Accel-KKR Welcomes Tim Sherwin to Entersekt Board of Directors

Accel-KKR, a technology-focused private equity firm, today announced the appointment of Tim Sherwin, former CEO and Co-founder of Cardinal Commerce, to portfolio company Entersekt’s board of directors. Entersekt, the financial authentication company, provides financial institutions around the world with digital banking fraud prevention and payment security solutions. As former CEO and Co-founder of Cardinal Commerce,

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,

Mastercard and Onafriq Collaborate to Increase Accessibility to Financial Services Across Africa’s Payment Ecosystem

Mastercard and Onafriq (previously MFS Africa), a pan-African payments company, have collaborated to bring secure, cost-effective, and innovative payment options to consumers, as well as small and medium enterprises (SME) across the continent. Africa’s mobile money sector is one of the most established and fastest-growing fintech industries in the world. According to The State of

Parting Ways with Legacy Payments: Compelling Reasons To Take The Leap – OpenWay Group

Large financial institutions with outdated payment platforms face many challenges. Compelling reasons to leave legacy systems behind include the need for cross-border capabilities, better customer experiences, consolidation of different businesses, managing multiple platforms, and anticipating rapid growth. Nevertheless, many organizations in the payments industry choose every year to take the leap and migrate to a

Unlimit Secures Payments Licence in Tanzania and Further Expands Presence in Africa

Unlimit, the global fintech company, today announced its entry into the Tanzanian market and the receival of the Bank of Tanzania (“BOT”) licence, marking another significant step in the company’s expansion within the region. The approval of Unlimit as an authorised payment service provider by the BOT will allow the fintech to provide a range

Mastercard Partners With Fintech Sava to Empower Africa’s Small Businesses Through Financial Management Technology

Mastercard and Johannesburg-based fintech company SAVA have announced a partnership that will support small, medium, and micro enterprises (SMMEs) through innovative payments technology and infrastructure. Through the partnership, the two entities will provide small businesses in South Africa, Nigeria, Kenya, and Egypt with an online platform, powered by SAVA’s Payment Transaction System (PTS), that includes

Innovative POS Partnership Changes Zambia’s Payment Landscape – ExiPay and Izwe

ExiPay and Izwe’s all-in-one payment terminal opens new revenue streams for merchants A partnership between payment innovation company ExiPay and loans and financial services provider Izwe has resulted in an all-in-one point of sale (POS) solution, called Izwe Pay, that facilitates payments across mobile money and card payments in Zambia. It also brings additional value-added

Fintech Going Native in the Cloud – ExiPay Africa

Dr Derek Keats, Co-founder ExiPay / Managing Director, ExiPay Africa The FinTech industry is currently experiencing a significant shift away from stand-alone servers (sometimes called ‘on tin’), towards a cloud-native infrastructure model. This move has significant benefits for the industry as a whole, and payment-as-a-service specifically. The concept of ‘cloud-native’ is an approach to designing,

Entersekt Awarded New Patent for Frictionless Multi-Factor Authentication

Entersekt, the financial authentication company, continues its trailblazing innovation in the fight against financial fraud with its 99th software technology patent application being granted by the US Patent office. Entersekt was recently awarded a new patent for its approach in enabling frictionless, multi-factor authentication (MFA) – US granted patent “Frictionless SCA (Strong Customer Authentication).” This

Finverity Announces Strategic Executive Appointments to Drive Next Phase of Growth

Finverity, the trade and supply chain finance digital ecosystem, today announced significant changes to its executive team, providing the company with operational excellence as it prepares for its next growth phase. Symmie Swil, with her impressive track record in business banking, has been promoted to the role of Chief Operating Officer (COO), while Alex Fenechiu,