Managers of Wealth Africa

Safaricom to launch unit trust, new savings service

The giant telco also said that it is awaiting regulatory nod to introduce the new savings product

Investing In Africa During A Pandemic: 3 Tech Sectors That May Be “Recession-Proof”

COVID-19 and economic catalepsy Early projections made out the year 2020 to be the “winning shot” the world so desperately needed. But things have unraveled rather quickly; the world’s now facing a biting recession. Fast rewind to Janu

Covid-19 and African tech startups roundup

SA employers are frustrated with having to put up with the UIF’s ever changing directives around Ters

9.5m Nigerians Use Our USSD Banking Service, Says FirstBank

At FirstBank, we are excited about the impact our innovative solutions are making in the Nigerian payment landscape.

Digital palliative payments, transparency, trust

Governments across Africa are already implementing similar measures to shift a greater proportion of financial transactions to mobile money from cash

Standard Bank acquires 40% of Payment24 Group

It has partnerships with major filling stations in the country.

UBA assures returns on investment as shareholders applaud bank’s support in fight against COVID-19

Shareholders at the meeting commended the board of directors and management of UBA for the proactive role that the Bank has been playing in helping to lessen the negative effects of the Coronavirus pandemic across the African continent.

Kenya is advising citizens to use digital payments

Out of Africa’s 54 countries, only two have yet to report a case of the virus: Comoros and Lesotho.

Banking Apps: Why SC app stands out amongst others

With this account, you can make transfers to other banks in Nigeria seamlessly without adding beneficiary or choose to save the beneficiary for future transfers.

African regulators urged to allow cloud tech in financial services

The report urges African regulators to develop clear policy positions and regulations on data privacy

How banks are going digital to manage COVID-19

Looking beyond the crisis, the document underlines that many of the ‘rapid response’ quasi-digital solutions in place or being put in place currently will be re-examined and likely withdrawn post-crisis

Top seven 2020 Fintech trends in South Africa

Making a return, 2020 will see Bitcoin come into focus.

Cloud-computing solutions can help significantly to reduce banking costs in Africa

Part of the cost problem is that financial institutions in Africa are so much smaller than elsewhere – the biggest bank in Africa (SBSA with assets of $148 billion) ranks 296th globally; most banks in Africa have assets of less than $5 billion.

World FinTech Report 2020

FinTech collaboration is even-more essential now for banks to achieve customer-centricity

Cloud-computing solutions can help significantly to reduce banking costs in Africa

Cloud computing creates an opportunity for providers of financial services to rethink their technology spend and significantly reduce costs

Maitland’s Investran move aligns to our global growth strategy

This ongoing commitment ensures that the system and our reporting capabilities are aligned with the ever-changing regulatory environment and the needs and expectations of our clients.

Private banking meets the public cloud

They need the same flexibility as the larger banks.

A third of banking malware attacks in 2019 targeted corporate users

Over the past three years, the numbers for attacks targeting corporate users remained steady at 24% to 25%.

How adoption of technology can give much-needed boost to insurance

Trade tensions, geopolitical issues and lack of agreement on how to tackle climate change all contribute to a general sense of unease about the future, more so than has been reported in the survey since 2009.

How to make digital meetings feel like face-to-face

It’s fairly straightforward to use, and you can send a client a link so they can speak to you and see any documents you’re sharing.