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Premier Bank, a leading financial institution in Somalia, has partnered with Mastercard and Tappy Technologies to unveil Tap2Pay, a groundbreaking payment solution designed to enhance the payment experience for consumers in Somalia. This innovative service leverages near-field communication (NFC) technology to embed payment capabilities into everyday accessories like eyeglasses, rings,…

The Central Bank of Kenya (CBK) is spearheading an ambitious initiative to revolutionize the nation’s payment infrastructure with the introduction of the Fast Payment System (FPS). This groundbreaking system aims to facilitate instantaneous financial transactions across a wide array of financial entities, including banks and payment service providers (PSPs). The…

Safaricom, Kenya’s leading telecommunications provider, has forged strategic alliances with Cloudflare, a renowned international web infrastructure and cybersecurity company, and Copycat, a prominent business technology provider in Africa. This collaboration is designed to fortify Kenyan businesses against contemporary cyber threats and data breaches. The core objective of this partnership is…

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