04/30/2020
Kenya is advising citizens to use digital payments
Out of Africa’s 54 countries, only two have yet to report a case of the virus: Comoros and Lesotho.
FinTech
04/28/2020
Banking Apps: Why SC app stands out amongst others
With this account, you can make transfers to other banks in Nigeria seamlessly without adding beneficiary or choose to save the beneficiary for future transfers.
04/28/2020
African regulators urged to allow cloud tech in financial services
The report urges African regulators to develop clear policy positions and regulations on data privacy
04/24/2020
How banks are going digital to manage COVID-19
Looking beyond the crisis, the document underlines that many of the ‘rapid response’ quasi-digital solutions in place or being put in place currently will be re-examined and likely withdrawn post-crisis
04/23/2020
Top seven 2020 Fintech trends in South Africa
Making a return, 2020 will see Bitcoin come into focus.
04/21/2020
Cloud-computing solutions can help significantly to reduce banking costs in Africa
Part of the cost problem is that financial institutions in Africa are so much smaller than elsewhere – the biggest bank in Africa (SBSA with assets of $148 billion) ranks 296th globally; most banks in Africa have assets of less than $5 billion.
04/21/2020
World FinTech Report 2020
FinTech collaboration is even-more essential now for banks to achieve customer-centricity
04/21/2020
Cloud-computing solutions can help significantly to reduce banking costs in Africa
Cloud computing creates an opportunity for providers of financial services to rethink their technology spend and significantly reduce costs
04/21/2020
Maitland’s Investran move aligns to our global growth strategy
This ongoing commitment ensures that the system and our reporting capabilities are aligned with the ever-changing regulatory environment and the needs and expectations of our clients.
04/20/2020
Private banking meets the public cloud
They need the same flexibility as the larger banks.
04/20/2020
A third of banking malware attacks in 2019 targeted corporate users
Over the past three years, the numbers for attacks targeting corporate users remained steady at 24% to 25%.
04/17/2020
How adoption of technology can give much-needed boost to insurance
Trade tensions, geopolitical issues and lack of agreement on how to tackle climate change all contribute to a general sense of unease about the future, more so than has been reported in the survey since 2009.
04/16/2020
How to make digital meetings feel like face-to-face
It’s fairly straightforward to use, and you can send a client a link so they can speak to you and see any documents you’re sharing.
04/16/2020
Credit Bank Launches Video Conferencing Services For Customers
We are committed to ensuring our customers feel supported as we walk this journey together
04/16/2020
KRA introduces online alternative dispute resolution sessions
Kenya Revenue Authority (KRA) has introduced online Alternative Dispute Resolution (ADR) sessions to safeguard taxpayers during the Covid-19 pandemic.
04/16/2020
Digital lenders to cut instant loans on CRBs directive
The digital micro-lenders were the main driver of a surge in credit status reports requested from the CRBs to 12.40 million in 2018 from 4.38 million the year before, the Central Bank of Kenya (CBK) data show.
04/15/2020
Kenyan digital lenders feel the heat of virus
Although the upsurge of mobile bank and digital apps have become an important part of the credit system in Kenya households and owners of small-and medium-sized businesses have taken advantage of their mobile phones to access quick loans, mostly without a
04/15/2020
COVID-19 pandemic bolsters case for technology-based economic resilience (by Stefan Nalletamby)
African Development Bank has raised an exceptional $3 billion, three-year bond to help alleviate the economic and social impact of the COVID-19 pandemic
04/15/2020
SA’s tech CEOs heed ‘Thuma Mina’ Solidarity Fund call
On 23 March, Ramaphosa announced a Solidarity Fund had been created, saying: “Following consultation with social partners, we have set up a Solidarity Fund, which South African businesses, organisations and individuals, and members of the internatio
04/14/2020
Kenyan digital lenders feel the heat of virus
The total cost of credit (TCC) for digital loans is very high