Intelligent CIO Africa Issue 102 | Page 51

CASE STUDY

BankservAfrica is Africa’ s largest automated clearing house and a cornerstone of the continent’ s financial infrastructure. With over 50 years of experience, the company plays a pivotal role in modernising the payments ecosystem by enabling secure, efficient, and reliable transaction processing across South Africa and beyond.

Headquartered in Johannesburg, BankservAfrica
serves as a trusted partner to banks, financial institutions, payment service providers, and government entities. Its core mission is to ensure the seamless flow of money and information, supporting economic growth and financial inclusion through innovative payment solutions.
The organisation is committed to driving digital transformation in the financial sector. It offers a wide range of services, including interbank clearing, real-time payments, and data-driven insights, all underpinned by robust governance and regulatory compliance. BankservAfrica also plays a strategic role in shaping the future of payments through collaboration with industry stakeholders and regulatory bodies.
As a purpose-driven organisation, BankservAfrica is focused on building a resilient, inclusive, and futureready payments infrastructure for Africa. Its legacy of trust, innovation, and operational excellence continues to position it as a leader in the evolving digital economy.
Left: Sindiswa Tshabalala, Manager Scheme Realtime Payments, PayShap, BankservAfrica
Right: Bruce Turvey, Executive, Change Logic

RAPID PAYMENT

PLATFORMS ARE ALSO KNOWN AS INSTANT PAYMENT SYSTEMS

THAT ENABLE IMMEDIATE TRANSFER

OF FUNDS BETWEEN BANK ACCOUNTS.

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