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.
FinTech
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.
01/15/2018
UBA revolutionalises ebanking with AI application solution
The platform will also enable able customers to confirm cheques, pay bills apply for loans, freeze accounts, request for mini statements, amongst other things.
01/11/2018
SARS to provide tax rules on Bitcoin and other cryptocurrencies in next few months: report
This was followed by a December report in which SARS said it was in discussions with a number of technology companies to enable it to track cryptocurrency trades more efficiently.
01/02/2018
PenCom to drive micro pension with mobile technology
Special mobile phone applications had been successfully implemented
12/26/2017
How emerging technologies expose Nigeria’s financial system to fraudsters
The activities of fraudsters have become very pronounced in the country’s financial services space, especially in the money and capital markets.
12/26/2017
Workers battle robots for limited jobs
Most times, these machines clap, jump, gesticulate and respond to production situations as if they are humans.
12/21/2017
Fintech industry could create 3m jobs in Nigeria –Experts
They stated this at the maiden Africa FinTech Foundry Disrupt Conference, sponsored by Access Bank Plc in Lagos.
12/19/2017
Bitcoin is booming in Nigeria as both business users and speculators rush in
“I was able to use bitcoin to do just one transaction and then I got hooked,” Egedegbe tells Quartz.
12/19/2017
Access Bank: innovation is antidote against irrelevance
Okigbo who, argued that the application, services and solutions created by FinTechs will make the achievement of these goals possible.
12/18/2017
Central banks could hold bitcoin and ether for the first time in 2018, cryptocurrency CEO says
The rise of bitcoin as an asset could mean some monetary authorities will have to begin holding it