EFT Corporation Connect: Zambia Event Forges Important Regional Partnerships
EFT Corporation, an African-focused fintech and payment solutions provider, recently hosted its EFT Corporation Connect: Zambia event in Lusaka. Featuring presentations led by EFTCorp’s team alongside an address from a representative of the Zambian Ministry of Technology and Science, the event brought together leaders and innovators from Zambia’s banks, microfinancers, and fintech sector. The event […]
Transforming Business and Banking in Africa Embracing Innovation, Leadership, and Strategic Growth
Africa is a dynamic hub of opportunities driven by innovation, leadership, and change – and also filled with challenges. Operating any business on this complex continent requires a deep understanding of its landscape. While Africa faces challenges in some sectors compared to the global north, it has powerful advantages in others. In the banking and […]
AI’s Role in Shaping the Future of Banking
Much like the advent of the internet, the presence of artificial intelligence (AI) and generative AI (Gen AI) into our everyday lives has become unavoidable. Even if we aren’t actively using any of the myriad of applications such as ChatGPT ourselves, we are interacting everyday with some version of AI, including customer service chatbots, which […]
EFT Corporation and Visa Partner to Bolster Fintech Growth in Africa
EFT Corporation (EFTCorp) and Visa have announced a transformative five-year partnership aimed at revolutionising Africa’s digital payments landscape. This collaboration seeks to enhance financial inclusion and introduce advanced payment solutions across the continent. Fintechs across Africa are invited to join an exclusive program designed to accelerate their growth. By leveraging EFTCorp’s established platform and reach, […]
Wibmo and EFT Corporation Partner to Strengthen Payment Security in South Africa
Johannesburg, South Africa – October x, 2024 – Wibmo, a PayU company, and EFT Corporation have formed a strategic partnership to introduce cutting-edge security technology for digital payments in South Africa. The partnership will bring the Wibmo Areion 3DS Server (3DSS) to the local market, a solution designed to enhance online transaction security and improve […]
How to Improve Customer-Centricity in the Financial Services Sector without Compromising Quality or Profitability
With the migration of many traditional banking services to the online space, there are new opportunities for banks to gather data on customer habits and preferences and to use this to develop new customer-centric products and services. The same goes for non-financial services companies who are now able to offer a diversity of banking as […]
The Rise of Women in Payments Africa
Increasing female representation in the financial industry is a crucial and natural step toward fostering growth and better serving women, who make up the majority of our global population. In Sub-Saharan Africa, only 37% of women have bank accounts compared to 48% of men. Addressing this disparity requires more female voices at higher levels to […]
Exploring Cross-Border and Remittance Trends in 2024
According to Worldometer, Africa is home to almost 1.5 billion people, with an average age of just 18.8 years. With such a young population, it’s no wonder that the adoption of digital technologies on the continent has reached such extraordinary levels, with at least one quarter of the population having access to the internet. Cell […]
Leading the way in BaaS Compliance
Despite South Africa’s reputation for crime and corruption, the country’s banking and fintech sector is regulated by a raft of robust compliance and legislative frameworks which keep banks, financial services providers and customers, as well as their transactions, safe and secure. Ukheshe, as a digital first financial services enabler, prioritises regulatory compliance as a cornerstone of its operations, fostering […]
Pioneering Fintech Innovation and Shaping the Future
Ukheshe’s story began with a simple question: How do you pay someone if you don’t have cash and they don’t have a bank account? The idea of bringing electronic payments to people without bank accounts might seem pretty straightforward, but it’s a game-changer for making finance more inclusive all over the world. It’s all about […]
The Rise of AI-Powered Personal Financial Assistants
Artificial intelligence (AI) and machine learning (ML) are permeating just about every aspect of our lives, even though we might not always be aware that they are there. Online chatbots and algorithms that determine what we see on our social media feeds are just two everyday examples of AI at work. Most of the trends within the financial services sector […]
Pioneering Inclusive Digital Financial Services & Empowerment
Women’s Economic Empowerment by the Women’s World Bank Women’s World Banking’s (WWB) mission is to put women front and centre in designing and rolling out financial products, services and policies to drive women’s economic empowerment. By promoting the creation of products for women by women, WWB is ensuring that women can find greater freedom through inclusion in mainstream […]
