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Mastercard Move and the BCP Group Join Forces to Enhance Cross-Border Payments
In collaboration with Mastercard, the BCP Group will leverage Mastercard Move’s money movement capabilities to enhance cross-border payments for their corporate and individual clients. The collaboration aims to enable near instant, traceable, secure and cost-effective cross-border payments to and from…
Harnessing AI to combat financial crimes
Thanks to the availability of advanced technology, financial crimes are becoming more sophisticated and complex. From trade-based money laundering and human trafficking to GenAI-enhanced scams, the scale of financial crime today is unprecedented. Fortunately, artificial intelligence (AI), when used responsibly…
Easy FX Trading Login for a Global Market
The world of Forex trading is rapidly evolving, offering unparalleled opportunities to traders across the globe. With technology breaking down barriers, people from all walks of life can now access financial markets that were once exclusive to seasoned professionals. A…
NETSCOUT Reports on DDoS Vulnerabilities in Africa’s Financial Sector
Financial services organisations in Africa are continuing to fall victim to Distributed Denial of Service (DDoS) attacks, according to NETSCOUT’s 1H2024 DDoS Threat Intelligence Report (TIR). The report highlights Kenya, Nigeria, and South Africa in particular as being hotspots for…
Positioning for the Future: Lessons from 2024 to Drive Investment Success in 2025
As the end of the year approaches, investors are looking back on an eventful 2024 and starting to prepare for the trends that are likely to emerge in 2025. The 2024 investment landscape has been defined by an uncertain macroeconomic…
South Africa: Luno adds largest number of crypto assets in company’s history as Bitcoin surges past $103,297
Bitcoin set a new all-time high of $100k on Luno this morning. The market cap leader is up more than 40% since the US elections, with President Trump having made a number of pro-crypto statements during campaigning. Further positive crypto…
Mobile Money Rwanda, Mastercard Ink Virtual Card Partnership
Mobile Money Rwanda Limited (MoMo Rwanda) and Mastercard have partnered to launch Rwanda’s virtual payment solution, Virtual Card by MoMo, which enables MoMo customers to make global e-commerce payments safely and securely. MoMo customers will now be able to transact…
South Africa Says Goodbye to Card Swiping at Major Toll Roads From December
Starting 1 December 2024, South African toll gates will transition to contactless tap payments. South Africa boasts one of the most extensive and well-maintained road networks on the continent, serving as a vital lifeline for the country’s economy and its…
6 trends to watch in RegTech in 2025
Financial crime and regulations are evolving rapidly, but so are the Regulatory Technology (RegTech) providers helping the financial sector stay compliant and prevent nefarious activities. With the global market expected to reach $25.19 billion by 2028, here are some key…
Biggest Risks When Buying or Selling Cryptocurrency
Cryptocurrency has surged in popularity over the last decade, attracting millions of investors. The allure of potentially high returns and the novelty of digital currency appeal to seasoned investors and newcomers. However, cryptocurrency isn’t all opportunity; it’s also filled with…
Mastercard Academy Launches Free Online Financial Literacy Course
Mastercard Academy, a renowned provider of world-class payments training solutions, has launched a free online financial literacy course called ‘Master Your Card: Finance Demystified.’ The course, developed in collaboration with the Mastercard Center for Inclusive Growth, seeks to provide consumers…
Fraud in the Digital Age: Why Shared Intelligence is the Key to Staying Ahead
Banks and online retailers can enhance their ability to detect hard-to-spot, high-risk fraud by incorporating shared fraud intelligence into their risk assessments, according to the latest Global State of Fraud Report from LexisNexis® Risk Solutions. The report highlights how collaborative…
Payfast Report: Monday is the Most Popular Day for Online Shopping
Monday has emerged as the most popular day for online shopping, while November stands out as the most popular month, driven by Black Friday sales and preparations for the festive season. According to the report, 71% of surveyed merchants expressed…
Mama Money Revolutionizes Banking with WhatsApp-Powered Bank Card
Mama Money Financial Services has created a new bank card that allows users to manage their accounts and money via a WhatsApp solution. The Mama Money Card, developed in conjunction with Access Bank and Pick n Pay, aims to address…
RMB Announces “Urgent Pay” to Enhance Corporate Payments
RMB continues to invest in solutions to help corporates streamline and optimise their payment processes, enhancing success rates and easing reconciliation. “The payments landscape is evolving rapidly, and RMB’s goal is to provide, client-centric solutions that simplify and enhance the…
Nium Partners with Ecobank for Cross-Border Payments in Africa
To facilitate smooth cross-border payments for over 32 million customers across 35 African markets, Nium, a global infrastructure for real-time cross-border payments, announced a partnership with Ecobank Transnational Incorporated. This collaboration has the potential to drastically change the payment environment…
