UncategorizedMFS Africa, Xoom to secure money transfers across 6 African countriesInternational Finance Business DeskDecember 11, 2020 by International Finance Business DeskDecember 11, 2020This MFS Africa hub connects more than 200 million mobile wallets in Africa through a single API...Read more
Featured FintechLatam giant embraces Ant’s approach to rev up epaymentsWebAdminOctober 21, 2020 by WebAdminOctober 21, 2020Mobile payments market in Latin America is predicted to reach $302.7 billion by 2025...Read more
Banking and Finance FeaturedNotable shift in digital payments is observed: ResearchInternational Finance Business DeskAugust 20, 2020 by International Finance Business DeskAugust 20, 2020A new report from payments company Square found that fewer than one in four payments are being made in cash in the UK...Read more
Featured FintechMFS Africa acquires Beyonic to bridge digital payments for African SMEsInternational Finance Business DeskJune 30, 2020June 30, 2020 by International Finance Business DeskJune 30, 2020June 30, 2020Beyonic is a digital payments management provider for SMEs and fintechs across Africa...Read more
Featured FintechUAE sees surge in digital payments amid the pandemic: StudyPritam BordoloiJune 24, 2020June 24, 2020 by Pritam BordoloiJune 24, 2020June 24, 2020A survey conducted by Visa revealed that 71% of consumers reported increased use of digital payments...Read more
Banking and Finance FeaturedVisa, Ooredoo seek to enhance digital payments experience in QatarInternational Finance Business DeskMay 12, 2020May 12, 2020 by International Finance Business DeskMay 12, 2020May 12, 2020The companies will jointly offer virtual prepaid cards which will be accepted at Visa's more than 53 mn merchant locations worldwide...Read more
Featured TechnologyVisa, Pesapal to boost digital payments for small businesses in AfricaInternational Finance Business DeskApril 29, 2020April 29, 2020 by International Finance Business DeskApril 29, 2020April 29, 2020The new partnership will enable small businesses to accept various forms of Visa payments, including Visa QR, MPos, Mini POS and POS...Read more
Banking FeaturedBanks will seek blockchain adoption in next three to five yearsInternational FinanceFebruary 25, 2020March 18, 2020 by International FinanceFebruary 25, 2020March 18, 2020JP Morgan in its report notes that blockchain is vital to fast payments and digital currency...Read more
ExclusiveWEX to acquire Singapore fintech eNett, Optal for $1.7 billionInternational FinanceJanuary 24, 2020March 18, 2020 by International FinanceJanuary 24, 2020March 18, 2020Optal is a shareholder of eNett and the primary issuer of eNett payments...Read more
BankingEgypt’s overdue banking act forwarded to legislatureInternational FinanceJanuary 8, 2020 by International FinanceJanuary 8, 2020The much-awaited banking law monitors digital payments and financial technologies...Read more