Ozow said the API-based approach removes the need for customers to share banking credentials or complete manual EFT processes. South African fintech company Ozow has partnered with First National Bank (FNB) and Rand Merchant Bank (RMB) to launch a payment API designed to improve account-to-account payments by replacing traditional electronic fund transfer (EFT) processes with direct…
Tendi Nyathi, chief risk and governance officer at Ozow. South African payments company Ozow has appointed Tendi Nyathi as chief risk and governance officer, effective 1 April. Nyathi moves from her current role as chief legal officer into the newly created position, which consolidates governance, risk and legal functions under a single leadership role. “Regulation…
Fintech company Ozow has appointed Catherine Korsten as Chief Growth Officer (CGO), effective January 2026. Catherine Korsten | image supplied Korsten joins the executive team with nearly two decades of experience across traditional finance, portfolio management and payments. In her new role, she will lead Ozow’s expansion strategy, with a focus on strengthening Ozow’s position…
Rachel Cowan, interim CEO at Ozow. South African fintech firm Ozow says it has achieved a first in the country’s digital payments space by implementing the real-time payment feature, PayShap Request, in a live environment. The company claims the functionality represents the country’s first South African Reserve Bank (SARB)-endorsed interoperable account-to-account payment rail (the infrastructure…
