Ukheshe Partners with Diamond Trust Bank to Deliver BaaS in East Africa

Banking as a Service (BaaS) and embedded finance enabler Ukheshe has partnered with Diamond Trust Bank (DTB) to provide an innovative BaaS platform in East Africa. BaaS, the provision of banking products and services through third-party distributors, is expected to grow at a compound annual growth rate of a whopping 25% in some markets, and

Network International Delivers Strong H1 2023 Results Across MEA Markets

Network International Holdings Plc has announced its interim financial results for the half year ended 30 June 2023. The company reports good H1 2023 results with total revenue growing 19% in constant currency year-on-year (y.o.y.) demonstrating broad-based growth across all regions and business lines, with the total value of consumer payments processed with merchants across

Airtel Africa and Mastercard Strengthens Partnership with Launch of New Remittance Transfer Service

Airtel Africa and Mastercard announced the launch of a new cross-border remittance service in partnership with Mastercard, which will enable Airtel subscribers across 14 African markets to send and receive money safely and securely, with speed and certainty. This innovative service will be rolled out in a phased approach to provide consumers with a seamless

NCR Achieves 20 Consecutive Years as Self-checkout Global Market Leader

NCR Corporation, a leading enterprise technology provider, has been recognized as the world’s largest self-checkout vendor in Global EPOS and Self-Checkout 2023 from RBR Data Services. NCR has proudly held this dominant position since 2003. According to the report, more than 190,000 self-checkout (SCO) units were delivered to customers globally in 2022, the second-highest year

Banks that Ignore the Human Element of Digital Transformation are Certain to Fail

For hundreds of years banks have put financial excellence at the heart of their operations. But as traditional banks rush to compete with the nimbler fintechs and digital-only challenger banks, too many leaders are neglecting the human element of their digital transformation programmes and the result of this neglect could end up costing them far

How Scan to Pay is Unleashing the Power of QR Code Payments in South Africa

The QR code payment industry has seen a surge in adoption in recent years, with estimates suggesting a global market value of USD$9.98 billion in 2022. QR codes are seeing a marked increase in popularity in South Africa as well, says Pieter Roux, President Payment Strategy at Ukheshe. From the brand evolution of Masterpass to

Mukuru Pioneers Naira Bank Top-Ups to Transform Money Transfers in Nigeria

Mukuru, Africa’s leading next-generation fintech provider, has introduced its pioneering Naira bank top-up feature for customers in Nigeria. With this feature, Mukuru has become the first remittance company in Africa to re-introduce Naira payouts directly into bank accounts in Nigeria. In a move that aims to address real-world customer pain points, Mukuru’s Naira bank top-up

Applications Open for the Visa Africa Fintech Accelerator Program

Startups building in fintech and payment space in Africa are encouraged to apply through the Visa website for a chance to access training, connections, technology, and investment opportunities Visa, the leading global payments technology company is now accepting applications for start-ups to participate in the first cohort of the Visa Africa Fintech Accelerator program. The