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Africa

Welcome to the News View for "Africa".

Here, on these archive pages, you'll find all of the articles on Payments News for Africa listed in date sequence beginning with the most recent article at the top of the page.

Click here for a complete listing of what's available in the Payments News Archive - organized by both posting date and subject category.

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April 23, 2014

Headline News from PaymentsNews.com - April 23, 2014

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Updates from Glenbrook:

April 09, 2014

Headline News from PaymentsNews.com - April 9, 2014

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April 02, 2014

Headline News from PaymentsNews.com - April 2, 2014

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March 25, 2014

Headline News from PaymentsNews.com - March 25, 2014

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March 13, 2014

A Look at the Evolution of Payments in Southern Africa

PaymentsViews logo 140pxIn a new post titled How to Get Along and Do Good on our PaymentsViews blog, Glenbrook's Elizabeth McQuerry writes about recent developments with payments in southern Africa led by the efforts of the Southern African Development Community (SADC).

Building on a new base of real time gross settlement (RTGS) systems in most countries (efforts supported by the World Bank), the central bank governors in the SADC countries agreed back in 2009 to deploy the additional infrastructures needed to easily exchange bank to bank payments among the SADC countries. These systems have become a regional inter-bank settlement system and a regional clearing capability for EFT credits and debits.
Be sure to read the rest of her post and comment here.

March 07, 2014

Headline News from PaymentsNews.com - March 7, 2014

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March 04, 2014

Headline News from PaymentsNews.com - March 4, 2014

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February 11, 2014

Headline News from PaymentsNews.com - February 11, 2014

The second edition of our book "Payments Systems in the U.S." has just been published. It's available in print from Amazon.com and in an ebook version for your iPad.

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February 03, 2014

Headline News from PaymentsNews.com - February 3, 2014

The second edition of our book "Payments Systems in the U.S." has just been published. It's available in print from Amazon.com and in an ebook version for your iPad.

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January 30, 2014

Headline News from PaymentsNews.com - January 30, 2014

The second edition of our book "Payments Systems in the U.S." has just been published. It's available in print from Amazon.com and in an ebook version for your iPad.

On the Web:

  • Amazon’s Ambition in Physical Retail May Go Way Beyond Payments - Re/code.net - "The goal is to make this new collection of tools and services as critical to brick-and-mortar shops as its Amazon Web Services offering has become to online businesses."
  • Apple introduces us to a Major Financial System Beyond iWallet - Patently Apple - "On January 30, 2014, the US Patent & Trademark Office published a major patent application from Apple that reveals a new financial Systems Integration System." Meeting the Needs of Non-Traditional Consumers and Achieving Scale with Mobile Contactless Payments in the U.S. - Federal Reserve Bank of Boston - Mobile Payments Industry Workgroup - "In November 2013, the Mobile Payments Industry Workgroup (MPIW) met with academia, government, non-profits, card networks, mobile wallet providers, transit authorities, issuing banks, and retailers to gain a better understanding of fundamental consumer mobile payment adoption issues by exploring how mobile financial services and payments can meet the needs of non-traditional consumers and what is needed to achieve scale in the U.S. mobile payments market. The findings in this paper are based on the discussions at this meeting and include panelists' views on mobile technology and financial access considerations for the underserved consumer, broader consumer market adoption for mobile retail payments, and the transformational role of mobile technology for financial services."
  • Visa CEO Doesn’t See Bitcoin As Business Threat - CoinDesk - "Visa CEO Charlie Scharf offered his opinion of bitcoin and other emerging virtual currencies on 30th January in a conference call discussing Visa’s first-quarter fiscal earnings."
  • Fred Wilson's 5 Predictions for the Future of Your Money - Inc. - "If you like the way Wilson makes bets with his venture-capital fund, Union Square Ventures, which has invested in Etsy, Tumblr, and Twitter, you might just like the way he thinks about the future of currencies."
  • Why Bitcoin is here to stay - ZDNet - "...the drivers are simply too powerful - crypto-currency is around to stay and the changes to our global economy because of it will be staggering. So take a reality pill and strap in."
  • Coinbase and Mint Announce First Bitcoin Personal Finance Integration - "This partnership marks a milestone in the ongoing evolution of bitcoin as Mint becomes the first personal finance and money management tool enabling users to view their bitcoin transactions."
  • PayPal Wants Role In Apple’s Mobile Payments Dreams - Re/code.net - "Three payments industry executives tell Re/code that eBay-owned PayPal has been pitching Apple on helping the consumer electronics maker bring its long-rumored payments initiative to fruition."
  • Ribbon Takes On Square Cash, PayPal & Others With A Peer-To-Peer Payments Service That Lets You Send Money For Free - TechCrunch - "The difference here, besides not yet being available in a native app format, is that Ribbon works with both debit and credit card users, and will allow you to send payments to others without first having a Ribbon account."
  • Mobile Payments, Electric Cars and the Keys to Driving Change - Re/code.net - "The shared issues between e-cars and smartphone payments boil down to cost of hardware (the phone, the car), infrastructure (networks and merchant acceptance, filling stations), but perhaps most importantly, the catalyst for changing human behavior."
  • GhIPSS Urges Banks to Issue Local Cards - Payments Afrika - "Ghana Interbank Payment and Settlement Systems (GhIPSS) has urged banks to issue more proprietary ‘local’ ATM cards to their customers. Historically most banks in Ghana would issue international cards..."

