Stanchion partners with Entersekt on payment integration
Stanchion has announced a strategic partnership with Entersekt to enhance payment integration capabilities and deliver solutions to financial institutions worldwide. Founded in South Africa in 2001 and now represented across five regions, Stanchion is a PayTech...
Banks make progress toward the ultimate phishing solution
The rise in e-commerce, online banking, and digital payments has increased the number of online transactions, creating more opportunities for fraud. Each transaction involves account data, such as login credentials, account numbers, and transaction details that can be...
Mastercard expands Circle partnership for stablecoin settlement
As stablecoins continue to solve real-world challenges and improve efficiencies across a range of use-cases, Mastercard and Circle are deepening their longstanding partnership to enable USDC and EURC settlement for acquirers in the Eastern Europe, Middle East, and...
The rise of the tech-savvy finance executive
Finance teams in South Africa’s large and growing businesses are juggling more moving parts than ever. From managing results across multiple entities to keeping track of currency shifts and different reporting rules, they are certainly feeling the pressure to deliver...
Building future-ready central banks with responsible AI
The pace of change in today’s digital world has placed immense pressure on institutions to modernise, and central banks are no exception. By Ntsako Baloyi, data and AI lead for Accenture, Africa As the custodians of financial stability, these institutions are facing...
Outdated payment systems hobble supply chains
Same-day deliveries and real-time tracking have transformed consumer expectations across the globe. But the real bottleneck in supply chains, particularly in Africa and other emerging markets, isn’t just about logistics; it’s the payment systems underpinning them. By...
BFSI industries seize the GenAI opportunity for greater inclusion
South Africa's Banking, Financial Services, and Insurance (BFSI) sectors are on the cusp of a transformation, fueled by the nation’s ambitious digital agenda and the burgeoning potential of artificial intelligence (AI). By Langa Dube, country head and executive...
Agentic AI the next wave of transformative banking
For decades, banks have relied on rule-based automation and conventional AI to streamline processes and reduce costs. These systems, while effective for repetitive tasks, are limited by their rigidity. Agentic AI promises a future of truly intelligent, adaptive, and...
Digital wallets open the doors to a whole new paradigm
Describing the payments environment as “dynamic and fast-moving” would border on cliche and be an understatement. By Paul Wenborn, business development manager at Ecentric Sweeping comments such as these must come from a place of deep market knowledge and confidence....
Absa’s digital transformation journey with SAP
When financial services group Absa began its ERP transformation journey more than a decade ago, the goal was ambitious: build a unified digital platform that could support operations across multiple African markets, streamline finance and procurement processes, and...
Cybersecurity is key to underpinning Africa’s open banking dream
Africa’s financial sector is evolving fast. Open banking – the model where banks share customer data securely with third parties via APIs – is starting to take root across the continent. In markets like Nigeria, Kenya and South Africa, fintech innovation is driving...
Counting down to the death of the magstripe
With just nine months to go until the March 2026 deadline set by the Payments Association of South Africa (PASA) for the industry-wide replacement of magstripe fleet cards, Payment24 in close partnership with its partners, is already prepared. With traditional...