Mastercard and Network International Launch Digital Platform to Accelerate Digital Payment Adoption Across Middle East and Africa

Posted on by Staff Writer | 6033 Views | 12 min read

Innovative digital solutions will enhance mobile-based payments for issuers, merchants, acquirers and consumers Mastercard, a technology leader in the global payments industry, and its strategic partner, Network International, the leading enabler of digital commerce in the Middle East and Africa (MEA) region, have collaborated to launch a new digital platform which will accelerate the adoption

Planet Fitness Makes the Smart Move in Partnering with Bitventure for the Latest Payment and Onboarding Technologies

Posted on by Staff Writer | 4314 Views | 15 min read

Market-leading gym group, Planet Fitness, announced that they have adopted the latest in smart payment collection technologies for enhanced management of membership payments. This has transformed new member enrollment into a remarkably quick and seamless process and improved their collection success rates. The new technologies are powered by Bitventure, the payment, verification, and onboarding solutions

An Industry at Growth: The Rise of Online Betting in Africa

Posted on by Staff Writer | 2370 Views | 13 min read

Humans have engaged in gambling since the dawn of time. In ancient Rome, gladiator fights were a means of sports betting, while the ancient Chinese loved lotteries. The introduction of online sports betting has led to the growth of the betting industry worldwide. Punters can place their bets on Betway sports online betting at the comfort of

Wari and Lycaremit Enter Strategic Partnership to Facilitate Cross-border Remittance

Posted on by Staff Writer | 3239 Views | 11 min read

Lycaremit users will benefit from Wari’s highly secure network to access low-cost fund transfers across 30 African countries, Europe, Russia, and the Middle East Wari (www.Wari.com), a global platform offering digital financial services, is partnering with Lycaremit to strengthen its global network; Lycaremit users will benefit from Wari’s highly secure network to access low-cost fund

SWIFT Community Update – Focus on South Africa: SWIFT Strategy – Our Vision for Instant, Frictionless Payments and Securities

Posted on by Staff Writer | 3519 Views | 21 min read

Over the next two years and beyond, SWIFT will deliver on an exciting strategic roadmap for and with its global community of 11,000 institutions, expanding SWIFT’s capabilities beyond financial messaging to provide a platform for comprehensive transaction management services. This new approach will support and accelerate innovation, paving the way for financial institutions — independently,

First Bank of Nigeria Deepens Financial Inclusion with Largest Agent Banking Network, Empowers SMEs

Posted on by Staff Writer | 3872 Views | 6 min read

At present, there are over 86,000 banking agents across 772 out of the 774 local government areas in Nigeria, a demonstration of FirstBank’s commitment to deepening financial inclusion and ensuring the unbanked are adequately catered for. In an interview with BusinessDay, Adesola Adeduntan, FirstBank’s CEO, noted that over N9.6 trillion had been processed through the

Sparking a Trend in ATM Technology and Innovation

Posted on by Staff Writer | 4858 Views | 19 min read

Spark ATM Systems, South Africa’s leading independent ATM deployer, won five awards at the tt100 Business Innovations Awards. The company also proudly added the Fintech Award of the 2020 Africa Tech Week Awards to its trophy cabinet. The tt100 Business Innovation Awards programme was launched in 1991 to create awareness of the role of technology

HPS Completes the Acquisition of IPRC

Posted on by Staff Writer | 9371 Views | 5 min read

Completion of IPRC acquisition HPS Group has announced the completion of the acquisition of IPRC, announced on July 9th. Following the lifting of the last suspensive conditions related to administrative authorizations as dictated by the regulations in force, HPS and IPRC proceeded on January 7th , 2021 to the signing of the reiterative deed of sale

GCB Bank Rewarded by A.M.A For Role In COVID-19 Fight

Posted on by Staff Writer | 3696 Views | 7 min read

GCB Bank Limited has been rewarded by the Accra Metropolitan Assembly (AMA) for its role in the fight against the COVID-19 pandemic in the Accra Metropolis and the entire country. The plaque was presented to GCB Bank at a short ceremony held at the City Hall of the AMA to reward various organizations that partnered

FNB | Bank on SA’s Most Valuable Brand in ‘21

Posted on by Staff Writer | 3637 Views | 21 min read

Despite increased economic uncertainty, FNB, the most valuable brand in SA, is increasing its focus on building even more trust and further assisting their customers to thrive. According to Jacques Celliers, CEO of FNB, businesses and individuals now have the advantage of hindsight, and those that are able to apply many of the difficult lessons