06/14/2023
Court freezes 45 bank accounts of Nigerian tech firm Flutterwave
The Nigerian nationals have sued Flutterwave, naming six financial institutions that hold the company’s funds as interested parties.
FinTech
06/08/2023
Co-op Bank migrates to Sh7bn Finacle system
The new system was built by Infosys Limited—an Indian multinational IT company.
06/08/2023
South Africa’s biggest companies trust Codehesion with their app development – This is why
Codehesion offers its clients a range of app development services, all delivered by its highly-skilled experts.
06/07/2023
African banks progress towards digitalisation
How strong is the demand for digitalisation of banking services in the continent and how are African banks dealing with it? A new survey paints a picture of gradual growth and progress.
06/06/2023
Bank run scare on CBK plan to issue digital currencies
The Kenyan version of the CBDC, whose introduction has been under debate for the last few years, prompted the CBK to issue a discussion paper in February last year but the feedback points to more threats than opportunities.
06/06/2023
South Africa Launches AI Industry Association to Drive Responsible Adoption
By analysing the global and local landscape, identifying challenges and opportunities related to AI and smart technologies in South Africa, SAAIA has shaped its vision.
06/01/2023
African Development Bank driving innovation to scale up climate adaptation
Opening the discussion, the African Development Bank Vice President for Power, Energy, Climate & Green Growth, Kevin Kariuki, said climate investments favored climate mitigation over adaptation, but that this was not to Africa’s benefit.
05/30/2023
StanChart okays $10,000 for women in tech
The Standard Chartered Women in Tech program targets female-led entrepreneurial teams and provide them with training, mentorship, and seed funding.
05/30/2023
Banks' digital shift roadmap
More than 85 percent of the banks surveyed indicated that these two strategic outlooks inform their digital transformation journeys.
05/30/2023
West African Monetary Institute & EMTECH partner to enhance FinTech regulations
EMTECH is a modern central bank technology and services company offering an integrated SaaS platform with products such as the Digital Regulatory Sandbox and Central Bank Digital Currency.
05/29/2023
Big banks strike back with own fintechs
Squad’s performance only shows the extent to which Nigerian banks are going to secure their top share of the market in financial services amid a very motivated fintech ecosystem.
05/29/2023
West African Monetary Institute & EMTECH partner to enhance FinTech regulations
EMTECH is a modern central bank technology and services company offering an integrated SaaS platform with products such as the Digital Regulatory Sandbox and Central Bank Digital Currency (CBDC).
05/25/2023
Chinese hackers attacked Kenya in part to assess debt
The security breach started with a spearphishing attack after a State employee downloaded an infected document unknowingly in 2019 and went on up to last year
05/24/2023
MultiChoice betting big on gambling and new payment platform in South Africa
MultiChoice said that it is partnering with KingMakers, a sports and gaming betting company, to launch a new online betting service in South Africa.
05/22/2023
UBA, Access Bank, GTB, 6 Others Cash Out N74 Billion From Mobile Apps, USSD, PoS Transactions
FBNQuest stated that the increase in the value of electronic transactions in Q1 of 2023 compared to last year could be due to CBN’s naira redesign policy and the reduction of cash in circulation.
05/22/2023
Kenyan banks jump onto AI bandwagon
Fintechs and telcos eating into their market is making them innovate
05/19/2023
Stanbic IBTC unveils fintech subsidiary
The subsidiary will leverage cutting-edge technology and expertise to provide customers with new and improved ways for businesses
05/17/2023
Big trouble for Telkom
On a normalised basis – excluding once-off costs – the picture is slightly better for the group, but the hit to earnings is still severe, with a reduction between 60% and 80%.
05/16/2023
Facctum launches anti-fincrime technology for Nigerian banks
Facctum uses a combination of cloud and state-of-the-art parallel processing technology
05/11/2023
Digital banking: Kenya welcomes Fingo Africa
It empowers Africa’s youth by enabling them to open a bank account for free by means of their mobile phones in less than four minutes