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Tribunal Approves Merger Whereby Absa Bank Acquires Société Générale SA

The Tribunal has approved a large merger, without conditions, whereby Absa Bank Ltd (Absa) seeks to acquire Société Générale SA (SocGen) Johannesburg branch in respect of target assets. Absa is a Read More →

Visa and Western Union to Bring Speed, Simplicity and Transparency to Global Payments

New collaboration to modernize global money movement for expedited cross-border money transfers.

Visa has announced a new strategic agreement with Western Union, a global leader in cross-border, Read More →

WorldRemit Launches New Product for Business Payments to South Africa

Through the WorldRemit website and app SMEs can now quickly and securely transfer money to pay employees and contractors in 140 countries including South Africa.

Leading digital money transfer Read More →

SWIFT Selected as a Network Service Provider to all TARGET Services

SWIFT has been awarded the license to offer connectivity services to all Eurosystem market infrastructures via the European Single Market Infrastructure Gateway (ESMIG).

SWIFT has announced that it has Read More →

Payments Partnership to Create the Next Generation of ATM Services

Altron Bytes MS and Renovite to deliver 21st century ATM services. Leading technology firm Altron Bytes Managed Solutions (Altron Bytes MS) and payments specialist Renovite Technologies have announced a new strategic Read More →

Tanzania’s ClickPesa is Entering into a Partnership with Dutch Payment Facilitator Ai2

Tanzania’s ClickPesa is entering into a partnership with Dutch Payment facilitator Ai2. The partnership provides farmers in the agriculture and horticulture industry in Tanzania a quicker and cheaper way to Read More →

Societe Generale and Absa Accompany Chinese Clients in their African Development

Societe Generale, a leading European bank with operations in 19 African countries, and Absa Group Limited (“Absa”), a leading financial services group in Africa with presence in 12 countries, announced Read More →

Apis and Crossfin-led Consortium Announces the Acquisition of Sureswipe

  • A consortium led by Apis Growth Fund I, a private equity fund managed by Apis Partners LLP, and Crossfin Technology Holdings, a fintech investment company announced today the acquisition Read More →

MCB Group Limited Announces its Unaudited Results for the Nine Months Ended 31 March 2019

MCB Group Limited has announced its unaudited results for the nine months ended 31 March 2019. Commenting on the results, Pierre Guy Noël (Chief Executive - MCB Group Ltd) said: ‘‘The Group Read More →

Mastercard Expands Digital Identity Commitment with Samsung Electronics

Mastercard has announced that it will collaborate with Samsung to explore and deliver a better way for people to conveniently and securely verify their digital identity on the mobile devices Read More →

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