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Kenya: Visa, JamboPay ink partnership to expand mVisa
Visa has announced a strategic partnership with JamboPay that will enable 3,000 more merchants to accept mVisa payments, further enhancing mobile commerce in Kenya. Consumers will be able to use Visa’s mobile payment solution at restaurants and supermarkets and to…
What the future of digital holds for retail banking
Related imageBanks are finding it increasingly difficult to reach and ensure value to their customers in light of the challenge by existing and new fintech competitors who are muscling in on the ‘offer’ – the point at which a customer’s…
Mobile money solutions changing the lives of migrant farm workers
Sending money from Bloemfontein to Harare takes 22 hours on a bus trip or ten seconds using a mobile money solution. Low-cost mobile money solutions offer a way to transfer money and is changing the lives of agricultural migrant workers.…
Free domestic mobile money transfer now available in Kenya
Visa announced today that consumers of a Visa-led bank partnership in Kenya will be able to send money to each other domestically without paying transaction fees using mVisa. The partnership offering free person-to-person (P2P) transactions currently includes nine Kenyan banks…
SA fintech company empowers SME growth
South African payments company Yoco now has over 10 000 SMEs in South Africa using its point-of-sale payments platform to accept card payments. The company is adding over 1 000 new SMEs to its base every month, making it the…
Startupbootcamp invites fintech startups for 2017 FastTrack tour
Europe’s accelerator programme, Startupbootcamp will be hosting a FastTrack tour, calling on South African start-ups in the insurance and Fintech space to showcase their entrepreneurial talent. The 2017 FastTrack tour will be coming to Johannesburg on 14 August and Cape…
Huawei to offer WorldRemit’s international money transfer service
Huawei, an ICT solutions provider, and WorldRemit, a digital money transfer service, announced at the GSMA’s Mobile 360 conference in Dar es Salaam that the two companies will be entering into a partnership which will make WorldRemit’s international money transfer…
Xpress Money, Terrapay ink mobile money partenrship
Xpress Money has partnered with TerraPay to enable international money transfers to mobile wallets in Africa. Powered by TerraPay’s global clearing and settlement service for mobile wallets, the partnership will enable Xpress Money consumers to send money to mobile accounts, in real…
Fintech deal to help local businesses in SA
Customer insights and digital marketing platform, Zapper has partnered with Alipay, a mobile and online payments platform to give active Alipay users from around the world who visit South Africa the opportunity to pay at more Zapper-affiliated merchants with Alipay. To…
Standard Bank Announces Data Free Mobile Banking
Standard Bank, announced today that they have dropped their data charges on their mobile banking app. This means that Standard Bank customers will no longer be charged for data, no matter what network they are on, when using the Standard…
Samsung Posts Record Quarterly Profit
According to reports by the BBC, Samsung Electronics today reported record quarterly profits of 14 trillion WON ($12bn; £9.3bn) in the three months to June, which is up 72% on a year earlier. The record has been attributed to the surge in…
New Mobile payment app to enhance digital payments in Kenya
Diamond Trust Bank Kenya (DTB) and Mastercard have announced their partnership to launch a mobile payment solution that aims to enable businesses accept secure digital payments from customers. The DTB Masterpass QR app will allow customers to pay for in-store…
More global banks leverage blockchain
SWIFT has announced today that 22 additional global banks have joined its blockchain proof of concept (PoC), designed to validate whether the technology can help banks reconcile their international nostro accounts in real time. The PoC is part of the…
Kenya’s digital payments footprint to expand
 Visa and Direct Pay Online Group (DPO), African online payment provider, has announced a partnership that will facilitate mobile commerce in Kenya and connect more people and businesses to the global economy. The companies will enable 20,000 more merchants to…
10 ways to save on dreaded banking charges
When it’s crunch time and you need to make every cent count the last thing you can afford is those unneccessary bank charges. If it seems as though you can’t quite put your finger on why your bank charges are…
The Battle of Fintech vs Cybercrime
Bitcoin is now worth more than gold, and internet banking and mobile money usage globally has rocketed by 34% in the past six years. One thing has outpaced this growth, however: the rate of online fraud. “Cyber fraud is growing…
