Updated PCI DSS v4.0 Timeline

To follow up on an earlier communication, PCI SSC is now targeting a Q1 2022 publication date for PCI DSS v4.0. This timeline supports the inclusion of an additional request for comments (RFC) for the community to provide feedback on the PCI DSS v4.0 draft validation documents. Due to the significance of this revision, a preview

Mastercard Partners with Zamtel to Transform Payments in Zambia

Partnership with Mastercard will connect millions of Zamtel Mobile Money customers to a global online marketplace, enabling them to use mobile money to make safe online and in-person payments on the Mastercard network Mastercard’s’ technology will deliver a seamless digital experience and drive greater adoption and usage of digital payments for Zamtel Mobile Money customers

Stanchion Fast-tracks Banzpay’s Digital Payments Initiatives

Banzpay partners with Stanchion to deliver innovative payments solutions to its clients across New Zealand and the Pacific Islands Banzpay, a New Zealand-based fintech services provider of payments and banking solutions to financial institutions across New Zealand and the Pacific Islands, has partnered with Stanchion Payment Solutions, global specialists in payment solutions and integrations, to

E-Livestock Global Launch Mastercard Blockchain-Based Solution to Bring Visibility to the Cattle Industry in Zimbabwe

Zimbabwe is the first African country to see the rollout of E-Livestock Global’s traceability system powered by Mastercard’s Blockchain-based Provenance solution, bringing end-to-end visibility to the cattle supply chain Innovative solution brings new hope for farmers while helping Zimbabwe regain its lucrative beef export market to support economic recovery E-Livestock Global has launched a first-of-its-kind solution

Equity and American Express Revamp the Membership Rewards Redemption Experience

The new portal is in line with the bank’s strategy to integrate technological advancement to its payments sector Both Equity American Express Green and Gold Cards Members can redeem their Membership Reward Points through the newly revamped portal Equity American Express Card members earn Membership Rewards points when they spend on their Cards. Now, they

Lay-by Grows Up – SA Fintech Disrupts Age-old Concept

South African fintech Payflex has given the old-fashioned payment option of lay-by a digital makeover. By leveraging new payment technologies, the part-payment platform is aiming to provide consumers with more affordable access to credit and a dramatically improved user experience. But, there is a key difference between old-school lay-by programmes, and part-payment or buy now

Trustonic and Synthesis Partner to Make PIN Entry Possible and Unlock the Mobile Point of Sale Market

Cybersecurity technology leader Trustonic has announced its partnership with software and consulting company Synthesis Software Technologies to increase the opportunities available to businesses using software Point of Sale (SoftPOS) across Africa. Synthesis became the first Tap on Phone solution provider in Africa when it launched Halo Dot with Nedbank in June 2020. On launch, Halo Dot provided a new

Stanchion Launches Comprehensive New Payment Switch Solution SwitchCare

Stanchion Payment Solutions, a global specialist in payment solutions and integration, has launched SwitchCare, an innovative and comprehensive offering that ensures the optimal management of Payment Switch environments. The service is aimed at payment processing companies that have transaction switching platforms at the heart of their operational infrastructures. Using best-of-breed tools and drawing off Stanchion’s

Kenya Among Top Drivers of eCommerce Volumes in Sub-Saharan Africa – Visa

A recent report by Visa, the world leader in digital payments, has shown that Kenya is among the top market contributors to eCommerce in Sub-Saharan Africa (SSA) over the last 3 years. Visa’s white paper, titled eCommerce developments across Sub Saharan Africa (SSA), confirmed that, the Kenyan eCommerce scene has showcased growth, as the market’s

FSS | TechFin: The New Challenge of the Banking World

A Shifting Landscape Payment revenue is predicted to grow significantly in the next three years lifted by the continued transition away from cash, sustained strong growth in electronic transactions, and greater innovation. BCG forecasts that the sector could be worth US$1.8 trillion by 2024 up from US$1.5 trillion in 2019 whilst. McKinsey, in its Bank