SWIFT Community Update – Focus on South Africa: Customer Insights – How will gpi help the market?

Posted on by Staff Writer | 3724 Views | 9 min read

Launched in 2017, SWIFT global payments innovation (gpi) has transformed cross-border payments, providing speed, transparency and traceability across the payment journey. Louise Mostert, Senior Country Manager South Africa at SWIFT sat down with Naa Wilson, Head of Cross Border Payments at Standard Bank – Corporate and Investment Banking division to discuss how SWIFT gpi has

Equity Group Holdings Announces the Creation of a Regional Office for Central and Southern Africa Region

Posted on by Staff Writer | 10621 Views | 11 min read

The Group is appointing former BCDC Managing Director Yves Cuypers, as its first African Regional Director Appointment signals Group’s continuing plans for expansion across Africa Equity Group Holdings has announced the appointment of Mr. Yves Cuypers as the first Equity Group Holdings Plc Regional Director in charge of the Central and Southern Africa Region. Yves

BankservAfrica Appoints Head of Modernisation

Posted on by Staff Writer | 4222 Views | 5 min read

BankservAfrica is pleased to announce the appointment of Bishnen Kumalo as the Executive Head of SA Modernisation. She joins BankservAfrica on 1 March 2021 and will become the latest member of BankservAfrica’s executive team. “We are extremely excited to have Bishnen to lead the delivery of one of BankservAfrica’s strategic programmes, which includes the current Rapid

SA Fintech Mama Money Grows 500% During the Pandemic

Posted on by Staff Writer | 3957 Views | 11 min read

Mama Money, a South African based money transfer company that makes it easier and cheaper to send money to more than 50 countries using just your phone, saw growth of over 500% in volumes during 2020. It now has more than a million users who pay fees as low as 3% for international money transfers.

Standard Bank to Partner with Northern Trust to Offer Transition Management Services Across Southern Africa

Posted on by Staff Writer | 3864 Views | 7 min read

Standard Bank has signed a memorandum of understanding (MoU) with Chicago-headquartered financial services company Northern Trust, to partner on the delivery of transition management services across Southern Africa. Under the partnership, Standard Bank’s clients will gain access to Northern Trust’s full suite of transition management services. Transition Management is a core offering at Northern Trust

BankservAfrica Selects TCS BaNCS™ to Drive South Africa’s Rapid Payments Program

Posted on by Staff Writer | 3799 Views | 12 min read

Tata Consultancy Services (TCS) has been appointed as the technology provider for South Africa’s payments platform build for the Rapid Payments Programme (RPP). By joining forces with TCS, BankservAfrica will evolve payments for the hyperconnected digital economy in South Africa and beyond. “Following our rigorous selection process, TCS emerged as the natural fit, matching our key

New Automated Clearing House goes Live in Zimbabwe

Posted on by Staff Writer | 5324 Views | 6 min read

Finteq Africa is proud to announce the recent go-live of their flagship product, FCH. This is an ISO 20022 EFT Clearing House solution, deployed into the Zimbabwe financial industry through the National Switch, Zimswitch. The Finteq ISO 20022 EFT ACH subscribes to globally accepted and promoted payment processing standards, helping African countries to step boldly

Mastercard and MTN Empower Millions of Consumers in Africa to Make Payments on Global Platforms, Advancing Digital Financial Inclusion

Posted on by Staff Writer | 3930 Views | 16 min read

Partnership will enable millions of MTN customers to pay on global online platforms with a Mastercard virtual payment solution linked to MTN MoMo wallet Mastercard’s technology will enable new digital commerce opportunities for consumers and merchants with or without a bank account, through a simple and secure payment experience Collaboration underpins a new wave of

Zapper | High-value Vs Low-value Payments – Making Checkouts Count

Posted on by Staff Writer | 4418 Views | 17 min read

Getting customer insight and loyalty from each and every transaction The pandemic has shocked local businesses into action when it comes to transitioning from offline to online. While many have managed to digitise aspects of their business, brick-and-mortar companies are yet to fully realise the customer insight and retention benefits of ecommerce transactions. “So many

Net1 Appoints Lincoln Mali as Southern African CEO

Posted on by Staff Writer | 4044 Views | 7 min read

Net 1 UEPS Technologies, Inc. has announced that it has appointed Lincoln Mali as Chief Executive Officer of Net1 Southern Africa, a new position for the company. A highly accomplished financial services executive with over 25 years in the industry, Mali makes the move to Net1 from his role as Head of Group Card and