southern africa

FNB | Bank on SA’s Most Valuable Brand in ‘21

Despite increased economic uncertainty, FNB, the most valuable brand in SA, is increasing its focus on building even more trust and further...

South African dust storm

14 January, 2016 in the Free State of South Africa. Via Karen Oosthuizen

FNB | Global Recognition for SA’s Best Business Bank

Bank on the Global SME bank of the year! FNB’s market-leading approach to...

SWIFT Community Update – Focus on South Africa: The Future of Payments in an Evolving Digital Landscape

The global payments industry is undergoing major change and transformation....

CR2’s Remote Deployment of Critical Banking Software Keeps Digital Transformation on Track During COVID-19

COVID-19 has accelerated digital banking with a significant move by customers...

Standard Bank Goes Live on Traydstream Platform

Standard Bank South Africa has become the first bank in the country to go live on the Traydstream platform. The move to Traydstream, which...

Crossfin-led Deal sees Adumo Conclude Agreement to Acquire Wirecard SA

African fintech holding company Crossfin Technology Holdings (Pty) Ltd (Crossfin) has announced the conclusion of an agreement in terms of which company Adumo (RF) (Pty) Ltd (Adumo) will acquire Wirecard Solutions South...

South African hailstones

South Africa can have some epic hail storms. In the little town I come from, hailstones the size of golf balls were quite common. You could usually tell it was coming, because the stones started out quite small. People...

PayCentral and Mastercard Enable Small Businesses to Go Digital and Pay Employees with Virtual Cards, Tapping into the Booming Digital Economy

PayCentral, a digital payment fintech, has partnered with Mastercard to launch DigiCentral, a secure online platform that provides small business owners with a simple, quick and cost-effective way of paying out...

Absa Collaborates with Epic ERP and AJS to Offer Digital Solutions

Absa collaborates with Epic ERP and AJS to offer digital solutions that help clients run a secure and efficient business. Absa Corporate and Investment Banking (CIB) has collaborated with two major Enterprise Resource...

TymeBank and IDEMIA Collaborate Towards Increased Security and Convenience in Customer Card Issuance

TymeBank, South Africa’s first truly digital bank, teams up with IDEMIA, the global leader in Augmented Identity, to deliver a secure, convenient and frictionless way for customers to acquire bank cards Committed to...

Year in Review: Bill Payments in 2020

With leading bill payment aggregator Pay@ Services offering a broad spectrum of retailer, banking, and mobile-based bill payment services to bill issuers across most industry sectors, CEO Andrew Hardie believes that the...

Emily Hobhouse

Written by an Afrikaans South African… This woman was our enemy. The British Empire was at war with the Transvaal and the Free State, and it was slowly winning. Most women across the empire believed the war was just...

Cheques will No Longer be Used in the National Payment System

The South African Reserve Bank (SARB), Financial Sector Conduct Authority (FSCA), Payments Association of South Africa (PASA) and the Banking Association South Africa (BASA) are jointly communicating to the public that...

A warthog walks into a bar…

I thought I had written about him before, but I couldn’t find the post. This is Spike, a warthog from Pamuzinda Safari Lodge near Harare, Zimbabwe. When the nights are cold he comes inside and walks up to the bar,...

New MTN-Ozow Partnership Makes Mobile Money Easier for South Africans

Digital payments company Ozow has announced a partnership with MTN Mobile Money (MoMo), which will make it easier for consumers to load funds onto their mobile wallet without the need for a credit card. Thomas Pays, CEO...

Hello Paisa Empowers Financial Inclusion Through Reduced Remittance Rates and Free Banking Solution

According to the World Bank, international remittances have declined by an estimated 20% worldwide. Compounded by job losses across sectors, reduced salaries and dwindling access to cash, South African residents have...

Stripe will Acquire Paystack to Accelerate Online Commerce Across Africa

Making online and offline payments easier for African businesses and enabling more global companies to enter the fast-growing region The African internet economy is expanding quickly, with online commerce in the region growing 21% year-over-year, 75% faster than the global average. In order to help increase Africa’s online GDP, Stripe has entered into an agreement to acquire Paystack, a technology company based in Lagos that makes it...

TymeBank, a Leading Digital Bank in South Africa Signs with Network International to Empower SME Businesses to Accept Electronic Payments

TymeBank offers a modern alternative to traditional banking brands and aims to make banking more accessible and affordable to all South Africans TymeBank (www.TymeBank.co.za), a leading digital bank in South Africa,...

phos and Stanchion Collaborate to Connect Merchants in Africa to the Contactless Digital Payment Ecosystem via their Existing Android Mobile Devices

Partnership is a game-changer in enabling contactless acceptance for smaller merchants across the continent phos, the fintech behind the first-ever software-only Point of Sale (SoftPOS), and Stanchion Payment Solutions, a global specialist in payments systems and integration, today announced that they have partnered to help payments processing companies and banks to accelerate time to market with innovative contactless payments...

OMFIF Absa Index Shows Improved Resilience in African Financial Markets

Newly released data out of the 2020 edition of the Absa Africa Financial Markets Index shows that despite disruption from the COVID-19 pandemic, financial markets in Africa are proving robust with innovators such as...

Zapper: Driving Innovation in Parking Payments

Zapper has completed its integration with three of the largest parking management systems. The move allows users to quickly scan and pay for their parking at a growing network of venues; reducing queues and possible contamination at payment stations. The Zapper solution also enables businesses to gain valuable customer insights so as to help them attract and retain customers – an invaluable offering as malls and other venues struggle...