Managers of Wealth Africa

Afin Bank secures licence to serve African diaspora in the UK

It will offer residential and buy-to-let (BTL) mortgages to people living in England and Wales

Banks slashing jobs in South Africa

Over the same period, Absa’s staff count dropped from 28,296 to 27,085, representing a 4.3% reduction.

Mobile Money accounts surpass 65 million, transactions exceeding GHS 1.9 trillion BoG

The Bank of Ghana underscores the critical role of Rural and Community Banks (RCBs) in the national financial inclusion agenda.

Cybercrime warning in South Africa

Overall, the total number of cyber claims in 2024 is expected to stabilise, following a 30% increase in frequency during 2023, which resulted in 700+ claims.

Afreximbank pushes for AI-driven compliance to boost African trade

Our goal is to make regulatory adherence more efficient and robust by leveraging AI technology.

Standard Bank’s massive cybersecurity team

Standard Bank spends more than R1-billion/year keeping its systems safe from attackers.

Capitec warns about fraud and scams targeting customers in South Africa

BusinessTech spoke to Capitec to hear what the most common types of banking scams they are seeing are at the moment.

Standard Bank, Absa and Nedbank are hunting for South Africans with these skills

The rapid adoption of digital banking in South Africa is mainly due to increased mobile penetration, growing access to the Internet, and a rising consumer appetite for convenience and efficiency.

Old Mutual Connect is South Africa’s latest MVNO

Old Mutual has joined the growing number of South African banks and financial services companies in launching an MVNO.

Capitec Connect ‘SA’s fastest-growing mobile business’

Could fibre be the next frontier?

Mastercard and Amazon Payment Service join forces in Middle East and Africa

Mastercard and Amazon Payment Services have signed a multi-year commercial partnership agreement to digitize payment acceptance in Middle East and Africa

Firm Floats Seamless Multi-currency Banking Solutions

We believe that by offering multi-currency accounts and utilizing advanced AI, we can create a more inclusive and efficient banking system for all.”

Access Holdings: Pioneering customer-centric innovation in financial technology

Access Bank has consistently demonstrated its commitment to being customer-centric by leveraging advanced technologies

The best digital banks in South Africa in 2024

Users also demand a seamless, trouble-free experience with comprehensive and high-quality features.

Pension scam warning for South Africa

Whittaker said cybercriminals frequently target retirees, as they will likely have access to capital through retirement savings.

Bank digitizes services to promote financial inclusion

This campaign reflects the bank’s strategic objective to digitize its products and services

Africa needs $3.4 trillion in infrastructure for digital era: Standard Bank CEO

Sim Tshabalala of Standard Bank told Semafor’s Alexis Akwagyriam that “there’s no question” Africa has an infrastructure deficit that has to be dealt with before a digital transformation can take place.

Ghana places 4th with largest growth in digital bank account in Sub-Saharan Africa

The country saw a growth of more than 40% in the digital bank account (including mobile money) between 2011 and 2022 to a little over 60%.

From ATMs to AI: South African Banks and the Digital Revolution

The South African banking sector has been no exception to this trend and has, in fact, emerged as a global leader in the adoption of new banking technologies.

South Africa: Discovery's digital bank narrows losses, focuses on organic growth

Discovery, which reported annual results on Thursday, said the digital bank, launched in 2021, narrowed its loss by 41% to R454m

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