While people have been paying for goods and services for millennia, the arrival of the internet in the ‘90s became a major turning point for the payments sector. Since then, digital innovation has evolved payments solutions at breakneck speeds. Everything from contactless payments, QR codes and digital wallets, consumers have so many new ways to
There is no doubt that the COVID-19 pandemic has fast-tracked digitalisation over the past 18 months. The development of solutions that enable people to live a more connected existence, far from slowing down, has accelerated beyond our wildest expectations. Despite enormous changes and disruptions to life and work as we know it, the level of
Standard Bank’s Shyft has won the Everest Wealth Best Financial Solution for 2021. This locally designed app simplifies the experience of buying and selling foreign exchange and international shares and allows the sending of money offshore as well as paying for goods and services in foreign currency, while travelling or online. Their win was announced
Incumbent banks are starting to look to “platform banking” to stay relevant and loved by customers. But what is platform banking in the first place? And why is it a good thing for society? Anthony de Gray Birch, co-founder and Chief Operating Officer (COO) of Direct Transact, South Africa’s biggest banking enabler of the past
Nedbank has announced that thy have been recognised as Investment Bank of the Year at Environmental Finance’s IMPACT Awards 2021. The award, which was presented to Nedbank Corporate and Investment Banking (CIB) on 6 September 2021, validates their leadership position as an investment bank with a clear and demonstrable commitment to contributing to the achievement of
Clickatell solves the last mile of digital transformation by embedding payments in the service stream, simplifying digital commerce for consumers Clickatell, a leader in mobile communications and chat commerce, launches Chat 2 Pay. Chat 2 Pay takes Clickatell’s decades of developing chat commerce solutions for global customers and delivers a simple and comprehensive way for
As a sign of pride in our industry and to highlight the positive impact of cash during the pandemic and on everyday life, the ATM Industry Association (ATMIA) has released ‘Cash Stories.’ Cash Stories is a portfolio of photos and stories, submitted by ATM deployers and vendors from around the world, underscoring how cash and
A global digital platform that addresses the unsolved payment needs of communities, through innovation and accessibility. Standard Bank has introduced a digital platform that combines the simplicity of mobile money with the sophistication of a bank account, aiming to connect Africa’s informal market to financial services in an easily accessible manner. Unayo transactions are free
SOL unveils virtual card and new brand as it redefines the customer experience SOLmate, an online payment platform that offers clients a digital wallet facility, has unveiled an exciting new product offering together with an extensive rebrand and renewed corporate vision. Following a name change to SOLmate, the fintech has launched a new, innovative virtual
ASX-listed Zip Co Limited has announced its intention to fully acquire South African buy now pay later (BNPL) fintech Payflex as part of its global expansion plans. With a presence in twelve markets across five continents, Zip plans to grow the South African business and expand into other African markets with sizable underbanked, digitally savvy populations
