Adrian Pillay

Mastercard And Amazon Partner to Boost Digital Payment Adoption Across Middle East And Africa Mastercard, a global leader in payment technology, has entered into a multi-year commercial partnership with Amazon Payment Services to drive digital payment acceptance in nine countries across the Middle East and Africa. The countries include Bahrain, Egypt, Jordan, Kuwait, Lebanon, Oman, Qatar, South Africa, and the United Arab Emirates. As part of the agreement, Amazon Payment Services will integrate Mastercard Gateway, a unified platform for payment processing, across 40 markets in the region. Read more👇 #mastercard #amazon Smita Sebastian Vishal Chandarana Colin McGrath Natalie Sherman Alyssa Rosenblatt

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AMINA Bank Launches the AMINA Payments Network (APN) Myles Harrison, Chief Product Officer atAMINA Bank said: “In an age where 24/7 cryptocurrency asset markets are normalised, and wider global crypto adoption continues to grow at pace, the demand for faster transactions is no longer a want, but a need. With the introduction of the AMINA Payment Network, the facilitation of seamless cross-border transactions between network members across the globe is realised, and the required efficiency of money markets can meet the demands of the current financial landscape.” https://lnkd.in/eHXwErBX #fintech #finance #banking #paytech #payments #fintechnews #paymentsnews

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HUGE partnership news! 🤝 GOLIATHS Temenos and Mastercard have partnered to accelerate the implementation AND delivery of Mastercard Move 🚀 🌍 🏦 Mastercard Move’s solutions enable banks to move money internationally securely AND swiftly; and with nearly 10 BILLION endpoints in over 180 countries, recipients can choose from VARIOUS disbursement options, including cards, bank accounts, mobile wallets and MORE! 💸 👏 By integrating Mastercard Move into the Temenos Payments Hub, Temenos customers will be able to QUICKLY integrate Mastercard Move’s cross-border capabilities AND consolidate with other payments rails on the SINGLE Temenos platform Roberto Tittarelli, EVP New Payments Platform Europe, said: “We are delighted to join forces with Temenos to deliver enhanced cross-border payment solutions to banks and their customers. With the integration of Mastercard Move’s money transfer solutions with Temenos’ payments capabilities, banks will benefit from a streamlined process to deploy, scale, and maintain ongoing interoperability for cross-border payments. This will in turn provide the banks’ customers with fast, secure and efficient cross-border payments, making them the ultimate beneficiaries.” Read more on the link below! 👇 Mick Fennell #temenos #mastercard #crossborderpayments #digitalpayments #internationalpayments #fintech #fintechnews #money2020

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Watch this webinar on "Diversifying Cross-border Payments for Growth," where Temenos specialists and industry leaders discuss key regulations and trends in cross-border #payments across MEA. Learn how banks diversify their transaction settlement options, from SWIFT's CBPR+ to #fintech solutions, and explore the future of blockchain networks and #digitalcurrencies. Don't miss out on insights and practical advice to navigate the evolving financial landscape: https://lnkd.in/eKNZEQFs

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LPM is becoming a mainstream force across the MEA region — don't miss out! 🌍 As LPM continues to gain momentum and become a pivotal trend in the Middle East and Africa, it's essential to stay ahead of the curve. Whether you're already engaged or just exploring, now is the time to dive in and harness its full potential. This post highlights the importance of LPM in the region. Please reach out if you want to know more. #MEA #LPM #Trends

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Wema Bank Suspends Seven Fintech Partners From Its Payment Gateway Over Fraudulent Activities Nigeria’s commercial Bank, Wema Bank Plc. has reportedly suspended seven (7) Fintech partners from its payment gateway platform, citing a case of fraud. The bank said the move was done following the rising cases of fraud involving some wallet accounts linked to the fintech firms. Read more👇🏼 #wemabank #fraud #fintechfraud #epaymemt #cybersecurity #bankingfraud Niyi Popoola

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Jifiti Introduces Tap Now, Pay Later™, Enabling Banks to Easily Deploy Their Loans Through All of the Leading Digital Wallets at Any Point of Sale Read more: https://lnkd.in/d6WKGkbZ #Jifiti #TapNowPayLater #DigitalWallets #PointOfSale #Finance #Fintech #FinancialIT

