SA’s Peach Payments partners with ACI on Alipay

ACI Worldwide, a global provider of real-time electronic payment and banking solutions, and Alipay have announced that they are launching Alipay in South Africa, via regional payment service provider (PSP) Peach Payments. This builds upon ACI’s long-standing...

200 000 Euro up for grabs by fintechs

SWIFT invites fintech companies from around the world to develop new overlay services that leverage its SWIFT global payments innovation (gpi) platform – and to win funding of up to 200 000 Euro for the two winning fintech finalists of an Industry Challenge. The...

SA fintech enables instant online debits

Fintech startup DirectDebit has launched E-Mandate, a valid electronic agreement that allows customers to sign and authorise debit orders and recurring payment transactions online from any web-enabled device. Jaco van Wyk, co-founder of Direct Debit, says:...

YouTap, MatchMove partner on wallets

Youtap, a global provider of contactless mobile money payments and financial services software, has announced a partnership with MatchMove that will provide Youtap’s customers in Africa and Asia with an off-the-shelf open-loop payment acceptance solution for...

New insurance accounting standard adds comparability

The new insurance contracts accounting standard recently published by the International Accounting Standards Board (IASB) brings greater comparability for investors and analysts, according to KPMG International. The organisation welcomes the publication of the new,...

FNB promotes access to banking in rural SA

FNB has introduced a non-cash dispensing ATM with deposit capability. These ATMs are a smaller version of the standard ATM which FNB introduced in 2013 as a way of bringing banking services directly into communities. The roll-out out of the new generation of ATMs...