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How Technology Is Revolutionising Payment Reconciliation for Retailers – Ecentric

By Graham Bradford, Senior Product Manager at Ecentric As retailers grow into mid-market size and beyond, the complexity and cost of manually reconciling payments increases almost exponentially because there are

National Bank of Ethiopia Consults on National QR Code Standardisation

The National Bank of Ethiopia today hosted a meeting to review and consult on the standardization document for national digital payment QR codes. Organized in partnership with Ethswitch, the event

Ikhokha Surpasses R2bn in Working Capital Disbursements to South African SMEs

iKhokha, the KZN based fintech who recently picked up the MTN Financial App of the Year Award, has announced that they have surpassed the impressive milestone of disbursing more than

Finverity Announces Strategic Executive Appointments to Drive Next Phase of Growth

Finverity, the trade and supply chain finance digital ecosystem, today announced significant changes to its executive team, providing the company with operational excellence as it prepares for its next growth

Mastercard Appoints Folasade Femi-Lawal as the New Country Manager for West Africa

Mastercard, a leading company in digital payments and technology, is pleased to announce the appointment of Folasade Femi-Lawal as the new Country Manager and Area Business Head for West Africa.

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Standard & Poor’s Reaffirms the “Investment Grade” Status of Mauritius and Moody’s Upgrades the Sovereign Scorecard-Indicated Outcome to Baa1-Baa3

The Bank of Mauritius (Bank) welcomes the decision taken by Standard & Poor’s on the 21st of July 2023 to confirm the “Investment grade” status of Mauritius and the release

Swift Finds Security and Transparency Matter Most for Low-Value Cross-Border Payments

Swift has published the results of a global survey of 7,000 consumers and small businesses on attitudes to low-value cross-border payments, finding that security and transparency are the most important

Infor Partners with People365 to Offer Expanded Payroll Solution Tailored for Customers in the Middle East & Africa

Infor offers People365 Payroll and Time Management solutions to customers along with Infor ERP and Human Capital Management solutions to enable automated and streamlined payroll functions while ensuring compliance with

Central Banks Stay the Course as Inflation Fight Gets Tougher, BIS Says in Annual Economic Report

Central banks are determined to conquer inflation, even if the last mile to price stability may be the most challenging. There is a material risk of further financial stress as

Unlocking Africa’s E-Commerce Potential With Alternative Payment Methods – Ecentric Payment Systems

By Quintin van der Linde, Senior New Business Developer at Ecentric Payment Systems Africa is projected to have more than half a billion e-commerce users by 2025. In part, this

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SA stands to win big from open banking – with the right attitude – Network International

The benefits of open banking have been spoken about within the global banking sector for some years now. While some local banks have already made concerted efforts to embrace the
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European Investment Bank Partners With Central Bank of Kenya to Unlock Climate Finance

The European Investment Bank and the Central Bank of Kenya today launched a new climate finance best practice initiative to strengthen engagement by Kenyan financial institutions to finance climate-related investment,
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Mastercard and hatua.net Join Forces to Equip Kenya’s Disadvantaged Youth With Essential Professional Skills

Mastercard and Hatua.net – an independent UK and US registered charity working to promote education and employment among youth in Kenya and Uganda – have joined hands to empower young
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KCB & Mastercard Unveil World Elite Credit Cards

KCB Bank Kenya has partnered with global payments technology company, Mastercard, to roll out the World Elite Exclusive Credit Card that will offer premium and private banking customers a range
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Mastercard SME Confidence Index: Sharp Increase In Optimism Among SMEs In Kenya Compared to Previous Year

From surviving to thriving in the post-COVID world, small and medium enterprises (SMEs) in Kenya have demonstrated optimism and confidence about the next 12 months. These are the findings of
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Ikhokha Surpasses R2bn in Working Capital Disbursements to South African SMEs

iKhokha, the KZN based fintech who recently picked up the MTN Financial App of the Year Award, has announced that they have surpassed the impressive milestone of disbursing more than
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The Digital Payments Revolution: Participate Without Fear – Halo Dot

By Dalene Deale, Growth Consultant at Halo Dot Digital technology is reshaping our lives—especially the ways we handle financial transactions. Both consumers and merchants have options, and should exercise them,
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Mastercard’s Community Pass Customer Summit Paves the Way for Mastercard’s Digital and Financial Inclusion

Mastercard’s second annual Community Pass Customer Summit in Kampala, Uganda gathered more than 90 public and private sector partners, featured 20+ thought leaders dedicated to crafting sustainable solutions for digital
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BIS Makes Changes to Its Executive Leadership Team

Luis Bengoechea appointed as Head of the Banking Department, effective June 2024. Hyun Song Shin to assume role of Head of the Monetary and Economic Department, effective January 2025, upon
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BNPL, Cards and Wallets: The Technology that Connects the Dots – OpenWay

Download the report here. BNPL (Buy Now, Pay Later) wallets are no longer positioned as an invincible challenge to international card schemes. Even the most successful BNPL app providers have
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