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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 to Read More →

SASSA Ready for October Payments Without Cash Paymaster Services

The South African Social Security Agency (SASSA) is ready for the October payment cycle in which all social grant payments to beneficiaries will be made by itself in partnership with Read More →

Hungarian Instant Payments Project Progressing as Planned

In less than a year from now, on 1st July 2019, the instant payment system of Hungary will go live - fundamentally changing the way Hungarians make payments. The implementation of Read More →

Mastercard’s MoU with Central Bank of Iraq Signals Bright Future for the Country’s Emerging Digital Payments Ecosystem

In a move that underlines its commitment to supporting Iraq’s emerging digital landscape, Mastercard, a leading technology company in the global payments industry, recently signed a Memorandum of Understanding (MoU) Read More →

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 →

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