Managers of Wealth Africa

Online fraud detection spend to surge

In SA, the South African Bank Risk Information Centre recently warned bank customers to pay more attention to their mobile security.

Syrse selects Iris suite to run African payments platform

With IRIS suite, the platform will enable hosting of multiple banks and telecoms to offer digital banking and financial inclusion services for customers.

Gulf African Bank successfully upgrades to the latest version of iMAL

Gulf African Bank has scaled up its investment, upgrading to the latest Java version of iMAL as part of a major modernization project across its retail and corporate banking business.

Development Bank of Nigeria plans core banking software revamp

Nigeria’s Federal Ministry of Finance is serving as the implementing agency for the project and has invited sealed bids from eligible bidders for the project.

Here’s what South Africa’s biggest banks have to say about MMM

Fin24 reached out to the top five banks of South Africa to find out if they follow Capitec’s strategy.

Africa's first cyber intelligence centre to combat crimes

An arrangement of intersecting lines from where our nation at the tip of Africa meets the world…”

Zimbabwe: Tech Helps Steward Bank Growth

A significant cleanup of Steward Bank's balance sheet has been taking place since its takeover by the country's largest mobile phone firm in 2012.

BPC Banking Technologies voted “Best payments solution provider East Africa” by The Banker Africa

The award comes shortly after being voted as the best provider in South Africa a month earlier.

Standard Bank Incubator partners with Startup Grind

The newly formed partnership will see these monthly events hosted in Cape Town, Johannesburg and Durban. Similar events are also held in four other African cities, including Nairobi, Lusaka, Khartoum, and Eldoret.

How SA fintech startup Entersekt is taking over the world

With little or no user education required, Transakt is simple but deadly effective.

Kenya Bankers Sets Up Payment Digital Solutions Firm to Enhance Industry's Interoperability

Founded under the Central Bank of Kenya, National Payment System guidelines, Olaka explained that IPSL would interconnect all banks in Kenya.

StanChart Launches Mobile Banking Push in Africa as Rivals Retreat

Standard Chartered is to launch its mobile and online banking platform in eight African countries, its consumer banking chief for the region told Reuters, as the lender seeks to grow in Africa at a time when some European banks are retreating.

Cyber threats in Africa: 'it's just the beginning' says expert

In the same week that Standard Bank was attacked, its competitor Absa launched ChatBanking, a service which allows customers to conduct banking through their Twitter account.

GTBank now has fingerprint recognition on mobile app

The introduction of the fingerprint recognition brings added security on the mobile banking platform.

Swiss fintech drives African banking revolution

The Tunisian National Post invited the Zug-based firm to pilot its technology in October in conjunction with local firm DigitUs.

African banks want share of growing e-money market

In much of the world, banks are the leading providers of electronic payment services.

FNB, PayPal bring global eCommerce to Botswana

In order to benefit from the service, FNB customers can simply open a PayPal account, and start receiving payments in up to 26 different currencies.

Tanzania: Banks Cautioned Against Bad Financial Transfers

He also advised local banks operating in Tanzania not to fall into the temptation of indulging in cases of money laundering.

Cyber threat looms over Africa

South Africa has seen cyber crime losses totaling about $65 million, according to one estimate.

Absa offers free app banking – no data required

Free data could boost the bank’s ability to convince its nine million customers to conduct mobile application banking.

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