Mambu has launched Intelligent Core, a new strategic vision and technology architecture designed to bring core banking, payments and agentic AI together through a single open and composable platform. The company says the architecture addresses a growing challenge for financial institutions: adopting AI on top of legacy banking cores that were not designed for real-time…
Standard Bank Group and UnionPay International have expanded UnionPay e-commerce acceptance to nearly 900 merchants across Botswana, Ghana, Kenya, Malawi, Namibia, Tanzania, Uganda, Zambia and Zimbabwe. The expansion enables participating businesses to accept secure online payments from UnionPay cardholders in local currency, US dollars or both, depending on market requirements. The capability is expected to…
Standard Bank Malawi plc has been named the Best Bank in Malawi at the 2026 Euromoney Awards for Excellence, while Standard Bank Group operations secured 17 awards across 12 African countries. The recognition highlights the group’s performance, financial services innovation and focus on delivering solutions tailored to customers’ evolving financial needs. Standard Bank Malawi Chief…
Emirates NBD has agreed to acquire HSBC Egypt’s retail banking business through its wholly owned subsidiary, Emirates NBD Egypt, expanding its presence in one of Africa’s largest banking markets. The transaction includes HSBC Egypt’s retail banking portfolio, branch and ATM network, customer base and relevant employees. While the financial terms were not disclosed, HSBC said…
GoTyme Bank has been named Africa’s Best Digital Bank 2026 by Euromoney, recognising its rapid growth and innovative approach to digital banking that has attracted 13 million customers in South Africa. Formerly known as TymeBank, the bank has become South Africa’s fastest-growing digital bank and was among the fastest digital banks globally to achieve profitability….
29th Connected Banking Summit Opens in Addis Ababa to Drive Digital Finance Transformation The 29th Connected Banking Summit & Innovation & Excellence Awards has opened in Addis Ababa, bringing together banking executives, regulators, policymakers and technology providers to explore the future of digital financial transformation in Ethiopia and emerging markets. Held at the Ethiopian Skylight…
Standard Bank Connect, the MVNO arm of Standard Bank, has expanded its digital connectivity offering with the launch of an eSIM service, marking a key milestone in its strategy to deepen integration between banking and telecommunications services. The move follows strong growth, with the platform now serving around 350,000 customers since its relaunch from Standard…
Verto has launched a new solution under Verto Business Accounts, designed to empower US-registered businesses with operations in Africa. The initiative allows companies to open USD accounts in their own business name, providing a seamless way to move money between the United States and African markets. This addresses a critical need for businesses facing banking…
