Mastercard Supports African Payment Innovation through Engage Partnership Platform

Posted on by Staff Writer | 4407 Views | 13 min read

Mastercard is expanding its Engage programme in sub-Saharan Africa, with the first Engage events in Nigeria and Kenya to introduce local fintech innovators to its broad partnership opportunities. Mastercard Engage, launched to fintechs in Nairobi and Lagos, is a global partnership and development programme that builds digital payment technology ecosystems and enhances speed to market.

Minister of Social Development Appoints New CEO for SASSA

Posted on by Staff Writer | 3626 Views | 5 min read

The Minister of Social Development, Honourable Susan Shabangu has appointed Busisiwe Memela-Khambula as the South African Social Security Agency (SASSA) Chief Executive Officer (CEO). She takes over from Abraham Mahlangu who was the stand-in CEO since 2018. Memela-Khambula comes with a vast senior management experience in the private, public and developmental sectors of the economy

The National Bank of Bahrain is the First Bank in MENA to Provide Open Banking Services

Posted on by Staff Writer | 3441 Views | 11 min read

Bahrain’s national bank partners with Tarabut Gateway, Bahrain’s first licensed open banking systems provider, to enable customers to access new digital services and aggregate all their accounts from different banks National Bank of Bahrain (NBB) has today taken a lead role in evolving the banking industry in the region, by adopting technologies that enable it

Adyen Selected By Uber As A Global 3D Secure Solution Provider

Posted on by Staff Writer | 3132 Views | 5 min read

Adyen, the payments platform of choice for many of the world’s leading companies, announced that it has been selected by Uber to be its initial solutions provider for 3D Secure (3DS). “Uber is excited to be expanding our payments platform with Adyen. We are focused on maintaining a seamless and rewarding payments experience for our

Tribunal Approves Capitec’s Acquisition of Mercantile Bank

Posted on by Staff Writer | 3381 Views | 21 min read

The Tribunal has this afternoon approved Capitec Bank Limited’s (Capitec) acquisition of Portuguese-owned Mercantile Bank Holdings Limited (Mercantile Bank), which paves the way for Capitec to enter the business banking market. Capitec was selected by the Portuguese government as the successful bidder after approximately 60 expressions of interest from foreign and local bidders were initially

Aconite Technology Powers South African Discovery Bank’s Debit and Credit Card Launch

Posted on by Staff Writer | 4051 Views | 6 min read

Aconite Technology Ltd is proud to announce that Discovery Bank, a new digital-only challenger bank launched by Discovery Central Services Limited, the leading South African insurance and financial services provider, has started issuing and processing EMV debit and credit cards using Aconite Technology’s EMV solution suite. This initiative is part of Discovery’s expansion from a

Mastercard Enables Banks and Merchants to Rapidly Innovate with New Digital Platform

Posted on by Staff Writer | 3292 Views | 14 min read

The Mastercard Innovation Engine serves as a hub for the enablement of varying digital solutions, the first of which provides highly personalized and contextually relevant cardholder experiences Mastercard has introduced the Mastercard Innovation Engine, an API based digital platform that enables issuers and merchants a simplified path to rapidly deploying digital capabilities and experiences to

Chinese Tourists Can Now Pay with Alipay at More than 300,000 merchants in Japan

Posted on by Staff Writer | 3321 Views | 12 min read

Alipay is working with its e-wallet partners to bring more Asian tourists to Japan Alipay, the world’s leading payment and lifestyle platform operated by Ant Financial, has connected more than 300,000 Japanese merchants as of early 2019 with tourists from Chinese mainland paying through the Alipay app. This was an increase of about 500 percent

uKheshe Life Card Launched Offering Hospital, Disability and Life Benefits

Posted on by Staff Writer | 3492 Views | 10 min read

uKheshe, South Africa’s cheapest and most convenient QR cash card has announced the launch of uKheshe Life, a hospital, disability and life benefits card. Offering all of the features that the normal uKheshe QR card does, but also including added hospital & life benefits for the card holder. Clayton Hayward, co-founder, uKheshe, says that in

FirstBank Hits N1 Trillion in Transactions Processed through its Firstmonie Network; Spearheads the Financial Inclusion Drive

Posted on by Staff Writer | 3339 Views | 6 min read

Nigeria’s premier financial services provider and Bank of first choice, First Bank of Nigeria Limited has announced that its Firstmonie network has processed a cumulative transaction value of N1 trillion from its relaunch in January 2018. The network also achieved nationwide coverage in record time, enabling access to financial services for many locations that never