The Reserve Bank is in the process of making significant changes to the country’s payment landscape and is proposing two new ...

With the new licence, Fincra can directly integrate with South Africa's core payment systems and banking networks.

which will impact electronic funds transfer (EFT) payments within the Common Monetary Area (CMA). South African banks will cease processing EFT payments and collections within the CMA in response to ...

Africa fintech giant and leading Next Gen financial services platform, Mukuru, has stepped up to support customers amidst the South African ... uninterrupted electronic funds transfer services.

The banking sector saw a surge in AI integration for tasks ranging from asset tracing to debt recovery, raising the bar for ...

Nigeria is trailing South Africa in the adoption of electronic bank transfers, speed of processing invoices, payment automation, and the development of key business-to-business payment processes ...