Managers of Wealth Africa

Add more to your mobile banking experience

Standard Bank is elevating its mobile banking experience with the launch of a new Add-on Store on its banking app.

Morocco central bank exploring digital currency but Bitcoin still banned

In addition, this committee will thoroughly review all consequences of a CBDC on monetary policy, the structure of banking intermediation, financial stability and legal framework.

Absa Bank helps distressed Africans keep their homes during pandemic using FICO collections technology

Communications is the key to effective collections, and Absa needed to break down siloed communication channels, create profile-specific communication strategies, and execute real-time processes.

SS&C Intralinks Sees Continued Strength in Mergers & Acquisitions Activity through Q2 2021

We anticipate positive M&A volume across most territories through Q2 2021 and are looking at new ways in forecasting deal volume through these unique times.

Bank One bags Citigroup’s STP Performance Excellence award

Bank One successfully achieved an STP rate of 100% (USD) and 99.8% (Euro) for treasury payments and 98.80% (USD) and 99.65% (Euro) for commercial payments.

Standard Bank Group establishes Africa's first Hedera network node to enable much-needed digitisation of cross-border trade processes

Stablecoins are designed to minimise price volatility by pegging the currency to a relative or particular "stable" asset or basket of assets.

Time for a digital scale-up in Africa to unlock the continent’s untapped creative economies, panelists say

The dialogue was held against the backdrop of the recent coming into force of the African Continental Free Trade Agreement (AfCFTA). 2021 is also the African Union’s year of arts, culture and heritage.

South African bank challenger Tyme to launch in Asia

Lender launched by billionaire Patrice Motsepe will set up in the Philippines as part of deal

Iress integrates TP ICAP Fusion RFQ into trading platform

The increase in flows from the Iress trading community means that TP ICAP clients will have access to a larger pool of liquidity.

What can Mena learn from the African experience in fintech?

With game changing digital innovations entering the fray in recent years, it has become possible for such nations to leapfrog several generations in technology.

Kenya Is Becoming a Global Hub of FinTech Innovation

The development of modern FinTech stretches back further than a few decades

Priority Activator Consulting Kenya and BankBI collaborate on expanding data-driven analytics solutions

The BankBI platform enables Kenyan financial leaders to better manage their overall financial performance by linking data from internal technology platforms and translating the data into insights that can reduce costs and drive profitability.

New ACH goes live in Zimbabwe

Owned and operated by Zimswitch under the brand name ZEEPAY this system initially introduces a highly efficient, highly secure batch-based credit push payment clearing and settlement stream.

Xero and Nedbank’s plan to save small businesses time and money

The direct link between bank accounts and accounting software is already proving popular.

SA banks see new opportunities in virtual, augmented reality

Absa partnered with Snapchat to introduce an augmented reality game on the multimedia messaging app.

Closing the Internet Gap in Sub-Saharan Africa

Sub-Saharan Africa, with its growing population and unreliable economic growth, faces a looming crisis if it is not able to provide its students and workers with access to the internet.

Nigeria's Interswitch launches Quickteller Business to support the growth of the SMEs across Africa

Quickteller Business will also offer a three-month zero transaction fee incentive for SMEs that sign up now, as part of its launch offer.

Tranglo opens payment corridors to Africa, Latin America

Tranglo also aims to play its part in lowering the cost of remittances in these regions.

StanChart’s race to digital dominance

Standard Chartered’s credibility in banking is without question.

How cryptotraders are handling CBN’s crypto ban and bank account closure

Meanwhile, since they cannot reach a compromise with the regulator, all that’s left is to find a way to game the system.