Mastercard has announced the appointment of Ann Cairns as vice chairman, effective June 1, 2018. Gilberto Caldart succeeds her as president, International. Both will report to Ajay Banga, president and CEO. “Ann has significantly grown our international business over the past seven years,” said Banga. “Her deep understanding and appreciation of local cultures and expectations
Interswitch, Africa’s leading financial technology and electronic payments company has announced the appointment of Cherry Eromosele to the role of Group Chief Product & Marketing Officer. Prior to this appointment, Cherry had led Interswitch’s Marketing function as Chief Marketing Officer, responsible for creating and implementing innovative marketing strategies towards building the entire Interswitch brand portfolio,
In a further move to optimise its service offering, DPO Group (Direct Pay Online) will be rolling up its Southern African payment service providers (PSPs) into the consolidated brand of DPO PayGate. In August 2017, DPO Group announced its acquisition of PayGate South Africa and Virtual Card Services (VCS) South Africa. The deal followed its previous acquisitions of PayGate,
Spurred on by the company’s steady growth in Sub-Saharan Africa and in line with its focus on investing in the continent, Mastercard has appointed Raghav Prasad as Division President for Sub-Saharan Africa. Prasad will strengthen the company’s ongoing commitment to delivering value to customers and consumers in Africa by leveraging technology to build stronger and
Speakers at the International Conference on Responsible and Inclusive Finance (ICRIF) held in Kigali on 21 March urged Rwandan microfinance institutions (MFIs) to embrace new-age technology to streamline their operations and to enhance their ability to extend financial inclusion among the country’s unbanked and underbanked population. Straton Habyalimana, senior programme manager for responsible financing at
Barclays Bank Kenya has partnered with Visa to introduce the premium Signature credit card in Kenya targeting the growing number of affluent domestic and international travellers. Visa Signature has been created to service the needs of these high-achieving consumers. Kenya becomes the first country in Africa to introduce this high-end credit card. “Visa wants to
NCR Corporation, a global provider of omni-channel solutions, announced the launch of NCR SelfServ™ 80 Series, a new family of ATM solutions that will help financial institutions redefine the banking experience and change the way consumers interact with the ATM forever. According to Retail Banking Research, NCR is the leading ATM manufacturer in South Africa.
Visa Inc. has announced the appointment of two new members to its Sub-Saharan Africa (SSA) team. Bevan Smith and Rebecca Chiume join VISA SSA’s Risk and Consumer Products divisions respectively, and the new appointees will both be based in Visa’s South Africa offices. Bevan Smith has joined Visa as its new Head of Risk for
For the third year in a row, South African fintech company, Entersekt has won the Best Mobile Security Technology award in the annual Banker Africa Southern Africa Banking Awards. The aim of the awards is to recognise outstanding performance and excellence in the financial services industry. Open to all banks and financial institutions in Africa,
The Banking Association South Africa (BASA) together with its 23 Member Banks and 43 Financial Institutions who collaborate on StarSaver™ will be celebrating Global Money Week from 12 March to 18 March 2018. The Banking Association South Africa, is the custodian of the StarSaver™ programme, which is a generic financial literacy programme to inculcate a
