ACI Worldwide to Offer Banks New Cross-Border, Real-Time Payment Services

ACI enables financial institutions to utilize Swift Go via the ACI Enterprise Payments Platform ACI Worldwide, a global leader in mission-critical, real-time payments software, today announced the addition of Swift Go to its cross-border payments offering. In response to the growing demand for new cross-border, real-time payment services, ACI will enable banks to utilize Swift

Shareholders Applaud Fidelity Bank for Exceptional Performance in 2022 FY

Shareholders of leading financial institution, Fidelity Bank Plc, have commended the board and management of the bank for delivering an exceptional performance in FY 2022. This was made known at the bank’s 35th Annual General Meeting (AGM) held virtually on Tuesday, May 23, 2023. Speaking at the AGM, the Chairman Emeritus of the Independent Shareholders

Equity Bank Feted as Overall Best Bank in Kenya

Equity Bank has been feted as the Best Bank in Kenya in the 2023 Think Business Banking Awards for the 12th consecutive year. Equity was also named the best bank in the inaugural ESG Factors Category as well as the Most Customer-Centric Bank. The Bank won 19 awards: Winner in 14 categories, 1st Runners Up

Adyen Set to Free Millions in Daily Cash Flow For Customers With Faster Payout Services

Platform users such as gig economy operators or marketplace sellers will receive instant payouts for services or products sold Adyen increases the velocity of funds movement ‘untrapping’ 1 – 3 days worth of cash flow per customer empowering businesses and accelerating payments to end users Adyen’s banking infrastructure connects directly to real time payment rails

Spearheading Electronic Funds Transfer (EFT) Innovation in South Africa and Beyond – PAY8

In recent years, Electronic Funds Transfers (EFTs) have become a bedrock of financial systems worldwide, shaping the way businesses, consumers, and banks interact. Andrew Springate, CEO of tech and financial gateway service provider PAYM8 says that by participating significantly in the EFT landscape’s modernisation, including Authenticated Collections (DebiCheck) in South Africa and Enhanced Debit Orders

Fawry Partners With Infobip to Enhance Electronic Payment Services.

Fawry partners with Infobip to utilize their omnichannel solutions to create new and exciting ways for merchants to process payments using their different communication channels including SMS, Whatsapp, Facebook messenger and other META channels Fawry, the leading payments and fintech company in Egypt, has partnered with Infobip, a global cloud communications platform, to enable payments

How Payment Technology is Changing the Rulebook on SA Retail – RCS

The countrywide adoption of Bitcoin payments by industry titan, Pick ‘n Pay, late last year, heralded the first among many new developments in the payment technology landscape. The past few years have seen the proliferation of new methods of transacting, with local fintech innovators earning their place within the new-generation payments ecosystem. Consumer credit has

Ukheshe Labs to Focus on Digital Payment Innovation

Banking as a Service (BaaS) and embedded finance enabler Ukheshe has recently launched a new innovation hub, Ukheshe Labs, to focus on research and development in the digital payments market. Jason Penton, Ukheshe Co-Founder and Head of Ukheshe Labs, says such an endeavour should be a priority for any company operating in the tech sphere.

New Integrated Payment Platform to be Launched in Africa – Moment

Moment offers expanded payment infrastructure for businesses across Africa to help them collect and make payments easier, quicker, and more affordable MultiChoice Group, Rapyd and General Catalyst today announced a joint venture aimed at developing an integrated payment platform for Africa. The joint venture will operate under a new company, called Moment. Moment offers expanded

How Innovative Payment Solutions are Shaping South Africa’s Retail Sector – Ecentric

By Shaun Holley, Deputy CEO & Head of Innovation & Rory Bosman, Sales & Marketing Executive at Ecentric Payment Systems Today’s consumers have access to a myriad of convenient experiences through mobile apps and online platforms, and they expect a similar level of ease when interacting with businesses and specifically payment interactions. Indeed, consumer demand