Absa Group, one of Africa’s largest diversified financial services providers, has selected Thunes, the Smart Superhighway to move money around the world, as a strategic Multicurrency Clearing (MCC) partner for the Group. The new collaboration builds on the two companies’ recent launch of Absa Global Pay in South Africa which demonstrated the value of combining the company’s
Walletdoc, one of South Africa’s leading payment technology companies, is bringing Visa Payment Passkeys to local merchants, enabling them to offer shoppers a faster, more secure and passwordless online checkout. South African shoppers can now skip the frustrating redirect to their bank and the one-time PINs that slow down online card payments and instead approve
Luno, a leading regulated digital asset platform operating across multiple emerging markets, has acquired GTXN, a cross-border payments company and fund manager in Kenya, and named Dan Kleinbaum as its chief executive officer. GTXN gives Luno the licensed rails to collect and pay out money across the corridors that link developed and emerging markets, offered
For many retailers, payment acceptance is still treated as an afterthought, the last, forgettable step in a sale. Properly integrated, it becomes something else entirely… The difference between a stand-alone and integrated payment shows up in two key places: how a payment is actually processed, and how transactions are reported on the back-end. Get both
Verto, a leading B2B global payments platform, today announced the launch of its new Verto Card, in partnership with Visa, marking a new chapter in how African companies transact internationally. Accessible to customers worldwide, the Verto Card enables businesses to fund, spend, and settle payments across multiple currencies with zero FX markups on eligible currencies,
PAPSS, the Pan-African Payment and Settlement System, is preparing to accelerate adoption and transaction growth across Africa as it enters the next phase of its strategy, following significant expansion of its network and strong growth in payment volumes and values. Speaking at a media briefing in Lagos, Mr Mike Ogbalu III, Chief Executive Officer of
enza, a leading provider of payment technology and financial services infrastructure, today announced a strategic partnership with Fraudio, the AI-powered fraud detection company, to strengthen fraud and financial-crime prevention for banks, payment companies and financial institutions across Africa. The partnership brings Fraudio’s advanced artificial intelligence and machine-learning capabilities fully integrated into enza’s platform, giving enza customers access
By Rory Bosman, Chief Sales & Marketing Officer, and Gary Bowers, Product Owner at Ecentric Payment Systems Retail point of sale (POS) downtime has become one of the most quantifiable and consequential risks in modern commerce. While the immediate cost of a card machine, till, or POS terminal failing is the sale, the deeper costs
Stanchion Payments has announced the appointment of Carlin Wicomb as Regional Managing Director: Africa. Carlin brings over 15 years of experience in payments and fintech throughout Africa and emerging markets, combining deep technical expertise with a strong track record in commercial leadership. Given the company’s ambitious expansion plans, Carlin’s experience in building and scaling operations
Shufti, a glocal full-compliance lifecycle management solution, today extended its global footprint into Africa’s fintech frontier with a new partnership with Prime Focus Private Limited, a Zimbabwean fintech building financial infrastructure for Africa’s small and medium enterprises. Combining global scalability with local precision, Shufti adapts identity verification to diverse markets through advanced facial biometrics, deepfake detection,
