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Sharia-compliant microfinancier ASAL Microfinance has partnered with Musoni System to bring financial services to underserved communities in Somalia.
financial inclusion, digitalisation, API, financial institutions, partnership
Mastercard has teamed up with online banking e-payment company Mybank to grow access to the digital economy and drive financial inclusion in Somalia.
Mastercard, debit card, partnership, financial inclusion, expansion, ecommerce
UK-based cryptocurrency firm Koinal has reached an agreement with Huobi to integrate its checkout system.
Koinal, Huobi, cryptocurrency, crypto exchange, Bitcoin, crypto wallet, partnership, debit card
Juba Express, WorldRemit, International Payments, Somalia. transactions
WorldRemit, remittance, Somalia, money transfer, payments
Path Solutions, technology, partnership, MyBank Limited, Somalia
TransferGalaxy is tackling an issue in today’s global economy — remittance — but developing a simple solution for sending money abroad is complicated. Trustly makes it simpler
Trustly, TransferGalaxy, remittance, Sweden, payments , digital solution, Europe, cross border, card payments, transactions , banks, economy, EMEA, API, fraud, online banking, two factor authentication, direct debit, fintech
Central bankers have proposed changes to stop the global payments system fragmenting as banks scale back cross-border networks, blaming the cost of new regulation.
US, central bankers, regulation, online fraud, risk mitigation, banking system, online banking, retail, Customers
Visa is technology agnostic and believes in an “open” approach to payments
Afica, Visa, Mohamed Touhami El Ouazzani, General Manager, Francophone Africa, Morocco, cross border, ecommerce, online payments, digital, MNO, Payments Gateway, internet, market share, citizens, consumers, economy
Emerging Markets Payments (EMP), an electronic payments processing company in Africa and the Middle East, has partnered Premier Bank, its first customer in Somalia.
EMP, partnership, Premier Bank, customer, Somalia, online payments, electronic payments, clearing
MasterCard announced its partnership with Premier Bank, becoming the first international payments network to enter Somalia.
MasterCard, Somalia, Africa, online payments, Payments Gateway, card scheme, money transfers