I&M Bank and Mastercard Launch Business Credit Card Proposition to Transform Business Expenses Management

I&M Bank has collaborated with Mastercard to launch the new Business Credit Card proposition, a comprehensive financial tool designed to help businesses manage day-to-day expenses more effectively and support global operations. This initiative marks another longstanding engagement between I&M Bank and Mastercard. The Business Card proposition comprises the Business Credit Card and the World Business

Liquid Thought Reimagines New Stanchion Website to Reflect PayTech Innovations

Liquid Thought is proud to have been engaged by Stanchion to reimagine its website and design a new modern online experience along with a brand refresh explainer video for their B2B PayTech business. Stanchion founded in Cape Town 23 years ago has developed into a global business with offices on five continents. Stanchion sought a

SMEs Require a Banking Relationship, Even in This Digital Age – Standard Bank

The World Bank estimates that small businesses constitute 90 percent of all businesses worldwide. In sub-Saharan Africa alone there are 44 million small businesses, with small and medium-sized enterprises (SMEs) accounting for 60 percent of jobs. In South Africa there are approximately 3.2 million SMEs, which make them the backbone of the economy with a

Kazang Partners With Masifunde to Boost Skills Development and Job Opportunities for Disadvantaged Youth

Kazang, the micro-merchant division of JSE-listed fintech company Lesaka Technologies, has partnered with Masifunde Training and Development to provide employment opportunities for disadvantaged youth and contribute to the development of South Africa’s future workforce. This collaboration aims to empower young individuals from underprivileged backgrounds by equipping them with the necessary skills and knowledge to succeed

Navigating the Payment Trends of 2024 – Stanchion Payment Solutions

Stanchion Payment Solutions is entering its 23rd year, evolving its role to bridge the gap between existing technology capabilities and the market demand for digital transformation. Their expertise lies in providing technical skills around payment switches and card-management platforms, leveraging a global network of experts. Stanchion’s strategy focuses on enabling agile change on core tech

GenAI in Digital Payments: How to Maximize the Benefits? – OpenWay

Financial institutions in EMEA, APAC, and USA agree on the two common barriers to the full potential of GenAI: “too much complex infrastructure” and “data quality and access”. However, both barriers are eliminated for companies that can integrate GenAI with their data-rich, real-time payments processing platform like OpenWay’s Way4. Nexi, the pan-European acquirer serving two million merchants, is positive

Ukheshe Rebrands to Eft Corporation to Lead Fintech Innovation and Banking Beyond Tomorrow

In a bold step towards redefining the future of financial technology, Ukheshe has announced its official rebranding to EFT Corporation. The move consolidates Ukheshe’s pioneering digital solutions with EFT Corporation’s extensive reach and expertise under one unified brand, positioning it as a leading catalyst for financial inclusion in Africa. The rebranding of Ukheshe to EFT

First CBDC Cards: What Technology Issuing And Acquiring Banks Use – OpenWay

Eurasia’s first CBDC cards, recently launched in Kazakhstan, have provided 20 million consumers with a convenient, tangible way to manage their funds in CBDC (Central Bank Digital Currency). Today, plastic cards in the digital tenge currency are used for both in-store and e-commerce purchases and are accepted globally through the Mastercard and Visa networks. The

PAPE Funds Expands Strategic Investment in Entersekt

Entersekt, The Financial Authentication Company, has announced that PAPE funds (PAPE) has expanded its investment in the company. Following an initial investment in July 2022, PAPE Fund 3 recently acquired Nedbank Private Equity’s equity stake in Entersekt, increasing its total investment and ownership stake. Nedbank Private Equity is a division of Nedbank Corporate and Investment

Payment24 Offers Innovative Fuel Voucher Solutions to Modernise Fleet Management and Loyalty Programmes

Payment24, a leading provider of advanced payment, loyalty, and fuel management solutions, is proud to announce the availability of its fuel voucher offering. This innovative product is set to transform how Payment24 partners incentivise customers, loyalty subscribers, internal teams, and even drivers. With seamless integration across a vast network of over 1,000 service stations, these