Managers of Wealth Africa

Fintech impacts on traditional banking

One of the most significant impacts fintech has had on traditional banking is the reshaping of customer expectations.

PayU GPO launches A2A payments in Nigeria; appoints SA country head

This investment reflects PayU GPO’s broader strategy to drive financial inclusion and modernise the continent’s payment infrastructure while responding to rapidly shifting consumer preferences.

AI, cloud solutions fueling growth-SAP experts

SAPHILA 2025 takes place as organisations across the continent increasingly leverage cloud and AI-powered technologies to break through traditional limits and explore new frontiers of innovation

31% of Kenyan banks ready to deal in cryptocurrency: CBK

Virtual assets are digital representations of value that can be traded, transferred, and used for payment or investment, often traded through decentralized systems like blockchain.

Scam warning to people with bank accounts in South Africa

These scams, particularly phishing, have become increasingly complex and are now targeting South Africans beyond their financial life.

South Africans hit by wave of sophisticated banking scams

Criminals are increasingly using extortion, e-mail and text scams to target South Africans, Standard Bank has warned.

Ghana is the fastest growing mobile money market in Africa – Bawumia

“Ghana is the first country in Africa and one of a very few in the world to achieve this type of interoperability between bank accounts and mobile wallets,” Dr. Bawumia stated.

Digital boom drives demand for AI skills

The report noted that 90 per cent of surveyed companies are facing negative consequences from the shortage of AI expertise

Meta’s exit may devastate 20m MSMEs – IT firms

They further noted that such an exit would erode tax revenues and force businesses to seek costly alternatives, as a $290m fine dispute with regulators intensifies.

Why cybercrime is a bigger concern than load shedding in South Africa

ESET’s bi-annual Threat Report, which collected data between June and November 2024, showed that over 40% of ransomware attacks on the continent occurred in South Africa.

Major win for South African tech company

Shareholders also had the option to sell for R7 plus one Novus share, or trade one Mustek share for two Novus shares.

Experts claim central bank digital currency can curb financial crime

It has all the features of other digital currencies like Bitcoin, except it is regulated by the government.

Government Banks On Use of AI to Reduce Occupational Hazards

These are the areas that require artificial intelligence so that we relieve the human workers’ burden associated with hazards in their line of work,” said Dr. Muruka.

FNB fraud alert for online shoppers in South Africa

Some of the most common techniques criminals use include creating fake websites, which use almost identical web addresses or URLs as those customers are used to.

Standard Bank launches Yours247 digital campaign

The Digital Platform has incorporated features which will allow those with basic mobile phones to access the bank even in remote areas.

Global mobile money accounts exceed two billion with transaction values reaching $1.6 trillion

According to the report, transaction volumes and values for mobile money accounts experienced robust double-digit growth in 2024

Global Finance Names The Innovators 2025 – The Most Innovative Banks and the Most Innovative Financial Technology Companies

This is Global Finance’s twelftth annual awards program recognizing entities that regularly identify new paths and design new tools in finance.

FinTech