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 ability to...
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...
PayGate attains PCI compliance
Payment services provider PayGate has been certified compliant with the security standards of the Global Payment Card Industry (PCI) Security Standards Council, MD Peter Harvey has confirmed. “The PCI certification is a comprehensive best practice standard for...
Managing an electronic payment system
Time and time again, a lack of skilled workers is cited as the major barrier to business growth and future expansion in South Africa. The fourth quarter of 2012 was no different, says Grant Thornton’s International Business Report. According to the report, 47% of...
A new way of managing credit
Issues around the conflict between sales and credit will be a hot topic at the fourth World Credit Congress (WCC) to be held in May – the first time the Congress has ever been on the African continent. Global credit guru Luis Eduardo Perez Mata of Mexico City, Mexico...
ZunguZ social payment power-house for Africa
The combination of ZunguZ, a multi-tier social payment platform, with deep integration into the Facebook and the Social graph, represents an unparalleled offering that can only lead and help develop the mobile payment space – particularly in Africa. ZunguZ has been...
Safaricom uses Gemalto’s backup solution
Gemalto, the world leader in digital security, has announced that Safaricom, a leading mobile operator in Africa, with over 18-million customers, is using its LinqUs Cloud Backup solution to offer mobile subscribers in Kenya a comprehensive backup service for...
Nedbank’s online home loan channel grows
First launched to market in September 2012, Nedbank’s fully automated online home loan channel has enabled more than 3 000 clients to apply for finance for their homes online in a seamless and convenient manner in its first six months. This illustrates Nedbank’s...
Huawei launches BYOD solution for banking
Huawei, a leading global information and communications technology (ICT) solutions provider, has showcased its BYOD solutions to cater for the introduction of omnichannel banking in the African market, at the Future Bank Africa event 2013. Future Bank is part of a...
Thomson Reuters signs deal with the ECB
Thomson Reuters has announced that it has signed a three-year deal with the European Central Bank (ECB) to roll out Thomson Reuters Eikon desktops across the ECB and 18 participating national central banks. It is so far the largest market data purchasing initiative...