Carrick Wealth Announces Bold Africa Expansion

Carrick Wealth is excited to announce the addition of two African jurisdictions to its international footprint. Pending final approval of licences, Carrick will be opening offices in Kenya and Zambia next year as well has reengaging our license in Botswana. Added to Carrick’s already-established presence in South Africa, Mauritius, Malawi, and Zimbabwe, the new offices

CR2 Continues to Drive Innovation as Cardless ATM Access Goes Live in Eight Countries

It’s a major concern for banking customers worldwide in this time of a global pandemic – how can they access their daily banking needs without touching surfaces such as ATMs?   CR2 (www.CR2.com) enables you to respond to these concerns and allow your banking customers to withdraw cash without physically touching the ATM, by simply

The Ecobank Group Secures €100 Million Credit Facility from European Investment Bank to Fund SMEs

Ecobank Group, the leading pan-African banking group, has signed an agreement for a €100 million long-term credit facility over 9 years with the European Investment Bank (EIB). The facility affirms joint Ecobank Group and EIB targeted support for business investment across Africa, with particular support for the sectors most impacted by the COVID-19 pandemic. Ade

SlipMate Offers First Mastercard Corporate Prepaid Cards for E-Commerce

South African expense management solution SlipMate has announced that it has enabled e-commerce functionality for its Mastercard corporate prepaid cards, a first-of-its-kind integration for the South African market. SlipMate is an intelligent expense management solution designed by Innervation Rewards that enables South African companies to reconcile employees’ corporate expenses from their Mastercard prepaid corporate card,

Rate Hike by SARB is a Sign that Economic Recovery is Underway, says FNB CEO

Following the South African Reserve Bank’s (SARB’s) decision to increase its repo rate by 0.25%, FNB will also lift its prime lending rate by 0.25%. The new rate will take effect on all prime-linked accounts from Friday 19 November 2021. FNB CEO Jacques Celliers says that “Today’s rate hike by the SARB is a sign

Visa’s Cybersource and IATA Help Airlines Take Off With New Efficiencies Through IATA Financial Gateway

Hundreds of airlines now have access to the leading Cybersource global payment management platform through the International Air Transport Association’s Financial Gateway As the airline industry works to bring customers back on board, it is simultaneously challenged with protecting passengers, brand and revenue. To expedite takeoff, today Visa’s global payment and fraud management platform, Cybersource,

Digital Payments in Kenya Grow Beyond Pandemic-Led Push, Reports Cellulant

The growth witnessed in Kenya is reflective of the payments landscape in the rest of Africa, reports Cellulant, with a noted shift in consumer behaviour Digital payments have shifted from being a nice-to-have for businesses to a necessity as more consumers prefer digital platforms as their primary payment method. This is according to Faith Nkatha,

ACI Secure eCommerce Wins Best Online Payment Solution at London Payments Awards

ACI Worldwide, a leading global provider of real-time payments and digital payment software, has been recognized as the winner in the Best Online Payment Solution – Merchant category for its ACI Secure eCommerce solution at last night’s UK Payments Awards, held at the Grosvenor Hotel in London. The Awards recognize and celebrate companies that have demonstrated excellence and innovation in the

Econet Group Announces Launch of Cassava Technologies

Cassava Technologies, headquartered in London, is Africa’s first integrated tech player of continental scale at the forefront of technology innovation Unique, pan-African technology leader, well-positioned to propel Africa into its economic future; built from the strong performance and track record of Econet Group. Privately held African telecommunications group, Econet, has announced the launch of Cassava

PayFast Launches Second Ecommerce Performance Index

South Africa’s retail sector has entered the age of ecommerce, with total online retail sales expected to reach R42-billion by the end of 2021. From the rise of contactless payments to the boom in social commerce, the pandemic has significantly altered consumer expectations when it comes to making purchases online. To unpack the major trends