Financial Inclusion Focused Challenger Bank Be Mobile, Announced that it has Joined Visa’s Fintech Fast Track Program

Posted on by Staff Writer | 4867 Views | 6 min read

Be Mobile, a challenger bank for the unbanked and underbanked in Africa, announced that it has joined Visa’s Fintech Fast Track Program.The program allows FinTechs to leverage the speed, security, reliability and scale of Visa’s global VisaNet network and its enablement partners to introduce new payment experiences. Through this collaboration with Visa, Be Mobile is

PayPal Introduces Customers to the Next Digital Payments Era with the New PayPal App

Posted on by Staff Writer | 4147 Views | 24 min read

PayPal introduces new features and services, adding access to high yield savings, in-app shopping tools, deals and rewards, up to two-day early access Direct Deposit, and bill pay All-in-one, personalized app provides PayPal customers with a single destination to easily and securely manage their daily financial lives and do more with their money PayPal announced

Mastercard Partners with Lulu Exchange to Enable Speedy and Secure Online Remittances

Posted on by Staff Writer | 4583 Views | 12 min read

Lulu Exchange will be the first exchange house in the UAE to enable debit cards on its payments app LuLu Money Service will use multi-rail processing gateway MPGS (Mastercard Payment Gateway Services) to enable power, speed, and security of transactions Mastercard has entered a strategic partnership with Lulu Exchange to enable UAE consumers to carry

Ozow | The Evolution of Payments is Helping to Create a Contactless Society

Posted on by Staff Writer | 4889 Views | 13 min read

While people have been paying for goods and services for millennia, the arrival of the internet in the ‘90s became a major turning point for the payments sector. Since then, digital innovation has evolved payments solutions at breakneck speeds. Everything from contactless payments, QR codes and digital wallets, consumers have so many new ways to

Fiserv Tops IDC FinTech Rankings of Financial Technology Providers

Posted on by Staff Writer | 3665 Views | 7 min read

Fiserv, Inc. has topped the 2021 IDC FinTech Rankings of the leading global hardware, software and service providers to the financial services industry. The 18th annual rankings recognize 100 providers of financial technology worldwide based on their 2020 calendar year revenues attributed to financial institutions. “Fintechs like Fiserv continue to provide financial institutions with the tools that they

Locally Designed Standard Bank App Wins Best Locally Developed Financial Solution for 2021

Posted on by Staff Writer | 4778 Views | 17 min read

Standard Bank’s Shyft has won the Everest Wealth Best Financial Solution for 2021. This locally designed app simplifies the experience of buying and selling foreign exchange and international shares and allows the sending of money offshore as well as paying for goods and services in foreign currency, while travelling or online. Their win was announced

Clickatell’s “Chat 2 Pay” Enables Brands to Extend Digital Commerce Offering with Secure, Effortless Payments in Chat Channels

Posted on by Staff Writer | 4611 Views | 13 min read

Clickatell solves the last mile of digital transformation by embedding payments in the service stream, simplifying digital commerce for consumers Clickatell, a leader in mobile communications and chat commerce, launches Chat 2 Pay. Chat 2 Pay takes Clickatell’s decades of developing chat commerce solutions for global customers and delivers a simple and comprehensive way for

Standard Bank’s Unayo Platform Set to Disrupt Mobile Money Status Quo in Africa

Posted on by Staff Writer | 5170 Views | 18 min read

A global digital platform that addresses the unsolved payment needs of communities, through innovation and accessibility. Standard Bank has introduced a digital platform that combines the simplicity of mobile money with the sophistication of a bank account, aiming to connect Africa’s informal market to financial services in an easily accessible manner. Unayo transactions are free

Bank of Africa Chooses Sopra Banking Software’s Open Banking Platform to Operate North to South Money Transfers

Posted on by Staff Writer | 4521 Views | 10 min read

Sopra Banking Software (SBS), a global leader in financial technologies, have announced the recent signature with BANK OF AFRICA, to launch a new innovative offering for North to South money transfers based on SBS Open Banking Platform, powered by European open banking platform Tink. Technology disruption, new regulations, consumer shifts and the impact of the

Tanzania Government Cuts Mobile Money Transaction Charges by 30pc

Posted on by Staff Writer | 7092 Views | 5 min read

The statement added that newly reduced rates will be officially announced in the Government Gazette tomorrow Tanzania’s Government has reduced mobile money transaction levy by 30 percent. A press statement issued by the Ministry of Finance and Planning Tuesday stated that Minister Mwigulu Nchemba has already signed the review of the charges. Following concerns and