Klasha Unveils Whitepaper on Future of China-Africa Cross-Border Payments

Posted on by kara | 4044 Views | 12 min read
Klasha

Klasha, a prominent global cross-border payments company, has released a comprehensive whitepaper exploring the future of payments between Africa and China. The report, titled “Unlocking opportunities: The future of cross-border payments between Africa and China,” delves into key trends, emerging opportunities, and innovative solutions shaping this dynamic sector. China’s role as a major trading partner

South African Banks to Cut Digital Payments to CMA Countries – Standard Bank

Posted on by kara | 11892 Views | 9 min read
South African Banks

South African banks, in the next month, will halt electronic fund transfer (EFT) services to Namibia, eSwatini, and Lesotho, restricting clients from transferring money to these Common Monetary Area (CMA) countries. From September 4th, EFT services will be unavailable to South African customers wishing to send money electronically to these key Southern Africa Development Community

CrowdStrike Downtime Disrupts Payments Globally, Reminding Businesses of the Need for a Back-up Plan

Posted on by kara | 10570 Views | 12 min read

By Nicole Dunn, Co-founder and COO of Precium CrowdStrike, a leader in cybersecurity solutions, experienced a major service disruption due to a technical glitch in their cloud-based infrastructure. This unexpected downtime lasted for approximately 14 hours, leaving numerous businesses grappling with the fallout. Payment processing services were among the hardest hit, as many financial institutions

Temenos and Tech Mahindra Launch New Service on Temenos SaaS for EMIs to Get Faster to Market

Posted on by kara | 4768 Views | 10 min read

Temenos today announced it has signed an agreement with Tech Mahindra, a leading global provider of technology consulting and digital solutions, for Tech Mahindra to provide a core banking offering on Temenos SaaS specifically designed for Electronic Money Institutions (EMIs) in the UK and Europe. By leveraging Temenos composable banking capabilities and Tech Mahindra services,

Paycorp Expands Into Embedded Business Funding in South Africa and the UK

Posted on by kara | 16334 Views | 8 min read

Paycorp, a global leader in payment solutions, continues shaping the future of payments across Southern Africa, Central and Eastern Europe, and the UK. With over two decades of experience, Paycorp stands as an acknowledged innovator, leveraging a collaborative and integrated ecosystem, blending expertise, reliability and agility in transaction processing, cash management solutions, value-added services like

GenAI in Digital Payments: How to Maximize the Benefits? – OpenWay

Posted on by kara | 6086 Views | 3 min read

Financial institutions in EMEA, APAC, and USA agree on the two common barriers to the full potential of GenAI: “too much complex infrastructure” and “data quality and access”. However, both barriers are eliminated for companies that can integrate GenAI with their data-rich, real-time payments processing platform like OpenWay’s Way4. Nexi, the pan-European acquirer serving two million merchants, is positive

Scan to Pay Takes Centre Stage in Spenda’s Fintech Suite

Posted on by kara | 22641 Views | 19 min read

Despite the global move towards digital transacting, 1.4 billion people worldwide remain unbanked. It’s these individuals that payment service providers like Spenda are empowering through the use of innovative payment solutions that address the financial inclusion gap. In its latest move to do so, Spenda has integrated Scan to Pay to launch Spenda Scan to

First CBDC Cards: What Technology Issuing And Acquiring Banks Use – OpenWay

Posted on by kara | 13144 Views | 3 min read

Eurasia’s first CBDC cards, recently launched in Kazakhstan, have provided 20 million consumers with a convenient, tangible way to manage their funds in CBDC (Central Bank Digital Currency). Today, plastic cards in the digital tenge currency are used for both in-store and e-commerce purchases and are accepted globally through the Mastercard and Visa networks. The

Mastercard Women SME Leaders Awards Reveals 2024 Winners

Posted on by kara | 8278 Views | 14 min read

Mastercard has announced the winners of the third edition of its Women SME Leaders Awards, celebrating the achievements of women-owned and led businesses across diverse sectors in the Eastern Europe, Middle East and Africa (EEMEA) region. Launched in 2022, the Mastercard Women SME Leaders Awards is the first initiative of its kind to recognize outstanding

HPS Expands Global Reach and Capabilities in Digital Banking and Payment Software With Acquisition of CR2 Limited

Posted on by kara | 24474 Views | 16 min read

HPS, a leading global provider of payment software and solutions, is pleased to announce that it has agreed to acquire CR2, a prominent digital banking and payments software company headquartered in Dublin, Ireland. This strategic transaction underscores HPS’s commitment to enhancing its digital banking and payments capabilities, further solidifying its position as a leading global