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Ecobank Announces Finalists of the Ecobank Fintech Challenge 2018

Ecobank, the leading independent pan-African banking group, has announced the finalists for the 2nd edition of the annual Ecobank Fintech Challenge, a competition for Africa-focused technology start-ups. The list includes Read More →

Temenos and AUC Venture Lab Team Up to Accelerate Fintech Innovation in Egypt

The Venture lab at The American University in Cairo (AUC Venture Lab), the leading university-based startup accelerator in Africa and the MENA region, and Temenos, the banking software company, have Read More →

Orient Bank Partners with UnionPay International for Card Acquiring Business

Orient Bank Uganda Limited and UnionPay International have announced recently that UnionPay Cards are now accepted at all ATMs and POS terminals of Orient Bank in Uganda. Orient Bank is Read More →

Puma Energy Tanzania Partners with Mastercard and Selcom to Introduce Masterpass QR at Retail Stations

Mastercard has partnered with Selcom to enable local businesses and merchants to accept interoperable digital payments, many for the first time. Consumers are now able to make quick, easy and Read More →

Contactless Payment Cards are as Secure as Traditional Cards

SABRIC (The South African Banking Risk Information Centre) would like to allay any fears that bank clients may have about contactless bank cards or “tap & go”, in the wake Read More →

Pay@Pep Allows Customers to Pay for Flights in Pep Stores Nationwide

Travelstart and Pep have partnered to deliver a service that enables customers to pay for flights in more than 600 Pep stores nationwide. Named Pay@Pep, the partnership will make it Read More →

Nedbank Money App Enables All QR Scan-to-Pay Services

Mastercard and Entersekt have collaborated to enable Nedbank’s customers to make QR payments to Masterpass, Pay@, SnapScan, and Zapper merchants and billers through the Nedbank Money app, whether they are Read More →

MyGate by Wirecard Launches secureEFT to Boost Online Sales for Merchants

Merchants who receive payments from consumers via electronic funds transfer (EFT) can now get instant notification of successful settlement, significantly speeding up transactions. secureEFT, an instant EFT payment service that allows Read More →

Paylater, The Nigerian App Providing Access to Credit, Reaches 1 Million Downloads

In Nigeria, a country of nearly 200 million people, 61% of the adult population is un- or underbanked. Fintech companies like Paylater represent a tremendous opportunity to get formal banking Read More →

UBA Group Unveils Facebook Messenger Banking in Kenya

UBA Group has unveiled chat banking in Kenya that enables customers to sign up for accounts, request for a mini statement, fund transfers and check user balance through the Facebook Read More →

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