Fulcrum to upgrade broker system

Local specialists in bespoke lending, investment and management services for the insurance industry, the Fulcrum Group, have partnered with international digital technology house Markit Systems, for strategic upgrades and enhancements to the Fulcrum Flexi...

Payments industry launches new type of debit order

Over the last few years there has been a significant increase in debit orders processed to bank accounts without permission (a mandate) from consumers. On the other hand, irresponsible consumer behavior – where bank customers are disputing debit orders that do...

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...