Managers of Wealth Africa

FNB warns of new online scams targeting customers

As much as digitisation drives efficiencies and streamlines processes, digitisation

Navigating the Post Pandemic World: Changes That Are Here to Stay

To effectively drive customer experience, whether B2B or B2C, firms are sailing off to digital.

Absa : Announces Collaboration to Strengthen Digital Partnerships Ecosystem Across Africa

Absa is looking to accelerate its digital transformation through strategic partnerships

Bank Of Africa selects SBS for North-South money transfers

By capitalizing on open banking opportunities with next-generation money remittance software, we will reduce the cost of money transfers and simplify the customer experience.

Invest Africa Partners With Google and KPMG to Support Over 500 SMEs

The firm further notes that African MSMEs have historically faced numerous barriers to growth.

3 innovative Neobanks changing the banking industry in Africa

Chipper Cash, raised $30 million in the Series B funding round, that was led by Ribbit Capital, with the participation of Bezos Expeditions — the personal Venture Capital fund of Jeff Bezos.

ComiBlock, A Nigerian Startup To Help Users Invest In Cryptocurrencies

ComiBlock is for now focused on Africa, but looking at a global scale.

LoftyInc Capital launches third fund at $10M for a more diverse portfolio of African startups

In Francophone Africa, the company has invested in Afrikrea and Star News Mobile. Then in Omnibiz, RXAll, Sudo Africa, Tech Advance, Aladdin, Flex Finance, Star Kitchens Group, and EPump across West Africa.

One of South Africa’s oldest companies is targeting fintech and insurtech for future growth

Higher average FUM levels drove higher asset-based fees for the period.

‘Digital Transformation is Accelerating Recovery and Financial Inclusion’

"We have also relaunched the CIBN Mentoring Scheme with a view to building the capacity of young practitioners in the banking and finance industry thereby strengthening the talent pipeline into senior leadership roles."

Banks, others may create e-wallets after e-Naira deadline – CBN

Financial institution suite: licensed financial institution will be able to request currency or issue stablecoins, manage digital currency across branches, KYC, identify and AML compliance capability.

This R1.6 billion finance start-up is on a major hiring spree in South Africa – here’s what they are looking for

With over 150,000 businesses on its platform, it said that the goal is to reach at least a million merchants within the next four years.

Standard Bank Selects TCS BaNCS Cloud for Digital Claims Transformation in Short Term Insurance

Combined with a cloud-first approach, a faster claims processing engine and high configurability, the solution will help Standard Bank Insurance improve operational efficiency and streamline claims management.

Nigerian Banks’ e-Banking Income Drops 27.3% Despite High Transactions

In the report, it was stated that despite the challenges in the year, the sector showed resilience, leveraging lessons from the 2016/2017 economic recession.

Standard Bank selects TCS BaNCS Cloud for digital claims transformation in short-term insurance

TCS’ SaaS offering to help the leading South African insurer process claims faster, offer personalized customer experiences, and drive product innovation.

Navigating the Post Pandemic World, One Trend at a Time

According to Objectway’s research Setting the Digital Agenda for the Next Normal, the wealth industry is currently fast-tracking digital development to improve internal performance and maximise client experience.

Zimbabwe Invests in ICT to Boost Development of Digital Economy

“The rural population remains underserved in the new digital economy and we are always investigating lower cost"

Old Mutual in partnership to invest in InsurTech

We are confident that this collaboration will serve to significantly enhance every aspect of our business, from product solutions to technology, customer experience and servicing, so that we truly become our customers’ first choice.

How Hybrid Cloud & AI Boost Innovation in Africa’s Banking Sector

Lockdowns and social distancing drove consumers online en masse; where even the non-tech-savvy and consumers of all ages discovered and embraced the convenience afforded by digital channels.

African fintech Pngme raises $15M for its financial data infrastructure platform

In a conversation with TechCrunch, Playford references building personalized user fintech experiences to what Alipay and WeChat have done in the past couple of years.

FinTech