The Rwanda Bankers’ Association (RBA) has launched its inaugural State of the Banking Industry Report (SBIR). The report was launched on July 11, 2024, at the Kigali Marriott Hotel. The SBIR dissemination event brought together, bank CEOs, representatives from the National Bank of Rwanda and other regulatory agencies, microfinance and insurance institutions, and regional and
Paymentology’s cloud-first card issuing, and analytics platform powers Waafi by Salaam Bank to launch digital and physical cards across Somalia Paymentology, the leading global issuer-processor, proudly announces its partnership with Salaam Bank’s Waafi, on the launch of its co-branded tokenised tap-to-pay digital companion card, and physical card, for Waafi mobile app users in the Horn
Africa’s payments ecosystem has undergone significant transformations in recent years, driven by technological advancements, changing consumer behaviour, and the evolution of fintechs. In this evolving landscape, Interswitch Group, one of the continent’s leading integrated payments and digital commerce companies, has reinforced its longstanding partnership with ACI Worldwide, a global leader in real-time payments software, to
I&M Bank has collaborated with Mastercard to launch the new Business Credit Card proposition, a comprehensive financial tool designed to help businesses manage day-to-day expenses more effectively and support global operations. This initiative marks another longstanding engagement between I&M Bank and Mastercard. The Business Card proposition comprises the Business Credit Card and the World Business
We are delighted to find individuals and organisations who truly understand the benefits of using QR Codes to trigger many customer experiences, from loading websites to executing payments between consumer and merchant. Zapper has been doing the latter since its inception in 2013, and its popularity rose significantly in the early years when the novelty factor
Paymentology the leading next-gen global issuer-processor, today announces its partnership with Mama Money, one of Africa’s leading cross-border money transfer operators, and Access Bank, to launch a pioneering new bank card service that stands out for its innovative use of WhatsApp banking. Through its integration with WhatsApp, the Mama Money Card allows you to transfer
Stanbic Bank and Mobikey Kenya, a leading player in the zero-mileage vehicle distribution industry and a member of Grupo Jap have signed a Memorandum of Understanding (MOU) set to transform vehicle financing in Kenya. This landmark agreement marks Mobikey’s first local partnership and is set to make vehicle financing more accessible and affordable, particularly for
American Express and Ecobank Group (www.Ecobank.com), the leading pan-African financial services Group, announced an agreement to significantly expand American Express Card acceptance in twenty-one countries across Africa. Through this agreement, American Express Card Members will be able to use their Cards in twelve new countries: Burundi, Central African Republic, Gabon, Guinea-Bissau, Liberia, Malawi, Mali, Niger,
Omnisient, the global leader in privacy-preserving data collaboration, was recognised at the Africa Bank Summit held in Nairobi this week for the impact it is having on growing financial inclusion in Africa. This accolade highlights a groundbreaking initiative that has enabled banks to assess credit risk and qualify millions of previously underserved individuals by analysing
By Dr. Reda Helal, Group Managing Director – Processing, Africa and Co-Head Group Processing, Network International and Benjamin Mutimura, CEO, I&M Bank (Rwanda) Plc. The momentum of financial inclusion programmes is progressively strengthened as financial institutions, businesses and consumers embrace cashless convenience and digital payments that are secure and seamless. Technology development broadens the scope
