11/25/2022
Kenya’s DeltaPay taps Provenir for data and risk decisioning platform
The fintech says Provenir’s tech will allow it to scale and provide “millions of unbanked and neglected segments of society” with access to credit.
FinTech
11/24/2022
Acquisitions Rise in Africa Following Investment Stagnation
The consultancy company suggests that this data indicates a consolidation trend for Africa and that its market is “maturing”.
11/24/2022
SAFU and South African Binance users
Through it, a percentage of trading fees have been committed to safeguard users’ existing crypto assets in the event they are lost from any forms of hacking or exploitation.
11/23/2022
KBL Insurance Excites Customers with Digital Insurance
Orji said the essence was to serve customers faster and at lower costs.
11/22/2022
Digital technologies open vast business opportunities in Africa
Africa is known for its booming mobile money market, which have supplanted bank branches for money transfer purposes.
11/17/2022
New report on innovation in Africa finds youth believe the next Mark Zuckerberg could come from the continent
The report interviewed 4500 people aged 18 to 35 to find out their perceptions of African-led innovation and if they are influenced by dominant narratives that promote the Global North as superior innovators.
11/16/2022
South Africans Must Up Their Game Against Cybercrime
Hackers that utilize their technical expertise to commit fraud, steal money or personal information, or disrupt computer systems are examples of cyber criminals.
11/03/2022
Africa Fintech Network Receives Africa Bank 4.0 Awards 2022
We stay at the top, making sure African fintech innovators and project champions have fertile grounds to operate.
11/01/2022
Absa Bank Limited Selects nCino to Optimize its Relationship Banking Debt Management Business
As the bank accelerates its digitization programme, nCino will deliver this cloud-based platform and help Absa reduce complexity and eliminate high-touch processes, ultimately enhancing its employee and customer experience and improving efficiency.
10/31/2022
Fintech startups surged 81% in Africa in 2021: report
The sector accounted for 61% of $2.7bln invested across Africa last year
10/28/2022
StanChart to use Nairobi MSME unit as a launchpad into Africa
“The success of the Kenyan venture will definitely be the launchpad into the rest of Africa.”
10/27/2022
NTT opens new data center in South Africa
This will provide clients with dedicated sustainable infrastructure, operational control and the design flexibility required to support their high-performance needs.
10/26/2022
How Innovation Is Impacting Business Around the World
This is making it easier for people to start and run their own businesses.
10/26/2022
South African crypto landscape primed for TradFi growth after FSCA ruling
Industry insiders believe South Africa’s move to classify cryptocurrencies as financial products could drive the adoption and legitimacy of the sector.
10/25/2022
How advanced automated operational risk management can protect your Payments Switch environment
They are typically monitored by a network operations centre (NOC) that specialises in infrastructure as opposed to the payment systems that run on those systems.
10/25/2022
Yellow Card Receives First-Ever African Crypto Licence
Yellow Card complies with global AML, Sanctions as well as the FATF Travel Rule requirements and KYC of all customers across all jurisdictions.
10/24/2022
Fidelity Discusses Bitcoin as Portfolio Insurance — Could Soon Stand in 'Stark Contrast' to Path Fiat Currencies Take
The research outlines “how bitcoin could be considered portfolio insurance” as the rising dollar impacts global currency markets.
10/21/2022
KCB and TerraPay partner to Enhance Cross-border Remittances
The Bank has been at the forefront of actively championing and accelerating financial inclusion through leveraging collaborations with fintech institutions to become a major processor of remittances and payments around the world.
10/20/2022
Eswatini Central Bank Partners With German Firm to Explore CBDC
An agreement signed by both parties aims to enable them to deepen their “understanding of the practicalities of implementing a CBDC in Eswatini.
10/20/2022
Fewer in SA are being defrauded with digital banking – but victims are losing much more
Incidents of digital banking fraud in South Africa decreased by 18% in 2021.