Understanding Generative AI and Its Impact on Payment Fraud in South Africa – Eftsure Africa

The accessibility of generative AI tools has lowered the barriers for would-be criminals, while the transition to hybrid work models and geographically dispersed teams has expanded the attack surfaces they can exploit. In this context, the overlap of AI technology and the interests of financial leaders becomes increasingly significant, says Ryan Mer, CEO of eftsure

Winner of Financial App of the Year on Quest to Empower 1 Million Entrepreneurs – iKhokha

iKhokha, a locally developed all-in-one suite of intuitive business tools that empowers small businesses to compete in the digital economy, has won the 2023 MTN Business Finance App of the Year Award. iKhokha now joins the ranks of other South African financial solutions that have previously won this prestigious category, including Naked Insurance, Franc, Shyft

Mastercard Spearheads South Africa’s Digital Payments Evolution With New Local Investments in Technology Infrastructure

Today, Mastercard announced the completion of significant new technological infrastructure that will enable the tech company to process transactions locally and drive the modernization of South Africa’s payments industry. The project is the latest major investment that Mastercard has made in technology and partnerships in South Africa that are set to further improve the country’s

FSB Middle East and North Africa Group Discusses Regional Financial Stability Issues and Cross-Border Payments

The Financial Stability Board (FSB) Regional Consultative Group for the Middle East and North Africa (RCG MENA) met today in virtual format. The group discussed global and regional macroeconomic and financial stability developments. Spillovers from bank failures in the US and Europe in March have been muted. However, geopolitical factors are weighing on the outlook

New App Enables South Africans to Withdraw Their Crypto as Cash at ATMs – Paycorp

Global payment company Paycorp has unveiled CryptoExpress, an app designed to simplify the conversion of cryptocurrencies to cash for South Africans. The CryptoExpress app seamlessly integrates with users’ crypto wallets, enabling them to effortlessly withdraw their cryptocurrency as cash at more than 3,000 crypto-enabled Cash Express ATMs across South Africa. Cash Express ATMs are operated

Mastercard and hatua.net Join Forces to Equip Kenya’s Disadvantaged Youth With Essential Professional Skills

Mastercard and Hatua.net – an independent UK and US registered charity working to promote education and employment among youth in Kenya and Uganda – have joined hands to empower young people with the essential skills needed to thrive in today’s competitive job market. Primary school in Kenya and Uganda is free but secondary school fees,

Putting You in Control: The Power of Consent – Comcorp

In today’s ever-evolving digital landscape, the concept of consumer consent has taken centre stage for companies. Gone are the days when consent was assumed; today, the control is firmly in the hands of the consumer. For those companies who handle consumer data, consent has to be a priority. While consumers want the services they can

Stanchion Appoints Shaun Hulley as Global Sales Engineering Leader

Stanchion Payments, a prominent global provider of payment technology, is proud to announce the appointment of seasoned payments professional Shaun Hulley, who will use his wealth of international industry experience to head up the leading paytech solution provider’s skilled and dynamic sales engineering team as Director of Global Sales Engineering Hulley returns to Australia after

CR2 Named as a Technology Leader in the Card Management System (CMS) market by Quadrant Knowledge Solutions

CR2, a global digital banking and payments platform has been named a Technology Leader in Quadrant report on Card Management Systems (CMS) 2023. A significant achievement as CMS platforms continues to develop and offer an extensive array of advanced features for numerous use cases. This includes support for multi-product, multi-language, multi-currency, multi-scheme, and a wide

CR2 Announces Continued Expansion Across Middle East and Africa

CR2 announces continued expansion across MEA with the addition of two new customer signatures – Arab International Bank (AIB) in Egypt and Unity Bank in Nigeria. This announcement builds on the continued growth of the past year. CR2 empowers banks to deliver on the potential of digital banking and payment solutions for both consumers and