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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 →

SASSA Rejects Allegations of Claims of over R1 billion by CPS

The South African Social Security Agency (SASSA) has rejected allegations of claims of over R1 billion by Cash Paymaster Services (CPS) based on the alleged breach of the terms of Read More →

Test Case on the Payment of Social Grants on Track

The South African Social Security Agency (SASSA) has today successfully initiated a test case to directly pay about 100 social grant beneficiaries using commercial bank accounts of their choice as Read More →

SASSA Paydays Normalise from January after December Early Payment

Social grants are usually paid from the first of every month except in December. As from January 2018 SASSA will pay beneficiaries who use banks, ATM's and merchant outlets from Read More →

Latest Mastercard Start Path Program Includes Blockchain, Digital Identity and Healthcare Fintechs

Mastercard has announced its largest and most diverse class to enter the Mastercard Start Path program – the company’s global effort to support later-stage fintech and tech startups. The 11 selected Read More →

LCB Bank and Mastercard Work on the Republic of Congo’s Economy Transformation

LCB Bank, a subsidiary of BMCE Bank Of Africa Morocco Group, and Mastercard have announced their and partnership focused on digitising the Republic of Congo's financial economy in support of Read More →

Mastercard and Nigerian Business Leaders Commit to Transforming Nigeria’s Cities into Economic Hubs

With half of Nigeria’s population currently living in cities, it is critical that a development framework is in place to ensure future growth is sustainable. This was a key message Read More →

Ecobank Group Research Reveals Three Key Emerging Trends for Africa

The 2017 version of Ecobank Research’s Fixed Income, Currency and Commodities (FICC) Guidebook, which provides expert knowledge and analysis on African markets for investors and businesses, was launched at AfricaFICC. Read More →

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