MFS Africa and WorldRemit Partner to Expand Mobile-to-mobile Remittances in Africa

Posted on by Staff Writer | 31891 Views | 10 min read

Leading digital money transfer service WorldRemit continues its rapid expansion in Africa, launching new international mobile money services through a partnership with pan-African fintech MFS Africa. This launch brings WorldRemit’s mobile money service to 5 new countries via Airtel in Malawi and Niger, Orange in Madagascar, Vodacom in Mozambique, and MTN in Guinea. WorldRemit’s mobile-first,

Consumers are Showing a Strong Appetite to Save, According to FNB

Posted on by Staff Writer | 3705 Views | 10 min read

FNB has revealed that South African consumers are showing strong appetite to save after its customers initiated nearly 20 000 savings goals in just a few days since the launch of the Savings Goals feature on the Bank’s App. To date, some of the top Savings Goals that have been chosen by consumers include: saving

Mobile Money Transfers to Exceed 200 Billion Transactions in 2024, as Domestic P2P Drives Growth

Posted on by Staff Writer | 2899 Views | 8 min read

New data from Juniper Research has found that the volume of domestic money transfers via mobiles will exceed 203 billion in 2024, up from 130 billion in 2019. Domestic P2P payments will drive this growth; accounting for 80% of all domestic transfers in 2024. According to the new research, Digital Money Transfer & Remittances: Domestic

Vodacom Launches VodaPay Masterpass App for Digital Payments

Posted on by Staff Writer | 4133 Views | 12 min read

Want to top with up with mobile data in a matter of seconds, grab that purchase and go, or pay your bills from the comfort of your couch? You’re not alone. Today people are living an increasingly digital – and mobile – life and they expect their ability to pay for their needs and wants

Fiserv Enables Digital Delivery of Consumer Bills Via Mobile Wallet

Posted on by Staff Writer | 2775 Views | 8 min read

Mobile Bill Presentment puts bills conveniently on consumers’ smartphones Fiserv, Inc., a leading global provider of financial services technology solutions, is helping companies to stay ahead of changing consumer payment preferences by enabling their customers to receive and pay their bills via seamless mobile-first interactions. Mobile Bill Presentment from Fiserv allows clients to digitally present

Diebold Nixdorf Unveils Next-Generation Banking Solutions Built For The Transforming Financial Services Industry

Posted on by Staff Writer | 3959 Views | 13 min read

Diebold Nixdorf, a global leader in driving connected commerce for the banking and retail industries, has unveiled the DN Series, a family of self-service solutions designed to anticipate the needs of a progressively transforming industry. Leading banking brands, including Fifth Third Bank and BNL Gruppo BNP Paribas, are among the 18 financial institutions in 13

BTC Launches Mobile Money Wallet SMEGA Powered by Comviva’s Mobiquity Money Platform

Posted on by Staff Writer | 5699 Views | 15 min read

Botswana Telecommunications Corporation Limited (BTC), Botswana’s fastest and widely available mobile network, has revamped and introduced SMEGA, its mobile money service. SMEGA now works on Comviva’s mobiquity® Money platform, one of the world’s largest white-labeled mobile money platform. SMEGA offers consumers a quick, convenient and secure way to perform financial transactions from the comfort of

SWIFT Message Traffic Grows 4.4% in Africa

Posted on by Staff Writer | 16385 Views | 9 min read

Figures released at SWIFT’s 26th African Regional Conference show much stronger growth in particular regions, including in West Africa at 29% Data released at the SWIFT African Regional Conference shows that SWIFT FIN messaging traffic in Africa has grown by 4.4% in the year-to-date. Figures are even stronger in the West African Monetary Zone, where

WorldRemit Launches New Product for Business Payments to South Africa

Posted on by Staff Writer | 5248 Views | 10 min read

Through the WorldRemit website and app SMEs can now quickly and securely transfer money to pay employees and contractors in 140 countries including South Africa. Leading digital money transfer company WorldRemit has launched WorldRemit for Business, a new service that enables small and medium-sized business owners to quickly pay their employees and contractors in 140

The Future of Payments: Top Technologies Leading the Way

Posted on by Staff Writer | 2804 Views | 13 min read

As changes in consumer behavior continue being rapid in the banking sector, technologies such as big data, IoT, machine learning, and mobile devices remain highly disruptive on the market. Simultaneously, security breaches continue to grow daily, placing both businesses and consumers at risk. This convergence of forces is having profound impacts on the way people