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financial services

Kenya: Interswitch acquires a Paynet Group

Interswitch Transnational Holding (“Interswitch”), the leading pan-African integrated payments company, announces it has reached a partnership agreement with the Paynet Group (“Paynet”), East Africa’s leading multi-institutional payments provider, to combine its businesses. Interswitch will acquire a majority shareholding...

Wi-Fi, cell phones could spell the end of debit & credit cards says Deloitte

‘Near field communications‘- the ability to carry out everyday banking transactions with a simple ‘swipe’ of a cell phone- will be the next major step in the evolution of financial services and the banking systems as increasing convergence of...

Innovation Dinner Nigeria a success for financial sector

IT News Africa, Africa’s ICT news leader, hosted its first Innovation Dinner outside of South Africa, in Lagos, Nigeria, on 25 April 2012. The invitation-only event took place at The Wheatbaker Hotel situated in the upmarket neighbourhood of Ikoyi,...

Absa transforms consumer payment systems

In today’s fast-paced, ever changing payment environment, consumer purchases are motivated and driven by much easier, accessible, convenient and secure ways of paying. “In line with our ongoing pursuit of providing innovative solutions and services that enhance customer experience, we have a...

Ecobank, Airtel sign mobile banking deal

ECOBANK Transnational Incorporated, a pan African banking group and Bharti Airtel, an Indian telecommunications company, have signed a new deal that will promote mobile banking services across the African continent. This move comes as various African countries are implementing...
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New ICT Academy in Olievenhoutbosch (South Africa)

Afrika Tikkun, a leading youth development agency, is excited to collaborate with Microsoft South Africa to launch the ICT...
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