08/13/2021
Previous circulars recently released by the Central Bank and SEC on cryptocurrency also emphasise that blockchain technology remains important to the government and other regulatory bodies.
08/13/2021
Standard Bank acknowledged that fintech players have disrupted the world of banking and said the industry is contending with a range of other new competitors.
08/12/2021
As Internet and smartphone penetration has improved in Africa, WhatsApp banking has gained traction in countries like Nigeria
08/12/2021
The project will be divided into three phases: design, implementation, and pilot.
08/12/2021
The pandemic has accelerated the pace, and we have seen digital transformation initiatives within the sector compressed from years to months.
08/11/2021
Spagni was taken into custody by US Marshals in Tennessee last month at the request of SA authorities, who want him extradited back home to face fraud charges.
08/11/2021
It said total orders jumped 13% to 7.6 million from the same quarter a year earlier, while annual active platform users edged up 3% to 7 million.
08/11/2021
According to the details of the project, AFROXNFT Afro x represents a confluence of modern, mystic and ancient African design as illustrated by stellar African Afromysterics and 3D digital artist, Jesse Tomi.
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.