08/18/2016
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
Services that enable consumers in emerging markets to make payments at merchants’ point of sale are unusual.
08/16/2016
The massive amounts of data that banks generate and collect can provide a springboard to create and exchange value across ecosystems
08/15/2016
With the projected value of e-commerce in Nigeria expected to hit $13 billion by 2018, according to the CBN
08/12/2016
Blockchain the technology that underlies cryptocurrencies such as bitcoin is grabbing the attention of banks, says a prominent local law firm.
08/12/2016
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
An analysis by research firm Frost & Sullivan shows that financial technology (fintech) in Africa can expect exponential and rapid growth
08/11/2016
Standard’s mobile banking has been doubling year over year.
08/09/2016
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
Arise is said to be worth almost $660 million, and will have more partners in the future.
08/05/2016
The outsourcing market in technology cannot be complete without the mention of India and other emerging markets.
08/05/2016
As competition in the market gets tougher, most South African banks are moving to introduce innovation centres.
08/04/2016
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
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.
08/03/2016
Even those in urban areas are priced out of more developed financial services such as credit and insurance.
08/03/2016
It’s a boom that’s changing every industry, if not least how businesses operate.
08/03/2016
The KCB App – which is available in Kenya and Rwanda – now features encryption that is set to safeguard and protect a customers’ details (identity & financial information)
08/02/2016
BANKS and financial institutions in the country must adopt technology that will enable delivery of quality financial services to the majority of Tanzanians at affordable cost, Central Bank Governor, Prof Benno Ndulu, said yesterday in Dar es Salaam.
08/02/2016
He noted that the launch by Botswana Savings Bank is just one amongst the many initiatives that the bank will be rolling out to drive the financial inclusion agenda.
08/02/2016
LSE says the new platform is part of its wider strategic co-operation agreement with CSE to “expand” activity in the North West and Central African regions.