Managers of Wealth Africa

United Bank for Africa transforms its technology platform

The project scope covered implementation of core banking, online banking and treasury systems for the bank’s 19 country operations.

Unprecedented spike in cyber attacks since declaration of national disaster

Kaspersky reiterated a number of security tips, including using strong passwords, not sharing passwords, avoiding unprotected or public Wi-Fi and making use of multi-factor authentication where possible.

Digital stability: How technology can empower future generations in the Middle East

The upward trend in internet penetration rates – which vary by country – is driven by the declining cost of smartphones and mobile internet access.

Top Global Digital Intelligence Trends for 2020

2020 Annual Digital Intelligence Industry Benchmark Report Reveals Law Enforcement Agencies Have a Growing Reliance on Data Analysis with 90 Percent of Cases Involving Digital Devices & Cloud Applications

Coronavirus: Banks prepare against increased cyber-attacks

Experts warn that most often cybercriminals exploit human weakness to penetrate systemic defenses.

Nigeria is getting its first-ever bitcoin ATM

The unbanked population is a huge problem all across Africa, and it covers people who do not have bank accounts, therefore they can’t access any of the traditional banking services.

Absa Regional Operations Selects KAI

Africa's banking innovation leader uses Conversational AI to deliver new and impressive digital banking experiences as a cornerstone of its consumer digital strategy

Binance to launch fiat gateway in South Africa – Donates $1M to support blockchain development

In addition, South African users will be able to access all products of the exchange including futures contracts, trusted wallets, spot trading, among others.

Mobile money deals drop on tight liquidity

Payment deals worth Sh371.9 billion were completed through mobile phones during the month, a marginal 1.05 percent rise from Sh368.02 billion a year earlier.

UK-based robotics company to open office in Cape Town

Blue Prism said its new office would also encourage knowledge-sharing and RPA innovation via its South African Digital Exchange community, which was launched last year.

Ghana: Stanchart Introduces Online Mobile Platform to Boost Trade in Bonds, Treasury Bills

It said the fixed income trading platform on the SC Mobile app included simplified client investment profiling, sale and purchase of treasury bills at any given point in time.

Major banks at risk of losing billions of dollars in fee-based revenues - Study

It comes as tech-savvy start-ups seek to secure market share from big banks by offering a wide range of financial services, including checking accounts and international money transfers with lower or no fees.

Central Bank Cashless Policy Nears Implementation in Nigeria

The bank, in the circular, argued that going cashless would help minimize the crime rate in the country while helping to authenticate and formalize transaction processes.

Path Solutions adjudged Best Technology Solution provider

Path Solutions has announce recognition as ‘Best Technology Solution Provider to African Interest-Free Banking and Takaful’ award winner at the 2nd International Interest-Free Banking and Takaful Forum that took place on February 18 in Addis A

Nedbank pumps R10bn into IT strategy

Nonetheless, Nedbank says it is making good progress on its digital strategy and aims to be Africa’s number one digital financial services player.

Altron Gets Nod for Acquisition of Ubusha Technologies

“This acquisition was the springboard for the creation of a new division, Altron Security, which will allow us to begin to offer solutions in identity management," Altron chief executive Mteto Nyati said.

Private Equity Firm Pumps $250m Into Pan-African Data Centre Platform Creation

Data Economy understands the deal with RackCentre to be Actis first investment as part of the data centre platform venture.

i2c Expands Presence in Middle East and Africa Due to High Demand for Its Agile Processing

Prior to joining i2c, Khan was VP, Government Business Development for Mastercard in the UAE and Oman

Access Bank to Launch a Facial Recognition Payment System

The new facial platform also enables more convenient payments in merchant locations and faster (withdrawals and transfers) in Access Bank branches.

Big banks and 2FA – What you need to know

MyBroadband asked South African banks whether they employ two-factor authentication for their online banking logins and to perform other functions on these portals.

FinTech