05/27/2016
GTBank now has fingerprint recognition on mobile app
The introduction of the fingerprint recognition brings added security on the mobile banking platform.
FinTech
05/27/2016
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.
05/25/2016
African banks want share of growing e-money market
In much of the world, banks are the leading providers of electronic payment services.
05/25/2016
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.
05/24/2016
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.
05/20/2016
Cyber threat looms over Africa
South Africa has seen cyber crime losses totaling about $65 million, according to one estimate.
05/20/2016
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.
05/19/2016
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.
05/19/2016
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.
05/16/2016
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.
05/16/2016
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.
05/16/2016
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.
05/13/2016
uniBank launches new mobile banking platform
Automated Clearing House is an electronic network for financial transactions regulated by the Bank of Ghana through GHiPSS.
05/13/2016
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.
05/13/2016
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
05/12/2016
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.
05/12/2016
FNB invests big in MVNO move
FNB will continue to invest in the mobile offering, Celliers added.
05/12/2016
Ghana’s first mobile-based nano lending scheme launched
The gamechanging partnership, which seeks to provide small loans to all Ghanaians
05/11/2016
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.
05/09/2016
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.