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Jifiti Introduces Tap Now, Pay Later™, Enabling Banks to Easily Deploy Their Loans Through All of the Leading Digital Wallets at Any Point of Sale “To be truly customer-centric, banks and lenders need to make their point-of-sale financing a seamless part of the customer’s payment journey. Today’s payment method of choice is digital wallets. With Tap Now, Pay Later™, customers gain the best of both worlds – all the benefits of bank financing combined with the easy ‘tap-to-pay’ experience they’ve come to expect. This serves our mission at Jifiti, which is to provide access to affordable and responsible financial solutions when and where it matters most,” stated Yaacov Martin, CEO of The Jifiti Group. https://lnkd.in/e9xhxKT4 #fintech #finance #banking #paytech #payments #fintechnews #paymentsnews

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The disruptive force of financial technology (fintech) has revolutionized Africa’s financial landscape, unlocking opportunities to address long-standing gaps. One area of focus is cross-border payments—a critical element for trade, remittances, and economic growth. However, the transformative potential of fintech in Africa has been greatly hindered by infrastructure constraints through the years. By examining case studies, emerging solutions, and successful regional collaborations, this report outlines a path toward a more connected African continent where cross-border payments support prosperity and inclusivity; providing insights into the current state of Africa’s cross-border payment. Click the link to download the full report: https://lnkd.in/d9f_3nqi #PierrineReports #Fintech #FinancialInclusion #DigitalPayments #FintechInnovation #InclusiveFinance #CrossBorderPayments #AfricanEconomy #AfricaTrade #AfricanInnovation #PaymentSolutions #BlockchainAfrica #MobileMoney #SMEFinance #Remittances #EconomicGrowth #EmergingMarkets #SustainableDevelopment #TechForGood #FutureOfFinance

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Are traditional banks in Kenya missing the mark with Gen Z? 📉 This tech-savvy generation is driving a shift towards digital-first, ethical banking solutions. Our latest whitepaper uncovers the disconnect and offers a roadmap for banks to realign their services to meet Gen Z’s expectations. Discover how fintech is challenging the status quo and what banks can do to stay competitive. Don't miss out on these critical insights learn more and subscribe today https://lnkd.in/g-N3eMNJ #Banking #Fintech #GenZ #CustomerExperience #DigitalTransformation #KenyanBanking #EthicalBanking #DigitalBanking #FintechInnovation #GenZFinance #BankingTech #EthicalFinance #DigitalShift

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++ Standard Bank Group Partners with #Volante to Revolutionize Payment Systems Across Africa ++ Volante Technologies, the global leader in Payments as a Service (PaaS), has announced a strategic partnership with Standard Bank, Africa’s biggest bank by assets, to modernize payment infrastructure across the African continent. This marks one of the most ambitious PaaS payment deals signed in history, with no other payment providers servicing this many countries for one single customer in their PaaS cloud. "Our collaboration with Volante goes beyond much more than just a working partnership; it represents a pivotal moment in our evolution, built on trust and cultural alignment. Volante distinguished itself by passing our rigorous vetting process and stood out for its transparency and unwavering spirit of partnership. Their PaaS technology is a perfect complement to our needs, and their shared values and dedication permeate their entire organization, not just at the leadership level. Together, we are transforming the payments landscape while empowering communities and fostering growth across Africa." - Bessy Mahopo, CIO, CIB transformation programs at Standard Bank "We are proud to partner with Standard Bank and support its ambitious payment modernization goals. Our PaaS solution is an ideal fit for the bank’s needs, enabling rapid time-to-market, lowering costs, and fostering innovation. We look forward to working closely with Standard Bank as it continues to expand across the continent, bringing the strength and depth of our technology roadmap to both the bank and its customers. Together, we aim to deliver a superior experience for corporate treasury customers, ensuring they can operate more efficiently in an ever-evolving financial landscape." - Deepak Gupta, EVP Product, Engineering & Services, Volante Technologies #techafricanews #africa #fintech #payment #systems #financial #landscape #technology #experience

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What’s top of mind for leaders in terms of payments security? Tune in as James Mirfin, Visa’s Global Head of Risk and Identity Solutions, and Walter Lironi, Visa’s Head of Value-Added Services for CEMEA, highlight emerging regional trends and the evolution of Visa’s Risk and Identity capabilities – emphasizing the role of Visa’s advanced #AI solutions in combating #fraud  https://bit.ly/4eP9OGy

