Nedbank launches MyMoneyMap

Nedbank has announced the planned launch of yet another South African first. MyMoneyMap is an allowance management tool that is secure and easy to use, empowering kids – with their parents’ help – to build financial fitness from an early age. MyMoneyMap is based...

mPOS device a boost for SMEs

Visa’s new mobile point of sale (mPOS) device, which makes it much easier and cheaper for smaller and medium enterprises (SMEs) to accept card payments, will be showcased at the Visa stand at this year’s Tourism Indaba in Durban.  Taking on a...

MoneyGram and Ukash form global alliance

MoneyGram, a leading global money transfer company, and Ukash, a leading UK-based online cash payment provider and winner of the Queen’s Award for Enterprise for the third consecutive year, have signed a global agreement that will give Ukash customers the...

SBV grows network performance

Banks and other financial services and institutions around the world have always been front in line when it comes to adopting cutting edge technologies. This is as a result of their particular operating environments: banks face the same common challenges associated...

Gemalto to build MCX’s mobile wallet

Leading US merchants consortium Merchant Customer Exchange (MCX) has announced the selection of Gemalto, the world leader in digital security, to build its mobile wallet. MCX selected Gemalto for its unmatched expertise in mobile financial services and track record of...

SA’s mobile money industry remains diverse

South Africa remains one of the most diverse regions in Africa for its proliferation of successful mobile money business models being championed by banks, MNOs (mobile network operators), third party providers and retailers.  This is according to Emma Pearce, director...