Hello Pay Launches New High-End mPOS Device

Mobile point-of-sale solutions (mPOS) are no longer ‘alternative’ payment solutions – even small vendors who aren’t using this technology, will soon lose out if they don’t adapt. The market is expected to achieve a compound annual growth rate of almost 20 percent between 2021 and 2027, with many merchants not only adding these solutions to

Zapper Merchants can Now Take Card Payments Via Their Mobile Phone

Independent mobile payments, insights, loyalty and rewards platform, Zapper, has announced that their merchants will now be able to accept tap-on-phone payments. The new functionality gives them access to virtually all digital payments without the need for any additional point of sale hardware and irrespective of whether consumers have the Zapper app. “After a successful

Mama Money Accelerates Global Expansion and Appoints New CEO

Cape Town-based fintech Mama Money is growing fast as it expands globally. This year, its cross-border money transfer volumes have more than doubled compared to the previous quarter with the company aiming to double its market share by developing new services as it enters new regions. From 2018 to 2021, the company’s volume increased by

Kenya Bankers Association: Bankers, Payments Firms and Retailers in Drive to Reduce Consumer Exposure to Fraudsters

Consumer education will play a central role in addressing emerging security challenges. During the launch of the Kaa Chonjo! (Be Alert!) card, mobile and online safety awareness campaign, players in the financial, payments and retail sectors highlighted the importance of continuing to empower the public with information on fraud prevention. In his remarks, Kenya Bankers

Namibians Embrace Cashless Payment App PayPulse

Namibian consumers and merchants are increasingly turning to cashless payment methods as their preferred method of transacting. Since launching in 2018 PayPulse, Standard Bank’s cashless transaction app, has gained significant traction in that market, processing just under a million transactions to the value of N$ 442 million during the period 1 January 2021 to 31

Entersekt: AI in Payments – it’s Safer for Everyone When Machines Know Us Best

The competitive advantage in modern business relies more and more on the customer experience. With the availability of technologies such as AI, data has become the most valuable asset. AI is turning our online behaviour, and even our common mistakes and typing quirks, into an effective way to keep us safe while making our user

SWIFT Broadens Access with New Public Cloud Connectivity through Amazon Web Services, Google Cloud and Microsoft Azure

Streamlines access to financial messaging service while ensuring resiliency and security Public cloud has potential to unlock significant benefits while lowering costs SWIFT has announced that it will enable financial institutions to connect to its network and applications through public cloud providers Amazon Web Services, Google Cloud and Microsoft – a move that will streamline

Firstbank wins Best Bank in Nigeria and Best Bank in Digital Transformation Nigeria 2022

Nigeria’s premier banking institution and leading financial services inclusion services provider, First Bank of Nigeria Limited has won two awards: Best Bank in Nigeria 2022 and Best Banking Digital Transformation Nigeria at the International Investor Awards 2022, a print and online publication that provides insights, news and visual informative pieces with topics ranging from world

Cellulant has Partnered with NALA to Power Low-Cost Cross-Border Payments from the UK and USA into Africa

NALA provides an app for Africans living in the United Kingdom and the United States to send money to the continent seamlessly. NALA, a Tanzania based Fintech company, has teamed up with Cellulant (www.Cellulant.io), a Pan-African Payments Company, to power remittance payments from the United Kingdom and United States into Kenya, Uganda, Rwanda, Tanzania and

Standard Chartered Bank Reports a Record First Quarter Performance in the Africa, Middle East region

Income grew 11 per cent on a constant currency basis Standard Chartered (www.SC.com) PLC (the Group) has released its financial results for the first quarter, ending 31 March, 2022. The Group delivered a strong performance in the first quarter of 2022 in volatile and challenging market conditions, with underlying profit before tax increasing 5 per