Recognising the key role that digitisation is playing in the financial lives of more and more of its customers, South Africa’s leading fuel and convenience retailer Engen is prioritising electronic payment solutions at the core of its customer offering. With over 3.4 billion litres of fuel pumped from Engen forecourts in 2020, or approximately 25%
The fintech partners with Pargo for Mukuru Card collection and extends remittance reach to include all Shoprite, Checkers and Usave stores African fintech Mukuru, leader in remittances and a host of other financial services including the Mukuru Card, funeral cover, staff payments and products to send groceries and distribute aid, has extended its partnership with
FNB has been announced as the Best SME Bank in South Africa and Africa at Global Finance’s inaugural SME Bank Awards. The criteria for Best SME Bank is based on knowledge of SME markets and needs, breadth of products and services, market standing, and innovation. FNB was recognised as the bank that best meets the
Cassava Smartech and Comviva won the silver for the Green financial inclusion initiative by mobile money platform EcoCash Cassava Smartech Zimbabwe, trading as EcoCash Holdings Zimbabwe Limited, together with its long-term technology partner Comviva, has won two silver awards at this year’s Emerging Payments Awards. Cassava Smartech and Comviva won the silver for the Green
BankservAfrica went live with an Application Programming Interface (API) for its Real-Time Clearing (RTC) payments solution. The first financial transactions on RTC were processed on 20 October 2021, after the API development was completed successfully by BankservAfrica and TymeBank. TymeBank is the first South African bank to leverage this modern and agile connectivity to BankservAfrica’s
SOLMate has announced the launch of its newly branded SOLMate prepaid debit cards. In its ongoing effort to offer clients a fully-fledged financial ecosystem in their pockets, SOLMate has further enhanced its solutions with the launch of this new generation debit card. In addition to the host of payment services housed in the SOLMate app,
FNB has been recognised by the Global SME Finance Awards 2021 in the Best Bank for Women Entrepreneurs category with an Honourable Mention for its Women in Business portfolio. Launched in 2018 and now in its fourth year, the Global SME Finance Awards were set up to recognise the commitments and distinguished achievements of financial institutions and
The Absa Group Limited Board has announced the appointment of Sello Moloko as independent non-executive director and Chairman-designate with effect from 1 December 2021. Sello Moloko is to commence the role as Absa Group Chairman on 1 April 2022. Sello will take over from Wendy Lucas-Bull who will step down on 31 March 2022, which
Absa Group has announced the appointment of Saviour Chibiya as Group Executive: Absa Regional Operations (ARO). Saviour will be responsible, together with RBB and CIB for the Group’s ARO businesses and for the Group’s strategy, collaboration and relationships with its key stakeholders across those businesses. Saviour will be a member of the Group Executive Committee
The company’s new Country Manager brings more than 20 years of professional and leadership experience across the payments industry Mastercard has appointed Gabriel Swanepoel as the new Country Manager for Mastercard in South Africa. This serves as a promotion from his current role as the Vice President of Business Integration for Mastercard, Southern Africa. As
