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Capitec Continues Growth due to Strong Fundamentals

The country’s leading retail bank has once again ensured a solid set of financial year end results, driven by its simplified and transparent banking solution delivered through innovative technologies. The bank’s Read More →

Shoprite Nigeria Lauded for Promoting Cashless Transactions

In a first for the retailer, Shoprite Nigeria was among the winners at this year’s Electronic Payment Incentive Scheme (EPIS) Efficiency Awards. The retailer won in the category Merchants (Point of Read More →

99 000 SASSA Grant Beneficiaries Still to Collect New Cards

SASSA completed the switch over to its new gold card in December 2018 and managed to swap over 7 million old cards for its new card. The rest have filled Read More →

Prudential Authority Imposes Administrative Sanctions on Bidvest Bank Limited

The Prudential Authority (PA) has imposed administrative sanctions on Bidvest Bank Limited (Bidvest Bank) for non-compliance with the provisions of the Financial Intelligence Centre Act 38 of 2001, as amended Read More →

Investec and BankservAfrica Reveal Prototype of Blockchain-Based Identity System

At the recent Blockchain Africa conference in Johannesburg, Investec, in collaboration with BankservAfrica and uPort, demonstrated a digital identity system anchored in the Ethereum blockchain. The initiative was born in Read More →

South Africa’s TymeBank Chooses Finn AI for Conversational AI

Finn AI, the world’s leading AI-powered conversational banking technology provider, announces that TymeBank in South Africa has launched Max, a financial fitness coach within their TymeCoach offering. TymeBank partnered with Finn Read More →

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 →

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