SunTrust Bank Nigeria was granted the ISO/IEC 20071:2013 and Payment card industry data security standard (PCIDSS) certifications for its standards on data security
Mobile
African payments company MFS Africa raises US$4.5mn in series B funding
Mobile payment gateway provider MFS Africa said it has raised US$4.5mn in a Series B funding round led by Chinese venture capital LUN Partners Group
Tigo Tanzania receives global mobile money certification
Tigo Tanzania’s mobile financial services business has been granted the GSMA Mobile Money Certification for the provision of mobile financial services to its customers
Liquid Telecom South Africa names Reshaad Sha as CEO
Reshaad will oversee growth and development of digital services and enhanced network services across South Africa
Fidor and IFC will expand digital financial services in Africa and Latin America
German online bank Fidor has signed a MoU with International Finance Corporation (IFC), a member of the World Bank Group, a move that is seen to expand digital banking opportunities across Africa and Latin America