03/04/2019
Unending bank customers’ rip-off over failed transactions
In furtherance to the cashless policy, many bank customers have embraced electronic banking for a number of transactions.
FinTech
03/01/2019
Downside of Technology for Advisors: Increased Cybercrime
But there’s a problem, the firm notes: “Our data suggests that despite acknowledging clients’ rising level of concern with regards to cybersecurity, so far the industry has underestimated — if not dismissed — these risks.&
03/01/2019
Microsoft and Amazon data centres in South Africa – The latest
These data centres were expected to be installed in Johannesburg and Cape Town in 2018.
02/28/2019
Future Banking Tech Summit Kicks Off In Lagos 23rd April On Financial Inclusion
A 2018 survey conducted by McKinsey’s found that nearly 40 percent of all African banking customers preferred digital channels
02/27/2019
Protect against fraudsters
Online banking incidents increased by 44% with gross losses of nearly R90-million.
02/26/2019
Discovery’s digital bank to go live next month
South African financial services company Discovery plans to roll out its new digital bank next month.
02/26/2019
Fidelity Bank MD Urges African States To Implement A Strategy On Technology
Speaking as a keynote speaker at the launch of the 4th Ghana CEOs Summit in Accra, Mr. Opuni said, Fidelity Bank has embraced technology in its daily business transactions like the Fidelity Mobile App, Fidelity QR Code Service, known as the F-Pay, etc. wh
02/26/2019
South Africa’s first digital bank is live – here’s everything you need to know
“We see it as our responsibility to take the complexity out of banking for consumers and to give them insights into how the financial system works.
02/25/2019
Using an overseas Bitcoin exchange under SARB regulations
Services such as cryptocurrency trading platforms and wallet providers would also need to register with the relevant regulators.
02/24/2019
Cryptocurrencies and Kenya : Its Popularity and Acceptance
Cryptocurrencies are being operated on a technology called Blockchain. It is a ledger of blocks of information, such as transactions or agreements that are stored across a network of computers.
02/24/2019
SA Reserve Bank: Cryptocurrency Is A Sophisticated Pyramid Scheme
The student had asked if evolving financial technologies, including cryptocurrencies, will have an impact on future economics.
02/24/2019
Discovery Bank share scheme racist, says Solidarity
A national campaign has been launched against Discovery Bank’s share plan where only black clients can receive 10% of shares in the bank.
02/22/2019
CEO Fights to Save Graft-Tainted South African IT Company
Skip to content Skip to content Bloomberg the Company & Its ProductsBloomberg Anywhere Remote LoginBloomberg Terminal Demo Request Bloomberg Sign InSubscribe Technology CEO Fights to Save Graft-Tainted South African IT Company Loni Prinsloo and John B
02/22/2019
Sasfin takes equity stake in South African lendtech Payabill
Johannesburg-based Sasfin has taken an equity stake in lender Payabill as it seeks out SME growth.
02/22/2019
Implement a continental strategy on technology – Fidelity Bank MD
“Connectivity, literacy, and cost of mobile phones are some of the challenges with technology in Africa,” he added.
02/21/2019
WorldRemit launches money transfer service from South Africa to Nigeria
The new digital service will reduce the cost of sending money across borders.
02/20/2019
Why Kenyan FSIs are accelerating changes in their business models
Mobile money, mobile banking, online banking, and most recently digital lending, are among the innovations that have squarely reshaped the sector owing to technological factors that will continue to define the industry’s trajectory in the long term.
02/19/2019
Why there are so few contactless card machines in South Africa
MyBroadband spoke to major South African banks to determine why it has taken so long to roll out NFC-compatible payment terminals to all merchants.
02/18/2019
Africa's Digital Awakening Is Here: Rwanda to Open its First Smartphone Factory By April 2019
The Minister said, "Smartphones are important ICT tools since there are some digital services that only require smartphones such as access to land services among others.
02/18/2019
Latest universal bank codes 2019
The essence of this code is to ensure that customers who are transacting online avoid the risk of transferring funds to the wrong branch.