MoData Launches Automated Reconciliation Platform as a Cloud Solution

Posted on by Staff Writer | 3404 Views | 8 min read

MoData, one of Africa’s leading digital enablement and cost-optimisation companies, will be officially launching ‘auto-Reconciliations in the Cloud’ at the forthcoming Finance Indaba Africa in Sandton on the 16th and 17th of October. The cloud-based reconciliation platform is built on the Fiserv’s world-class Financial Control Solution, which counts leading South African organisations such Old Mutual,

The Payment Processing Revolution – Why Banks Need to Plan for ISO 20022

Posted on by Staff Writer | 3323 Views | 33 min read

The migration to ISO (International Organization for Standardization) 20022 could be a quantum leap for payment processing. Don’t be fooled by the tech-speak in its title—ISO 20022 is on track to become the biggest revolution in the payment sector since the launch of the Single Euro Payments Area (SEPA) 10 years ago. So, what do

Shop on Amazon, Pay in Cash

Posted on by Staff Writer | 3654 Views | 14 min read

Amazon is making it even easier for customers to pay with cash. Amazon PayCode, already available in 19 countries around the world, launches today in the U.S. and allows customers to choose Amazon PayCode at checkout and then pay for their purchase in cash at one of 15,000 Western Union locations. Items ship once customers

Global Fintech Hackcelerator @ Southern Africa

Posted on by Staff Writer | 3756 Views | 19 min read

The top 12 innovative and sustainable fintech solutions have been shortlisted for the Global Fintech Hackcelerator @ Southern Africa. The South African Reserve Bank (SARB) will host a Fintech Demo Day on 29 October 2019 to select the two winning solutions. In August 2019 the SARB joined forces with KPMG Matchi to run the 2019

Samsung Pay Cash Launches with Mastercard

Posted on by Staff Writer | 3138 Views | 5 min read

Our mobile phones have become the epicenters of our lives. Today, we connect with friends, watch shows, hail cabs, reserve restaurants, buy things and pay each other all via our mobile devices. In fact, nearly four billion people – half the global population – are expected to use their devices to pay by 2024, according

Standard Bank Partners with iiDENTIFii to Enable Secure, Frictionless Digital Banking

Posted on by Staff Writer | 4080 Views | 15 min read

Standard Bank, Africa’s largest bank operating in over 18 African countries as well as in Asia, Europe, North America and South America, have partnered with iiDENTIFii, a Cape Town-based technology company that enables remote biometric digital authentication and automated onboarding. By deploying the world-leading iiDENTIFii solution across the bank’s existing product and service offerings, Standard Bank

M&S Chooses Ingenico Enterprise Retail to Deliver Omnichannel Payments in UK

Posted on by Staff Writer | 3336 Views | 13 min read

Ingenico Group, the global leader in seamless payments, is proud to announce its new partnership with high-street retail icon, M&S. Both companies will work together to implement a new payment service that will encompass all M&S customer touch points and digital channels, which are critical to supporting its sales and customer experience ambitions. The new

Centenary Bank Reaches Over 250,000 Ugandans in Financial Inclusion Drive

Posted on by Staff Writer | 4516 Views | 14 min read

In an effort to drive financial inclusion, Centenary Bank the leading Microfinance Bank has made tremendous strides in extending financial services to the unbanked communities through authorised Agents who offer the same services offered by the bank. Following the enactment of the Financial Institutions Act 2017, Bank of Uganda has spearheaded financial inclusion of the

Standard Bank Scoops Awards at SIBOS

Posted on by Staff Writer | 16901 Views | 7 min read

Standard Bank Group, Africa’s largest bank by assets, has received a number of industry awards from Global Finance, presented on the side-lines of the annual 2019 SIBOS conference held in London. “We are pleased to have received these awards which serve as recognition of our Africa-focused strategy, and bear testament to our role in continuing

Revolut Chooses Visa as Lead Issuing Partner to Drive Rapid Global Expansion

Posted on by Staff Writer | 3307 Views | 15 min read

Visa and Revolut, the leading fintech in Europe, today announced a new agreement that will help Revolut expand its business globally. Leveraging Visa’s brand, scale and global acceptance footprint, Revolut will be able to bring its product offerings to five new regions, reaching 24 new markets, for a total of 56 markets globally. Under the terms