03/11/2015
Simstream Group wins satellite network management contract from the Bank of Central African States, serving six countries
The central bank's satellite network will connect 25 sites across six countries.
FinTech
03/11/2015
Kenya Commercial Bank Targets 15 Million Mobile-Phone Users
The bank, in partnership with Safaricom Ltd., East Africa’s biggest mobile network operator, is offering paperless banking accounts
03/10/2015
Vodafone to offer M-Pesa payments between Tanzania and Kenya
Vodafone extended the M-Pesa mobile money transfer and payments service to the international payments market, launching its first international money transfer corridor between Tanzania and Kenya
03/08/2015
Botswana Savings Bank announces strategic software investment
Botswana Savings Bank, a financial institution wholly owned by Botswana government, has announced plans to adopt an integrated self-service banking platform BankWorld designed by CR2.
03/05/2015
MasterCard Launches Cross-Border Remittance Service in Zimbabwe
The new service will enable the bank’s customers to be able to receive funds sent by family and friends abroad directly into their Steward Bank accounts.
03/03/2015
MasterCard moves on remittances in Nigeria and Zimbabwe
A joint venture between MasterCard, eServGlobal and BICS, HomeSend bridges the gap between various entities globally
03/03/2015
Mobile money goes global in 2015 reports GSMA
Mobile money is expanding rapidly as global smartphone penetration grows
03/02/2015
The Mobile Banking Revolution and What it Means for South Africa
New mobile payment platforms can provide a foundation for financial inclusion in South Africa and beyond
02/27/2015
Kenyan lender KCB Group to expand mobile banking services
Joshua Oigara, CEO of Kenya's largest bank by assets, said KCB would expand its mobile phone transaction services and agency banking, whereby third-party operators offer basic banking services on its behalf.
02/26/2015
Botswana Savings Bank selects CR2 BankWorld ATM and mobile banking tech
CR2 was selected as a partner of choice for the Bank for a number of reasons.
02/25/2015
Bank Windhoek enhances internet banking platform
Bank Windhoek is scheduled to re-launch its internet banking services
02/25/2015
Spy cables: Ex-Israeli agents threatened cyber attack on SA
Former "Mossad spies" threatened a cyber attack on South Africa demanding an end to the ‘boycott Israel’ campaign, leaked intelligence documents show.
02/24/2015
Zimbabwe's ECB joins Misys InFusion Programme
Working with banks and government institutions in Zimbabwe, Malawi, Angola, Botswana, Zambia and other African countries, ECB provides expertise in application development, managed services, strategic sourcing, training and consulting, designed to bring e
02/24/2015
Diamond Bank introduces fingerprint recognition on its mobile app.
"We are pleased to announce the launch of the Touch ID feature on the Diamond Mobile App. This means that Diamond Mobile App users that have iOS devices can now login to their accounts with just their finger prints as an alternative to entering a Use
02/19/2015
Banks and MNOs set for sub-Saharan African mobile money market fee bonanza
Banks and MNOs still have time to cash in
02/18/2015
Gates’s prediction for mobile banking in Africa ‘on the money’
"Digital banking will give the poor more control over their assets and help them transform their lives and, by 2030 , 2-billion people who don’t have a bank account today will be storing money and making payment with their phones"
02/17/2015
Why Africa may be on the verge of an Internet boom
A string of startups aimed at the Nigerian market have attracted huge VC backing, and many believe their success could spur on the region.
02/17/2015
African Mobile Money Providers To Earn USD 1.5B By 2019
Eight of the ten countries that make the most use of mobile financial services are in Africa, and sub-Saharan Africa has the highest proportion of active accounts (43 %).
02/17/2015
South African banks safe from $1 billion hacking heist
Up to a 100 banks across the world have been the target of a hacker group called Carbanak that managed to trick, hack and circumvent banking software and get away with $1 billion
02/17/2015
African mobile money market set to grow by $1.5 Bln by 2019
The use of mobile financial services in sub-Saharan Africa to do such things as pay utility bills and send money to relatives could produce an estimated $1.5 billion in fees for mobile-money providers by 2019