Category: <span>Banking</span>

KPay Group, a one-stop financial management and business operations platform, now enables its Hong Kong merchants to seamlessly and securely accept in-person contactless payments with Tap to Pay on iPhone. Tap to Pay on iPhone enables businesses to accept all forms of contactless payments, including contactless credit and debit cards, Apple Pay, and other digital wallets, using...

Visa, a global leader in digital payments, today announced the expansion of its stablecoin settlement capabilities across the Central and Eastern Europe, Middle East and Africa region (CEMEA) through a partnership with Aquanow, a global digital assets platform expert in liquidity and infrastructure solutions. The integration of Aquanow’s digital asset infrastructure with Visa’s world-class technology...

Kazang, the prepaid value-added services (VAS) and card acquiring business within JSE-listed fintech Lesaka Technologies, has partnered with South Africa’s leading digital bank, TymeBank, to provide flexible working capital advances to licensed taverns and liquor outlets that use the Kazang point of sale (POS) devices.  Kazang Capital, in partnership with TymeBank, provides instant business funding...

Citi Hong Kong recently welcomed Head of Wealth Andy Sieg to Hong Kong, once again reaffirming its commitment to Asia’s burgeoning wealth management market and its role in supporting Citi’s growth strategy in Hong Kong and beyond. The visit to Hong Kong is timed to coincide with two key milestones: the 15th anniversary of Citigold Private...

South Africa’s largest clothing and mobile-phone retailer, Pepkor, is preparing to enter the banking sector by opening branches inside its existing network of more than 6,000 stores across the country, offering transactional accounts with no monthly fees to attract lower-income customers. The move would position the discount chain as a direct competitor to Capitec Bank,...

Standard Bank, Africa’s biggest lender by assets, has officially inaugurated its new representative office in Cairo, marking a strategic push to harness burgeoning trade and investment flows between the Middle East and the continent. Senior executives, including group chief executive Sim Tshabalala, head of African regions and offshore Lungisa Fuzile, and corporate and investment banking...

Old Mutual’s OM Bank has amassed over 140,000 active customers since it began testing its mobile app earlier this year, and is adding around 5,000 new users each day. South Africa’s newest bank is targeting people earning between R8,000 and R80,000 per month. That is the same as the majority of Capitec’s user base, South...

TymeBank will rebrand to GoTyme in the first half of 2026, marking a significant evolution in the bank’s brand identity and market positioning. The rebrand will align the South African bank with GoTymeBank in the Philippines, creating a unified international identity under the broader Tyme Group. This move strengthens the group’s global brand coherence and...

Thousands of customers rely on PaySpace, the innovative, cloud-native South African payroll and HR platform. Global payroll services giant Deel acquired PaySpace in mid-2024 for an undisclosed amount, which rebranded to Deel Local Payroll. Why is this acquisition a significant moment for payroll and HR, and what does the change mean for Deel Local Payroll’s...

Many organisations don’t realise they are victims of payroll fraud. How do they find out? Johannesburg, 23 September 2025; The damage caused by payroll fraud and ghost employees is often catastrophic: large sums lost and additional spending in investigations and prosecutions. In many cases, the companies forgo legal actions and fire the fraudster, who often moves...