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Empowering financial innovations around the world

Published on
October 26, 2023

New opportunities in Africa

At ZignSec Group, we are constantly on the lookout for opportunities to work with our clients and share their successes. Recently, our subsidiary, Web Shield, collaborated with Absa, one of South-Africa largest banks and one of our most recent African clients, to create a blog post that sheds light on the remarkable innovations shaping Africa's payment sector.

In this collaborative piece, Web Shield highlights the groundbreaking innovations that are redefining the payment landscape in Africa. The article explores emerging trends, the impact of digitisation, and the financial solutions that are making a real difference. Absa’s insightful comments add depth and first-hand experience to the blog post, which many will find eye-opening.  

Expanding horizons in Eastern Europe

In previous blog posts, we have mentioned a growing market in Eastern Europe, where the ZignSec Group, via Web Shield, has been active for a long time, and where the company is making remarkable strides. In October alone, we signed new clients in Ukraine, Moldova, Kazakhstan, and Serbia. This expansion is a testament to the potential of this region and the opportunities it presents for the ZignSec Group.

Most of these new clients signed up for our InvestiGate and Monitor solutions to strengthen their merchant underwriting and monitoring. We are excited about this growth and eager to invest further in this promising market.

Web Shield at RiskX: uniting for industry excellence

Finally, we cannot overstate the significance of RiskX by Mastercard, one of the foremost events on the compliance and payments conference calendar. Our participation at RiskX has proven to be another invaluable opportunity for us to engage with industry leaders, connect with prospective clients, generate fresh leads, and strengthen our relationships with existing customers.  

This year, our Sales team was represented by Marc Bongers and Annekathrin Felix, who shared their extensive knowledge of the industry with clients and prospects. Meanwhile, Franz Reinhöfer, our Head of Underwriting, brought our conversations to the next level by conducting live demos on the floor.

Once again, we reinforced our position as thought leaders in the field of merchant onboarding, further solidified by the release of our new book, titled 'Mission Compliance - Customer Due Diligence for Payment Professionals', at the conference.

Web Shield’s Franz Reinhöfer and Annekathrin Felix (right) together with Hanna Dovhalska and Olena Dmitriieva from Globus Bank

ZignSec will be at SiGMA in Malta next month, the Heart of iGaming, where we will delve deeper into our industry involvement. Stay tuned for our next blog post.

Invest in the future of RegTech

There are great things on the horizon for the ZignSec Group - be along for the ride.