03/09/2022
Nedbank’s Avo App Scores Over 1-Million Users
Nedbank also has weekly deals on goods merchandise ranging from tech, appliances, and fashion with access to affordable and convenient financial services products.
FinTech
03/08/2022
Ghanaian fintech Dash raises $32.8M seed to build connected wallets for Africans
An alternative payment network with connected wallets allowing a mobile money user to transact with a bank account would fix this problem, and that’s the premise of Ghana-based fintech Dash.
03/03/2022
Cryptocurrencies for transactional use in South Africa
These volatile, wild swings have cast doubt on whether cryptocurrencies can be used for day-to-day transactions.
03/03/2022
EBRD boosts investment in Tunisia through digitalisation
The EBRD and TIA last month launched a digital investor guide at the EU Africa-Business Forum in Brussels.
03/03/2022
Microsoft To Support African Startups With $500 Million Investment Funding
The funding will come from a network of venture capital investors, who will dedicate a portion of their financial support to startups in the Microsoft network.
03/01/2022
Banking Malware Attacks Are “Becoming Increasingly Corporate” says Kaspersky
Between 2020 and 2021, corporate users’ share of banking malware attacks rose by almost 2% and increased a significant 13.7% points between 2018 and 2021.
02/28/2022
How this tech startup is learning from its Africa experience to digitise small banks in India
Banking technology startup Techurate aims to digitise small-sized banks through budget-friendly solutions that enable financial inclusion.
02/25/2022
Wema Bank Boss Admonishes Accountants on Data Protection
Adebise who stressed the importance of data storage and security said that accountants in the digital age must be flexible and knowledgeable to save data on storage devices on-premises or in the cloud.
02/24/2022
Nigerian fintech expands banking operation into East Africa
"Our expansion into the Kenyan market follows the identification of key gaps in the availability of proper applicable and affordable banking automation technology”
02/24/2022
Rwanda’s Largest Bank Completes Core Modernization with Temenos
Bank of Kigali goes live on Temenos platform to power faster, smarter digital banking while scaling to one million retail and SME customers in Rwanda
02/23/2022
Mauritius: another step closer to becoming a leading FinTech hub in Africa
This innovative Act is very promising in establishing Mauritius as an attractive location to invest in virtual assets and virtual tokens.
02/23/2022
Finastra partners with DataGear to help corporate banks in Egypt optimize core processes
Reseller agreement will enable DataGear customers to automate corporate banking operations, reduce costs and seize new opportunities for growth
02/23/2022
AfrAsia Bank embraces AI-based Unified End-Point Management
AfrAsia Bank has reviewed its cybersecurity strategy, embedding at its core a clear mission and purpose to navigate this ‘golden era’.
02/22/2022
Crypto-assets regulation around the world
Integral to the crypto-asset ecosystem are crypto exchanges
02/22/2022
Ernst & Young Urges Insurers to Digitizing Core Processes, Embrace Flexible Sourcing Models
In its 2022 Global Insurance Outlook, which highlights trends shaping the Insurance Industry.
02/21/2022
Technology, key driver of innovation — Expert
Therefore, the launch of the national policy on 5G networks is laudable as it provides a fitting platform to drive the rollout of the 5G network on a national scale.
02/21/2022
Is Africa’s tech ecosystem on track for a more phenomenal year?
Based on the report recently published by Partech, a venture capitalist firm that aggregates funding data, African tech companies- over 600 of them- in 2021 raked in a total of $5.2bn in disclosed funding.
02/21/2022
Meet BlackPay, a “no-frills, non-banking” startup for marginalised communities
These loan offerings are backed by various funds, banking partners, and local financial services institutions
02/21/2022
FNB warns of new ‘remote’ scams targeting customers in South Africa
The success of this fraud requires cooperation from the user to install a remote access app, and sadly, some consumers fall for these tricks and end up compromising credentials, he said.
02/21/2022
Uganda looks to Kenya, Jamaica for its digital currency
"The dominant youth segment is a plus for introduction of a digital currency because it fits into their tech savvy behavioural patterns."