08/23/2016
Fintech will force regulators to update
The Bank identified several significant risks posed by virtual currencies, some of them aimed at blockchain technology.
FinTech
08/22/2016
Access Bank upgrades payment platform
Adekoya explained that the payment platform came with some features that allow users to set up a savings club.
08/22/2016
South African robo-advisors, compared
They’ll typically ask a few questions designed primarily to understand risk tolerance and time horizon.
08/19/2016
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.
08/19/2016
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
08/18/2016
Growth of mobile banking boosts Co-op Bank Kenya's earnings
Kenya is considered a pioneer of mobile phone-based financial services.
08/18/2016
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.
08/17/2016
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.
08/16/2016
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
08/15/2016
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
08/12/2016
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.
08/12/2016
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.
08/12/2016
Financial technology: Money finds new paths
An analysis by research firm Frost & Sullivan shows that financial technology (fintech) in Africa can expect exponential and rapid growth
08/11/2016
Standard Bank joins rush to mobile banking
Standard’s mobile banking has been doubling year over year.
08/09/2016
China’s WeChat on carving out a market in Africa
The social communications platform, which dominates the Chinese market, is now competing for market share in the African region where it sees potential for growth.
08/05/2016
European lenders join forces to invest in African FinTech
Arise is said to be worth almost $660 million, and will have more partners in the future.
08/05/2016
Key challenges, opportunities for tech startups in emerging markets
The outsourcing market in technology cannot be complete without the mention of India and other emerging markets.
08/05/2016
Barclays Africa eyes Digital Academy expansion
As competition in the market gets tougher, most South African banks are moving to introduce innovation centres.
08/04/2016
Your Phone As Your Bank Account!
Mobile phone subscribers can also transfer money to any mobile number - and spend the money directly from their mobile money account to pay for goods and services.
08/04/2016
2,036 staff fired by banks in 2015 after automation
This is an indicator of the banks’ improved efficiency as a result of automated processes hence reducing the number of required clerical and secretarial staff,” the CBK says.