Mukuru and Jumo partner on AI powered credit solution

Mukuru has partnered with AI-powered banking technology provider Jumo to launch ‘Fast Loan’, a scalable, mobile-first credit solution designed to address a critical gap in South Africa’s financial ecosystem. According to TransUnion, 16,8-million people in South Africa...

Absa partners with Ripple to expand digital asset custody

Absa Bank has announced a strategic partnership with Ripple to provide digital asset custody to its customers in South Africa. Through the partnership, Absa will leverage Ripple’s institutional-grade digital asset custody technology to deliver scalable and secure...

Stanchion partners with Entersekt on payment integration

Stanchion has announced a strategic partnership with Entersekt to enhance payment integration capabilities and deliver solutions to financial institutions worldwide. Founded in South Africa in 2001 and now represented across five regions, Stanchion is a PayTech...

Mastercard expands Circle partnership for stablecoin settlement

As stablecoins continue to solve real-world challenges and improve efficiencies across a range of use-cases, Mastercard and Circle are deepening their longstanding partnership to enable USDC and EURC settlement for acquirers in the Eastern Europe, Middle East, and...

Counting down to the death of the magstripe

With just nine months to go until the March 2026 deadline set by the Payments Association of South Africa (PASA) for the industry-wide replacement of magstripe fleet cards, Payment24 in close partnership with its partners, is already prepared. With traditional...

Cybersecurity, cyber resilience requirements come into force soon

Financial institutions have until 1 June 2025 to comply with South Africa’s Joint Standard 2 of 2024: Cybersecurity and Cyber Resilience, published by the Financial Sector Conduct Authority (FSCA) and the Prudential Authority (Authorities) in May 2024....