Managers of Wealth Africa

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.

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.

FinTech