The Venture lab at The American University in Cairo (AUC Venture Lab), the leading university-based startup accelerator in Africa and the MENA region, and Temenos, the banking software company, have announced their intention to collaborate and strengthen the fintech ecosystem in Cairo. Temenos will support financial innovation in Egypt by providing startups with access to
Standard Bank is one of twenty-six leading banks from 5 continents, which are re-defining banks’ purpose and business models to align the sector with the UN Sustainable Development Goals (SDGs) and the Paris Climate Agreement. “Our sustainability and success are inextricably linked to the prosperity and wellbeing of the societies in which we operate. We
Volante Technologies Inc., a global provider of software for the integration, processing and orchestration of payments and financial messages on premise or as a cloud service, has announced its partnership with eVision to deliver efficient and agile payment solutions across the Egyptian and North African banking and finance markets. eVision is a leading software solution
UnionPay International announced today that it has reached cooperation with Banque Misr in Egypt. The two sides have agreed to enable UnionPay acceptance at all the Bank’s local merchants by the first quarter of 2018. The agreement enhances UnionPay acceptance penetration at the local POS terminals to 40%. Now, cardholders are already able to withdraw
Mastercard, a leading technology company in the global payments industry, is set to participate at the Alliance for Financial Inclusion (AFI) Global Policy Forum 2017, which will take place in Sharm El Sheikh from 13-15 September. The company is also the Lead Sponsor of the Euromoney Egypt Conference 2017. Representing Mastercard at both forums will
Mastercard, a leading technology company in the global payments industry, is set to participate at the Alliance for Financial Inclusion (AFI) Global Policy Forum 2017, which will take place in Sharm El Sheikh from 13-15 September. The company is also the Lead Sponsor of the Euromoney Egypt Conference 2017. Representing Mastercard at both forums will
Mastercard and McDonald’s announced a strategic collaboration that will bring simpler and faster payment options to all McDonald’s customers when buying their favorite meal in store , at the drive thru or when ordering it online. This collaboration follows a strategic agreement signed between both entities to introduce innovative payment solutions across key markets in
The African Export-Import Bank (Afreximbank) has received strong commendation for its strategy of providing support to African financial institutions to improve the trade finance services they offer to African businesses. John Mushayavanhu, Group Chief Executive of Zimbabwe-based FBC Holdings Limited, speaking when he led a delegation of the company to the Afreximbank Headquarters in Cairo
The Government of Egypt, represented by The Ministry of Communications and Information Technology, and MasterCard signed a Memorandum of Understanding (MoU) to establish a strategic collaboration that will help drive financial inclusion and maximize government efficiency. The MoU was signed by H.E. Atef Helmy, Minister of Communications and Information Technology, and Ajay Banga, Chief Executive
SLA Mobile, a leading worldwide solutions vendor focused on bringing new revenue streams to mobile operators, has partnered with Infobip, a global mobile messaging and payments provider to bring Direct Operator Billing (DOB) to Zain subscribers for their list of digital and virtual goods merchants. SLA Mobile provides managed service solutions to mobile operators, helping
