Managers of Wealth Africa

KPMG offers Africa Business App

The KPMG Global Africa Practice has unveiled its Africa Business Guide App, which provides country-specific business information to potential investors.

Upwardly mobile: the power of a united approach to African payment innovation

The growing use of banking services in South Africa is driven by a national rollout of social security debit cards and strong economic growth across finance, real estate and business services sectors.

SA start-up acquired by major Australian bank

Commonwealth Bank of Australia has acquired Tyme, a South African based technology company that designs, builds and operates digital banking ecosystems.

Nedbank buys into SA cellular airtime business

Nedbank Capital is the investment banking business of the Nedbank Group.

Electronic payment systems gaining momentum in Kenya

Although use of electronic payment systems, especially use of debit and credit cards, is still low in Kenya, card companies are positioning for a slice of this market.

IFC Partners with Cignifi on mobile money in Uganda

IFC is excited to be working together with Cignifi and Airtel Uganda

Standard Bank eyes digital space in 2015

Speaking at an interaction with journalists in Blantyre, Mashanda said the bank’s digital ambitions aim to add value to its current business offerings while enriching the customer’s experience.

South African bank deploys Nuance voice biometrics

The FreeSpeech technology analyzes the client’s voice to compare it with their unique voiceprint on file

Ethiopia: Mobile Money schemes for Bankers

Netherlands-based BelCash is offering a technology called helloCash

Kenya: Chase Bank, iHub Partner to Develop Technologically Advanced Ecosystem

Chase Bank and iHub have entered into a partnership which will see the two parties co-operate towards the creation of a technologically advanced ecosystem to improve accessibility

Ethiopia launches mobile money schemes to extend banking reach

Ethiopian banks and microfinance firms are launching mobile money services

Orange and Ecobank launch money transfer service between Orange Money accounts and bank accounts in Africa

A joint strategy to enhance mobile financial services and to increase access to banking services across Africa

Objectway Launches Next-Generation Investment Management Platform, Illumas

Objectway a leading provider of software and services to the EMEA investment management industry, today announced the release of its next-generation wealth and investment management platform—illumas

Charles River Wins “Best Portfolio Management Software Provider” at MENA FM Fund Services Awards

Charles River, a front- and middle-office investment management solution provider, was named “Best Portfolio Management Software Provider” at the MENA FM Fund Services Awards 2015.

DataPro boss urges banks to embrace anti-money laundering measures

BANKS have been told to see anti-money laundering (AML/CFT) compliance as an obligation because of the need to insulate banks and other financial institutions against activities of criminals.

Advent Software acquired by rival for $2.7 billion

"It's a great outcome for our investors," Hess said Monday.

Standard Bank unveils new innovation hub

The lab enables Standard Bank to research and test in a controlled environment, before releasing new solutions into the market.

AfDB, MasterCard broaden financial inclusion in Africa

The African Development Bank (AfDB) and MasterCard have announced a broad collaboration that aims to expand financial inclusion across the African continent.

Nigeria: e-Banking - UBA Introduces Mobile POS

The United Bank for Africa (UBA) Plc has introduced the mobile Point of Sale (mPOS) terminals to support customers' e-banking transactions

Mobile Banking Market In Sub-Saharan Africa Could Be Worth $1.3B In Four Years

But it’s not just a business opportunity. The boom could help connect millions of people with a formal banking system they wouldn’t have access to otherwise.

FinTech