NCR Achieves 20 Consecutive Years as Self-checkout Global Market Leader

NCR Corporation, a leading enterprise technology provider, has been recognized as the world’s largest self-checkout vendor in Global EPOS and Self-Checkout 2023 from RBR Data Services. NCR has proudly held this dominant position since 2003. According to the report, more than 190,000 self-checkout (SCO) units were delivered to customers globally in 2022, the second-highest year

Mukuru Partners with Training Platform Digemy to Launch Free Financial Literacy Tool for Customers

Mukuru, the leading next-generation financial services platform headquartered in Cape Town, has announced a partnership with online learning platform Digemy to provide financial literacy education for its users. Mukuru CSI Manager Deidré Vrede says the fintech business, which connects with underserved and unbanked users across the continent and walks them along a digital financial journey,

Banks that Ignore the Human Element of Digital Transformation are Certain to Fail

For hundreds of years banks have put financial excellence at the heart of their operations. But as traditional banks rush to compete with the nimbler fintechs and digital-only challenger banks, too many leaders are neglecting the human element of their digital transformation programmes and the result of this neglect could end up costing them far

New-to-Credit Users: South African GenZs and Millennials are the Building Blocks for Greater Financial Inclusion

Millennials (aged between 27 and 42 years old) and GenZs (aged between 11 and 26 years old) constitute a large proportion of the South African population. As individuals building their careers, students entering the labour market and learners maturing into young adults, they represent the economically active citizens of the future. As such, their entry

enza group and Wema Bank Join Forces to Boost Ecommerce Payment Acceptance

enza’s innovative Payment Orchestration will enable Wema Bank to provide secure and reliable payment options at a reduced cost enza, the acclaimed new disruptor in the African payments market today announced its strategic partnership with Nigeria’s most innovative bank, Wema Bank. Through this partnership, enza will engineer its innovative payment orchestration solution to expand Wema’s

Tackling Payment Fraud Head-On in South Africa’s Mining and Construction Industries

As one of the top ten mining countries in the world, South Africa’s economy relies heavily on this industry as well as those closely related to it, such as construction. Yet this also makes these industries attractive targets for cyber criminals. The mining industry is among the most at-risk industries for fraud and in some

ATMIA Releases Comprehensive Next Gen Standards Guide

The ATM Industry Association (ATMIA) Next Gen Consortium proudly announces the release of the Next Gen Standards Guide, marking the successful conclusion of Phase-3 in the reinvention of the ATM industry. This ground-breaking guide empowers Next Gen ATM providers to develop, test, and certify Next Gen software, setting the stage for ongoing innovation in the

Makro Marketplace, Retail Capital Partner to Educate SMEs on Business Funding Options

Last week, Massmart, together with Retail Capital, a division of Tyme Bank, hosted a Business Funding Information session for its Marketplace seller base. The webinar provided these small business owners with key insights about the funding options available to them. The partnership initially began in 2021 and has, since inception, provided significant funding to enable

Trintech Acquires Financial Reconciliation Business from Fiserv

Trintech, a leading global provider of cloud-based financial close solutions for the Office of the CFO, today announced its acquisition of Frontier™ Reconciliation and Accurate™ Reconciliation from Fiserv, a leading global provider of fintech and payments solutions. Serving customers across multiple verticals including financial services, telecommunications, retail, insurance and utilities, the acquired reconciliation business will

Standard & Poor’s Reaffirms the “Investment Grade” Status of Mauritius and Moody’s Upgrades the Sovereign Scorecard-Indicated Outcome to Baa1-Baa3

The Bank of Mauritius (Bank) welcomes the decision taken by Standard & Poor’s on the 21st of July 2023 to confirm the “Investment grade” status of Mauritius and the release of a Credit Opinion by Moody’s on 25th July 2023 reviewing upwards the Scorecard-indicated outcome of Mauritius to Baa1-Baa3. On one hand, by allocating a