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Backbase Acquires of Kasisto
Backbase announced the acquisition of Kasisto, a pioneer in agentic AI for banking and financial services. Kasisto’s agentic platform, financial services intelligence, and New York-based team are now part of Backbase and the AI-native Banking OS. The transaction integrates Kasisto’s…
EthSwitch Reports ETB 2.6 Billion Profit as Ethiopia’s Digital Payments Boom Accelerates
EthSwitch, Ethiopia’s national payments switch, has reported a gross profit before tax of ETB 2.6 billion for the 2025/26 financial year, highlighting the rapid growth of interoperable digital payments in one of Africa’s largest and fastest-growing economies. During the year,…
Visa Turns Smartphones into Payment Hubs for Small Businesses in Emerging Markets
Visa has introduced new capabilities across Visa Accept and Visa Direct, expanding how smartphones can be used to both accept and send digital payments. The new features are aimed at helping small businesses in emerging markets—from street vendors to online…
Payments are costing online businesses more than they think
Nobody builds an online store hoping customers will give up at the last click. Yet that is exactly where too many businesses still lose sales: the customer was ready to buy and the business had already done the hard part,…
Binance Surpasses $1 Billion in Assets Under Management for Stocks Trading in 30 Days
Binance, a leading blockchain ecosystem and digital asset infrastructure provider, today announced that stock trading on its platform has surpassed $1 billion in assets under management (AUM) in 30 days since launch. The milestone is accompanied by more than $3…
Grey Launches Local Currency Deposits in Ghana and Kenya
Grey has introduced local currency deposits in Ghana and Kenya, allowing users to fund their Grey accounts directly in Ghanaian Cedis (GHS) and Kenyan Shillings (KES) through bank transfers and mobile money. The new feature eliminates the need for multiple…
Visa Outlines AI, Token, and Stablecoin Capabilities Shaping the Future of Commerce
Visa today outlined a series of AI, stablecoin, and token capabilities designed to help clients across the Central and Eastern Europe, Middle East, and Africa (CEMEA) region participate in the next generation of commerce. Ahead of the Visa Payments Forum,…
Mastercard Launches Priceless Africa
Mastercard has expanded its global lifestyle platform, Priceless.com, to Africa, unlocking a new way for Mastercard cardholders around the world to explore the continent’s most iconic destinations. The platform brings together culturally rich journeys across nine African markets, including South Africa,…
LIFT Expands Payment Options with Apple Pay, Google Pay & Crypto
LIFT has become the first South African airline to offer both Apple Pay and Google Pay directly on its website across both mobile and desktop, while also introducing cryptocurrency payments through Ozow, significantly expanding the ways customers can pay for…
BM Blockchain Introduces Cloud Mining Service With Incentives for New Users
Many people are interested in earning crypto rewards, and cloud mining gives a simpler way to do this. BM Blockchain lets you access cloud mining, saying that some users might earn as much as $2,468 daily. Plus, new users who…
KCB and Airtel Money Partner to Deepen Financial Services
KCB Bank Kenya Managing Director, Mrs. Annastacia Kimtai (left) and Airtel Money Kenya Managing Director, Anne Kinuthia-Otieno (right)
SA Payments Platform Expands into Primary Care with Medicross
South African payments platform, PayJustNow, will be available at Netcare Medicross medical and dental centers from 18 May. Giving patients a new way to manage the often-prohibitive upfront cost of private GP and dental visits without having to absorb the…
Banks Urged to Reuse Fraud Data to Fix Broken Dispute Processes & Rebuild Trust in Digital Banking
Fraud dispute resolution is often manual and can take weeks. Research shows 73% of customers say their loyalty is heavily influenced by how fraud is handled. While customer satisfaction and retention may largely lie in the ambit of the CMO,…
JUMO & Nedbank Launch Next Gen Digital Lending Ecosystem
In a move that signals a new chapter for South Africa’s financial services sector, Nedbank has entered into a partnership with AI-powered banking technology company JUMO to unlock a next-generation digital credit ecosystem. The collaboration brings together the balance sheet…
What makes a forex trading app useful for active traders?
Things have changed a lot in online trading over the last ten years. What used to need a desktop, multiple screens and complicated software now fits in your pocket. Now, you can trade or monitor your investments from almost anywhere…
Global Payments Platform Unlocks Africa-wide Access for International Merchants
Yuno, the global financial infrastructure platform, announced a strategic partnership with Onafriq to bring Africa’s most expansive payments infrastructure to merchants worldwide. Through this integration, Yuno’s clients gain instant access to Onafriq’s network spanning 43 African markets, nearly 1 billion…
