CR2 announces continued expansion across MEA with the addition of two new customer signatures – Arab International Bank (AIB) in Egypt and Unity Bank in Nigeria. This announcement builds on the continued growth of the past year. CR2 empowers banks to deliver on the potential of digital banking and payment solutions for both consumers and
KCB Bank Kenya has partnered with global payments technology company, Mastercard, to roll out the World Elite Exclusive Credit Card that will offer premium and private banking customers a range of market-exclusive benefits, privileges, and experiences. This collaboration marks a significant milestone for the Bank as it is another strong step in building a world-class
The global payments industry has come a long way over the past decade—and in a myriad of directions. Consumers and companies have shifted from cash to a burgeoning and integrated system of electronic payments solutions and value-added services. Payments have become more accessible, with innovations such as digital wallets, QR codes, and mobile money accelerating
Stanchion Payments, a prominent global provider of payment technology, is thrilled to announce the appointment of Pierre Aurel as its new Chief Product Officer. With a remarkable track record in payment product development and innovation, Pierre brings a wealth of experience to his role in Stanchion’s dynamic and expanding team. Pierre Aurel’s achievements include spearheading
Dubai-based and FTSE-listed Network International’s state of the art, cloud-based, integrated digital payment suite, Network One, is now onboarding local banks, MNOs and fintechs. In addition to the R500 million investment in the on-soil platform, the company has now announced an additional R60 million investment in a best of breed payment switch (online payment transactions
Payhippo, a leading AI-powered lender for SMEs in Nigeria, today announced the appointment of Dami Olawoye as its new CEO. Olawoye, who previously served as Payhippo’s CFO, will succeed Zach Bijesse, who is transitioning to a role on the company’s board of directors. Under Bijesse’s leadership, Payhippo achieved remarkable milestones, including disbursing over 36,000 SME
Download the report here. BNPL (Buy Now, Pay Later) wallets are no longer positioned as an invincible challenge to international card schemes. Even the most successful BNPL app providers have opted to collaborate with supposed rivals. Afterpay, for instance, has introduced the Afterpay Plus card, a contactless Mastercard product, and Klarna extended its popular “Pay
Written by Stanchion Payment Solutions. The B2C consumer payments sector has experienced profound disruption over the past five years as fintechs, neobanks and bigtech companies have come to market with innovative digital value propositions. Apple and Google are today synonymous with digital wallets, while the brands of traditional issuers and payments networks have become somewhat
By Joel Bronkowski, Country Lead, South Africa at Paystack With South Africa’s online retail space now worth more than R50 billion and growing continuously, the sector is only going to become more competitive. That’s true for online retailers of all sizes too. At the top of the market, online-only players that have long been dominant
From surviving to thriving in the post-COVID world, small and medium enterprises (SMEs) in Kenya have demonstrated optimism and confidence about the next 12 months. These are the findings of the second edition of the Mastercard Eastern Europe, Middle East and Africa (EEMEA) SME Confidence Index. The 2021 inaugural SME Confidence Index delved into the
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