Mastercard Women SME Leaders Awards Reveals 2024 Winners

Mastercard has announced the winners of the third edition of its Women SME Leaders Awards, celebrating the achievements of women-owned and led businesses across diverse sectors in the Eastern Europe, Middle East and Africa (EEMEA) region. Launched in 2022, the Mastercard Women SME Leaders Awards is the first initiative of its kind to recognize outstanding

Omnisient Recognised for Impact on Growing Financial Inclusion in Africa

Omnisient, the global leader in privacy-preserving data collaboration, was recognised at the Africa Bank Summit held in Nairobi this week for the impact it is having on growing financial inclusion in Africa. This accolade highlights a groundbreaking initiative that has enabled banks to assess credit risk and qualify millions of previously underserved individuals by analysing

Innovating Tomorrow’s Banking in Africa – EFT Corporation

EFT Corporation’s ‘Banking on the Future’ conference takes a glimpse at Africa’s digital potential The inaugural ‘Banking on the Future’ conference, hosted by EFT Corporation, brought together industry leaders, innovators, and stakeholders to imagine, discuss, and shape the future of digital banking at Victoria Falls from 13 to 15 May. The landmark event brought together

Accel-KKR Welcomes Tim Sherwin to Entersekt Board of Directors

Accel-KKR, a technology-focused private equity firm, today announced the appointment of Tim Sherwin, former CEO and Co-founder of Cardinal Commerce, to portfolio company Entersekt’s board of directors. Entersekt, the financial authentication company, provides financial institutions around the world with digital banking fraud prevention and payment security solutions. As former CEO and Co-founder of Cardinal Commerce,

Only a Quarter of Payment Issuers and Acquirers Have Made Significant Progress on Their Shift to the Cloud, New Research From HPS

HPS, the leading global provider of payment solutions and services, has launched a new eBook, in partnership with OMDIA, on the unique opportunity presented by cloud-based payment platforms for financial institutions and merchants across the world. The eBook, Seamless Evolution: Transforming Financial Institutions with Cloud-Powered Digital-First Strategies for Enhanced Customer Experiences, canvasses the views of

Interswitch and eMaisha Pay Partner to Digitize Payments in the Agricultural Value Chain

Interswitch, one of Africa’s leading integrated payments and digital commerce companies and eMaisha Pay have announced a partnership which will digitize payments in Uganda’s agriculture sector to address several challenges encountered by farmers as well as businesses throughout the value chain. To tackle issues such as limited access to credit, absence of appropriate saving tools,

Mastercard and Onafriq Collaborate to Increase Accessibility to Financial Services Across Africa’s Payment Ecosystem

Mastercard and Onafriq (previously MFS Africa), a pan-African payments company, have collaborated to bring secure, cost-effective, and innovative payment options to consumers, as well as small and medium enterprises (SME) across the continent. Africa’s mobile money sector is one of the most established and fastest-growing fintech industries in the world. According to The State of

Parting Ways with Legacy Payments: Compelling Reasons To Take The Leap – OpenWay Group

Large financial institutions with outdated payment platforms face many challenges. Compelling reasons to leave legacy systems behind include the need for cross-border capabilities, better customer experiences, consolidation of different businesses, managing multiple platforms, and anticipating rapid growth. Nevertheless, many organizations in the payments industry choose every year to take the leap and migrate to a

Unlimit Secures Payments Licence in Tanzania and Further Expands Presence in Africa

Unlimit, the global fintech company, today announced its entry into the Tanzanian market and the receival of the Bank of Tanzania (“BOT”) licence, marking another significant step in the company’s expansion within the region. The approval of Unlimit as an authorised payment service provider by the BOT will allow the fintech to provide a range

Mastercard Partners With Fintech Sava to Empower Africa’s Small Businesses Through Financial Management Technology

Mastercard and Johannesburg-based fintech company SAVA have announced a partnership that will support small, medium, and micro enterprises (SMMEs) through innovative payments technology and infrastructure. Through the partnership, the two entities will provide small businesses in South Africa, Nigeria, Kenya, and Egypt with an online platform, powered by SAVA’s Payment Transaction System (PTS), that includes