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FinTech

10/30/2023

3 Tier-1 Banks Generate N123.94tn from Electronic Banking Platforms

Zenith Bank raked N54.03 trillion from all its electronic banking platforms in H1 2023, an increase of 9.1 per cent from N49.5 trillion reported in H1 2022.

10/30/2023

CBE’s First Quarter Digital Transactions Reach 1.3 Trillion Birr

At least 60% of CBE’s total 750 million transactions were conducted digitally.

10/30/2023

Harnessing power of AI to transform financial markets

Finance and investment experts urge investors to embrace AI-based investment systems, fostering innovation and efficiency boldly.

10/27/2023

Africa and Gulf Bank Selects Temenos to Deliver Digital Transformation on the Cloud

Temenos digital and core banking solution will enable the bank to provide innovative products faster to retail and corporate customers in Sudan and around the world

10/27/2023

Kenyan Startup Enables WhatsApp Commerce in Africa

The company has developed a B2B tool enabling companies to reach and transact with customers directly within WhatsApp.

10/27/2023

The best digital banks in South Africa

According to the SITEisfaction’s results, FNB is the Best Digital Bank in South Africa, with a score of 73.94.

10/24/2023

5 saving apps transforming personal finance management in Nigeria

Today, the world is at your fingertips, thanks to the proliferation of finance apps that have reshaped how we handle money.

10/23/2023

Drone warning for businesses in South Africa

The City of Cape Town earlier this year said it would invest millions in technology to fight crime, with drones part of the plane.

10/20/2023

Smart Africa and Orange Partner to Accelerate Digital Transformation and Sustainable Practices

Both organisations have a lot of influence when it comes to digital transformation.

10/18/2023

Afreximbank Begins Developing $1Billion Morocco-Africa Trade and Investment Promotion Programme

Afreximbank will cooperate with the Ministry and relevant Moroccan entities and economic operators to develop and deploy appropriate project structuring and financing solutions.

10/18/2023

How digital upstarts are menacing South Africa’s big banks

Newcomers to the banking industry are encroaching on markets controlled by the traditional "big four" banks.

10/17/2023

Big move for Bitcoin payments in South Africa

Visa, meanwhile, started a crypto consulting service and invested in crypto platforms as part of a global push for digital currency adoption.

10/16/2023

Ecobank embroiled in savings app ownership dispute with start-ups

Ecobank Kenya’s website says Save As You Spend allows its customers to automatically save 10 percent of any amount they spend.

10/13/2023

Approov Reveals Lack of End-to-End Security in Popular Banking Apps in Africa

The Approov study investigates the prevalence of unsecured secrets in binary packages of financial Android apps in Africa, highlighting trends and disparities.

10/11/2023

Kenyan BNPL player EDOMx taps finbots.ai for credit risk management

EDOMx selected finbotsAI after an extensive evaluation of the solution.

10/09/2023

How to protect you & your business from social media scammers

Cybercriminals have adapted their strategies to focus on executives and high-level managers.

09/29/2023

SMEs tap into new revenue streams with iK Prepaid

85% of cell phone packages in South Africa are prepaid, but airtime and data only scratch the surface of prepaid vendors’ offering.

09/28/2023

Stanbic Bank Tanzania rolls out chatbot Kai

Kai will provide 24/7 customer service and support and is accessible via the Stanbic Bank Tanzania website under Chat.

09/22/2023

African Development Bank and Google collaborate on digital transformation in Africa

The agreement underscores a shared commitment to harness emerging technologies, extend and improve infrastructure, and refine talent and skills in the continent.

09/20/2023

South Africa leads Africa in digital quality of life - study

The annual Digital Quality of Life Index study placed South Africa at 72nd, Kenya 76th and Nigeria 88th out of 121 countries globally

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