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BankservAfrica

FinTech

BankservAfrica, Change Logic Introduce Framework to Mitigate Interbank Risks

Mamsi Nkosi -
BankservAfrica introduced a structured change management framework to address potential risks such as misalignment between banks, adoption delays, and communication gaps in a large-scale project, ensuring all participating banks had the necessary resources, guidance, and support. As Africa’s largest automated...
FinTech

FNB Unveils Cross-Border Payments with BankservAfrica TCIB

Mamsi Nkosi -
Cross-border payments in Africa are crucial for individuals and companies, providing quick, safe, and affordable options for everyday money transfers to friends, colleagues, and relatives abroad. To accommodate its clients' changing needs, FNB has teamed with BankservAfrica for its Transactions...
FinTech

BankservAfrica reveals Black Friday card sales

Fundi Maseko -
According to BankservAfrica, Debit and credit card transactions reached 4.8 million during this year’s Black Friday. This represents a 4% year-on-year growth on 2017’s 4.7 million. BankservAfrica’s figures, which covers all in-store card transactions (excluding ATM) by BankservAfrica between 00:00...
FinTech

BankservAfrica transforms backup environment

Staff Writer -
Following its investment in new data centres and disaster recovery strategies, BankservAfrica, Africa's automated clearing house and payment system operator, has contracted Veeam Software to modernise its backup and data protection systems. Processing billions of transactions annually for 23 banks...
Enterprise IT

BankservAfrica partners with Lusis Payments

Staff Writer -
BankservAfrica recently revealed a partnership with Lusis Payments to provide Tango, a payment switching and processing software solution, in South Africa and across the African continent. BankservAfrica’s interoperable switching platform has been running on Tango software since April 2012, and...
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Latest News

CybersecurityMamsi Nkosi -

Octa Analyst Shares 4 Tips SA Traders Can Use Against Sophisticated Scams

The Financial Sector Conduct Authority (FSCA) issued an urgent warning about sophisticated scams targeting traders. Fraudsters are now using deepfake...
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