Managers of Wealth Africa

Financial institutions fast-tracked to offer new services

Card networks like Visa and Mastercard have developed new technologies to both enable and protect online consumers making cashless payments

Can African Tech Startups Succeed in a World Dominated by Facebook and Google?

Across African markets, information and communication technology is facilitating the process of socioeconomic developments.

Profile Software’s innovative solutions for banking and wealth industry

The company today has a presence in Europe, the Middle East, America, Asia and Africa, throughout those regions delivering innovative solutions to both start-ups and established banking and finance institutions, through direct communication or a reliable

FirstRand finds customers favour the app over internet banking

FirstRand raised its interim dividend by 9% to R1.30 for the six months to end-December from R1.19 in the corresponding period in 2016.

Nedbank may do away with 3,000 employees for software robots

The report stated that Nedbank has installed 59 software robots to date, and plans to install 200 by the end if 2018.

FINCA trailblazes digital financial inclusion drive in Tanzania

To achieve its objectives, the conference underscored the instrumental role played by collaborative efforts by all sectors through leveraging rapid development in the MNO space, especially mobile money.

Mastercard Launches Masterpass QR bot for Messenger

This Messenger experience will launch in Nigeria, where Mastercard will pilot a new Masterpass QR bot to help business owners' move beyond cash transactions to accepting QR payments.

Orabank Selects CR2 To Enable Digital Banking Suite In 12 Countries In Africa

With ORABANK’s move to digital imminent, CR2 is seen as the ideal partner to expand its channel offering and help the bank continue to compete at the highest levels.

Fintech firms must ‘collaborate or fail’ warns Capgemini

FinTechs drive revitalization of the financial services customer journey

‘Digital tech, key to Ecobank’s cashless Africa drive’

“For instance, Rwanda, where the summit is taking place, is seeking to move from a cash-based economy to a digital one."

Keeping up with the robots

Automation may pose a threat to jobs, but it also puts an added psychological pressure on staff who have to keep pace with the robots

Virgin Money wants to bypass EFT in SA

In January, it was announced that the Virgin Group invested in the Cape Town-based wiGroup, which will use the funds to fast-track its expansion into emerging and developed markets.

Blockchain Starting To Take Hold In Africa

Africa is the last frontier for payment companies.

Cryptocurrencies Surging in Africa as Alternatives to Traditional Banking

Global wallet and exchange Luno reported 2000 BTC worth of transactions in November 2017

Standard Bank mulls South African MVNO

In 2015, First National Bank (FNB) became the first financial institution in the country to launch an MVNO, using Cell C’s infrastructure.

Ecobank fintech boosts financial inclusion in Africa

However, there are many barriers to wider use of new technology where a step change is needed in attitudes and approaches towards innovation.

Rand Merchant Bank to transform into a digital bank

As an innovation hub, the FOUNDeRY gives RMB the space to experiment safely with new ideas and encourages people to think differently while still striving for excellence each day.

Absa goes live with Finastra PAYplus for CLS

Absa became a direct CLS settlement member at the end of 2017, having previously been an associate member, operating through Barclays.

FOUNDeRY: Rand Merchant Bank’s transformation into a digital bank

As an innovation hub, the FOUNDeRY gives RMB the space to experiment safely with new ideas and encourages people to think differently while still striving for excellence each day.

Reserve Bank confirms that it is looking to regulate Bitcoin and cryptocurrencies

The SARB expects to complete the review in the second half of 2018.