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The Acceptance of UnionPay to Reach 90% in Tanzania within 2019

UnionPay International recently announced that the achievement in partnership in acquiring, issuing, and mobile payment with National Microfinance Bank (NMB), one of the largest commercial bank in Tanzania. It is Read More →

Bank Zero has Officially Implemented its EFT Payments Capabilities

Bank Zero has officially implemented its powerful EFT payments capabilities and started full end-to-end Beta testing ahead of the bank’s launch in the second half of 2019. Bank Zero is Read More →

Africa’s First UnionPay Payroll Card and Student Card Issued in Kenya

UnionPay has been an international payment brand recognised by local consumers and institutions. UnionPay International recently announced that the partnership to issuing the first ever 300,000 payroll cards and student Read More →

E-commerce Expected to Create Local and International Opportunities for Kenyan SMEs

Kenyan SME must embrace e-commerce as a strategy to grow their business, increase capacity and eventually attract long term financing. Business and corporate leaders meeting during the E-Commerce Kenya Conference held Read More →

United Bank for Africa: Kenya Reports a Notable 185% Growth in Profit after Tax for the Full Year Ending 31 December 2018

United Bank for Africa, Kenya has announced its results for the period ending December 31, 2018 registering a 185% growth in Profit After Tax, overcoming a challenging macroeconomic and business Read More →

Spaza Shop Fintech Closes a Gap in this R40bn Cash Market

It is estimated that the spaza shop market in South Africa is valued at around R40 billion per year and that 90% or more of the transactions are in cash. Read More →

NatSave and Mastercard Sign Strategic Agreement to Drive Digital Transformation and Financial Inclusion in Zambia

The National Savings Bank (NatSave) and Mastercard have signed a strategic partnership agreement, which will see the bank rollout Mastercard Chip and PIN prepaid and debit cards to provide its Read More →

Discover Partners with ZestFinance to Implement AI-Based Underwriting Platform

Discover Financial Services, a leading U.S. direct bank and credit card issuer, and ZestFinance, a leader in artificial intelligence (AI) software for underwriting, has announced a partnership to create one Read More →

SWIFT to Host African Regional Conference in Accra, Ghana on 18-20 June 2019

Annual conference supported by the Bank of Ghana to gather more than 500 financial services professionals from across Africa.

SWIFT will hold the 26th edition of the African Regional Read More →

FSS Makes Strategic Investment in Africa-based Ecentric Payment Systems

FSS (Financial Software and Systems), a global PayTech company, has announced a strategic investment in Ecentric Payment Systems, a Standard Bank subsidiary and a leading payment processor in South Africa. Read More →

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