BPC, a global leader in payment solutions, today launched its latest white paper, ISO 20022 Migration 101: Steps and Strategies for Banks. The white paper provides a comprehensive guide to navigating one of the most critical transitions in the global financial ecosystem: the shift to ISO 20022 messaging standards. With the deadline for mandatory global
TCB has partnered strategically with Ramani, a leading African Y Combinator-backed supply chain financing platform, to enhance financial access for small and medium-sized businesses (SMBs). Tanzania Commercial Bank joins Ramani’s Financial Marketplace as its second capital partner to provide scalable supply chain financing to micro-distribution centres (MDCs) of leading Fast-Moving Consumer Goods brands such as
Somalia Payment Switch (SPS1) has successfully launched the country’s first-ever Instant Payment System with QR payments support, powered by BPC’s next-generation SmartVista platform, a global leader in payment solutions2. Championed by the Central Bank of Somalia (CBS), the initiative marks a major step in modernising Somalia’s payment infrastructure, promoting financial inclusion and enhancing economic stability.
Author: Norman Frankel, Chief Growth Officer, Stanchion Payments Solutions. Originally published here. I had the pleasure of growing up in Kenya in the 1970s, so every time I return, it always feels special. Of course, the city of Nairobi has changed a lot, and when I send photos back to the office, some in the
Peach Payments, a digital payments gateway, has agreed to acquire West-African payment platform PayDunya. In the process, it will enter mainland Francophone Africa for the first time, following its expansion to Eswatini (2024), Mauritius (2021), and Kenya (2018). Peach Payments is an enterprise-grade payments gateway that enables online payments in Africa for businesses of all
Visa, a global leader in digital payments, has announced strategic investments and commercial partnerships with two fintechs following their 12-week engagement through the Visa Africa Fintech Accelerator program, which enables start-ups to scale through training, mentorship, and networking opportunities. Visa’s investments include Konnect, a fintech based in Tunisia which enables seamless, accessible, and instant payments
Ecobank Group, the leading private pan-African financial services group with unrivalled African expertise, is proud to have been named the Best Trade Finance Provider Bank in Africa at the Global Finance Trade Finance & Supply Chain Finance Awards 2025. Additionally, our affiliates in Burkina Faso, Côte d’Ivoire, and Rwanda have been recognised as the Best
By: Pierre Aurel, Chief Product Officer, Stanchion Payments Solution. Originally published here. The number of virtual cards issued worldwide is growing at an unprecedented pace. According to Juniper Research, global virtual card issuance is expected to grow at over 30% annually between 2023 and 2028, driven by relentless consumer demand for seamless, secure and convenient
KCB Bank, the largest financial institution in East Africa, has partnered with Compass Plus Technologies to strengthen its multi-currency offering by launching Kenya’s first platinum multi-currency prepaid card. This card will empower its customers with the flexibility and convenience to pay for goods and access funds across borders. The card allows users to load and
RealPay has strengthened its African footprint through expanded partnerships with leading financial institutions. These collaborations leverage innovative technology to promote financial inclusion and drive seamless payment processes across multiple countries. For more information about RealPay, click here. Founded in 2003, RealPay has pioneered time-sensitive payment solutions throughout the continent, helping businesses of all sizes—from small
