AccesBanque Migrates ATM Acquiring and Card Management Businesses to Compass Plus Technologies Processing Centre

AccesBanque Madagascar, part of AccesHolding Group and one of the largest commercial banks in the country, has successfully migrated its ATM acquiring and card management businesses to Compass Plus Technologies’ processing centre. The move enables the bank to further expand its business offering and launch new products and services at pace.  AccesBanque’s mission is to

How Biometrics Can Fuel Inclusive Growth in Nigeria’s Information and Communications Technology (ICT) Sector

This technology also plays a powerful role in digital and financial inclusion  Nigeria is at an inflection point where it needs to adopt enabling technologies at scale to support high growth in the telecommunications and digital sectors. Using the right technology as a catalyst, these sectors can support financial inclusion and widespread economic growth. Gur

Etisalat by e& Egypt and Mastercard Partnership Will Redefine Digital Experience and Commerce for Millions in Egypt

Following the region wide partnership between e& group and Mastercard, Etisalat by e& Egypt and Mastercard partner to enable Etisalat Cash customers to pay online anywhere in the world Mastercard’s technology will create new digital commerce opportunities and drive deeper engagement through its loyalty platforms for millions in Egypt The partnership will further drive financial

How Banks Can Compete in an Evolving Payments World

The right strategy and the right partners help banks modernize offerings to commercial customers securely, compliantly – and more quickly than with internal development projects. Banks and businesses have a long history of partnership. Businesses rely on banks for essential needs, such as managing accounts, opening lines of credit, and offering payment options like ACH

EIB and CRDB Bank Provide €540 Million to Support Businesses in Tanzania

New investment by companies across Tanzania will benefit from EUR 540 million (TSh 1.3 trillion) of new financing backed by the European Investment Bank, CRDB, NMB and KCB-Tanzania announced at the EU-Tanzania Business Forum in Dar es Salaam earlier today. The European Investment Bank’s first engagement in Tanzania for seven years includes expected targeted support

Mastercard Reinforces Commitment to Egypt with New Leadership Appointment

Mastercard strengthens its leadership team in North Africa through the appointment of Inji Borai as Vice President and Country Manager for Egypt. Egyptian born Inji has been growing through the Mastercard regional ranks over the past 3 years. In her new role, Inji will be responsible for leading Mastercard’s strategy and operations to drive value

DTB and Mastercard Sign Agreement to Boost Payment Solutions for Fintechs in Kenya

Under the agreement, DTB will leverage Mastercard’s technology to enable fintechs to issue their own card propositions Diamond Trust Bank (DTB) and global technology company Mastercard today announced a strategic agreement that will enable the bank to provide payment cards to tech-enabled companies including fintechs in Kenya. The Agreement, a first of its kind in

Ukheshe Takes a Fresh, Dynamic Approach to its African Growth

The adage ‘jack of all trades, master of none’ is apt for enterprises considering expansion into new African markets. Anthony Karingi, Vice President of Business Development – East Africa at leading fintech enablement partner Ukheshe, says the company is taking a collaborative approach to its regional expansion strategy – and is already reaping the benefits.

How Payment Processors Catch Digital White Rabbits

Neobanks and fintechs act very similarly to the White Rabbit from Wonderland. Soon after entering the scene, they start falling down the rabbit hole of payment innovations, user expectations and rigid time-to-market. Also, they are very picky when choosing a travelling companion. Alice had to try many potions and tricks to fit herself to a

GCB Completes First PAPSS Client Transaction In Ghana

GCB Bank Plc, one of the largest banks in Ghana, today announced it successfully completed the first Pan-African Payment and Settlement System (PAPSS) client transaction in Ghana. The transaction involved a Ghanaian incorporated entity initiating a supplier payment from GCB in Ghana Cedis to a beneficiary in Nigeria who received the payment in Naira instantly.