Managers of Wealth Africa

Nedbank pumps R10bn into IT strategy

Nonetheless, Nedbank says it is making good progress on its digital strategy and aims to be Africa’s number one digital financial services player.

Altron Gets Nod for Acquisition of Ubusha Technologies

“This acquisition was the springboard for the creation of a new division, Altron Security, which will allow us to begin to offer solutions in identity management," Altron chief executive Mteto Nyati said.

Private Equity Firm Pumps $250m Into Pan-African Data Centre Platform Creation

Data Economy understands the deal with RackCentre to be Actis first investment as part of the data centre platform venture.

i2c Expands Presence in Middle East and Africa Due to High Demand for Its Agile Processing

Prior to joining i2c, Khan was VP, Government Business Development for Mastercard in the UAE and Oman

Access Bank to Launch a Facial Recognition Payment System

The new facial platform also enables more convenient payments in merchant locations and faster (withdrawals and transfers) in Access Bank branches.

Big banks and 2FA – What you need to know

MyBroadband asked South African banks whether they employ two-factor authentication for their online banking logins and to perform other functions on these portals.

Credit Bank emerges top in service and digital experience

According to the research KBA and whose results were released during an award ceremony, digital banking platforms continued to be an important channel in 2019.

Fintech startups and PCI DSS compliance: what you need to know [Opinion]

These banks do so in order to increase functionality and create a more attractive model for their customer base.

Luno will now allow customers to trade Ripple on its platform

In 2019, Luno asked a sample of customers which coins they would most like to see added to the platform and the survey found that Ripple was the coin they most wanted to buy.

South African fintech startup Jumo raises second $50M+ VC round

After the latest haul, Jumo has raised $146 million in capital, according to Crunchbase.

Zedcrest Launches New Subsidiary To Offer Digital Wealth Management In Nigeria

A recent guideline from the central bank elongates the available CBN futures yield curve to 5 years from 12 months.

Innovation spurs banking transactions growth to the fastest rate in two years

Chief economist at economists.co.za Mike Schüssler said at first glance, the data did not sync with the economic reality.

Egypt’s Oldest Bank Taps Ripple Remittance Solution

Egypt's oldest bank, the National Bank of Egypt is adopting Ripple blockchain remittance solution as blockchain utilization spreads.

Nedbank customers can now use Samsung Pay

The platform leverages a pair of useful technologies to facilitate these transactions – NFC and MST.

Standard Chartered leads the way with e-payment solutions

Globally, the dominance of cash payments continues to decline significantly.

South African digital challenger Bank Zero to launch in mid-2020

The bank collaborated with Mastercard teams in South Africa, India, and the US to develop the new proposition. It also utilised the encrypted card security expertise of IBM for the new offering.

S'pore's Tolaram to grow Africa presence with digital banking

'Noodle king' there will use systems, learning, tech from its bank in Indonesia as a blueprint

Inclusive African tech start-ups would yield better ideas, results

Africa-specific data is lacking, but sources suggest only nine per cent of start-ups have women-leaders, and female-led South African start-ups receive only 4.5 per cent of all funding.

UBA Liberia launch Push and Pull Service with MTN Mobile Money

UBA Liberia MD/CEO Olalekan Balogun speaking at the launch, expressed thanks to MTN for the partnership and called on customers to take advantage of the service and begin using it immediately.

Banks need to use technology to drive customer growth according to Microsoft

In Kenya, HF Group was able to establish a scalable, cloud-based IT environment in two months instead of two years compared to an on-premises setup.

FinTech