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Nedbank ends cheque payments from 2021
Bank says they contribute less than 0.1% of total payment volumes in South Africa. As of January 1, 2021, Nedbank clients will no ...
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China’s Ant Group launches cross-border trade platform to support SMEs
Ant Group, the parent company of Chinese payments giant Alipay, unveiled its new Antchain-based global trade platform for small to medium-sized enterprises, or ...
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Kenanga Partners with Merchantrade to Launch Their Own E-Wallet, Kenanga Money
Kenanga Investment Bank Berhad (Kenanga) today announced its partnership with Merchantrade Asia Sdn Bhd (Merchantrade) to introduce their e-wallet, Kenanga Money, which will ...
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Mastercard Partners Innovectives & NetPlusDotCom to Facilitate Digital Payments to SMEs
Nigeria’s SMEs make up 96% of businesses in the country, account for 84% of employment, and contribute 48% to the national GDP according ...
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Jaiz Bank Wins GIFA Award
Jaiz Bank Plc has been awarded as the ‘Most Improved Islamic Bank 2020’ in the world by the Global Islamic Finance Awards (GIFA). ...
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$5 billion fintech firm TransferWise posts fourth straight year of profitability
TransferWise, one of Europe’s most valuable private financial technology firms, just posted its fourth consecutive year of profitability. The online money transfer service ...
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Mastercard and Selcom partner to drive digital payments in Tanzania
Mastercard and Selcom announced the launch of an enhanced mobile application enabling people to centralize their payment cards, rewards programs and supported mobile banking profiles on ...
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Flywire, Mastercard Team On Cross-Border Tuition Payments
Flywire will work with Mastercard to provide discounted foreign exchange rates on cross-border tuition payments for students, according to a press release. The ...
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Tink, the Stockholm-based open banking startup, acquires OpenWrks aggregation platform
Open banking platform, Tink, is continuing its expansion across Europe with the acquisition of the aggregation platform of OpenWrks, a leading UK-based provider ...
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Mauritius-based Firm acquires Vodacom Africa’s operations in Nigeria
Convergence Partners’ subsidiary, inq. has acquired Vodacom Business Africa’s operations in Nigeria Headquartered in Mauritius, inq. (formerly Synergy Communications) has extended its reach ...