Managers of Wealth Africa

Africa’s big banks are betting on fintech startups and bitcoin to beat disruption

You have a headwind from Silicon Valley and Europe blowing into Africa now around the disruption in fintech.

It's Time for Banks to Make East Africa an Electric Payment Society - EY

Banks have leveraged off the success of mobile access growth on the continent which has in turn broadened financial inclusion.

African Dev Bank, Gates Foundation plan digital finance fund

As an example of the rapid growth of e-banking services, the West African Central Bank recently revealed that there were 346.9 million financial operations worth XOF 5.13 trillion in the first nine months of 2015.

Cashless Africa the Answer to Financial Inclusion

These localized technology solutions is what will bring financial services to Africa’s unbanked and under-served faster than traditional methods.

Africa: Mobile Phone Users in Nigeria, South Africa, Kenya Hit 700 Million

According to a report by the International Telecommunication Union (ITU), mobile technology has played a crucial role in promoting financial inclusion in SSA, where less than 20 per cent of households have access to formal financial services.

Albaraka Announces Successful Implementation of Finacle Banking Solutions

"The new technology platforms will enable the bank to extend its service offering and geographical scope as it seeks to bring banking services to more and more people.”

UBA Bank customers get mobile banking, savings services with Airtel Money

Kenyans are now able to open and operate Savings Account with UBA bank from the convenience of their Airtel Kenya mobile phones.

Nigeria’s Unity Bank goes live with Fiserv’s Corillian Online for retail banking

Somefun adds that the bank is already working on adding more functionality, including business banking services.

Namibia joins Africa's mobile phone banking boom

In terms of the percentage of use of mobile accounts by those over 15 years, Namibia ranked 10%, Kenya just below 58% and Uganda 38%.

Standard Bank moves on digital transformation

Digital Skills Academy’s European-university accredited one-year International BSc degree programmes in digital skills

South African Payments Market Roaring

Mercator Advisory Group releases new research profiling South Africa's prospects as an emerging payments market.

Bravura Launches Sonata CPPI Module With Integrated Risk Management Hedging

Barclays first bank to offer client risk management solution through Bravura platform that supports individualised protection for investment portfolios

Bank: Access ATM without a card

Cash machines can be operated with help of cell phone

Kenya: Equity Enters Deal to Beef Up Cyber Defences

The new service enabled a mobile phone user to access their bank account on a secure platform

Tanzania Fails to Gain From Digital Wealth

A new World Bank report says while developed economies have immensely benefited from digital technologies, Tanzania and many other developing countries have not.

Equity Bank, an African financial services powerhouse, chooses Entersekt to protect its digital channels

Equity Bank is a subsidiary of Nairobi-headquartered Equity Group Holdings.

Experts share insights on modernising process-centric solutions

The future leaders of current volatile markets will differentiate themselves by combining people, processes and technology in new innovative ways, focusing on customer-centric solutions to service customers, how and when they want

Housing and Development Bank Chooses Wolters Kluwer Financial Services For Multiple Solutions

Major Egyptian bank opts for OneSumX

JSE firm snaps up Document Bank Botswana

Executives said the Botswana purchase was part of an overarching Africa expansion strategy.

This little black box could change the internet in Africa-- here's why you should care

Founded in 2013, the tech innovators are the brains behind a tough-as-nails modem designed for harsh environments with limited connection and power.

FinTech