Managers of Wealth Africa

Understanding generative AI and its impact on payment fraud in South Africa

In the realm of business transactions, generative AI fuels a new era of payment fraud

Postbank’s IT systems overhaul nears completion

“Progress has been made in this regard and the project is 70% complete,” reads the minister’s reply.

Kenya’s Cyber Security In The Digital Landscape

This digital transformation extends beyond the telecommunication and financial sector to the public sector, where the Kenyan government has digitized a substantial portion of its services through the e-citizen platform, offering 14,000 services.

BoG affirms commitment to launch e-Cedi before 2026

He further explained that after successful completion of the pilot phase in Sefwi Asafo, discussions on the e-Cedi’s commercial aspects were initiated.

South African neobank TymeBank hits profitability

Retail Capital, a division of TymeBank, is also positioned as the largest SME funder of its kind in the sector.

Firms are going cashless in SA: Reserve Bank

Retailers are not obliged to accept cash as a means of payment, even though it is defined as legal tender

Online banking fee comparison — Capitec beats Absa, FNB, Nedbank, Standard Bank

As a result, many South Africans no longer have to visit bank branches to make payments, get statements, or dispute debit orders.

KQ suffers passenger data breach in cyber attack

Cybercriminals attacked Kenya Airways’ (KQ) information systems and obtained sensitive information.

With Onyeagwu, Zenith Extends Digital Banking Leadership

The bank is verifiably a leader in the deployment of various channels of banking technology

AI ties Africa needs with tech giants

Neglecting to act poses the risk that individuals in New York or Beijing could possess more accurate insights into markets of countries like Kenya than the local population.

Zenith Bank emerges best bank for digital solutions in Nigeria in the Euromoney Awards 2023

Euromoney’s Awards for Excellence are one of the most highly coveted awards that matter to the banks and bankers who matter.

How the Visa Africa Fintech Accelerator is Igniting Payments Innovation Across the Continent

Each startup gets personalised mentoring from indus

EMTECH pilots Web3-based digital cash infrastructure solution with Bank of Ghana

EMTECH's digital cash infrastructure serves as a base, aiming to ensure that cash is easily accessible, interoperable, and trusted in this era.

Circle Joins Fuze in Expanding Adoption of USDC Across Middle East, Africa and Turkey

This includes securing robust regulation and licensing and receiving the largest seed funding round for a digital assets start-up in MENA history.

5G users in Kenya on steady rise of 13pc in three months

This points to an enhanced consumer appetite for high Internet speeds in the wake of rapidly evolving technological advancements.

GCB, Modefin receive Most Impactful Project Award at IBSi GFIA 2023

“It is an immense pleasure to receive this recognition, particularly as GCB Bank, the largest Ghanaian bank, commits to promoting financial inclusion."

Tech giants train sights on user revenue after advertising hits peak

On its part, YouTube launched its first-rate products

The crime seeing 1,200% growth in South Africa

The AI-powered fraud is most prominent in the crypto sector, with 88% of all deepfake cases detected in 2023, followed by fintech (8%).

Building a technology stack for your business in 2024

Investing in technology then has helped them withstand the hardships of the pandemic but has also set them up well to handle ongoing challenges.

Crypto: The next big adoption challenge for African banks?

The award speaks to the power of stablecoins and this technology, especially in Africa.

FinTech