Visa Opens First Innovation Studio in Africa to Advance Future Payment Solutions

New Innovation Studio in Nairobi is the first in Sub-Saharan Africa and will provide Visa partners with cutting-edge capabilities to co-create future commerce solutions Visa (Visa Inc), the world leader in digital payments, has opened a new Innovation Studio in Nairobi, its first dedicated innovation site in Sub-Saharan Africa (SSA). This facility will serve the

MINT, Mastercard and Commercial Bank of Ethiopia Collaborate to Transform Government Services

Ethiopian government has integrated Mastercard Payment Gateway Services into its e-services portal which will enable the digital payments of government services The Ministry of Innovation and Technology (MINT), Mastercard, and Commercial Bank of Ethiopia have partnered to enable payments through the government e-services portal, which will allow Ethiopians to access and pay for government services

Building Africa’s Leading Trade Platform – Standard Bank

Technology, presence and global reach define continent’s future trade ecosystem Delivering on Standard Bank’s ambition to build Africa’s dominant business trade platform is not as unlikely as many may think. As a bank committed to driving Africa’s growth, for decades Standard Bank has steadily expanded its footprint and deepened its reach and capability across 20

Mastercard, Network International and NBS Bank Plc Partner to Accelerate Digital Payments Adoption in Malawi

NBS Bank plc in Malawi is the first bank in Middle East and Africa to incorporate Mastercard and Network International digital payments platform into their digital app The partnership will deliver a seamless experience and drive greater adoption and utilization of digital payments for NBS Bank’s customers This collaboration will underpin a new wave of

OpenWay Scales Up Its Partner Network in East Africa

OpenWay, a top-ranked digital banking and payment software provider, has announced two new implementation partners in East Africa — TechNote Limited, along with iCon Transactions and Tracing Technologies Limited (iT&TT). These new additions to OpenWay’s partner network will allow its clients to reduce time-to-market for innovative digital payments solutions in East Africa and beyond. TechNote

It’s a Record Performance for Equity Group

29% growth in Balance Sheet to Kshs 1.305 trillion from Kshs 1.015 trilliom 29% growth in customer deposits to Kshs 959 billion from Kshs 740.8 billion Emerges the largest bank in Kenya and in the region by all key parameters: balance sheet, profitability, market capitalisation and customer base Improvement in NPLs from 11% to 8.3%

Visa, Bantu Collaborate to Foster Financial Inclusion in Africa, Other Economies

Visa, the world leader in digital payments, is collaborating with the Bantu Blockchain Foundation (Bantu), custodians of the Bantu Blockchain Network infrastructure, to connect its digital asset-linked Visa cards to the Bantu Network Token (XBN), a utility token developed by Bantu to facilitate fast and secure transactions on the Bantu blockchain. This integration is expected to directly

Flutterwave is Now Live in Tanzania

A few weeks ago during our Flutterwave 3.0 event, we promised to deepen our presence in markets across the African continent. We’re excited to be bringing our products to the great businesses and individuals in Tanzania after the Bank of Tanzania approved our license as a payment services provider. Our products and services will look

Ecobank’s Leadership in Treasury and Cash Management across Africa recognised at the Global Finance Awards

The Awards Ceremony is scheduled to take place during the annual Sibos conference in Amsterdam, Netherlands in October 2022 Ecobank (www.Ecobank.com), the leading Pan-African Banking Group, has won five prestigious awards at the Global Finance Treasury & Cash Management Awards 2022, including Africa’s Best Bank for Cash Management and Africa’s Best Provider of Short-Term Investments/Money

United Bank for Africa Partners with Cellulant to Expand its Reach in 19 Markets Across Africa

Partnership between United Bank for Africa and Cellulant extends payments services for merchants and consumers across the African continent Africa’s global bank, United Bank for Africa (UBA) Plc, and leading Pan-African Payments Company Cellulant (Cellulant.io) have announced a partnership that will extend payment services for merchants and consumers across 19 key African countries in which