Managers of Wealth Africa

FNB confirms mobile network plans

This has been coming for a while. South African banking giant FNB has confirmed plans to launch its own mobile network, with SIM cards set to be issued to its customers.

Sungard opens Nairobi office

Financial services firm opens fourth office in Africa

Kenya's KCB signs up 1.8 million mobile banking customers

The KCB M-Pesa service, operated jointly with telecoms operator Safaricom, allows users to deposit cash and borrow up to 1 million shillings

Altech Card Solutions protects customers against rise in banking, card fraud

The standard was introduced to ensure that the cardholder's information cannot be easily compromised

Businesses increase footprint with XLink

Local banks are also setting up offices in several of these countries

Chinese Giant Huawei Establishes Its Regional Headquarters in Casablanca Finance City

Chinese company Huawei, a global supplier of ICT solutions, has announced that it has been granted the Casablanca Finance City (CFC) status

Objectway Introduces Digital Wealth Experience Platform-Conectus

Conectus was first introduced in April as a module within Objectway's Wealth in One solution and is now available to the market beginning today as a stand-alone channel proposition.

Watch out for these card skimming and PIN theft tricks criminals use

South African criminals are using advanced card skimming and PIN theft devices to commit card fraud – here is what you should watch out for.

Kenyan startups among winners at Citi Mobile Challenge

Teams from 18 countries had presented 77 working prototypes to Citi executives and technology influencers at demo days held in Jerusalem, London, Nairobi and Warsaw.

Banks face payments factory dilemma or disintermediation

PowerCard is HPS’s suite of payments processing systems

Citi Bank recognises Craft Silicon's Elma as top innovation

Digital and Marketing Officer for Global Consumer Banking at Citi Heather Cox said they received more than 740 applications across 101 countries for this competition.

Nedbank Transforms Business with Ariba

Leading financial services group invests in cloud-based applications and business network to standardize systems, digitize processes and run simple

Zenith Bank Builds Multi-Million Naira ICT Center in Delta

Zenith Bank Plc has handed-over a state-of-the-art Information and Communication Technology (ICT) centre to the Delta State Government for the use by the people of the state

The people are upwardly mobile

Mobile money solutions are showing the way and traditional banks had better take heed as inclusion of the masses is paramount

FCMB Partners NetPlus

The First City Monument Bank has announced its partnership with NetPlus for the provision of integrated and electronic business settlement support for merchants and other interests in Nigeria

Finally, Stanbic launches mobile banking service

We are already working on integration with NetOne.

Africa leads in mobile money, but the tech has not spread everywhere

Africa has been hailed as the world leader in the adoption of mobile money but the continent has a huge population not yet swept up in the phenomenon, mainly due to lack of education about the technology

National Bank Implements iMAL Islamic Core Banking System

The iMAL implementation was the smoothest in the history of National Bank

GhIPSS supports two banking award categories

The most active cashless bank therefore brings to two, the categories sponsored by the national payment infrastructure provider.

Africa’s Standard Bank Seeks Speed Through Software Automation, DevOps

That lack of consistency, paired with traditional software development and integration methods, has hampered growth and complicated compliance.

FinTech