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Updates from Glenbrook:

January 24, 2014

Headline News from PaymentsNews.com - January 24, 2014

Next Glenbrook Payments Boot Camps: Feb 4-5 in Palo Alto, CA; March 18-19 in New York City. Alternatively, you can request a private Payments Workshop held on-site at your location.

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December 18, 2013

Headline News from PaymentsNews.com - December 18, 2013

Webinar: Managing Cardholder Data Security Risks in an Evolving Payments Landscape - Be sure to join Glenbrook's Bryan Derman, BakerHoestetler's Craig Hoffman and Mandiant's Marshall Heilman for this webinar on January 15 from 2-3:30 PM Eastern time. Registration is now open.

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December 12, 2013

Headline News from PaymentsNews.com - December 12, 2013

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On the web:

  • Coinbase - Chris Dixon - "The press tends to portray Bitcoin as either a speculative bubble or a scheme for supporting criminal activity. In Silicon Valley, by contrast, Bitcoin is generally viewed as a profound technological breakthrough."
  • Fidelity now allows clients to put bitcoins in IRAs - MarketWatch - "Fidelity has partnered with SecondMarket’s Bitcoin Investment Trust to allow its clients to save for their retirement by putting the virtual currency in self-directed IRAs."
  • Mobile Payments Specialist Loop Raises $10 Million in Series A - NetBanker - "But the company's technology breakthrough: the ability to project a short-term magnetic field that impersonates the action of swiping a mag stripe through a card reader, appears likely to deliver on the contactless promise of NFC without the hardware adoption headaches of NFC."
  • The Future of SWIFT: a meeting with Gottfried Leibbrandt - Financial Services Club Blog - "In a stimulating but short presentation, he began by discussing the key elements of change in the SWIFT model, one of which is the ability to pretty much process anything for virtually nothing."
  • EAC partners adopt seamless pay system - The East African - "Kenya, Tanzania and Uganda central banks have interconnected their payment systems offering traders and bank customers an alternative method of sending and receiving money."
  • Bitcoin Law: Compliance and Avoidance Strategies - CoinDesk - "In this multi-part series, I will give a basic primer on the state of US law as it applies to digital currency entrepreneurs."
  • Bitcoin Foundation Officially Launches International Chapters - CoinDesk - "The Bitcoin Foundation has officially rolled out its internationalization programme, signing national affiliates in Canada and Australia..."

