08/15/2022
Fintech firms ramp up investments in Kenya’s microfinance space
UMBA obtained a 66.06% stake in Daraja Microfinance Bank Ltd effective 1 July, after approval by the Central Bank of Kenya on 23 May.
FinTech
08/15/2022
How Africa’s Technology Revolution is Changing Perspectives on the Continent
A new innovation narrative has emerged in Africa in recent years, embodied by the exponential growth of funding for technology startups.
08/15/2022
8 Ways Edge Computing Can Future-Proof Your Business
Based on my experience, here are the top 8 future-proofing benefits of adopting edge computing
08/12/2022
South Africa’s banking and payments industry IT recruitment activity drops 16.3% in July 2022
Out of the total job titles, the top five roles commanded a 100% share in the overall IT recruitment activity of South Africa’s banking and payments industry in July 2022.
08/12/2022
Nigerian fintech TeamApt becomes QED’s first African investment
The new funds will help fuel its planned expansion across Africa in the coming months.
08/11/2022
Blue Prism Interview: The Benefits of Automation in Africa’s Banking Sector
Newton says, there are two aspects: Benefits to the bank and benefits to the customer.Newton says, there are two aspects: Benefits to the bank and benefits to the customer.
08/09/2022
CWG unveils software to tackle e-fraud in banking sector
Also speaking, Moruf Ireti Yusuf, Chief Technology Officer for CWG, said that the company has been able to onboard one of the oldest and largest banks in Nigeria within few months of its take off in 2019, while three banks are already on its platform in G
08/08/2022
South Africa’s top banks are warning about these banking scams
These messages typically contain hyperlinks to malicious websites.
08/05/2022
4G Capital To Expand Its African Footprint With Mambu Cloud Services
Mambu’s platform will enable the neobank to scale and expedite its digital journey to meet customer business needs.
08/05/2022
Capitec SA Experiences Outages on its Banking App
The bank says that IT technicians are currently “doing everything they can” to repair the problem.
08/05/2022
New features coming to eBucks and the FNB banking app
FNB is also adding to its portfolio of FNB Connect products, including fixed wireless LTE packages and smart home deals on its banking app.
08/04/2022
Ongoing: Unknown “Malicious Actor” Drains Millions From This Crypto Blockchain
Engineers are currently working with security researchers and ecosystem teams to identify the root cause of the exploit, which is currently unknown.
08/04/2022
Fintechs in Kenya Face Severe Consequences From CBK for Dealing Without Licensing or Authorisation
The move comes days after CBK Governor Patrick Njoroge told the media at the Monetary Policy Committee meeting that the two fintech firms were not licensed to provide remittance and payment services in the country.
08/04/2022
Tyme Bank Makes Major Moves in SME Fintech with New Acquisition
“Together, we look forward to providing access to innovative solutions to ensure business owners can fuel their growth, drive job creation and contribute to the broader economy,”
08/04/2022
3 QR Code-based payment systems used in Africa
After the quick adoption of mobile payments in Africa, QR codes – a simple technology entered the payments sector, ensuring safe transactions for customers and merchants.
08/03/2022
Nedbank Joins Forces With Digital-Deal Maker for its Customers
The new partnership will enable Nedbank’s clients to grow their business on a trusted and world-recognised platform.
08/02/2022
Software Firm Odoo Says Jambo to Kenya
The firm began operations in its Kenyan arm on 1 July 2022, and it is reportedly seeking to hire 50 new employees to fill the new offices within a year.
07/26/2022
Zimbabwe launches gold coins as legal tender to tackle hyperinflation
According to the International Monetary Fund, inflation in Zimbabwe reached 837% (year on year) in July 2020 and, although tighter fiscal policy helped reduce it to 60.7% by the end of last year, it remains in the high double-digits.
07/25/2022
Tanzanian fintech firm eyes a piece of Kenya's Sh420 billion remittance pice
“This partnership will allow our customers to send money directly from their banks, through the Nala app, instantly and at the most competitive rates to Equity Bank Kenya accounts and other mobile wallets,” said Mr Fernades.
07/25/2022
Nigerian firm, Temenos enhance Ghanaian bank’s digital growth
The platform will re-imagine customer engagement and the efficient delivery of consistent, and seamless experiences across multiple channels.