TymeBank’s TymeAdvance Takes Off as Employers Look to Reduce Employees’ Financial Stress

Posted on by Staff Reporter | 8769 Views | 21 min read

Salary advance delivers significant benefits for cash-strapped employees TymeBank, South Africa’s fastest-growing digital bank, is helping South African businesses reduce their employees’ financial stress with TymeAdvance, a zero-interest solution that gives staff early access to their earned salary, while protecting them from expensive debt. “Consumers are having a tough time making ends meet, even those

In a Changing World Niche Banking is Attracting More Attention

Posted on by Staff Reporter | 14356 Views | 16 min read

Traditional banking models have been disrupted long before the Covid-19 pandemic fundamentally changed the way we live, work and shop. “We are seeing a rapid rise in digital banking and niche banking, mainly driven by the changing needs of consumers and merchants in the informal economy”, says Zunaid Miya, MD of Hello Pay. The pandemic

Nedbank Banks on the African Metaverse

Posted on by Staff Reporter | 10256 Views | 11 min read

One of the largest financial services groups in Africa, Nedbank, partners with Africarare to lead in the virtual world  As the digital economic voyage into the metaverse starts to accelerate, major players in trade and industry are poised to develop custom experiences in this digitally enhanced world, which is being heralded as the future of

South Africa’s Appetite for Digital Payments Continues to Grow – Mastercard New Payments Index 2022

Posted on by Staff Reporter | 34290 Views | 25 min read

95% of consumers in South Africa used at least one emerging digital payment method in the last year with usage expected to increase further Adoption of cryptocurrency, biometrics, Buy Now Pay Later (BNPL), open banking and account-to-account payments are anticipated to continue accelerating The adoption of a broad range of digital payment methods is accelerating

Mukuru and WeThinkCode Partner to Host SheHacks to Solve Financial Services Challenges in Africa

Posted on by Staff Reporter | 7827 Views | 11 min read

Mukuru partners with WeThinkCode to present a women-only hackathon to inspire creative solutions for its Pan-African financial education and management tools Mukuru, a leading next-generation financial services platform in Southern Africa, and WeThinkCode, an academy that delivers a world-class coding curriculum for dynamic youth while addressing the industry skills shortage, hosted a women-only hackathon at

Clickatell Helps Nigerians Access eNaira Services, Boosting Financial Inclusion

Posted on by Staff Reporter | 12604 Views | 14 min read

Nigerians can now access cashless services over USSD channel  Clickatell, a CPaaS innovator and Chat Commerce leader, has partnered with the Central Bank of Nigeria (CBN) to deliver fast, simple, and cost effective eNaira banking services to all Nigerians using the USSD channel, eliminating the need for data and available on all handsets. Clickatell has

ISON Xperiences Supports AI Partner, LivePerson, to Transform Capitec’s Banking Experiences Using Next-Generation Digital Innovation

Posted on by Staff Reporter | 9138 Views | 11 min read

The strategic partnership is to provide a more personalized, seamless banking journey for Capitec clients Customer experience management and business process outsourcing company, iSON Xperiences, is empowering the banking industry to adopt tailor-made solutions to advance the sector’s digital offering. The company uses the powerful capabilities of technology, including AI, to create valuable customer experiences

NCR to Separate into Two Independent, Industry-leading Companies

Posted on by Staff Reporter | 9645 Views | 15 min read

NCR Corporation (NYSE: NCR), a leading enterprise technology provider to banks, retailers and restaurants, today announced its Board of Directors has unanimously approved a plan to separate NCR into two independent, publicly traded companies – one focused on digital commerce, the other on ATMs. The separation is intended to be structured in a tax-free manner and

Global Card Spending Reaches $42 trillion as COVID-19 Restrictions are Eased

Posted on by Staff Reporter | 17249 Views | 9 min read

Debit cards drive growth as contactless usage continues to rise and consumer spending recovers after the height of the pandemic. Card usage will keep growing as new spending habits developed during the pandemic will persist Spending with payment cards rebounds quickly New research by RBR shows that worldwide expenditure on payment cards reached over $42

ProvidusBank, Mastercard, Interswitch and Thales launch contactless Tap-to-Pay transactions via smart devices in Nigeria

Posted on by Staff Reporter | 26120 Views | 14 min read

In a move to further reduce dependency on cash transactions, stimulate innovation and drive the growth of digital payments in Nigeria, ProvidusBank together with Mastercard, Interswitch and Thales Group, today announced the introduction of a new Tap-to-Pay service. The service allows cardholders to make fast, secure, and convenient in-store payments by tapping their NFC enabled