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BankservAfrica Processes Record Volume of Electronic Transactions in March

BankservAfrica, Africa’s largest automated payments clearing house, cleared the highest volume of electronic funds transfers (EFTs) on record in March of 89 million and at a value of R847 billion. Most Read More →

WorldRemit Partners with Lebara to Connect New Customers to its Money Transfer Service to Africa

Lebara  and WorldRemit, two leading brands serving international residents, have entered into a strategic partnership making WorldRemit the exclusive global money transfer partner of Lebara, including transfers to over 40 Read More →

AlphaCode Calls on SA to Become a Fintech Centre of Excellence

“Now that the South African Reserve Bank (SARB) has established a fintech programme to track and analyse developments, South Africa has all that is required to become a fintech centre Read More →

BankservAfrica Lays Out the Essential Components of a Modernised Payments System

A modern payments system must not be ruled by what is considered essential in the current ecosystem. In a future where everyone will have their own digital store of value, Read More →

Visa’s Everywhere Initiative Launched in Sub Sahara Africa to Foster Payments Innovation and Entrepreneurship

Visa has announced that its Visa’s Everywhere Initiative, a global innovation program that tasks start-ups to solve commerce challenges of tomorrow, and further enhance their own product propositions and provide Read More →

SASSA Makes Great Strides Towards Insourcing Grant Payments

One of the key goals of the South African Social Security Agency (SASSA) is to manage and pay social grants without the use of a third party contractor as is Read More →

BankservAfrica Builds Momentum for Payments Modernisation in South Africa

Digital and mobile economies of the future requires that South Africa look to the next generation of payments infrastructure to fulfil developmental goals and remain competitive in the global economy, Read More →

SASSA Requests Extension of Suspension of Contract Invalidity

SASSA filed an affidavit with the Concourt to request an extension of the suspension of invalidity of the CPS contract. This is to allow SASSA to phase out CPS and Read More →

Growth in Payments Drives SWIFT Annual Traffic to Exceed 7 Billion Message Mark

SWIFT’s FIN traffic rose to an all-time high of 7.1 billion messages in 2017, fuelled by double-digit growth in global payments. While SWIFT’s FIN traffic grew by 9% over the Read More →

Gemalto to Provide Ghana Central Bank with PURE Payment Technology

Digital security provider Gemalto is providing its PURE white-label payment solution to Ghana Interbank Payment and Settlement Systems, a subsidiary of Ghana’s central bank that manages the country’s interbank payment Read More →

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