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Moniepoint Introduces Multi-Factor Authentication to Enhance Payment Security Nigeria’s leading digital bank, Moniepoint Group, has introduced multi-factor authentication (MFA) to strengthen security and streamline the payment experience for its customers. According to a statement from the company, the new authentication feature is now available on both its mobile and web applications, aimed at increasing transaction success rates and ensuring top-tier security for both individual consumers and businesses. Read more 👇 Tosin Eniolorunda Peter Oriaifo Moses Uloko Okechukwu Eke Alex Mwaura Muriu Babatunde Olofin

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I was one of the conference speakers at the recently concluded Digital Payment Expo where I spoke about mobile payments and wallets, its future, challenges and how it has to come to reshape our payment culture especially in areas like embedded finance, e-commerce, contactless payments etc I also mentioned the features of digital wallets, collaborations and support, security and infrastructure around it and the role of regulation in strengthening and safety of transactions within the ecosystem. OPay is an embodiment of what it means to continually enable a safer, faster and secure payments for businesses and consumers at a massive scale. The essence of innovation is not necessarily disruption, but making lives easier for the users #DigitalPayments #OPay #BeyondBanking

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The #MiddleEast is at the forefront of #financialinnovation, with #AI and real-time payments driving significant change. ACI Worldwide’s Damon Madden provides insights on these advancements and cautions that with value also comes challenges, especially in #fraudprevention. Read more in this Finance Middle East article: https://aciw.co/3ZcDMjy

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The secular shift from cash to digital payments is accelerating in the Middle East and Africa due to the investments of several ecosystem participants. The diversity of the region, however, adds complexity. For example, the region has 20+ international and national card schemes, 30+ national instant payment programs and scores of mobile money wallets. Network, with its 23 in-country offices, local leadership and 2500 digital payment experts based in the region, enables 250+ banks, fintechs, telcos and retailers to serve 20 million consumers. To learn more visit network.ae

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AZQORE SA has chosen Volante Technologies PaaS to deliver SEPA instant payments AND ISO 20022 messaging 💸 🤝 💶 Expanding their partnership, today's Payments-as-a-Service announcement represents a SIGNIFICANT step forward in Azqore’s payments modernization strategy 🇪🇺 🚀 Mandated by the EU, the deadline for SEPA is approaching FAST with regulatory considerations playing a CRUCIAL role in Azqore’s selection of Volante’s Payments as a Service - with other key factors were the need for RAPID time to market for new services and tight integration into Azqore’s core banking infrastructure 👨‍💻 “We are excited about the payments modernization journey we have embarked upon with Azqore. Our track record of delivering innovation through PaaS, combined with Azqore’s experience and extensive reach, paves the way for financial businesses to reap the benefits of new services such as instant payments and ISO 20022 messaging,” commented Deepak Gupta, EVP Product, Engineering & Services, Volante Technologies. “With our PaaS value proposition, we are ideally positioned to drive the digital transformation of the payments ecosystem for consumers and businesses alike.” Read more on the link below! 👇 Belhassen Belkhechine Anders Ohrneman #digitalpayments #volante #ISO20022 #azqore #digitaltransformation #instantpayments #fintechnews #SEPA #corebanking

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TerraPay, bolstered by recent financial backing from the IFC - International Finance Corporation, has announced a new strategic alliance with enza, another prominent payment technology company. This collaboration aims to revolutionize Africa's payments ecosystem, with a strong focus on accelerating financial inclusion across the continent. Andrew Key, Enza's executive director, expressed enthusiasm about the partnership, highlighting its potential to transform the financial experiences of businesses across Africa. He emphasized that many businesses will enter the formal financial ecosystem for the first time, marking a significant milestone in the journey towards widespread financial inclusion. Ani Sane, TerraPay's co-founder and chief business officer, echoed this sentiment, noting that the alliance represents a crucial step in empowering transactions that can truly change lives. Regardless of size or volume, this partnership aims to enable financial activities that foster inclusive growth and development. The IFC's financing package for TerraPay will further support this mission by allowing the company to expand its operations. By partnering with new global money transfer operators and increasing the volume of transfers processed across Africa, TerraPay will help reduce costs, enhance speed, and simplify international remittance transactions, making financial services more accessible and affordable for millions. #TerraPay #Enza #IFC #FinancialInclusion #Fintech #Africa #PaymentsEcosystem #Remittances #DigitalTransformation #BusinessGrowth #Partnerships To read more: https://zurl.co/aoIe

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