11/18/2020
Capitec Bank now also offers virtual card payments
Capitec says clients can create their virtual cards on the Capitec app. As the card is stored in the app, clients do not have to visit a branch to get their virtual cards.
FinTech
11/17/2020
How Standard Chartered approaches cyber security
Bank uses security-by-design principles and conducts red-teaming exercises among other measures to fend off cyber breaches
11/17/2020
Ghana Tech Lab Partners With ABSA Bank To Launch StartupBAS
ABSA Will Provide Free Business Development Support To Startups
11/17/2020
Digital transformation and cloud security top of mind for enterprise
The respondents also identify with each other when it comes to the biggest pain points.
11/17/2020
Arbitrage is an excellent way for crypto newcomers to get started
It’s virtually risk free, legit, and you can make 4-6% a week.
11/16/2020
Can blockchain make a difference? Africa sees vast monetary potential
As access to crypto spreads across Africa, blockchain could be crucial in improving cross-border payments and settlement systems.
11/16/2020
Ovex moves nearly R2bn a month in crypto transactions
Most of it on behalf of institutions and high-net-worth individuals.
11/16/2020
Value of Equity digital deals overtakes branch banking
The rise relates to the nine months ended last September, with the sharpest momentum coming after mid-March when Kenya reported the first case of the infectious virus.
11/16/2020
SA-based AI-fintech startup secures R25 million in funding
The funding will increase the usage of conversational AI options within the monetary trade to West Africa and Europe.
11/16/2020
Access Bank recognised as ‘Best Digital Bank in Africa’
The Bank has also employed the use of technology to help achieve its sustainability targets.
11/15/2020
‘Digital solutions will be the lynchpin of business growth in the coming months’
The bank is known for its prudent philosophy and governance.
11/15/2020
Nigerian challenger bank Kuda raises $10 million
The Kuda journey began with what seemed like an impossible mission: To give all Africans on the planet access to the best banking services at prices they can comfortably afford.
11/13/2020
Standard Bank leads mass rollout of contactless cards across Africa 20 hours ago000
In many countries around the world, the use of contactless payments has quickly become deeply embedded into everyday payment habits.
11/13/2020
Absa registers 10,000 customers in first four months for for chat banking on WhatsApp
Absa ChatBanking on WhatsApp is an automated messaging system available to Absa account holders.
11/13/2020
Africa: Boost insurance growth through mobile phone partners
Prudential said in August that it will focus on Asia and Africa as it seeks to achieve “sustained double-digit growth” in embedded value per share.
11/12/2020
Nigerian digital bank Kuda raises $10m seed funding round
Nigerian fintech startup Kuda, which is building a pan-African digital challenger bank, has closed a US$10 million seed funding round in order to accelerate its growth and keep up with customer demand.
11/12/2020
Mobile Banking applications remain the most popular platform for digital banking
According to Agusto & Co, mobile banking applications remain the most popular platform for digital banking.
11/12/2020
A Tech Role Model For Nigeria
Add to that a burgeoning population, and Nigeria is beginning to look to like India five years ago.
11/11/2020
Online platform unlocking women’s competitive edge
In Kenya, only 20 per cent of women in Nairobi slums are connected to the Internet against 57 per cent of men, says the foundation in its measure of the country’s progress in ICT.
11/11/2020
Banks accelerating digitisation in wake of Covid-19
Paper-based documentation has been hard to shake off, however.