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Nedbank Group and the Bank of China Formalise Alliance

Nedbank Group and the Bank of China (’BoC’) have entered into a strategic business cooperation agreement to grow business flows between the People’s Republic of China (’China’) and Africa. The alliance Read More →

ATMIA Secures Survivor Extraordinaire Brett Archibald as Keynote Speaker for Cape Town Conference

The ATM Industry Association announced that survivor extraordinaire, Brett Archibald, who was rescued after over 28 hours lost at sea without a lifejacket, will be keynote speaker at the association’s Read More →

TSYS Supports EMV Campaign in Kenya

TSYS announced that it supports Paynet, one of Kenya’s leading financial services providers to issuers and acquirers, in its ‘Great Migration to EMV Chip Card’ campaign. Founded in 2003 and headquartered in Read More →

State Law Office of Kenya Partners with Safaricom for Mobile Payments

The State Law Office of Kenya has entered into a partnership with Safaricom to automate some of its services. The KSh 14 million contract will see Safriacom providing it's M-Pesa platform Read More →

Xchanging Announces Financial Processing Services Agreement With Standard Bank

Xchanging, the business process, procurement and technology services provider, has announced it has won a new contract with Standard Bank. The contract will see Xchanging supplying financial processing services to Read More →

Orange Money Services Now Supports In-Store, ATM and Online Payments in Botswana

Botswana will be the first country to benefit from the new program and will allow easy access to funds 24 hours a day, bringing new point-of-sale, online and ATM transaction Read More →

Uganda Government To Consider Islamic Banking

President Yoweri Museveni of Uganda has disclosed that government is considering introduction of Islamic banking system in Uganda. The President who was speaking at a dinner he hosted to the Read More →

Postal Corporation of Kenya to Handle all Public Sector Payments

The Kenyan government has put forward a plan to have all public sector payments made through the Postal Corporation of Kenya. This was announced at the launch of Posta Pesa, Read More →

Transaction Capital announces sale of Paycorp to Actis for R937m

Transaction Capital today announced that it has entered into a definitive agreement to sell its wholly-owned subsidiary Paycorp to pan-emerging market private equity firm Actis. Paycorp, owned by Transaction Capital Read More →

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