Author: ITPulse

As a way of telling its customers that we are grateful for the support and patronage, Interswitch, one of Africa’s leading payment technology companies and its global partner, ACI Worldwide hosted its customers in Nigeria for a breakfast session tagged ACI Customer Day in Lagos. At the event with the theme ‘Driving Modernisation of payment Infrastructure in Africa’, Jonas Adams, Managing Director, Interswitch noted that the essence of the event is to help drive stakeholder engagement bonds with its biggest customers, which are the banks, fintechs and the government. He explained that the partnership between Interswitch and ACI Worldwide has…

Stanley Anigbogu, a 22-year-old student from Onitsha, Anambra State, Nigeria has been included in the top 50 shortlist for the Chegg.org Global Student Prize 2022, an annual $100,000 award to be given to one exceptional student that has made a real impact on learning, the lives of their peers and on society beyond. Stanley, who is currently studying Multimedia Development on full scholarship at The National School of Applied Sciences, Kenitra, Morocco, was selected from almost 7,000 nominations and applications from 150 countries. The Varkey Foundation partnered with Chegg.org to launch the annual Global Student Prize last year, a sister award to…

A new cross-operational unit tagged Sophos X-Ops, which links SophosLabs, Sophos SecOps and Sophos AI has been launched by Sophos, a global leader in next-generation cybersecurity. The launch of the 3-legged Sophos X-Ops will help organizations better defend against constantly changing and increasingly complex cyberattacks, as it leverages the predictive, real-time, real-world, and deeply researched threat intelligence from each group, which, in turn, collaborates to deliver stronger, more innovative protection, detection and response capabilities. Speaking on the launch of the service, Joe Levy, Chief Technology and Product Officer at Sophos, noted that modern cybersecurity is becoming a highly interactive team…

9Payment Service Bank (9PSB) and SeerBit, a pan-African enterprise payment platform, have entered into a strategic partnership to facilitate seamless access to financial services for individuals and businesses in Nigeria. 9PSB and SeerBit will co-create a seamless payment and omnichannel banking ecosystem that aggregates and simplifies transactions for banking agents, merchants, end consumers, and businesses. This partnership creates a unique opportunity to deploy a home-grown solution that sets out a roadmap for the digitisation of payments and enables the ecosystem to close the financial exclusion gap. Speaking on the partnership, Branka Mracajac, CEO of 9PSB remarked that 9PSB is committed…

Payment technology and card business operator, Verve International has signed Ivorian-based eCommerce and merchant aggregator, CinetPay into the Verve ecosystem, the Chief Executive Officer CEO of Verve International, Vincent Ogbunude said in a statement. “We are pleased to welcome CinetPay to the Verve network – the next in a series of strategic African FinTech partners we are welcoming into our network. As the leading pan-African payment scheme, our focus remains to rapidly expand and deepen our network by partnering with FinTech companies, switches, processors, banks, merchant aggregators, and regulators. CinetPay is one of such partners and we look forward to…

African Export-Import Bank (Afreximbank) has announced a grant to Grand Africa Initiative (GAIN) to train two hundred young African entrepreneurs on entrepreneurship and intra-African trade over a three-month period starting July 2022. The GAIN-Afreximbank Masterclass on Entrepreneurship and Intra-African Trade is a three-month programme designed to equip participants from across the continent with the skills to grow and expand their businesses across borders. The participants will also gain key insights on existing business opportunities while developing trade finance management skills, integral for building partnerships that leverage the opportunities of the African Continental Free Trade Area (AfCFTA). A faculty of experts…

The resumption of the MTN Y’ello Care Campaign, its flagship staff volunteer programme is to upskill local communities with digital skills training and development, boosting economic activity and involvement, MTN Nigeria said in a statement. With interventions themed “Empowering Communities to Drive Economic Recovery”. The campaign will support the delivery of MTN’s Ambition 2025 strategy and in particular the strategic priority to ‘create shared value’ by fostering digital skills for job creation in Nigeria. Encouraging MTNers to participate in this year’s campaign, Chief Corporate Services Officer, MTN Nigeria, Tobechukwu Okigbo asked employees to “Commit to doing the right thing for…

Juniper Research’s new study has projected that the total number of tokenised payment transactions will rise from 680 billion as of this year to over 1 trillion globally by 2026, representing a 58percent growth. According to the study, the growth in the four years can be attributed to the rise of ‘one-click’ solutions, such as Click-to-Pay, using card-on-file tokenisation to store a customer’s payment credentials; enabling them to auto-fill their checkout details and complete transactions via a single click. The study noted that tokenisation protects customers’ payment credentials when stored; replacing sensitive data with token values that hold no intrinsic…

A global leader in omnichannel communication, Infobip last week in Lagos, South-West Nigeria, during its Comms API Meetup engaged developers, especially startups about the company’s Application Programming Interface (API). At the Meetup held at the Landmark Centre, Infobip introduced its products, services and its Developer Experience Department. Welcoming the developers to the Meetup, Olatayo Ladipo-Ajai, Regional Manager, Infobip West Africa, noted that Infobip decided to host the Meetup owing to the large developer community that exists in Nigeria, especially Lagos. He explained that a lot of startups want to hit the ground running, but since they cannot develop from scratch…

Ehizua Hub, an Australian education and creative technology hub, has sealed a deal with Sterling Bank Plc to bridge the financial gap in accessing online and on-campus quality Australian education. The parties disclosed this in a statement on Friday. “Sterling Bank has integrated Ehizua Hub to EdPay via its Edubanc platform to allow the bank to provide services, including credit facilities and other value-added services. As part of the agreement, the bank will underwrite students’ loans to fund Ehizuahub courses listed on EdPay. “Students onboarded by Ehizua Hub will access a flexible 12-month loan from Sterling Bank to fund creative…