IFC, Mastercard grow partnership

IFC, a member of the World Bank Group, and MasterCard have signed an agreement to establish a risk-sharing facility, which is expected to provide millions of people in emerging markets access to electronic payments, a crucial next step in their ongoing collaboration...

FNB’s money transfer volumes to Zim double

FNB’s Money Transfer service to Zimbabwe is rapidly expanding with a 102% year-on-year increase in cross-border sends in the last financial year. With the expansion of its service to a wider network of OK stores in Zimbabwe, FNB expects to see further increases in...

FNB expands cardless features

FNB has announced that the cardless cash withdrawal feature is available on the latest version of the FNB Banking App. The feature allows customers to withdraw money at an ATM without using their bank cards. This launch to the 1,2-million active devices that currently...

PayGate offers easy online billing

PayBill, the enhanced electronic invoicing solution from PayGate, allows even the smallest of companies to take payments online — without needing e-commerce capability on their Web sites. “Every small business owner knows that getting paid promptly is the key to...

EBank leverages TruTeq solutions

TruTeq Wireless has recently won a contract with EBank, the first branchless bank in Namibia, to develop the EBank USSD menu. EBank’s customers use this mobile phone based menu to access their bank accounts by dialling *140*140#.  The project was delivered using...

Quality data key to decreasing fraud

Businesses and consumers alike typically consider insurance to be a grudge purchase – something they need to have, but which does not add value, says Ian Logan, senior director: Insurance and Partners at TransUnion. Although it is essential in protecting them from a...