Altron in Partnership to Launch Public Transport Cashless Payment Solution in Rwanda

Posted on by Staff Writer | 6753 Views | 6 min read

JSE-listed technology company Altron, through its Rest of Africa operations, has partnered with Pascal Technologies to provide a seamless and integrated payment system for motorcycle public transport services in Rwanda. In terms of the deal, Altron is supplying the infrastructure comprising of payment terminals, GPS devices and mounting units, while Pascal Technologies is supplying the software

Absa CIB Named Best Investment Bank in Africa at the EMEA Awards

Posted on by Staff Writer | 8640 Views | 12 min read

Absa Corporate and Investment Banking (CIB) claimed top honours in the 12th EMEA Finance African Banking Awards for 2019 when it was awarded Best Investment Bank in Africa; it also won Best Investment Bank in Botswana, South Africa, Tanzania, and Zambia as well the Best Equity House in Mozambique and the Best Loan House in

ZICB Launches Suite of Mastercard Digital Solutions To Boost Business Growth in Zambia

Posted on by Staff Writer | 4282 Views | 8 min read

Zambia Industrial Commercial Bank Limited (ZICB) has announced a partnership with global payments technology company Mastercard to issue Mastercard prepaid and debit business cards, providing its business customers with a safer and more convenient alternative to transacting with cash. This is the first time a Zambian bank will issue Mastercard business cards, which enable companies

MCB “Bank of the Year 2019” in Mauritius

Posted on by Staff Writer | 4074 Views | 4 min read

MCB has won the “Bank of the Year 2019” in Mauritius title award by the prestigious publication The Banker, a subsidiary of the Financial Times Group. The trophy was given to Raoul Gufflet, Deputy Chief Executive of MCB Ltd, on the occasion of an event held at the Sheraton Grand London Park Lane Hotel in

Financial Inclusion Firmly on Africa’s Agenda

Posted on by Staff Writer | 5359 Views | 9 min read

A year since launching, uKheshe, South Africa’s cheapest and most convenient QR cash card and micro transaction platform, has left an indelible imprint on South Africa’s unbanked and underbanked. The start-up, with over 300 000 users to date, has forged ahead with its financial inclusion strategy, receiving high praise and global recognition. Clayton Hayward, co-founder and

SWIFT African Regional Conference 2020

Posted on by Staff Writer | 8265 Views | 9 min read

We are delighted to announce that the SWIFT African Regional Conference (ARC) will take place in Cape Town, South Africa, on 21-23 April 2020. ARC is an annual event bringing together more than 600 leading financial services executives from over 55 countries, across Africa and beyond, to do business and shape the future of Africa’s

Standard Bank Launches the First SHYFT UnionPay Card to South African and Chinese Clients

Posted on by Staff Writer | 4837 Views | 18 min read

While thousands of South Africans travel to China each year for leisure and business purposes, transacting in the country can be a frustrating experience. The limited acceptance of other international bank cards forces travelers to first convert Rands to Renminbi and then carry that foreign currency in cash. While some credit card facilities are available,

uKheshe Partners With Mastercard to Bring Mobile Payments to Unbanked South Africans

Posted on by Staff Writer | 4068 Views | 10 min read

uKheshe, a locally developed financial inclusion platform, has further enhanced its offering to the unbanked by collaborating with Mastercard to enable informal traders, street vendors and casual labourers to accept digital payments through Masterpass, Mastercard’s digital payment service. By combining their expertise and reach, the companies intend to boost financial inclusion, targeting the more than

Orange Bank Celebrates Its Second Birthday as it Continues to Grow

Posted on by Staff Writer | 3030 Views | 16 min read

Two years after its launch, Orange Bank is living up to its initial promise; occupying a position in the banking market with an offer that differentiates it from the competition: simple, accessible, above all mobile and regularly enriched with new services such as transfers by SMS  in 2018 and the Visa Premium card in 2019.

Crossfin Ventures Backs Mobile Wallet Platform My-iMali

Posted on by Staff Writer | 4775 Views | 17 min read

Integration of mobile wallet with debit card a ‘holy grail’ for displacing cash, creating financial products for informal market. African fintech holding company Crossfin has made a strategic investment into mobile wallet platform My-iMali through its Crossfin Ventures angel investment arm. My-iMali, which was founded in 2018, provides lower-income consumers with the ability to transact