Managers of Wealth Africa

Africa’s custodians under pressure to innovate

From a risk management perspective, there is a bigger emphasis on custodian banks managing risk in the markets.

StanChart wins Regional Consumer Digital Bank Award

We continue to invest for long-term growth Africa and Middle East were digital technologies will shape the future of banking.

Mobile Virtual Network Operator Market in Africa, 2016

MVNOs seem to be the most successful due to improved mobile banking functionality and customer service ability

Senegal to Introduce Blockchain-based Currency to West Africa, eCFA

The eCFA franc as it will be called will be in circulation in parallel to the current physical CFA franc bank notes.

MasterCard, SnapScan partnership adds 30,000 South African merchants

Each MasterPass transaction is classified as an Authenticated Mobile Transaction

Financial services prepare for digital disruption

Digital disruption occurs when new digital technologies and business models affect the value proposition of existing goods and services.

Uganda Could Become First African Nation To Adopt Bitcoin Regulations

The legal and regulatory environment is moving towards embracing the technology so as to harness its benefits and to promote innovation.

African Banks Start to See the Potential of Blockchain

African banks are relatively new to the R3 arena

National Bank of Malawi selects Swiss FinTech NetGuardians

Risks are present at all corners during core banking upgrades.

Asian, African Banks are attacked using zero-day vulnerability

The total number of InPage users is almost 2 million worldwide.

Banking fraud is costing the Nigerian economy dearly

Last year electronic fraud in the banking sector accounts for about 16% of total fraud in the industry

Banks asked to be wary of internal cyber attacks

Ghana is doing quite well in the ICT sector

Online banking fraud takes just one click

But the big banking fraud syndicates send out emails to millions of unsuspecting bank clients every day, just waiting for that one person they can trick and rob of funds.

Streamlining payments industry in Africa

Payments systems vary between, and even within countries, and are complex

MTN to host ‘household names’ as MVNOs

Well-known consumer brands are set to launch virtual networks on top of MTN’s infrastructure.

MFS Africa connects 120 million mobile wallets in Sub-Saharan Africa

Largest network on the continent allows merchants, banks and mobile operators to scale transactions cross-border, cross-currency and cross-network

Rural banks advised to embrace technology in banking

The industry currently employs about 4000 people, most of who are in rural communities.

Ecobank Ghana launches mobile banking app

New mobile banking application to help customers across the country

New Approach Towards Boosting Young Innovators In Africa

Launch of Boost Africa Initiative, a new integrated approach to boost young innovative entrepreneurs across Africa

Cactus Capital invests in African fintech startups

Cactus Advisors’ founder and CEO, Zach George said the company was excited to be investing in pioneering fintech companies that had graduated from leading accelerator programmes worldwide.