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SWIFT Data Shows More Goods and Services Bought and Sold within Africa

A new white paper from SWIFT, mapping commercial payment flows against financial flows in Africa, reveals that that intra-Africa payments and clearing is increasing in importance. It also points Read More →

Compass Plus Announces Global Expansion of Processing Business

Compass Plus, an international provider of electronic payments and retail banking software to processors and financial institutions, has announced the global expansion of its processing business with its fully compliant, Read More →

Retailers Say New Settlement Proposal Still Fails to Bring Billions in Credit Card Swipe Fees Under Control

The US National Retail Federation has said a proposed new class action settlement, which purports to resolve claims that Visa and MasterCard set credit card swipe fees in a multi-billion Read More →

Mastercard and Nedbank Create Digital Payment Ecosystem for Businesses

Nedbank has partnered with Mastercard to launch Qkr! with Masterpass, a mobile order-ahead and payment platform developed by Mastercard Labs, and Nedbank POSplus™ as part of their efforts to open Read More →

Gemalto and R3 Pilot Blockchain Technology to put Users in Control of their Digital ID

Who are you, and can you prove it? The new Gemalto Trust ID Network enables users to give digital service providers fully verified and secured answers to these simple yet Read More →

FNB Receives 50 million US-dollars to Accelerate SME Development

First National Bank (FNB) has received 50 million US-dollars from the DEG - Deutsche Investitions- und Entwicklungsgesellschaft to deploy towards small and medium enterprise (SME) development in South Africa. DEG is Read More →

SWIFT gpi to Provide Payment Message Error Detection and Upfront Fee Transparency

SWIFT is to introduce a pre-validation service that will allow customers to detect and resolve errors that delay payment messages before they are dispatched and enable banks to give upfront Read More →

Ecobank Announce Winners of 2018 Fintech Challenge

Winners of the 2018 Ecobank Fintech Challenge were announced at a ceremony held at Ecobank’s headquarters in Lome, Togo on 30th August 2018. Nala, from Tanzania, beat the ten other finalists Read More →

Mastercard Partner With Vodacom to Take Tanzania Cashless

Mastercard has partnered with market leader Vodacom and BancABC to introduce the first online card in Tanzania – the M-Pesa virtual card. “Vodacom’s M-Pesa is already an industry trailblazer with over Read More →

Uganda: The Sixth Largest Market for Digital Cash Transfers

Online money transfers have become so popular in African countries. You could transfer money to about anyone, no matter where they live in the world. Add to it the fact Read More →

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