Managers of Wealth Africa

Will the Internet of Things impact banking?

There is a dizzying world of possibilities in a future where we are surrounded by intuitive connected devices.

Nedbank rolls out chip-and-pin cards

The technology provides a major security improvement on the old magnetic strip cards and Nedbank is currently one of only two major commercial banks in the country to issue them.

Bitcoin in Africa Could Leapfrog Just Like Cellular Phones Replaced Landline

Werner van Rooyen: Bitcoin, as measured in the amount of transactions per day, is steadily rising in Africa as it is in the rest of the world.

The rise of African fintech is changing the way Africans transact

Accenture estimates that over one-third of mainstream financial services’ revenue is at risk due to disruption in the industry from fintech.

Preventing cyber-criminal activity in Africa’s growing mobile market

In other Sub-Saharan Africa countries such as Nigeria, Senegal, Kenya and Ghana, cellphone usage is also high where text messages, videos and photographs feature prominently.

uniBank launches new mobile banking platform

Automated Clearing House is an electronic network for financial transactions regulated by the Bank of Ghana through GHiPSS.

Ethiopa switches on unified payment system with BPC

As of today for the first time all the retail banks in the country are switched to our single processing platform acting as the central core for payments in the country.

Ethiopa switches on unified payment system with BPC

The key aim of the project was to bring interoperability to the country, as a result clients of any Ethiopian retail bank may access services via all the ATMs in the country for cash withdrawals, make POS payments in any terminal and utilize cheque balanc

Why our banks should embrace social media

In digital parlance, the phrase “disruptive innovation” often bodes ill for established industries but contrariwise it speaks of the bestowal of convenience to those who embrace innovations.

FNB invests big in MVNO move

FNB will continue to invest in the mobile offering, Celliers added.

Ghana’s first mobile-based nano lending scheme launched

The gamechanging partnership, which seeks to provide small loans to all Ghanaians

How ‘Robo’ Advisors Will Change Wealth Management

This isn’t to say that financial advisors, shouldn’t be concerned about their livelihoods. There definitely will be a culling within the industry.

Vodafone Unit to Stop Mobile-Banking Product in South Africa

M-Pesa, which means money in Swahili, had more 25 million customers in 11 countries at the end of March.

FirstBank to drive efficiency, growth with technology

The tier-one lender said the next phase of its growth plan would be driven by efficiency, right technology and productive workforce.

IPBS signs partnership with eShore to accelerate private banking sales growth

Barak Fund Management chooses TFG Complete for real time risk management support

TFG Complete will also provide Barak with real time valuation, risk reporting, scenario analyses and stress testing.

Kenyan example shows Africa is on the right technology path

These hubs have consistently made headlines in their effort to bring or rather accelerate technology businesses to the grassroots level.

Vodafone Rings Up Record Growth On Mobile Money Platform

Vodafone has reported record growth for its M-Pesa mobile money platform, with active customers rising more than a quarter to above 25m in the past year.

Ingenico Group deploys a cashless Revenue Collection solution in Kenya

In fact, County agents, equipped with Ingenico wireless smart terminals with a specific Revenue Collection application, can now simply collect payments when arriving at the business premises.

Banks need to act to combat rising cases of SIM Swap, says Aspect Software

Increasing numbers of banking customers are falling prey to SIM Swap fraudsters, comments reportedly coming from Halifax’s customer service team have revealed.

FinTech