02/14/2018
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.
FinTech
02/14/2018
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.
02/13/2018
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.
02/13/2018
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.
02/13/2018
Mauritius plans to set up sovereign fund to develop Fintech
Mauritius plans to establish a sovereign fund to provide seed capital for development of financial technology or fintech activities in the island nation.
02/11/2018
Why should you consider outsourcing?
As wealth management businesses grow they start facing some internal challenges such as regulatory changes, increased demand from clients/investors and accessibility to back-office data.
02/06/2018
South African bank partners with UnionPay on cashless options
UnionPay is one of the world's leading card payments systems and hosts the majority of transactions in China.
02/02/2018
Proparco secures US$5m stake in TLcom TIDE Africa Fund
The financing institution believes mobile phone penetration is critical to sustainable development and the role played by tech start-ups.
01/31/2018
South African central bank sets up full-time fintech unit
South Africa has a relatively small, but growing fintech industry
01/31/2018
How secure contactless cards are in South Africa
The head of consumer issuing at Absa Card, Tshipi Alexander, said they randomly request a card’s PIN – even on small transactions – as an additional safety measure.
01/30/2018
VoguePay to launch digital banking platform for SMEs
VoguePay has said it will launch a new digital banking platform, VoguePay3.0, for the Small and Medium Enterprises.
01/29/2018
MoolahGo soft-launches fintech marketplace in South Africa
MoolahGo is licensed and regulated by the Monetary of Authority of Singapore.
01/26/2018
De Beers Piloting Blockchain Platform for Diamonds
Each block must be validated by the blockchain community before it is added to the digital ledger.
01/25/2018
Africa’s Biggest Mobile Operator Wants To Be Its Biggest Bank
The confidence behind his statement comes from the growth and popularity of the company’s mobile money product, which operates in 14 markets across Africa.
01/23/2018
Major overhaul of SA’s payments system on the cards
“The basic architecture of the South African payments system was laid down in the 1980s, and it was at one time among the best in the world,”
01/22/2018
ALAT by Wema Bags Prestigious Awards
Last year, ALAT was named the ‘Digital Banking Platform of the Year’ by BusinessDay, Nigeria’s foremost business newspaper.
01/22/2018
"Bitcoin is not yet legal" - Bank of Ghana
https://www.graphic.com.gh/business/business-news/bitcoin-is-illegal-bank-of-ghana.html
01/22/2018
Rwanda’s Bank of Kigali partners with Fiorano for digital revamp
Rwanda-based Bank of Kigali has selected Fiorano Software’s platform for its digital transformation project.
01/18/2018
Partech Ventures launch $70 million African tech fund
Partech Africa will also benefit from the firm’s collective industry expertise and unique portfolio support and business development capability.
01/16/2018
Financial services platform for Africa launched
Arise partners with sustainable, locally-owned financial services providers in sub-Saharan Africa to promote financial inclusion.