Invest Africa and Standard Chartered Private Bank Announce Strategic Partnership

Posted on by Staff Writer | 4051 Views | 6 min read

The new one-year partnership provides further opportunity for the bank to demonstrate its commitment to private clients in Africa Invest Africa (www.InvestAfrica.com), the leading business and investment platform for African markets, and Standard Chartered Private Bank, a leading international private bank for emerging market clients, are pleased to announce a strategic partnership, focused on driving

Transforming B2B Payments Could Help Africa’s Local Businesses Grow

Posted on by Staff Writer | 12330 Views | 18 min read

By Clara Wanjiku Odero The World Bank estimates remittances to the Middle East and North Africa region rose by 2.3 percent to about $56 billion in 2020. However, global businesses that want to pay their Africa-based vendors and patterns are often frustrated by their experience with B2B payments. Typically, international businesses must route funds through

SITEisfaction 2021 – Capitec Wins Best Digital Bank

Posted on by Staff Writer | 4111 Views | 10 min read

Launched in 2012, the SITEisfaction® report is our annual measure of customer satisfaction with digital banking services in South Africa. It rates each banking institution with a score from -100 (worst possible experience) to +100 (best possible experience), combining two scores from internet (via computer web browser) and mobile banking (via mobile apps). Customer data from this

New Payments System Set to Shake Up SA’s Banking Industry

Posted on by Staff Writer | 4783 Views | 31 min read

A major change is coming to South Africa’s banking and payments sector. Known as the Rapid Payment Programme (RPP), this evolutionary banking concept aims to create a simpler, safer instant payment ecosystem that would give people the ability to make real-time payments using simple identifiers, such as mobile numbers or email addresses. Led by BankServAfrica

Standard Bank Streamlines Compliance Reporting

Posted on by Staff Writer | 4090 Views | 9 min read

Synthesis combines RegTech experience and AWS to deliver Compliance Solutions to Standard Bank. Good Governance means adhering to all applicable laws, regulations, policies and procedures. In practice, these processes are often complex and time consuming for employees. Standard Bank’s Compliance division recognised the need to re-engineer its approach to managing employee outside interests, gifts and

Cellulant Introduces Tingg, a Digital Payments Platform for the Retail Sector in Zambia

Posted on by Staff Writer | 6685 Views | 12 min read

In an effort to foster growth for both the formal and informal sector in Zambia, Pan-African Payments business Cellulant rolls out Tingg, a digital payments platform enabling businesses and their consumers to accept and make payments seamlessly Payment technology over the years has completely transformed how retailers operate. Thirty years ago, most retailers across Africa

Tap or Scan to Pay with Mastercard and Help the Gift of the Givers Foundation

Posted on by Staff Writer | 4886 Views | 12 min read

Consumers will support humanitarian relief efforts when they “Tap to Pay” with their Mastercard contactless card or “Scan to Pay” with their Masterpass app or any Masterpass-enabled Scan to Pay banking app at Shoprite, Checkers and Usave till points The Priceless Cause will see Mastercard donate R1million towards supporting communities in need of assistance With

Netcash and Solumed Integration Eases Payment Pain for Medical Practices

Posted on by Staff Writer | 3850 Views | 7 min read

Leading payment solutions provider, Netcash, and Avantedge Group member, Solumed, have announced the integration of the Netcash payments solution with Solumed’s medical practice management software. The functionality simplifies the collection and processing of payments for users of the Solumed software, which include more than 1,000 medical, dental, radiology and allied healthcare practices around South Africa.

NFC Versus QR Code Payments – There’s Room for Both

Posted on by Staff Writer | 5013 Views | 18 min read

The last year-and-a-half has seen a rapid rise in all forms of contactless payments. For merchants across the globe, enabling these payments as a means to reduce surface contact has been a pandemic trading necessity. However, as time moves on, choosing which payment options you offer should not be solely based on hygiene, but rather

Ukheshe Takes Another Step Closer to Unicorn Status as it Comes Second in Prestigious KPMG Global Tech Innovator Launch

Posted on by Staff Writer | 25813 Views | 10 min read

The KPMG Private Enterprise Global Tech Innovator Africa competition came to an exciting close this week and saw Africa’s future unicorn, Ukheshe, take second place among 75 other worthy entrants across Africa. The maiden KPMG Global Tech Innovator launch showcased Africa’s place as the next global the next growth and investment frontier. Aimed at recognising