Sasfin’s Equity Stake in Fintech Lender Payabill Set to Enhance SME Growth

Posted on by Staff Writer | 3461 Views | 12 min read

In another major step forward in supporting growth in SMEs, Sasfin has announced that it has acquired a strategic stake in fast-growing fintech lender Payabill. Payabill, a 100% digital lending business, provides working capital and/or trade finance to small businesses. The collaboration between Sasfin and Payabill accelerates financing opportunities for customers. Sasfin, South Africa’s leading

The World’s First Volume Order of Fingerprint Sensors for Dual-Interface Payment Cards

Posted on by Staff Writer | 3151 Views | 8 min read

Fingerprint Cards’ (Fingerprints) technology has been selected by Gemalto to bring additional performance to its next generation of dual interface payment cards. Gemalto, the world leader in digital security, will offer biometric EMV payment cards to its bank customers, using Fingerprints’ T-Shape sensor and licensing the recently-launched Biometric Software Platform for payments. The initial order

Ingenico 2018 Full Year Results

Posted on by Staff Writer | 2783 Views | 51 min read

Ingenico Group, the global leader in seamless payment, has announced its 2018 full-year results. 2018 operating & financial performance Revenues of €2,643million, up 2% on an organic basis1and 5% on a reported basis EBITDA2: €488million, representing a margin of 18.4% 49% FCF3to EBITDA conversion rate, highlighting the strong cash generation Group net profit attributable to

TransferTo Announces Rebrand with the Creation of Two Market Defining Companies: DT One and Thunes

Posted on by Staff Writer | 2871 Views | 6 min read

TransferTo, a cross-border mobile top-ups and payment solutions network provider has announced a full rebrand, effective immediately, with two separate company brands, logos and identities. TransferTo’s mobile top-up and rewards business, founded in 2005, has now changed its name to DT Oneandremains a leading global network for mobile top-up solutions and innovative mobile rewards. The

Fingerprints Launches ‘Out of the Box’ Enrollment Demo for Biometric Payment Cards

Posted on by Staff Writer | 2798 Views | 9 min read

World-leading biometrics company, Fingerprint Cards has launched a new enrollment demo for biometric payment cards, a concept that enables consumers to quickly and securely add their fingerprints to cards before even taking it out of the box. The powered box solution has been designed to simplify and enrich the user’s first touch-point with their new payment

GTBank Reaffirms Commitment to Digital Banking

Posted on by Staff Writer | 3511 Views | 9 min read

The Group Chief Executive Officer of the Guaranty Trust Bank (GTBank) Plc, Mr. Segun Agbaje has said the bank is committed to building a strong robust banking platform to drive financial services and accommodate the effects of disruptive technology in Nigeria. Agbaje said this at the 2019 edition of the Social Media Week in Lagos

Ecocash and cashbackAPP to Launch Ecocash Rewards

Posted on by Staff Writer | 4357 Views | 16 min read

Ecocash, the mobile payments giant and subsidiary of Cassava FinTech, has announced its partnership with cashbackAPP, the international loyalty and advertising business. This deal is set to disrupt the market in Zimbabwe and significantly enhance the value proposition to Ecocash merchants and customers in the form of Ecocash Rewards, a highly innovative programme which will

Samsung Pay Starts Overseas Remittance Service in 17 Countries

Posted on by Staff Writer | 2852 Views | 6 min read

Samsung Pay users can now wire money internationally through their mobile phones and save in fees compared to sending money overseas via conventional remittance route. Samsung Electronics Co. said Wednesday that it has begun the beta version overseas remittance service on its mobile payment system Samsung Pay in partnership with local foreign money transfer operators

Conoco Launches Mobile Pay in Denver to Bring Easy Pay-at-the-Pump Features to Locals

Posted on by Staff Writer | 2780 Views | 6 min read

Fuel brand Conoco launched Mobile Pay, a new payment feature in its My Conoco app, a convenient app that allows consumers to find the nearest Conoco gas stations, track KickBack Points and stay up to date on promotions. With the My Conoco app, people can now pay at the pump and in-store on their mobile

Regional Payment Systems can Boost Scale in sub-Saharan Africa

Posted on by Staff Writer | 3100 Views | 7 min read

Evidence of a 5,000% increase in the volume of payments processed in the Southern African Development Community’s real-time gross settlement system (SADC RTGS) A number of forward-thinking national governments have realised the confines of fragmented national payment system frameworks and are exploring how a critical level of scale can be achieved through regional payment system