10/10/2022
Nigeria among African countries with developed payment infrastructure – CEO Appzone
The Nigerian fintech space has evolved over the years and is driving innovation in the financial service sector.
FinTech
10/07/2022
Interswitch Partners World Bank to Unveil 2022 Global Payment Report
All the Jury members participate on an anonymous basis to allow them to speak freely
10/06/2022
How Union Bank’s NiX Revolutionises the Future of Work
The Head, Channels, Digital and Innovation, Union Bank, Mr. Akoh Ochai, also added that as a traditional financial institution who is leveraging on technology, the enormous possibilities tech portends has made the institution more open to ideas and innova
10/05/2022
Asset Management Giant Fidelity Adds to Crypto Offerings With Ethereum Index Fund
The fund has raised about $5 million since sales opened in late September
10/05/2022
Absa Bank and MasterCard Foundation to grant ¢2.5m to Fintech/Agritech Startups
Successful businesses must be more than three years old, tech-savvy and with owners who are between 24 to 40 years old.
10/05/2022
African startups see record funding without a unicorn in 2022
In 2019, just about 40 startups raised over $1 million+ as of August. The number reached 55 startups in 2020 and 72 in 2021.
10/04/2022
Emerging technologies are fuelling an intelligent data-driven banking future
The role of banks is shifting from taking deposits and lending money to providing embedded services as organisations embrace Industry 4.0.
10/04/2022
Nedbank joins metaverse
The village will offer virtual gaming, a sports lounge and other services.
10/04/2022
Microsoft, African Development Bank Partner to Promote Youth Entrepreneurship
Microsoft will collaborate with the bank through its African Transformation Office (ATO) to promote youth entrepreneurship ecosystems, create jobs, and significantly scale impact in Africa through digital inclusion.
10/03/2022
Pan-African Financial Institution Afreximbank Launches Payment Services ‘AFPAY’ to Boost International Trade
Afrexibank has launched its payment services ‘AFPAY’ to enhance international trade and profitability
10/03/2022
SA’s banks embrace the mobile virtual network operator space to drive digital inclusion
Capitec has made much of the fact that data will not expire, provided the SIM is used at least once in six months.
09/29/2022
Safaricom, banks lower Fuliza charges by up to 50 percent
The small credit facility has emerged as a leading mobile loan, disbursing Sh1.5 billion daily.
09/28/2022
Innovate your banking services in lightning speed
All across the financial services sector, organisations are competing to find the next big innovation. 77% of financial institutions globally are increasing their innovation efforts, with digitisation as a driving force. As a result, it’s no longer
09/27/2022
Microsoft Strengthens its Partnership with the African Development Bank
Though 10 to 12 million youth join the continent’s workforce every year, just over 3 million jobs are created, meaning large numbers of people remain unemployed.
09/26/2022
Huawei Partners With Absa Bank Kenya To Promote Digital Banking
It noted that Absa’s 83 branches countrywide alongside 212 Automated Teller Machines (ATMs), and internet and mobile banking services will benefit from the digital platform.
09/26/2022
Capitec launches mobile services
At R4.50 per 100 Megabytes or R45 per Gigabyte, Capitec Connect data is on average 50% below the normal market price, and the rates remain flat whether clients buy small or large quantities, the group claims.
09/23/2022
Kenya’s Central Bank Governor Finally Sees The Push For Bitcoin
Kenya’s legislative leader of the national bank, Patrick Njoroge, recognized that he was feeling the squeeze from cryptographic money lovers to change over the country’s stores into Bitcoin.
09/21/2022
Africa’s 5th Largest Bank Leads Metaverse Race with a Plot in Ubuntuland
Nedbank has teamed up with Africarare to buy a plot of land in Ubuntuland, making its first foray into the metaverse.
09/21/2022
Access Bank Drives Digitalization Agenda For SMEs
This notwithstanding, SMEs are grappling with the negative impacts of global health crisis.
09/21/2022
Rising Demand for Digital Payments in South Africa Says Mastercard
Most popular methods include account-to-account payments (86 per cent), digital money transfer apps (81 per cent), instant payment services (80 per cent), and digital credit or debit cards (78 per cent).