Lake Harvest Zambia Joins the Tingg Digital Payment Ecosystem

This partnership will place Cellulant’s payment platform, Tingg, in all of the 13 Lake Harvest outlets across Zambia and ensure they are able to accept all forms of mobile money Cellulant  (www.Cellulant.io), a leading Pan-African payments company, has partnered with one of Zambia’s leading fish distributors, Lake Harvest to enable mobile payments in all their

Synthesis | Blockchain and The Future of Remittances

By Ramtin Mesgari, Synthesis Software Engineer Every year, hundreds of billions of dollars are sent across borders by emigrant workers who have moved away from their home countries. Global remittances in 2018 alone totalled over $600 billion and the number of migrant workers continues to increase every year. And yet, migrant workers who leave their

PayFast Launches Second Ecommerce Performance Index

South Africa’s retail sector has entered the age of ecommerce, with total online retail sales expected to reach R42-billion by the end of 2021. From the rise of contactless payments to the boom in social commerce, the pandemic has significantly altered consumer expectations when it comes to making purchases online. To unpack the major trends

Absa | Shifts in Transactional and Payment Behaviour Set to Intensify this Black Friday Season

With the easing of lockdown restrictions, Absa has witnessed a 231% increase in contactless card volumes (tap to pay) across debit and credit cards this year. With Black Friday once again falling over the pandemic period, consumer and retailer behaviour has been significantly altered, signaling a shift in how people transact as one of South Africa’s

Standard Bank Expects Bigger Black Friday this Year as Retailers offer Sales Ahead of Time

This year’s Black Friday event, which has emerged to become a major highlight on the South African calendar, is expected to bring in higher sales volumes than last year as many retailers that were hard hit by decreased consumer spend in 2020 have started offering their specials ahead of schedule, giving consumers more time to

Standard Chartered Appoints Bongiwe Gangeni to Lead Consumer, Private and Business Banking for Africa, Middle East, Europe Region

Bongiwe will be based in Dubai when she joins the Bank in March 2022 Standard Chartered (www.SC.com) has appointed Bongiwe Gangeni as Head, Consumer, Private & Business Banking (CPBB), Africa & Middle East, and Europe (AME/E), subject to regulatory approval. Bongiwe will be based in Dubai when she joins the Bank in March 2022. Bongiwe

MoData Partners with DataVisor to Deliver Real-time AI-powered Fraud Detection

MoData, leading specialists in providing digital solutions for financial services, has partnered with technology pioneers DataVisor to deliver a comprehensive suite of AI-powered fraud management solutions to its customers across Africa. This new partnership will give MoData clients access to DataVisor’s comprehensive fraud and risk management platform, which enhances and accelerates fraud detection, keeping companies

Dubai First Partners with Mastercard to Launch the First Personalized Mobile Banking Experience in MEA

Mastercard’s experiential customer engagement platform is introduced for the first time in the region with Dubai First The unique program draws from Mastercard’s contextual marketing global capability, adding a gamification component where Dubai First customers can set cashback savings goals towards a future purchase and monitor progress The solution delivers personalized recommendations and allows customers

RBR | Customer Convenience and Personalisation Drive Bank Branch Transformation

Banks worldwide embrace new technologies and branch strategies in response to changing customer behaviour and expectations The demand for self-service continues to rise RBR’s report Branch Transformation 2021 reveals key trends in customer behaviour which help to shape and drive branch transformation initiatives around the world. One notable trend is the ongoing shift away from

Adumo Partners with TymeBank to Enable MoreTyme at SMEs Across South Africa

Fintech and payments provider Adumo has partnered with TymeBank to extend the newly-launched MoreTyme payment offering to small and medium enterprises in South Africa. MoreTyme is a buy-now-pay-later (BNPL) payment service that offers consumers a three-instalment, interest-free payment option at the point of sale. Paul Kent, CEO at Adumo, says South African businesses and consumers