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Kenya Built a Currency Control While It May Not Need One
EBC Financial Group notes that Kenya’s new virtual asset regulations created a restriction on local access to foreign dollar-linked stablecoins before the shilling came under pressure, giving the Central Bank of Kenya a way to limit that access if demand…
MoMo Payment Service Bank (PSB) appoints Bode Abifarin CEO
MoMo Payment Service Bank (MoMo PSB), the fintech subsidiary of MTN Nigeria licensed by the Central Bank of Nigeria to provide digital financial services, money transfers and bill payments via mobile devices, is pleased to announce the appointment of Bode…
Syria marks first international card transaction in more than 15 years with Mastercard and QNB Group
Mastercard, QNB Group have processed Syria’s first international card payment in more than 15 years, marking an important milestone in the modernization of Syria’s payments ecosystem. Following the technical reconnection of Syria’s payments ecosystem to Mastercard’s global network, QNB Syria…
Pick n Pay asap! brings social commerce to grocery shopping with new SA-first feature
Pick n Pay asap! is bringing social commerce to grocery shopping in South Africa with the launch of Pick n Pay Inspire, a new shoppable video feed built directly into the Pick n Pay asap! app. A first for a…
Loyalty is ready for a connected upgrade
Think about how many loyalty programmes you use in an ordinary week. You might scan a rewards card when buying groceries or earn benefits when filling up your car. Then you swipe your gym membership for a quick sweat session…
South Africa’s e-commerce boom is hiding a profit crisis
South Africa’s e-commerce sector is booming. The market is on track to surpass R130 billion in turnover this year. Local online sales are growing at roughly 20% and the sector handles over 100 million shipments annually. According to World Wide…
Absa Cuts SME Onboarding to Under 30 Minutes as AI Adoption Accelerates
Absa Group says its technology investments are increasingly translating into measurable customer and business outcomes, with artificial intelligence, automation and digital platforms helping the bank improve service speed, credit access and operational resilience. According to the Group’s H1 2026 technology…
Helix Project Aims to Improve Access to Precision Ovarian Cancer Diagnostics
AstraZeneca has launched the Helix Project in South Africa, an initiative aimed at expanding access to advanced diagnostic testing for eligible ovarian cancer patients and supporting faster, more informed treatment decisions. Ovarian cancer remains one of the most challenging cancers…
Afriex Strengthens Global Payments Infrastructure with Global Innovations Bank Partnership
Afriex (), the cross-border payments infrastructure company processing more than $600 million in annual payment volume, today announced a new sponsor and settlement banking partnership with Global Innovations Bank (GIB). The relationship strengthens the banking infrastructure behind Afriex’s B2B PaymentsAPI,…
100 Standard Bank Branches Now Offer Smart ID Services Nationwide
Standard Bank has expanded its Smart ID service network to 100 branches across South Africa, marking a major milestone in its partnership with the Department of Home Affairs (DHA) and improving access to identity services in rural and underserved communities.…
Why real-time Bank Account Verification is becoming essential for digital onboarding in South Africa
As digital services continue to reshape how consumers open accounts, make payments and access financial products, businesses are under growing pressure to create onboarding experiences that are both secure and seamless. Yet many organisations still rely on manual document uploads,…
5 Practical Habits Before Applying for an Online Loan in South Africa
Applying for an online loan is often a simple process, but good preparation can make the experience even smoother. Many people focus only on completing an application quickly, while forgetting that a few practical habits can save time, reduce unnecessary…
SeerBit Integrates PayPal to Expand Global Payment Options for African Merchants
SeerBit, a leading pan-African payments company, today announced its integration with PayPal, enabling merchants across its supported markets to accept payments directly from PayPal users at checkout. Through this integration, customers shopping on SeerBit-powered platforms can now choose PayPal alongside…
Three-year-old African fintech raises $22M to accelerate continental payments platform
Moment, a pan-African fintech, today announced the close of its $22 million (around R364 million) Series A funding round, led by AlphaCode Venture Partners, with continued investment from General Catalyst, MultiChoice, and fresh investment from Canal+. Since inception, Moment has…
Why great banking apps no longer win customers
For many years, digital banking was defined by one question: does your bank have an app? Today, that question has largely been answered. Every major South African bank offers a capable mobile banking platform, digital payments, self-service functionality and online…
From credit scoring to financial understanding
A South African can earn a regular income, pay rent, support a household, manage money on a smartphone, and repay previous loans, yet still be difficult for a lender to assess. A conventional credit record may capture only part of…
