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Standard Bank Reports Solid Results for the Period Ended 30 June 2019

  • Headline earnings: R13 361 million, up 6%
  • Headline earnings per share (HEPS): 837 cents, up 5%
  • Dividend per share: 454 cents, up 6%
  • Common equity tier (CET) 1 ratio: Read More →

ACI Worldwide Readies European Payments Businesses for Strong Customer Authentication

New European PSD2 requirements significantly impact how European consumers and businesses buy and sell online—ACI’s UP solutions with real-time, multi-layered capabilities help businesses to lower fraud rates while providing a Read More →

The Rise of Sub-Saharan Africa as a Fintech Hub

Sub-Saharan Africa is one of the fastest-growing investment zones for financial technology companies according to new research says Forbes. The GSM Association says in its Mobile Economy, Sub-Saharan Africa 2019 Read More →

Wirecard Expands Cooperation with lastminute.com for Global Digital Payments

Recently, lm group processed a Gross Transaction Value (GTV) of EUR 2.3 billion globally

Wirecard announces collaboration with lastminute.com, part of lm group, as an international payment acceptance provider. Wirecard, Read More →

Ecobank Transnational Incorporated Announces the Appointment of Ayo Adepoju as Group CFO

Ayo Adepoju was appointed as the Acting Group Chief Financial Officer in April 2019

Ecobank Transnational Incorporated, ETI, the Lomé-based parent company of the Ecobank Group, announces that Ayo Read More →

Mastercard Acquires Nets’ Account-to-Account Payment Business

  • Advances Mastercard’s strategy to capitalize on the vast and fast-growing global Real-Time Payments opportunity
  • Helps meet application, service and payment needs of governments, consumers, and businesses across card and Read More →

Prudential Authority Imposes Administrative Sanctions on Sasfin Bank Limited

The Prudential Authority (PA) has imposed administrative sanctions on Sasfin Bank Limited (Sasfin Bank) for non-compliance with certain provisions of the Financial Intelligence Centre Act 38 of 2001, as amended Read More →

UnionPay Cards Now Accepted at all Pick n Pay Stores across South Africa

UnionPay International (UPI) has announced significant progress in the South African retail payments market through their co-operation with Pick n Pay and Absa Bank. Through a tripartite co-operation agreement, Pick Read More →

Ecobank Transnational Incorporated Announces New Appointment – Group Consumer Banking Head

Nana Araba Abban held several senior positions with Standard Chartered Bank, Royal Bank of Scotland and other institutions

Ecobank Transnational Incorporated, ETI, the Lomé-based parent company of the Ecobank Read More →

South African Reserve Bank on Africapacity’s Intention to Buy VBS Mutual Bank

The South African Reserve Bank (SARB) is aware of the assertions made by Africapacity of its intention to buy VBS Mutual Bank (VBS) or part thereof. The authorisation to conduct Read More →

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