Managers of Wealth Africa

FNB may release more branded smartphones

First National Bank could release more of its own branded smartphones in the future, depending upon the success of the products.

Financial services sees AI as both opportunity and threat

It set out to unpack such issues as the risks and benefits AI would bring to the sector as well as the associated regulatory and legal challenges.

RMB Usage Across South Africa Has More Than Doubled, Says SWIFT

"South Africa has experienced a major shift in RMB growth over the last two years"

South Africa: Kganyago - Sarb 'Open' to Blockchain Technology

Blockchain technology, which adopts a decentralised model, also has the potential to disrupt the financial sector by taking over functions such as verifying payments and replacing bank accounts.

South Africa: FNB Launches Its Own Branded Smartphones

Mistry further said that customers can "walk into a bank with brick in their pocket and walk out with a bank in their pocket."

Equity Expands Mobile-Bank Unit That Wins 8 Out of 10 Loans

The bank earlier reported first-half profit that grew 18 percent to 10.1 billion shillings.

British Arab Commercial Bank revamps legacy systems with Temenos tech

By aligning its technology with the bank's business strategy, BACB moves to reduce IT costs and streamline processes

WATCH: Banking on Africa’s unbanked

Although growth in Africa has slowed this year, this also presents an opportunity to service a client base with the kind of products and services it is looking for in these key markets.

Fintech will force regulators to update

The Bank identified several significant risks posed by virtual currencies, some of them aimed at blockchain technology.

Access Bank upgrades payment platform

Adekoya explained that the payment platform came with some features that allow users to set up a savings club.

South African robo-advisors, compared

They’ll typically ask a few questions designed primarily to understand risk tolerance and time horizon.

Fingerprint Technology Expanding In African Mobile Banking

The Payment Association of South Africa developed a standard for biometric interoperability in partnership with MasterCard and Visa.

New T24 core banking software client for Temenos in Ghana

Global Solutions says the bank is the first live site in West Africa for Temenos’ latest Java-based version of T24

Growth of mobile banking boosts Co-op Bank Kenya's earnings

Kenya is considered a pioneer of mobile phone-based financial services.

African Fintech and Financial Inclusion in 2016

Many financial institutions and fintech startups are attempting to decrease the number of people who are unbanked and the African continent has undergone a number of fintech milestones this week, which in the long term, should alleviate the issue.

Visa to roll out PoS payments for users in Nigeria

Services that enable consumers in emerging markets to make payments at merchants’ point of sale are unusual.

What banks need to watch for to survive digital disruption

The massive amounts of data that banks generate and collect can provide a springboard to create and exchange value across ecosystems

CBN grants Fidelity Bank e-commerce platform licence

With the projected value of e-commerce in Nigeria expected to hit $13 billion by 2018, according to the CBN

Banks are scared of blockchain: Law experts

Blockchain the technology that underlies cryptocurrencies such as bitcoin is grabbing the attention of banks, says a prominent local law firm.

East Africa: FinTech Start-Ups Still Dominate #DemoAfrica2016

The report states that the reason why Africa is ripe for further fintech investment is because continent's population has no access to formal banking services.