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

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

Rand Merchant Bank Wins Global Trade Review Best Trade Finance Bank in Southern Africa and Best Trade Finance Deal in Africa With Sovereign Trade Finance Deal

In the recent Global Trade Review (GTR) awards announcement, RMB has been awarded as the Best Trade Finance Bank in Southern Africa and for the Best Trade Finance Deal in Africa for the Sovereign Trade Finance transaction – a collaboration with the Multilateral Investment Guarantee Agency (MIGA) and the Ministry of Economy and Finance for

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

iiDENTIFii Announces Strategic Channel Partnership

South African face biometrics leader iiDENTIFii has announced that local cybersecurity provider CYBER1 Solutions, will represent their award-winning solution in South Africa. CEO of iiDENTIFii, Gur Geva, says, “We’re thrilled about the increased momentum our platform is gaining in the region through this strategic move. Collaboratively, we aim to provide a greater number of businesses

IKhokha Opens First Fintech Retail Store in Pietermaritzburg

Fintech company, iKhokha has this week opened their first Pietermaritzburg retail store, where their point-of-sale devices can be purchased and where merchants can access support, networking opportunities and other business enhancement tools. Since launching in 2012, iKhokha has become one of the market leaders in the South African SME payments space, and have developed a

How Mid-Market Merchants Can Manage Payment Security as Effectively as Enterprise Retailers – Ecentric

By Wayne Steppe, Enterprise Architect & Bernard van Der Merwe, Information Security Officer at Ecentric Payment Systems While the majority of people may not think twice about how they pay for their goods, ever-evolving retail payments, both in person and virtually, keep many CIOs awake at night worrying about where the next attack will come

Shaping the Future of Banking in Africa With EFT Corporation

Last year, the World Economic Forum called Africa the “world leader” in digital and mobile banking. There’s no doubt that banking in Africa has undergone significant changes in the last few years and that it will continue to change and grow in the coming years. How can business leaders prepare for this? How has the

Banks Must Embrace Next-Generation Solutions to Meet Customers’ Demands for a Data-Driven Journey – BFSI from Infobip

By Dean Baker, Squad Lead, BFSI from Infobip South African banks have weathered rough seas during the past year, with many of their customers coming under severe pressure from a stagnant economy, rising cost of living and high interest rates. Despite these storms, the financial services industry is still delivering good profits and growth, but

Decoding Financial Crime to Address South Africa’s Financial Crime Emergency – RelyComply

South Africa’s financial sector faces an Anti-Money Laundering compliance crisis, with authorities cracking the whip on institutions that fail to meet their obligations to combat financial crime and the country’s continued presence on the Financial Action Task Force (FATF) grey list, adding to the cost of doing business. That’s according to Bradley Elliott, CEO at