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Corporates Pilot to Start Testing New Multi-Bank Payments Tracking on SWIFT gpi

SWIFT, along with a number of corporates and banks, has announced plans to start testing an enhanced multi-bank standard to further improve the cross-border payments experience for multi-banked corporates. This Read More →

Kenyan Startup Takes Home US$50,000 Top Prize from Visa’s Everywhere Initiative SSA Finals

Visa, the world’s leader in digital payments, announced a tech startup based in Kenya, Mookh Africa, as the overall winner of its first ever Sub Saharan Africa (SSA) Everywhere Initiative, Read More →

Two South African Startups make it to Final Round of Visa’s Everywhere Initiative in Sub Sahara Africa

Leading fintech companies from the Sub-Sahara Africa (SSA) technology startup community have made it to the finals of Visa’s Everywhere Initiative, a global innovation program that tasks start-ups to solve Read More →

SASSA Stabilises Grants Payment System

The South African Social Security Agency (SASSA) experienced problems in paying a portion of its beneficiaries since the 01 July 2018. SASSA pays over 12 million beneficiaries per month and Read More →

SASSA Assures Beneficiaries that Grants will be Paid Despite Glitches

The acting CEO of the South African Social Security Agency (SASSA), Abraham Mahlangu, has noted the challenges experienced by grants beneficiaries during the current social grant payment cycle. “We are aware Read More →

Currency Associations Welcomed Decision by EU to Suspend Legislation on Cash Payment Limitations

With the publication of its study on the impact of CPLs issued by the DG ECFIN, the EU Commission announced to no longer pursue legislation with the aim of harmonising Read More →

SWIFT Data Shows Intra-Africa Payments Clearing and Trade is Increasing

SWIFT’s report, “Africa Payments: Insights into African Transaction Flows”, reveals that intra-Africa payments clearing and trade is increasing in importance. The paper maps commercial payment flows against financial flows, pointing Read More →

Payments Modernisation in South Africa – The Future of Payments is about Embracing Change

Banking and Payments companies should not be afraid of making changes, tackling legacy infrastructure, and embracing new technology. This was the key idea put forward at the ATMIA 2018 Banking Read More →

Ingenico Group Supports Roll-out of Secure Biometric Solution in Zambia

Ingenico Group supported the roll-out of a secure biometric solution in Zambia in partnership with Paycode. This program allowed the distribution of 22 million dollars subsidies in rural Zambia within Read More →

SASSA Responds to Fake SMSes that are Being Circulated to Beneficiaries

The South African Social Security Agency (SASSA) has noted with concern the increasing number of fake SMSes that are being circulated to beneficiaries. In a recent incident the Agency has Read More →

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