ITWeb OTR: Agentic commerce boom
Visa’s Michael Berner, group country manager of Southern and Eastern Africa, outlines the future of stablecoins, digital payments, financial inclusion and how AI is fueling the rise of agentic commerce. #visa #agenticai
The fintech firm evolves beyond payments into a connected business platform integrating AI, data and advanced merchant tools.
As real-time payments gain traction across Africa, experts say businesses must focus less on processing payments and more on understanding, reconciling and tracking.
Shareholders voted and overwhelmingly approved the company’s acquisition of 80% of shares in the Pay@ Group.
ITWeb TV: The state of digital payments in SA | Episode #131
In this episode of ITWeb TV, Kitso Lemo, associate director at Boston Consulting Group, discusses how technology is reshaping payments in South Africa and the role of fintech innovation in driving financial inclusion. #Fintech #FinancialInclusion #DigitalPayments
ITWeb TV: R530k up for grabs to solve SARB’s G20 Techsprint hackathon | Episode #102
In this episode of ITWeb TV, news editor Admire Moyo speaks to Lyle Horsley, head of fintech at the South African Reserve Bank, about the upcoming G20 Techsprint hackathon. She also discusses some of the biggest fintech trends the central bank is observing in South Africa. #SARB #Fintech #Cryptocurrency #Payments #Hackathon
The business demonstrates resilience during a challenging economic environment, growing revenue and managing expenses.
While the fintech group’s revenue increased, its EBITDA declined by 3%, to R113.8 million.
The fintech group records revenue of R2.6 billion, which is at the mid-point of its revenue guidance.
Posting a full-year revenue increase of 11%, Lesaka says it will integrate the Adumo and Touchsides acquisitions with its fintech solutions.
2024 is expected to see an explosion of authorised push payment fraud and wider adoption of banking-as-a-service, predicts LexisNexis Risk Solutions.
Shipment issues and custom duties curtail cross-border online selling opportunities for local SMEs.
The company changes its name, as it looks to expand beyond its payment business and into new technologies like blockchain.
The London Stock Exchange-listed Network International will acquire 100% of DPO Group, which will continue to operate under the same brand.
The number of mobile payments authenticated by biometrics will rise to nearly two billion this year, up from just over 600 million in 2016.