Communication (NFC) payment feature. This collaborative effort aims to streamline and expedite the payment process on Little App taxis by allowing drivers to accept card-based

Direct Transact becomes first comprehensive Visa Ready partner in South Africa

Posted on by Staff Reporter | 63544 Views | 12 min read

Fintech enablement company Direct Transact has entered into a strategic partnership agreement with Visa, which will open up an array of multi-currency opportunities for banks, fintechs and businesses in the Central Europe, Middle East and Africa (CEMEA) region. Direct Transact (DT) has long been one of the largest Visa processors in the CEMEA region and

Pick N Pay Smart Shopper Innovates With New Digital Platform

Posted on by Staff Reporter | 94339 Views | 12 min read

Pick n Pay, a trailblazer in the loyalty space, celebrates its pioneering spirit as it embarks on a digital transformation journey with the launch of the Pick n Pay Smart Shopper app. This marks the start of a new era of customer engagement and convenience for Smart Shopper as it aims to become South Africa’s

Entersekt’s One-Call, Real-Time API Slashes E-commerce Card Fraud With One Simple Integration

Posted on by Staff Reporter | 151426 Views | 16 min read

Entersekt has announced a one-call, real-time API that will enable banks to automate cardholder updates and close the gap on e-commerce payment card fraud. With RealSync, the real-time API, card-issuing banks can now immediately act if a customer reports a credit card lost or stolen, to prevent them falling victim to online fraud. Additionally, the

BNPL, Cards and Wallets: The Technology that Connects the Dots – OpenWay

Posted on by Staff Reporter | 159108 Views | 7 min read

Download the report here. BNPL (Buy Now, Pay Later) wallets are no longer positioned as an invincible challenge to international card schemes. Even the most successful BNPL app providers have opted to collaborate with supposed rivals. Afterpay, for instance, has introduced the Afterpay Plus card, a contactless Mastercard product, and Klarna extended its popular “Pay

Scan to Pay Powered by Ukheshe – More Than Just Another Way to Pay

Posted on by Staff Reporter | 77333 Views | 12 min read

Since the brand evolution of Masterpass to Scan to Pay, Powered by Ukheshe, earlier this year, South Africa’s appetite for mobile QR payments has surged. Crafted with the user in mind, Scan to Pay is more than just a payment application – it’s a financial hub tailored for the everyday consumer. “We wanted to provide

Stitch Announces $25 Million Series a Extension Led by Ribbit Capital

Posted on by Staff Reporter | 65265 Views | 10 min read

The funding will be used to continue building out its end-to-end payments solutions and expand to additional markets Payments infrastructure company Stitch today announced a $25 million Series A extension, led by Ribbit Capital, bringing the total raised to $52 million. Stitch will use the funding to continue building its end-to-end payments solutions – designed