Mastercard service modernises international payments

Mastercard has introduced Cross-Border Services Express, a new tool that enables financial institutions to set up international payments for their customers, including consumers and small and medium sized enterprises (SMEs), which have a strong need for improved...

Huawei launches Mega ICT infrastructure package

Huawei launched its Mega ICT infrastructure package solution for the African banking market, at Huawei Intelligent Finance Summit for Africa 2023 in Cape Town. The solution aims to ensure that banks and other financial service companies across the continent are...

Growing compliance could take a toll on acquiring margins

Banks hoping to navigate the uncertainties of 2023 will be looking to their modernisation efforts as a way to claw back some value. In its 2023 banking outlook, Deloitte has advised banks to “…reassess traditional product, service, and industry boundaries...

Huawei Cloud introduces smart finance solution

Huawei has launched its Huawei Cloud’s all-scenario smart finance solution to Africa. The solution, announced at the Huawei Intelligent Finance Summit for Africa 2023, will effectively drive the digitisation and leapfrogging development of African’s...

Root and FinChoice partner on personal accident insurance

Insurance platform Root has joined forces with digital financial services provider FinChoice to launch a personal accident plan designed specifically for South Africa’s tech-savvy, urban population. The new product, underwritten by Guardrisk, offers a lump sum...