Upgrade or Lag Behind. Why Africa’s Banks Need Modern Card Management for Modern Banking?

Posted on by kara | 204 Views | 30 min read
Africa

For many African financial institutions, card management is still treated as a back-office issuing function: produce cards, manage BINs, process transactions, and handle settlement. That view is becoming outdated. In today’s market, modern card management is no longer only about debit, credit or prepaid cards. It is becoming the foundation layer for digital-first experiences such

Absa and Thunes Launch Absa Global Pay for Cross-Border Remittances

Posted on by kara | 4298 Views | 8 min read
Abs

Absa Group and Thunes have announced the launch of Absa Global Pay, a digital remittance solution enabling Absa customers to send money internationally via the Absa Banking App or Absa Online platform. According to the official press release, the service launched on 3 March 2026, with an initial release covering six countries, including the UK,

Mambu Selected as Core Banking Provider by Nyla, Africa’s First Islamic Neobank

Posted on by kara | 3458 Views | 6 min read
Mambu

Mambu, the leading SaaS cloud banking platform, today announced a strategic collaboration with Nyla, Africa’s first Islamic neobank, to power its shari’ah-compliant digital banking infrastructure as it launches in Ghana and prepares for expansion across West Africa. The partnership marks a significant milestone for Mambu’s Islamic banking offering in Africa, bringing scalable, cloud-native infrastructure to

From Social Engineering to Real-Time Risk: The New Fraud Playbook 2026 for Africa’s Digital Banking Era

Posted on by kara | 5096 Views | 33 min read
From

By Maxim Kuzin, Head of Fraud Monitoring Department, BPC From Africa’s digital payments story being one of the fastest-moving structural shifts in global finance — more accounts, more wallets, more rails, more real-time transfers, and more e-commerce — the same connectivity that compresses time-to-transaction also compresses time-to-fraud. Fraud is not merely “leakage”; it is a

Stripe-Owned Nigerian Fintech, PayStack, Launches Holding Company, The Stack Group, as it Celebrates 10-Year Anniversary

Posted on by kara | 12956 Views | 15 min read
PAYS

Paystack, the payments company building technology for ambitious businesses across Africa, has announced the launch of The Stack Group (TSG), a new parent holding company that will bring together Paystack and a growing family of tech-focused brands under a single corporate umbrella. TSG has been established to aggregate and support a set of complementary businesses

Access Bank and Visa Roll Out Corporate Expense Card in Nigeria

Posted on by kara | 7915 Views | 15 min read
Acce

Access Bank, a leading full-service commercial bank, has announced a strategic partnership with Visa, the world leader in digital payments, to introduce a new Corporate Credit Card solution tailored specifically for medium to large enterprises in Nigeria. The new offering is designed to address long-standing challenges around working capital management, expense visibility, and operational efficiency

Xsolla Expands Local Payments in Nigeria Through Paga Integration

Posted on by kara | 9288 Views | 16 min read
Xsolla

Xsolla, a global video game commerce company that supports developers in launching, growing, and monetising their games, has announced the expansion of its payments solution in Nigeria through the addition of Paga, one of the country’s largest mobile-money operators. This integration marks a significant milestone in Xsolla’s ongoing mission to empower game developers with localised

PalmPay Executes Nigeria’s First Live Transaction on the National Payment Stack (NPS)

Posted on by kara | 7449 Views | 12 min read
Pal

PalmPay, Nigeria’s leading digital banking platform, has once again demonstrated its leadership in driving the nation’s payment revolution. In a landmark development for Nigeria’s digital economy, PalmPay, in collaboration with Wema Bank, completed the first live transaction on the Nigeria Inter-bank Settlement System (NIBSS) National Payment Stack (NPS), a next-generation infrastructure designed to redefine how

Moniepoint Announces US$200 Million Series C Round to Power Financial Inclusion

Posted on by kara | 7148 Views | 18 min read
Monie

Moniepoint Inc., Africa’s all-in-one financial platform for businesses and their customers, has announced the successful close of its Series C funding round, securing more than US$200 million in equity financing. The investment underscores Moniepoint’s rapid growth, sustained profitability, and meaningful impact, and will enable the Company to advance its mission of powering the financial dreams

Paga Group Expands Into the U.S. Market With Digital Banking for Africa’s Diaspora

Posted on by kara | 7182 Views | 16 min read
Paga

Paga Group, a UK-headquartered financial technology company and one of Africa’s fastest-growing fintech businesses, today announced its expansion into the United States market with the launch of digital banking services for Africa’s diaspora community. Created in partnership with a US-regulated bank, Paga’s new service provides Africans living in the US with unprecedented access to international