Standard Bank is pleased to announce that it advised Vivo Energy on its combination with Engen to create one of Africa’s largest energy distribution companies. The combined group will have over 3,900 service stations and more than two billion litres of storage capacity across 27 African countries. Engen is the clear market leader in South
The UK has seen a 41% increase in payer manipulation fraud, (or as they call it, Authorised Push Payments fraud or APP), in the last year. And, unless banks take a proactive approach, they could soon face some stiff regulatory pressure, warns authentication specialist, Entersekt. According to the UK’s annual fraud report, there was a
Olaseni Alabede, a veteran of the payments technology sector with more than 18 years of experience, has joined Global Technology Partners (GTP), an MFS Africa company, as chief technology officer (CTO). Acquired by MFS Africa in June 2022, the US-based GTP is the largest processor of prepaid cards in Africa, with more than 80 banks
BOSS Money Customers across Africa will be able to Receive Money Transfers Directly into their Boss Money Wallet from Family and Friends in the U.S. IDT Corporation, a global provider of fintech, cloud communications, and traditional communications services, announced today that it is rebranding its Africa-based Leaf Wallet app to IDT’s flagship financial services brand,
Ingenico, a global leader in payments acceptance solutions and Splitit, the only white-label, card-based installment platform using existing consumer credit, today announced a global strategic partnership to bring one-touch, no-interest, buy now, pay later capability to the physical checkout experience using PPaaS, Ingenico’s innovative, cloud-based Payments-Platform-as-a-Service, and Splitit’s Installments-as-a-Service solution. According to Juniper Research’s white
FlySafair customers can now make faster, secure and more convenient payments to the airline via their mobile phones Clickatell (www.Clickatell.com), the Chat Commerce and mobile messaging leader, today announced that they have gone live with its Chat 2 Pay feature with FlySafair (www.FlySafair.co.za), South Africa’s leading low-cost airline. FlySafair is the first airline in the
GCB Bank PLC, Ghana’s largest Bank by branch network, has increased its branch network to 186 by opening a new branch at the Tamale campus of the University for Development Studies (UDS) in the Northern Region. Like many others established over the last few years, the new UDS branch emphasises GCB Bank’s commitment to bringing
The award judged international fintech companies operating in the Ghanaian Fintech space on providing best-in-class infrastructure for the deployment of fintech solutions Leading African digital payments company DPO Pay (www.DPOGroup.com) wins the Fintech Discovery of the year award in the 2022 Ghana Fintech awards. As an initiative of Arkel Limited – a Fintech research and
ZoodPay will serve as Mastercard’s lending partner for consumers and SMEs across multiple geographies ZoodPay, a leading digital lending platform for e-commerce in the Middle East and Central Asia, has entered into a strategic partnership with Mastercard to launch the first-of-its-kind prepaid virtual installment card in the Eastern Europe, Middle East, and Africa (EEMEA) region.
3D Secure is now available as part of CR2’s platform to prevent fraudulent transactions while delivering a positive customer experience CR2, a world leader in the digital banking and payments platform industry has partnered with M2P Fintech, a global leader in embedded financial infrastructure. This partnership provides banks with an innovative solution to secure e-commerce
