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Verto, a leading global B2B payments platform, today announced the launch of a new accounts payable solution designed to significantly reduce the time, cost, and complexity of managing international business payments. Integrated into the Verto Accounts product, the feature directly…

KCB Bank has unveiled a refreshed mobile banking app, delivering a faster, more secure, and user-friendly digital experience for its customers. The upgraded platform offers an all-in-one, bespoke digital banking interface with groundbreaking self-onboarding capabilities, enabling customers to register and…

In a bold step toward advancing sustainability in Kenya, Diamond Trust Bank (DTB) has launched a new Solar Finance Product tailored for salaried homeowners in peri-urban Nairobi. This initiative is part of DTB’s ongoing commitment to environmental stewardship through financing…

Paymentology has launched a new mobile-first card management platform, PayoCard, to help digital banks and fintechs in South Africa extend fast, secure, and intuitive card services to their customers. This is the first digital card platform provided by a processor…

South African payments processing platform Ozow announced the official launch of PayShap Request, a brand-new real-time payment feature now available to its extensive network of merchants. This significant milestone not only positions Ozow as taking the lead in enabling PayShap…

Safaricom M-PESA and PayPal have announced a strategic collaboration to enable account linking and seamless fund transfers across their networks. By first linking their PayPal and M-PESA wallets, users can easily transfer funds from their PayPal accounts into their M-PESA…

Binance is bringing crypto payments into the South African mainstream through its secure, borderless payments platform, Binance Pay. The Online Retail in South Africa 2023 report has revealed critical insights into the rapidly evolving digital commerce landscape. Online shopping among…

American Airlines and Mastercard officially announced an extension of their long partnership, reinforcing a shared commitment to delivering more rewarding travel experiences and value through advanced payments technology and services. The agreement secures Mastercard as the exclusive payment network partner…

Sixty-eight percent of South Africans own or have bought Bitcoin—one of the highest adoption rates globally. For merchants, accepting Bitcoin and crypto payments attracts a young, tech-savvy 18-34 year-old demographic, which has growing purchasing power. It also makes it easier…

MTN Mobile Money Zambia, in partnership with leading banking infrastructure provider JUMO, has launched Kwanisa Na MoMo—a new mobile money overdraft credit service designed to offer real-time financial relief to Zambians. Exclusively available to MTN MoMo customers, Kwanisa Na MoMo…

Luno launches international tokenized stocks and ETFs, which will be available for investment in early August 2025. Addressing challenges faced by investors in emerging markets, where multiple layers of fees, significant waiting times, and complex processes often limit traditional investment…

Luno has launched crypto staking in Nigeria, becoming the first operational crypto platform in the country to offer this feature. This landmark move opens up a new frontier in passive income for Nigerian users, who can now earn up to 18%…

Absa and Visa have renewed their strategic partnership to accelerate the development of innovative, inclusive, secure, and digitally enabled financial payment ecosystems across Absa’s Regional Operations (ARO). This agreement was formalized at a signing ceremony in Johannesburg and marks a…

First National Bank (FNB) and Visa are proud to announce their joint sponsorship of the 2026 FIFA World Cup. Kicking off on 11 June 2026 across Canada, Mexico, and the United States, this vibrant partnership showcases a shared dedication by…

The University of Cape Town’s Financial Innovation Hub recently hosted a hackathon in collaboration with the Interledger Foundation, where students developed innovative solutions to real-world payment challenges in South Africa. Hosted at the Hasso Plattner School of Design Thinking Africa…

Flutterwave has secured a Payment Institution (PI) license from the Central Bank of West African States (BCEAO), marking a significant milestone in its mission to build a more connected and inclusive digital economy across the continent. With this new license,…