Mastercard and ProgressSoft Partner to Simplify Remittance Solutions across Middle East and North Africa

Collaboration to simplify and speed up cross-border remittances for consumers Enables banks to onboard Mastercard Cross-Border Services within half the time as compared to before  Mastercard has entered into a strategic partnership with the real-time payment solutions company, ProgressSoft, to ease the integration of Mastercard Cross-Border Services and accelerate cross-border remittances across the Middle East

Cassava Technologies and Mitsui Sign a Memorandum of Understanding to Accelerate Digital Transformation in Africa

Partnership will further development of digital infrastructure and services in Africa Cassava Technologies, Africa’s first integrated tech company of continental scale, has announced that it has entered into a memorandum of understanding (MOU) with Mitsui & Co., Ltd, one of Japan’s largest global conglomerates. Cassava Technologies and Mitsui share a common vision of facilitating digital

The Mauritius Commercial Bank (MCB) Upgrades its Dubai Presence to Build Stronger Bridges between Africa and Global Markets

This expansion of the MCB’s scope to the Middle Eastern region is aligned with its mandate to further facilitate transactions to and from Africa The Mauritius Commercial Bank (MCB) (www.MCB.mu) announces that it has been licensed by the Dubai Financial Services Authority to provide Advising and Arranging services. Mr Sebastian Graewert has been appointed as

TradeDepot Raises $110 Million To Extend ‘Buy-Now-Pay-Later’ to Retailers Across Africa

TradeDepot, the leading B2B eCommerce and embedded finance platform in Africa, has raised $110 million in an equity and debt funding round to support the delivery of Buy-Now-Pay-Later services to 5 million SME retailers and drive further expansion of its merchant platform across the continent. The Series B equity round was led by the International

Financial Inclusion on the Agenda as Mukuru Card Customers can Now Make Online Purchases

Mukuru, one of the largest remittance companies in Africa and a leading next generation financial services platform, has announced that its Mukuru Card has been activated for online purchases in South Africa, allowing holders of the card to take part in the eCommerce revolution even if they don’t hold traditional bank accounts. Mukuru CEO Andy

Hyland’s Alfresco Process Automation Platform Helps aYo Boost Financial Inclusion and Change Lives in Africa

aYo, a provider of micro hospital and life insurance cover for underserved communities in Africa, has slashed claims processing time and costs thanks to claims automation built on Hyland’s Alfresco Process Automation platform. Hyland is a leading content services provider that enables thousands of organisations to deliver better experiences to their customers. aYo already has

Centenary Bank Partners with Mastercard to Enhance Customer Experience

Centenary Bank, Uganda’s leading commercial microfinance bank has unveiled the new Mastercard Platinum Debit Card targeting all customers who want to enjoy a smart convenience lifestyle, especially its those in the high net worth category who shop online and travel frequently. While addressing the media, Centenary Bank’s Managing Director Mr. Fabian Kasi revealed that the

Workpay Partners with Kwara to Offer Streamlined HR & Payroll Services to SACCOs in Kenya

The partnership will enable SACCOs to efficiently manage their Human Resource operations in one platform. Digital banking fintech startup Kwara has partnered with Workpay to offer Savings and Credit Co-operative Societies (SACCOs) in Kenya with human resource management and payroll processing solutions.The partnership will enable SACCOs to automate their Human Resource (HR) processes as a

Standard Bank Brings Apple Pay to Customers

A safer, more secure and private way to pay with iPhone and Apple Watch Leading financial services provider Standard Bank, today brings its customers Apple Pay, a safer, more secure and private way to pay that helps customers avoid handing their payment card to someone else, touching physical buttons or exchanging cash — and uses

Standard Bank’s 2022 Pricing: Minimal Fee Increases, Focus on Digital Adoption to Bring Cost Savings for Clients

Clients can look forward to cash convenience, free value-added services, and simplified fees In the current, challenging economic environment, clients are seeking value and cost-savings more than ever before. With these needs front of mind, Standard Bank has developed its 2022 pricing strategy, which aims to ensure that clients, from consumer to business banking, can