Managers of Wealth Africa

Ecobank embroiled in savings app ownership dispute with start-ups

Ecobank Kenya’s website says Save As You Spend allows its customers to automatically save 10 percent of any amount they spend.

Approov Reveals Lack of End-to-End Security in Popular Banking Apps in Africa

The Approov study investigates the prevalence of unsecured secrets in binary packages of financial Android apps in Africa, highlighting trends and disparities.

Kenyan BNPL player EDOMx taps finbots.ai for credit risk management

EDOMx selected finbotsAI after an extensive evaluation of the solution.

How to protect you & your business from social media scammers

Cybercriminals have adapted their strategies to focus on executives and high-level managers.

SMEs tap into new revenue streams with iK Prepaid

85% of cell phone packages in South Africa are prepaid, but airtime and data only scratch the surface of prepaid vendors’ offering.

Stanbic Bank Tanzania rolls out chatbot Kai

Kai will provide 24/7 customer service and support and is accessible via the Stanbic Bank Tanzania website under Chat.

African Development Bank and Google collaborate on digital transformation in Africa

The agreement underscores a shared commitment to harness emerging technologies, extend and improve infrastructure, and refine talent and skills in the continent.

South Africa leads Africa in digital quality of life - study

The annual Digital Quality of Life Index study placed South Africa at 72nd, Kenya 76th and Nigeria 88th out of 121 countries globally

Lenders adopt more ‘smart branches’ in growing drive for digitalisation

“We shall therefore continue seeking new branches opened to facilitate access to more consumers but at a much slower pace than it was before especially pre-Covid.”

5 Ways Tech is Building Better Customer Experiences in Insurance

For the majority of consumers, the most visible example of this technological shift is their insurer’s smartphone app.

Fintechs can drive financial inclusion through AI, says Kora

The report, which was a collaborative work by Kora and Finextra, highlighted that AI was already being used for machine learning algorithms, customer behaviour analysis, demographics, and data to create more personalised experiences for consumers.

Kenya woos global tech giants with green energy data centres

Our data centres power the products and services you’ve come to rely on every day.

Accelerating digital inclusion and sustainable transformation: Africa

The Connected Banking Series focuses on building future-oriented banking models by accelerating the pace of digital transformation

Insuring against cyber-attacks

Overall, 92% of all respondents said that their organisation currently has some level of cyber insurance coverage in place

Bridging the trade finance gap: Absa’s digital journey in Africa

In the wake of the pandemic, the global economy has seen a confluence of challenges, including geopolitical risks, interest rate changes, and commodity price fluctuations.

The Future Of African Banking

Three Key digital trends that are shaping banking in Africa, and how Absa CIB is working with fintechs to co-create that future.

M-Pesa goes live in Ethiopia

The service has gone live three months after Safaricom secured a payment instrument issuer license from the National Bank of Ethiopia.

The Future of Digital Banking and Transacting in Africa

As Standard Bank, we are no strangers to peer-to-peer (P2P) payments, which have been widely used to enable informal and small business ventures at the heart of many African economies

Ecobank Fintech Challenge Announces Finalists to Compete in Innovation Showdown

Among the finalists is Flexpay Technologies from Kenya

SA’s Ukheshe partners Diamond Trust Bank to deliver BaaS in East Africa

Mark Dankworth, president of business development at Ukheshe Africa, said the company was thrilled to partner with DTB as a progressive bank that shared its vision for BaaS.

FinTech