A Fintech First – iKhokha Opens Retail Stores to Enhance Engagement With Merchants

Fintech company, iKhokha, one of the market leaders in the South African SME payments space, are this week opening their eighth retail store, where their point-of-sale devices are sold and where merchants can access support, networking opportunities and other business enhancement tools. Since launching in 2012, iKhokha has developed a deep understanding about the complexities

The role of financial services in achieving financial inclusion in Rwanda and beyond – Network International and I&M Bank (Rwanda) Plc

By Dr. Reda Helal, Group Managing Director – Processing, Africa and Co-Head Group Processing, Network International and Benjamin Mutimura, CEO, I&M Bank (Rwanda) Plc. The momentum of financial inclusion programmes is progressively strengthened as financial institutions, businesses and consumers embrace cashless convenience and digital payments that are secure and seamless. Technology development broadens the scope

Unleashing Economic Potential: The Soaring Growth of Cross-Border Payments in Africa – Synthesis

By Arthi Narayanan, Lead Payments Consultant at Synthesis The pivotal role of digital accessibility for goods and services has become abundantly clear over the past few years. The global economy, now more than ever, relies on the seamless flow of transactions across borders. Whether it involves individuals, businesses, or financial institutions spanning different countries, the

Over 10 Innovative CDBC Card Services Launched in Six Months on OpenWay’s WAY4 System

In just 6 months after Kazakhstan launched the digital tenge, its Central Bank Digital Currency, over 10 innovative CBDC card services have become available to the country’s population of 20 million. Altyn Bank, Eurasian Bank and Halyk Bank leveraged the Way4 digital payments software system to swiftly join this CBDC project and onboard 72% of

Berhan Bank and Mastercard Launch Innovative Prepaid Card for International Transactions

In a significant move towards enhancing digital financial inclusion, Berhan Bank, in collaboration with Mastercard, has announced the launch of a co-branded prepaid card designed to revolutionize online international transactions. This strategic collaboration aims to cater to the growing needs of international travelers and diaspora communities by providing secure and convenient means of conducting digital

Accel-KKR Welcomes Tim Sherwin to Entersekt Board of Directors

Accel-KKR, a technology-focused private equity firm, today announced the appointment of Tim Sherwin, former CEO and Co-founder of Cardinal Commerce, to portfolio company Entersekt’s board of directors. Entersekt, the financial authentication company, provides financial institutions around the world with digital banking fraud prevention and payment security solutions. As former CEO and Co-founder of Cardinal Commerce,

Access Bank Group and Mastercard Join Forces to Expand Opportunities for Cross-Border Payments for African Businesses and Consumers

A leading multinational bank, Access Bank Group, has today launched an innovative solution in collaboration with Mastercard to expand access to cross-border payments and remittances to and from the continent, bringing Africa closer to the global economy. By leveraging the network and treasury capabilities of Mastercard Move, Access Bank, through its cutting-edge Access Africa platform,

DataMesh Teams up With Visa to Advance Card Acceptance

DataMesh Group, an Australian innovator in payment technology, has announced a new initiative with Visa, the world leader in digital payments, to enhance card-acceptance payment processing experiences for merchants, acquirers, and consumers. The cooperation will leverage DataMesh’s Unify™ platform, which offers customisable payment solutions significantly beyond the traditional “one-size-fits-all” approach that exists in the market

PayU GPO Lauded as Best Payment Solution at Absa Awards, Broadening Financial Inclusion and Innovation

PayU GPO, a leading South African financial services and payment service provider, is proud to announce its Absa Award win in the category: Best Payment Solution. The prestigious award showcases PayU GPO’s market leading and comprehensive suite of payment solutions tailored for the South African market and beyond. The category celebrates the Fintech company that

Empowering Industries: The Role of Payment Aggregators – Pay@

In the ever-evolving landscape of the payments industry, the pivotal role of payment aggregators has become increasingly crucial. Banking channels and platforms are experiencing exponential growth, telcos are emerging as prominent players, retailers are maintaining their leading position, and fintechs are innovating and disrupting all the time. In essence, the digital revolution continues at apace