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November 04, 2013

Headline News from PaymentsNews.com - November 4, 2013

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Updates from Glenbrook:

  • Looking for consulting help from Glenbrook? Let us know your needs here - and we'll get right back to you!
  • Join Glenbrook's Carol Coye Benson and Scott Loftesness for our Glenbrook Payments Boot Camp on December 10-11th in Palo Alto, California!
  • Glenbrook's Elizabeth McQuerry will be speaking on New Payments Regulation in Brazil at the International Money Transmitter Conference in Miami, Nov 4-7, 2013.
  • Glenbrook's Jacqueline Chilton will be speaking social media and payments at the W.net Northern California LINC Networking event being held November 14 at Google.
  • Join our mailing list for updates about Glenbrook events. Follow us on Twitter: @paymentsnews and @paymentsviews

October 15, 2013

Headline News from PaymentsNews.com - October 15, 2013

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Updates from Glenbrook:

  • Looking for consulting help from Glenbrook? Let us know your needs here - and we'll get right back to you!
  • Join us for our Glenbrook Payments Boot Camp on October 23rd/24th in New York City!
  • Glenbrook's Elizabeth McQuerry will be speaking at this year's NACHA Global Payments Forum on October 17-18 in New York City. She'll be speaking on the topic "Mobile Payments, Interoperability & Faster Funds Transfer". Elizabeth will also be speaking on New Payments Regulation in Brazil at the International Money Transmitter Conference in Miami 4-7, 2013.
  • Glenbrook's Carol Coye Benson will be speaking at this year's American Bankers Association Annual Convention on October 20-22 in New Orleans. She'll be participating in a panel discussion on The Future of the Payments Industry.
  • Join our mailing list for updates about Glenbrook events. Follow us on Twitter: @paymentsnews and @paymentsviews

September 27, 2013

Headline News from PaymentsNews.com - September 27, 2013

On the web:

Updates from Glenbrook:

  • Join us for our new series of Glenbrook Payments Boot Camps coming this October - 8th/9th in the San Francisco Bay Area and 23rd/24th in New York City!
  • Glenbrook's Allen Weinberg and Erin McCune will be at Money2020 in Las Vegas October 6-10 - please reach out to them directly to catch up in person or set up a briefing at the conference. Erin will be moderating an Invoicing, Billing & Collections panel with Bill.com CEO Rene Lacerte, Billtrust CEO Flint Lane and Billhighway Chairman Vince Thomas.
  • Glenbrook's Elizabeth McQuerry will be speaking at this year's NACHA Global Payments Forum on October 17-18 in New York City. She'll be speaking on the topic "Mobile Payments, Interoperability & Faster Funds Transfer".
  • Glenbrook's Carol Coye Benson will be speaking at this year's American Bankers Association Annual Convention on October 20-22 in New Orleans. She'll be participating in a panel discussion on The Future of the Payments Industry.
  • Join our mailing list for updates about Glenbrook events. Follow us on Twitter: @paymentsnews and @paymentsviews

September 03, 2013

Headline News from PaymentsNews.com - September 3, 2013

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On the web:

  • BitMonet: Pay-per-view for the Internet - IEEE Spectrum - "Publishing houses most likely chose this payment model to offset the high processing fees that credit cards bundle into their purchases..."
  • Why Debit Cards Will Survive with Lower Swipe Fees - American Banker BankThink (Mark Horwedel) - "In the hands of the signature networks, debit interchange became a new source of revenue that today is viewed by the banks as a natural right."
  • A Look Back at the History of the Federal Reserve - The Big Picture - "What did the Federal Reserve Act do? According to the preamble of the Act, the intent was “to furnish an elastic currency.”"
  • EMV Is Coming to the United States--Right? - Portals and Rails Blog - "Based on comments I've also heard at recent industry conferences, many of the major card issuers' replacement plans seem to be focused on card replacement for international travelers and high net worth/private banking clients rather than a wholesale card replacement effort."
  • Stripe in Ireland - Stripe Blog - "With Stripe’s launch in Ireland, we’re bringing all our core functionality to every Irish individual and business: instant setup, full control over the user experience, straightforward pricing, and a fully integrated stack."
  • GSMA's MMU releases infographic on the Kenyan experience with mobile money - GSMA Mobile Money for the Unbanked Blog - "The Kenyan Journey to Digital Financial Inclusion is an infographic that chronicles the development of mobile money in the country tracing how policy decisions and product innovations worked together to connect three quarters of the Kenyan people to electronic payments and other products."

