Integrated Payment Services Limited (IPSL) is the Kenya Bankers Association’s (KBA) real-time payment services company. Recently, IPSL launched a modernized real-time payment system based on ISO 20022. The new real-time payment system, delivered by TietoEVRY, put Kenya as one of the first countries in Africa to start running an ISO 20022 instant payments system with
The partnership will enable SACCOs to efficiently manage their Human Resource operations in one platform. Digital banking fintech startup Kwara has partnered with Workpay to offer Savings and Credit Co-operative Societies (SACCOs) in Kenya with human resource management and payroll processing solutions.The partnership will enable SACCOs to automate their Human Resource (HR) processes as a
Collaboration to benefit SMEs in the Middle East and Africa region The world is moving at a faster pace with globalization being fuelled by technology which is enabling companies to scale beyond borders at a pace of months as opposed to years previously. In this context, Mastercard is collaborating with Meta to support the digitization
Carrick Wealth is excited to announce the addition of two African jurisdictions to its international footprint. Pending final approval of licences, Carrick will be opening offices in Kenya and Zambia next year as well has reengaging our license in Botswana. Added to Carrick’s already-established presence in South Africa, Mauritius, Malawi, and Zimbabwe, the new offices
It’s a major concern for banking customers worldwide in this time of a global pandemic – how can they access their daily banking needs without touching surfaces such as ATMs? CR2 (www.CR2.com) enables you to respond to these concerns and allow your banking customers to withdraw cash without physically touching the ATM, by simply
The partnership will further drive financial inclusion by allowing ImaliPay users to access financial services quicker through Cellulant’s payment rails ImaliPay, the one-stop financial platform for Africa’s gig workers, has partnered with pan-African payments company Cellulant, for its payments infrastructure and solutions in Kenya and Nigeria. The ease of making and receiving payments for freelancers
The growth witnessed in Kenya is reflective of the payments landscape in the rest of Africa, reports Cellulant, with a noted shift in consumer behaviour Digital payments have shifted from being a nice-to-have for businesses to a necessity as more consumers prefer digital platforms as their primary payment method. This is according to Faith Nkatha,
The Trade Mission includes a 15-day visit to DRC between 29th November and 13th December in Kinshasa, Lubumbashi, Goma, and Mbuji Mayi Investors from Kenya will meet and network with their counterparts in DRC in exploring opportunities that have the potential to Unlock Trade, Tourism and Investment opportunities in DRC and the Great Lakes Region
As part of the visit to Kenya of the French Minister Delegate for Foreign Trade and Economic Attractiveness, Franck Riester, Proparco granted Equity Bank two guarantee facilities, ARIZ and EURIZ totalling €39 million (5 billion KES) to help the Kenyan bank further support job creating MSMEs. Proparco also granted a €550,000 technical assistance facility to
IPT Africa launched at the recent Africa Fintech Festival (AFF) as it seeks to position itself as the platform for Frictionless African Payments. IPT Africa launched at the recent Africa Fintech festival as it seeks to position itself as the platform for Frictionless African payments, delivering a continent -wide, multi-channel payment platform tailored to the
