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Absa Kenya Returns to Court to Challenge Tax Dispute

The Supreme Court has agreed to hear a case by Absa Bank Kenya challenging a move by the Kenya Revenue Authority (KRA) to collect payments paid to multinational credit card firms such as Visa and MasterCard in royalties. Absa returns...

IBM Announces Real-Time AI for Transaction Processing

On Thursday, IBM an international tech company, announced IBM z16, a Telum processor that allows clients to infuse AI inferencing for real-time insights. This innovation is designed to enable clients to analyse real-time transactions, at scale -- for mission-critical...

African banks to become more competitive with SWIFT gpi

5 African banks have signed up to SWIFT’s global payments innovation (gpi) service, the new standard for cross-border payments. Of these, four are already live – Standard Bank of South Africa, FirstRand Bank, ABSA Bank and Nedbank - and many...

MasterCard launch electronic bill-paying services with Fawry

The Egyptian Electronic bill presentment & payment (EBPP) company Fawry announced it is joining forces with MasterCard to provide payment services to Egyptian customers, the Middle Eastern News service Bawaba reported Wednesday. Fawry’s EBPP consolidate billing services for businesses, and...
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A New Extended Partnership for Managing People and Money

Amazon Web Services (AWS) has partnered with Workday, a provider of solutions for managing people and money. The partnership aims...
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