Mojaloop Foundation’s Walk the Loop Event in Tanzania Shows Path to Financial Inclusion – Desire Kachenje

Posted on by Staff Reporter | 13956 Views | 17 min read

In Swahili, “Mojaloop” means “one loop.” The Mojaloop Foundation strives to create one financial services loop for everyone. The Mojaloop Foundation’s open source software, Mojaloop, was designed to provide a reference model for inclusive instant payment interoperability to overcome barriers that have slowed the spread of digital financial services. Using Mojaloop, central banks, hub operators,

Fraud Trends Every CFO Should Know

Posted on by Staff Reporter | 7500 Views | 24 min read

PwC’s Global Economic Crime and Fraud Survey 2022 revealed that 46% of organisations have experienced fraud, corruption, or other economic crimes in the last 24 months. Ryan Mer, CEO of eftsure Africa, a Know Your Payee™ (KYP) platform provider, gives a rundown of what to look out for. 1.Fraud protection is no longer optional It’s hard

CR2 Partners with Entrust to Enhance Cardholder Digital Payment Experiences

Posted on by Staff Reporter | 7207 Views | 10 min read

CR2 partners with Entrust to enhance digital payments security, customer confidence and digital transaction volumes. CR2, a world leader in the digital banking and payments platform industry has formed a technology partnership with Entrust, a leading enabler of trusted identities, payments and digital infrastructure. This partnership will provide CR2’s bank customers with a secure, seamless

Payfast Rebrand Brings PayGate and SiD Under One Roof

Posted on by Staff Reporter | 37629 Views | 10 min read

South Africa’s leading payment gateway provider Payfast has undergone a major rebrand. Having joined forces with PayGate and SiD under Network International, the company has created a new home for its consolidated offering. With a renewed focus on enabling growth – for the brand, its merchants, and the broader ecommerce industry – this milestone represents

Yellow Pay: The Newest Payment Feature from Yellow Card, Now Available Across Africa

Posted on by Staff Reporter | 16377 Views | 10 min read

The new product uses Yellow Card’s crypto exchange platform to complete customer transactions in USDT  Yellow Card Financial (www.YellowCard.io) is excited to announce that their revolutionary new payment feature Yellow Pay (https://bit.ly/3QuL1gc), is officially available across Africa. With Yellow Pay, customers can send and receive money through the Yellow Card crypto exchange platform, without any

Growth in Cashless Transactions Spurs New and Innovative Payment Solutions

Posted on by Staff Reporter | 41828 Views | 17 min read

Last year, exciting developments in South Africa’s payments sector were good reason to be cautiously optimistic about 2023 with new products and services setting the pace of the journey to a digital cashless future, says Andrew Springate, CEO of fintech payment solution provider PAYM8. “The South African economy is under tremendous pressure with rising interest

Erika Navarrete Promoted to Executive Director for ATMIA

Posted on by Staff Reporter | 34165 Views | 5 min read

The ATM Industry Association (ATMIA) today announces that Erika Navarrete has been promoted to Executive Director for EMEA and the Emerging Markets. She follows a lengthy line of Executive Directors for Europe, including retired CEO, Mike Lee. Navarrete has been part of both the membership and conference teams of ATMIA for the past 12 years.

Network International Appoints Sandeep Chouhan, a Global Leader in Banking and Payments, as its Group Chief Business Transformation and Technology Officer

Posted on by Staff Reporter | 28747 Views | 6 min read

Sandeep most recently served as Group Chief Operating Officer of Abu Dhabi Islamic Bank (ADIB)  Network International (Network) (www.Network.ae), the leading enabler of digital commerce across the Middle East and Africa (MEA) region, has announced the appointment of Sandeep Chouhan as Group Chief Business Transformation and Technology Officer. Bringing global experience in spearheading Business and

The enza group: A new contender enters the African payments industry

Posted on by Staff Reporter | 14634 Views | 11 min read

A team of highly-experienced payments industry professionals have today launched the enza group (enza), a payments company focused on servicing the growing needs of banks, fintechs, and MNOs across the African continent. The African consumer payments landscape remains dominated by cash, with global management consulting firm McKinsey[1] estimating that only 5 to 7 percent of

Cellulant Named Number One Payment Brand in Kenya

Posted on by Staff Reporter | 24044 Views | 14 min read

Star brands are those that have achieved milestones, have a history of success, and, most importantly, have established themselves as trendsetters for newcomers to the industry  Pan-African payments technology company, Cellulant (www.Cellulant.io/), was named as the ‘Top Payments Gateway Brand in Kenya” at the Top Star Brand Awards 2022. This award recognises Cellulant as a