09/23/2020
Standard Bank to use Contour letter of credit blockchain
Contour was founded by seven banks, Bangkok Bank, BNP Paribas, CTBC Holding, HSBC, ING, SEB, and Standard Chartered.
FinTech
09/22/2020
TrustQuay forges forward signing 4 new technology deals
The new technology deals signed by TrustQuay are to put in place new administration and accounting platforms
09/21/2020
Sujimoto bags the Tech Times’ Africa LinkedIn Corporate Brand Awards 2020, amongst other Giants
All they had was a dream and a passion to redefine luxury living in Nigeria.
09/20/2020
Why Africans are fast using Bitcoin for payment transfers
In recent times, the use of Bitcoins for payment transfers has fast increased in the continent.
09/18/2020
OPay and WorldRemit partner to offer International Mobile Money Transfer Service
Partnership ensures customers continue to make affordable money transfers to family and friends.
09/18/2020
China is pushing its currency into Africa through fintech partnerships
These initiatives will ultimately enhance the current payment landscape and in turn, improve the lives of the mass markets in Africa.
09/17/2020
How Cryptocurrency-Based Companies Like Patricia are Shaping the Digital Currency Market in Nigeria
The devaluation of currencies sometimes bolsters a population’s desire for cryptocurrency.
09/17/2020
How Covid-19 is catalysing race for e-banking
Nairobi County registered the highest decrease with the number of physical banking outlets dropping by 11 branches.
09/16/2020
Nedbank launches updated Money App Lite
The Nedbank Money App Lite is a progressive web app, which means it never has to be updated.
09/16/2020
Amana Bank turns to Path Solutions for legacy IT replacement
The new digital software will provide instant 24/7 service availability with fast, inexpensive, easy and convenient online banking, frictionless payments and transfers, personalization, engagement and retention.
09/14/2020
Virtual Assets Red Flag Indicators of Money Laundering and Terrorist Financing
In response, the FATF Report Virtual Assets - Red Flag Indiciators of Money Laundering and Terrorist Financing will help national authorities detect whether virtual assets are being used for criminal activity.
09/13/2020
Africa’s digital economy: Nigeria leads in legislation compliance
As the world enters more complexity in the taxation of highly digitalised businesses, it will be up to policy direction to ensure that African countries do not lose out, he stressed.
09/13/2020
Are SA Telcos Barking Up The Wrong Tree By Taking A Belated Stab At Fintech?
In other words, M-Pesa was ill-suited to the needs of the peculiar South African market.
09/11/2020
Corruption imposes additional barrier to digital identity in South Africa
The key challenge remains not if we have the best tools to fight fraud, but if we have the best tools to fight the roots of corruption, and how to tackle social engineering with the best technology that can prevent this immorality and fraud from re-occurr
09/11/2020
Fidelity Bank Introduces Ghana's-First Global Payments Innovation For Safer International Payments
"Nearly 50% of all GPI payments are credited to end-users within 30 minutes and over 90% within 24 hours," he said.
09/11/2020
Nedbank launches updated Money App Lite
Consumer feedback and the strong market appetite since the launch have moved Nedbank to take the next step of adding more features to the Nedbank Money App Lite
09/11/2020
FNB’s digital platforms show resilience amid COVID-19
It is against this backdrop that the bank’s pre-tax profit declined 30%, mainly driven by a significant increase in credit impairments, says the bank.
09/10/2020
Crealogix and IBM collaborate to help banks accelerate digital transformation
With a total of 150 years of experience between them, two industry leaders in the banking industry are helping their customers take advantage of the latest developments in user experience design, innovation and cloud technologies.
09/10/2020
DCG’s recent acquisition will be of significant financial commitment to support Luno expand worldwide.
Luno has helped broaden the global crypto investment community and the company has seen record growth of its customer base in 2020.
09/10/2020
Nigeria’s new fintech Sparkle plans to distribute general insurance products
Nigeria’s insurance penetration rate of less than 1% lags behind that of regional peers and the industry contributes only 0.3% to GDP.