08/11/2021
For individual bankers, the company added special features like a patent to prevent card skimming, and a social media-like ability to befriend accounts – a feature that could appeal to stokvels.
08/10/2021
The continent’s crypto market is still comparatively small, but the options for fraudsters and cyber criminals abound.
08/10/2021
There is evidence that the pandemic has helped accelerate Africa’s energy transition, although electricity access will need to follow suit.
08/06/2021
In terms of regulatory progress, fintech in Africa is forward-thinking but there is no uniformity in regulations, said host and Afriwise communications specialist Emma Hooper, speaking at the event.
08/06/2021
According to him, Africa still has a huge untapped potential in mobile voice, data, and money due to the low penetration levels.
08/06/2021
Middle East businesses need to speed up digital change at same speed their banks do
08/06/2021
Investing in cryptocurrency like Bitcoin is akin to playing the lottery and investors must practice caution when including speculative asset classes in their portfolio.
08/05/2021
As a result, customers are thus able to exercise unlimited control with the new code as the Account Blockade can be initiated from any phone to prevent any unauthorised transaction or access to the Bank Account.
08/04/2021
Aside from the security issues, being unbanked means that you cannot start building a credit history for future borrowing, receive direct deposits, or access safe ways of transferring and saving money.
08/04/2021
Julaya’s customers comprise small businesses, major corporations, and government agencies.
08/03/2021
“North Africa is a critical element of BCG’s global, digital expansion plan; and ensuring that we have feet on the ground in the region is the first step in our commitment to bringing the latest technologies and solutions to the market.”
08/02/2021
However, as the recent Mybroadband report quotes Kganyago explaining, the SARB’s e-rand study will also seek to understand the feasibility of issuing the CBDC for retail purposes.
08/02/2021
The Fintech Landscape of South Africa
Despite current economic challenges with some of them, the five nations do still represent large populations and emerging markets and opportunities.
07/30/2021
A number of banks in the economy have branches although off late banks have reduced the reliance on these branches and are attempting to replace expensive branches with inexpensive technologies.
07/29/2021
Reviewing the various research it’s easy to conclude that customers who have an emotional connection with a brand have a 300% higher lifetime value
07/28/2021
While the transformation may polarize the market by excluding those segments with low levels of digital and financial literacy
07/28/2021
Nigeria barred its banks and financial institutions from dealing in or facilitating transactions in cryptocurrencies in February.
07/28/2021
Growing adoption of digital technology seen spurring demand for investment products
07/27/2021
Nigerian banks have started to use chatbots despite the inherent challenges of low adoption of digital technology, poor internet access, limited number of smartphones users and even security concerns.
07/26/2021
Namibia, as a member of CMA, is obliged to pursue foreign exchange and monetary policies that are consistent with those of the three other member countries.