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Updates from Glenbrook:

August 20, 2013

Headline News from PaymentsNews.com - August 20, 2013

On the web:

  • Mobile payment: what will it really look like? - The Telegraph - "Meanwhile, payments are vanishing into apps, and that’s gaining ground. Mobile payments are taking off, just not in the way that people thought."
  • The Debt Collection Company that Helps You Get a Job - HBR Blog - "We've got to do more than hope they hear about a job, let's help them find one."
  • Bitcoin now 'unit of account' in Germany - Guardian - "Germany's ministry of finance has formally recognised the digital currency Bitcoin as a "unit of account" which can be used for private transactions..."
  • PayPal under attack.. Not just Facebook… - FinVentures (Tom Noyes) - "The strategic threat for Paypal is that the nature of competition is changing as advertisers and channels couple payments with other services (social, community, advertising, …) to deliver a better COMMERCE experience through insight into customer data."

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Updates from Glenbrook:

August 06, 2013

Headline News from PaymentsNews.com - August 6, 2013

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August 05, 2013

Headline News from PaymentsNews.com - August 5, 2013

On the web:

  • We can’t make good coffee, but we can simplify payments - VeriFone Blog - "By leveraging many of the same technologies that helped to catalyze payment innovation, combined with forward-looking products that simplify the complexity inherent in payments, VeriFone is changing the model by which its customer and partners leverage new technology while easing the burden of adoption and deployment."
  • Mobile Chat Has a Place in Every Banking App - American Banker BankThink (Simon Zhen) - "Mobile chat, which is essentially text messaging with a bank associate, is less formal than an email and less time-consuming than a phone call."
  • Tune In to TMG’s New Podcast: The Future of Payments - TMG Blog - "As new competitors and new technology permeate the payments industry, financial institutions (FIs) must look for solutions to keep their brands relevant and attractive to consumers."

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Updates from Glenbrook:

July 31, 2013

Headline News from PaymentsNews.com - July 31, 2013

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July 25, 2013

Headline News from PaymentsNews.com - July 25, 2013

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July 08, 2013

Headline News from PaymentsNews.com - July 8, 2013

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Upcoming from Glenbrook:

  • Summer Camp! - A special summer session of our popular Payments Boot Camp - in Half Moon Bay on August 6th and 7th... Also, an optional half day course on Data In Payments - August 8th, also in Half Moon Bay. Join Carol, Scott and Russ for lively, interactive sessions - register now!
  • Follow Glenbrook Partners on LinkedIn! -

July 03, 2013

Headline News from PaymentsNews.com - July 3, 2013

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Upcoming from Glenbrook:

  • Summer Camp! - A special summer session of our popular Payments Boot Camp - in Half Moon Bay on August 6th and 7th... Also, an optional half day course on Data In Payments - August 8th, also in Half Moon Bay. Join Carol, Scott and Russ for lively, interactive sessions - register now!
  • Follow Glenbrook Partners on LinkedIn! -

June 27, 2013

Headline News from PaymentsNews.com - June 27, 2013

On the web:

On the wires:

Upcoming from Glenbrook:

  • Summer Camp! - A special summer session of our popular Payments Boot Camp - in Half Moon Bay on August 6th and 7th... Also, an optional half day course on Data In Payments - August 8th, also in Half Moon Bay. Join Carol, Scott and Russ for lively, interactive sessions - register now!
  • Follow Glenbrook Partners on LinkedIn! -

June 19, 2013

Headline News from PaymentsNews.com - June 19, 2013

On the web:

On the wires:

Upcoming from Glenbrook:

  • Summer Camp! - A special summer session of our popular Payments Boot Camp - in Half Moon Bay on August 6th and 7th... Also, an optional half day course on Data In Payments - August 8th, also in Half Moon Bay. Join Carol, Scott and Russ for lively, interactive sessions - register now!
  • Follow Glenbrook Partners on LinkedIn! -

June 04, 2013

Headline News from PaymentsNews.com - June 4, 2013

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June 03, 2013

Headline News from PaymentsNews.com - June 3, 2013

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May 24, 2013

Headline News - May 24, 2013

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Note: Headline News is compiled by Glenbrook Partners. Throughout the day, as we spot interesting developments, this post is updated.

May 21, 2013

Headline News - May 21, 2013

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Note: Headline News is compiled by Glenbrook Partners. Throughout the day, as we spot interesting developments, this post is updated.

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