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Mastercard Supports African Payment Innovation through Engage Partnership Platform

Mastercard is expanding its Engage programme in sub-Saharan Africa, with the first Engage events in Nigeria and Kenya to introduce local fintech innovators to its broad partnership opportunities. Mastercard Engage, launched Read More →

Tribunal Approves Capitec’s Acquisition of Mercantile Bank

The Tribunal has this afternoon approved Capitec Bank Limited’s (Capitec) acquisition of Portuguese-owned Mercantile Bank Holdings Limited (Mercantile Bank), which paves the way for Capitec to enter the business banking Read More →

Aconite Technology Powers South African Discovery Bank’s Debit and Credit Card Launch

Aconite Technology Ltd is proud to announce that Discovery Bank, a new digital-only challenger bank launched by Discovery Central Services Limited, the leading South African insurance and financial services provider, Read More →

EBRD Backs Moroccan Firm Delivering Payments Systems

The EBRD is continuing its drive to increase the efficiency of Morocco’s small and medium sized enterprises by raising the competitiveness of Societe Maghrebine de Monetique S.A (S2M), a Moroccan Read More →

Visa Opens its Global Network with Launch of Visa Developer

Visa Inc. has announced the launch of Visa Developer, a milestone that transforms the world’s largest retail payments network to an open platform that will drive innovation in payments and Read More →

UnionPay International Partners with Steward Bank to Accelerate Financial Inclusion in Zimbabwe

UnionPay International announced today that the partnership with Steward Bank Limited (Steward Bank), which is the one of the largest banks in Zimbabwe, to issue 150,000 UnionPay international prepaid cards Read More →

African Payment Industry Experts Support ISO 20022 Migration

Payment industry experts from Africa and across the world have joined forces with SWIFT to step up the drive to move cross-border transactions to the ISO 20022 standard. First published in Read More →

Standard Bank Appoints Chief Technology Officer as Bank Focuses on Digitisation Strategy

Standard Bank Group has appointed Mr. Tau Mashigo as its new Chief Technology Officer (CTO), effective 1 April, reporting to the Chief Information Officer (CIO). Mashigo will drive and support Standard Read More →

Capitec Continues Growth due to Strong Fundamentals

The country’s leading retail bank has once again ensured a solid set of financial year end results, driven by its simplified and transparent banking solution delivered through innovative technologies. The bank’s Read More →

Mastercard and Jumia Expand Relationship to Accelerate E-commerce Growth in Africa

Jumia, the leading pan-African e-commerce platform, today announced that Mastercard has agreed, subject to certain conditions, to become an investor and form a strategic partnership to grow e-commerce operations and Read More →

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