Global Fintech Trends
Africa Fintech Network
A platform that unites Africa fintech leaders, organizations and stakeholders.
16 Days To Go!
Join us for the vibrant and exhilarating Africa Fintech Fest 2024, taking place from June 12th to 15th at the beautiful Enashipai in Naivasha, Kenya! This fintech-friendly festival will gather the brightest minds and leading innovators, tech enthusiasts, and policymakers, offering a dynamic platform for dialogue, collaboration, and knowledge exchange.?
Attendees will experience insightful keynote speeches, interactive panel discussions, fireside chats, and cutting-edge product demonstrations, all designed to showcase the future of fintech.
Don't miss the spectacular closing days filled with joy, laughter, and community spirit. Mark your calendars and bring your products and innovative spirits to Naivasha, Kenya.
To attend the fest, register now: https://lnkd.in/e9VPREM
For more info, visit this site: https://lnkd.in/e9VPREM ?
MTN Announces Phasing Out Of Scratch Cards, Reaffirms Commitment To Sustainability And Customer.
MTN Ghana wishes to inform its cherished customers and trade partners that, its scratch cards which was last introduced in trade in 2020 is being totally phased out effective 30th June 2024. This means that customers who still have unused MTN scratch cards cannot recharge them after 1stJuly 2024, however customers can redeem the value of their scratch cards via Credit transfer (EVD) at any MTN Customer Experience Centre.
This is also in line with MTN’s strategy to lead digital solutions in Ghana and beyond and aligns with the Government of Ghana’s digitalisation agenda. MTN customers are encouraged to continue using existing digital channels including MoMo, Ayoba and myMTN app to recharge. As part of our commitment towards a clean environment, customers enjoy 50% bonus on all recharges done via Mobile Money. Commenting on the withdrawal of scratch cards, the Chief? Sales and Distribution Officer, Mr Samuel Addo said, "the phasing out of the scratch cards is one of the avenues to help us protect the environment, empower customers to drive digital usage and make customer service delivery more efficient”.
Read more here: https://www.businessghana.com/site/news/business/307455/MTN-Announces-Phasing-Out-Of-Scratch-Cards,-Reaffirms-Commitment-To-Sustainability-And-Customer- ??
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Emirates NBD Selects Pine Labs Credit+ Platform to Enhance Payment Solutions for Corporate Clients
Emirates NBD, the banking group for the Middle East, North Africa and Turkey (MENAT), is joining forces with Pine Labs, a merchant commerce omnichannel platform, to provide the latest payment solutions to companies across the region. Emirates NBD will leverage the Pine Labs Credit+ platform, to deliver cutting-edge merchant-acquiring processing solutions for its corporate and institutional clients, initially in the UAE and then across the Kingdom of Saudi Arabia and Egypt.
It hopes the expanded suite of solutions will empower its clients to improve their digital payment system for online and in-store payments alike. The Fintech Times also recently sat down with Sumit Mittal, EVP and MD, MEA at Pine Labs, who discussed the partnership: “We acquired the Credit+ platform from Mastercard and repurposed it for Emirates NBD. With this, we will provide acquiring solutions for them – both in-store, as well as online. We will run their point-of-sale, payment gateway and run all their payment processing.”
Read more here: https://thefintechtimes.com/emirates-nbd-selects-pine-labs-credit-platform-to-enhance-payment-solutions-for-corporate-clients/ ??
Visa underscores its unwavering commitment to driving financial inclusion and innovation at Gitex Africa 2024
Cairo, Egypt – Visa, a global leader in digital payments, is thrilled to announce its participation at GITEX Africa 2024, set to take place from May 29 to 31 in Marrakech, Morocco. This major event will showcase the massive tech transformation and investment opportunities arising in a region. Visa's presence at GITEX Africa as a financial innovation partner, underscores its steadfast commitment to driving financial inclusion, fostering innovation, and championing a cashless economy across the continent. Collaborating closely with African fintech startups, Visa aims to leverage its expertise in digital payments to expand access to financial services for underserved communities.
At GITEX Africa, Visa will unveil its cutting-edge solutions designed to tackle Africa's unique challenges, showcasing its dedication to propelling innovation within the fintech ecosystem. Central to Visa's showcase will be a "Cashless Medina" concept, which highlights Visa's commitment to empowering small and medium-sized enterprises (SMEs) and social entrepreneurs like artisans with the tools, resources and support they need to be part of the burgeoning digital economy. This move aligns with Visa’s mission to drive financial inclusion and innovation in Africa. The booth will be located in the "Future of Finance" section, offering an exciting and immersive experience will bridge cultural elements of Moroccan artisans with the modern convenience of digital payment acceptance.
8. AEON Bank Offers Unique Personalised Account Numbers at Launch
AEON Bank (M) Berhad has officially launched, marking its entry as Malaysia’s first Islamic digital bank. The launch, which took place on 26 May (Sunday), follows the bank’s approval by Bank Negara Malaysia to launch under the new digital banking framework. AEON Bank is a joint venture led by AEON Financial Service and AEON Credit Service.
The newly launched AEON Bank offers a range of personal banking digital services, including a Savings Account-i, customisable Savings Pots, and budgeting tools.
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