Women catching up to men on eWallet usage via FNB App

Women are steadily catching up to men when it comes to cashing in on the convenience of sending and receiving money via eWallet on the FNB App. The latest data revealed by FNB eWallet Solutions shows that in the six months to June 2017 the percentage eWallet sends by male users on the FNB App

Women catching up to men on eWallet usage via FNB App

Women are steadily catching up to men when it comes to cashing in on the convenience of sending and receiving money via eWallet on the FNB App. The latest data revealed by FNB eWallet Solutions shows that in the six months to June 2017 the percentage eWallet sends by male users on the FNB App

Direct Pay Online Group acquires Virtual Card Services (VCS) South Africa

Direct Pay Online Group (DPO) has announced the acquisition of Virtual Card Services (VCS) South Africa. This marks the completion of DPO’s purchase of VCS Group, post the earlier acquisition of VCS Namibia and VCS Botswana. Furthermore this acquisition further bolsters DPO’s leading position in Southern Africa post its previous acquisitions of PayThru and PayGate.

mHITs Australia Launches a New Way to Send Money to Zimbabwe Using Mobile Money

mHITs (pronounced Em-HITS), the leading Australian FinTech mobile remittance pioneer, has announced a new and very affordable way to transfer money from Australia to Zimbabwe using mobile money.  The Australian mHITs Remit mobile remittance service now provides instant, convenient and low cost money transfer from Australia to Zimbabwe with a $5 fee for any transaction amount. “For the

Innervation Acquires Rewards Solution Provider Edenred South Africa

CROSSFIN Technology Holdings announced that it has financed the acquisition of the South African subsidiary of leading global corporate services company Edenred through its portfolio company Innervation. Speaking of the deal, CROSSFIN COO Anton Gaylard says the acquisition creates a compelling value proposition for South African corporates. “According to the latest Deloitte Human Capital Trends,

Visa Emphasises the Importance of Security in New Payment Channels

The world of payments is evolving, and the future of payments security will see a number of developments as more people embrace online and mobile payments. The consumer environment is seeing an exponential growth in the number of connected devices that people are interacting with in their daily lives. This growth is shaping the new

Namibian Banks Embrace Digital Transformation With Veeam

One of the biggest challenges facing financial services organisations that are embarking on digital transformation initiatives, is to integrate data while still ensuring business continuity. For Namibian-based Capricorn Group, Veeam® Software provided the assistance it required for this journey. Working with its partner Complete Enterprise Solutions, Veeam rolled out its availability solutions encompassing backup and

Mastercard Invests In South Africa’s Young Female Entrepreneurs

More than 160 out-of-school, unemployed or self-employed young women between the ages of 18 and 35 have graduated today from the Junior Achievement South Africa (JA South Africa) Youth Enterprise Development Programme 2017. This Mastercard-funded initiative empowers women to pursue entrepreneurial ventures of their own. Over the 20 week programme, the women participated in theoretical

South African Fintech Startup Sets New African Record

An African record has been set for the FICA process which used to take anywhere from two days to two weeks. It is now completed within three minutes thanks to an innovative South African’s fintech startup, ThisIsMe. “ThisIsMe has set a new African record for the compliance process known as Know Your Customer (KYC) and

New Integrated Payment And POS Solution Brings 2-Second Transaction Speed To Retailers

The South African financial technology company that brought card-payment systems to smaller businesses as far back as 2008 has just announced a new integrated payment solution that will benefit franchise store owners, larger independent retailers and franchise owners. Sureswipe is SA’s first independent payment service provider to offer a fully integrated payment solution with acquiring