Mama Money Improves Financial Control with Duco Reconciliation Platform

Duco’s automated matching process provides the capacity of two full time employees. Having gone live in 24h, costs are now capped, enabling rapid and controlled scaling. Duco, the global leader of cloud-based enterprise data integrity and next-generation reconciliation services have announced that Mama Money, the world’s first social business money transfer operator, has gone live

Airtel Africa Partners with Ecobank Group to Improve Access to Mobile Financial Services

The partnership will also allow Ecobank corporate account holders to make bulk disbursements, such as payroll payments, directly into Airtel Money customer wallets Airtel Africa (Airtel.Africa), a leading global telecommunications services provider with operations in 14 countries across Africa, and Ecobank Transnational Incorporated (“ETI”) (Ecobank.com), the parent company of Ecobank the leading pan-African banking group operating

Comviva Powers Mobile Money Service ‘inwi money’ in Morocco

To provide easy, fast and more convenient digital financial services to millions of Moroccans inwi, Moroccan telecom operator known for its digital innovations, has recently launched its mobile money service “inwimoney”. The service works on Comviva’s mobiquity® Money, one of the world’s largest mobile money platform. The service offers consumers a quick, convenient and secure way

UnionPay Cards are Accepted in Tunisia Stimulating Tourism Businesses

UnionPay, with a massive 7.5 billion cards in circulation globally, now accepted in Tunisia, thanks to the strategic partnership with local payment switch, Monétique Tunisie (SMT) and recent developments with major Tunisian banks, significantly expands UnionPay’s presence across Tunisia, that ensures convenient local services to a growing number of global UnionPay cardholders. This partnership has

Conducting Business and Investing in Other Countries

Many businesses are now part of a global marketplace. Even companies that primarily serve a local community cannot afford to ignore the wider world. Such businesses are likely to be receiving supplies from abroad, or dealing with other companies that are internationally owned. And for most businesses, making foreign sales and investments, and the added

ACI Worldwide Powers Digital Innovation and Financial Inclusion for Egyptian Banks Company

Egyptian Banks Company enters new phase of long-standing relationship with ACI as it prepares for launch of national payments scheme. ACI Worldwide, a leading global provider of real-time electronic payment and banking solutions, has announced that Egyptian Banks Company (EBC) has completed its transition to the latest version of ACI’s UP Retail Payments solution. EBC,

EBRD Backs Moroccan Firm Delivering Payments Systems

The EBRD is continuing its drive to increase the efficiency of Morocco’s small and medium sized enterprises by raising the competitiveness of Societe Maghrebine de Monetique S.A (S2M), a Moroccan firm that develops e-payments systems and is listed on the Morocco stock exchange. Under the Bank’s Blue Ribbon programme, a €2 million loan will further

Kony Helps CFG Bank Deliver Digital-First Banking

Powered by Kony DBX, CFG Bank’s Digital Banking App Provides a Unique Digital Experience to Meet Customers’ Modern Banking Needs Kony, Inc., a leading provider of digital banking solutions, and CFG Bank, an innovator in retail commercial banking in Morocco, has announced their collaboration on CFG Bank’s digital banking application. With customers expecting a simple

Temenos and AUC Venture Lab Team Up to Accelerate Fintech Innovation in Egypt

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

Truecaller Partners with Paystack to Enable More African Businesses to Accept Online Payments

We’ve partnered with Paystack to allow more merchants across Africa to accept payments online in a frictionless and secure manner by leveraging Truecaller’s mobile identity product, Truecaller SDK. Paystack is one of Nigeria’s largest payments startups, processing nearly 20% of all online transactions in Africa’s largest economy. The company aims to allow merchants in Africa