Jacko Maree was honoured recently, by The Banker magazine, with a lifetime achievement award for his contribution to banking. Jacko’s banking career spans more than 32 years. Of these, Jacko was Chief Executive of Standard Bank Group for 13. The Lifetime Achievement award is not made every year. The award is decided by an editorial committee to
One year ago, in November 2012 iVeri announced the launch of mPress, a comprehensive MPos product for Financial Institutions. When MPress was deployed by a customer in February 2013 it was the first MPos deployement in Africa and one of the first worldwide. The team at iVeri are very proud that one year after the
Just a few days ago we came upon a Karbonn Smart booth at a CABS bank branch in Harare. On enquiring from the agent we learned that the distributor of the Karbonn devices locally, Solid Ground, have partnered CABS to go after the the civil servants market through providing mobile devices on friendly credit terms.
MasterCard has introduced the Priceless Africa campaign to South Africa, bringing the global Priceless Cities programme to Africa for the first time. Dedicated to bringing consumers closer to their passions while celebrating the spirit of Africa, the popular campaign offers a collection of special discounts and rare experiences, curated just for MasterCard cardholders. Travel, attractions,
Econet Wireless announced that subscribers to their Ecocash Save mobile banking service have now reached 900,000. 50,000 more than subscribers to typical brick and mortar banking services in Zimbabwe combined. The announcement was made in the same release announcing that Ecocash Save will start lending cash to subscriber in early 2014. The numbers are no
ACG has inked its second reseller agreement with an African ATM firm. This most recent agreement was made with South Africa’s own TIM Trading. The deal grants TIM Trading with exclusive rights to sell and distribute ACG spare parts in several countries throughout the southern portion of Africa, including: Botswana, Namibia, Madagascar, Mozambique, South Africa,
Following the 10 million South Africa Social Security Agency (SASSA) MasterCard Debit card milestone announcement, an independent consumer survey has attributed this program as being one of the largest contributors to increasing financial inclusion in South Africa. According to FinScope South Africa 2013, South Africa’s banked population has grown 8% since 2012, with 75% (27.4
Infobip, a global leader in cloud-based mobile messaging and payments solutions for enterprises and mobile operators, announced it has built a technical platform for enterprise USSD in the Republic of South Africa. Comprising push USSD as well as mobile initiated options, enterprise USSD allows banks and financial institutions to increase security of internet banking transactions
ZimSelector, the Luke Ngwerume founded online financial services aggregation startup, announced that they have just enabled ZimSwitch Vpayments on the service. With the new internet payments option insurance buyers in Zimbabwe will be able to select and buy insurance on the website using bank cards issued by any of the ZimSwitch shared services enabled banks
The latest statistics released by the Spark Cash Index (SCI), which measures the average value of cash withdrawals across more than 2 200 Spark Automated Teller Machines (ATMs) throughout South Africa, showed a slight increase in ATM withdrawal levels for October 2013 and illustrates that consumers are bracing themselves for the upcoming festive season. The
