Managers of Wealth Africa

Fintech startups and PCI DSS compliance: what you need to know [Opinion]

These banks do so in order to increase functionality and create a more attractive model for their customer base.

Luno will now allow customers to trade Ripple on its platform

In 2019, Luno asked a sample of customers which coins they would most like to see added to the platform and the survey found that Ripple was the coin they most wanted to buy.

South African fintech startup Jumo raises second $50M+ VC round

After the latest haul, Jumo has raised $146 million in capital, according to Crunchbase.

Zedcrest Launches New Subsidiary To Offer Digital Wealth Management In Nigeria

A recent guideline from the central bank elongates the available CBN futures yield curve to 5 years from 12 months.

Innovation spurs banking transactions growth to the fastest rate in two years

Chief economist at economists.co.za Mike Schüssler said at first glance, the data did not sync with the economic reality.

Egypt’s Oldest Bank Taps Ripple Remittance Solution

Egypt's oldest bank, the National Bank of Egypt is adopting Ripple blockchain remittance solution as blockchain utilization spreads.

Nedbank customers can now use Samsung Pay

The platform leverages a pair of useful technologies to facilitate these transactions – NFC and MST.

Standard Chartered leads the way with e-payment solutions

Globally, the dominance of cash payments continues to decline significantly.

South African digital challenger Bank Zero to launch in mid-2020

The bank collaborated with Mastercard teams in South Africa, India, and the US to develop the new proposition. It also utilised the encrypted card security expertise of IBM for the new offering.

S'pore's Tolaram to grow Africa presence with digital banking

'Noodle king' there will use systems, learning, tech from its bank in Indonesia as a blueprint

Inclusive African tech start-ups would yield better ideas, results

Africa-specific data is lacking, but sources suggest only nine per cent of start-ups have women-leaders, and female-led South African start-ups receive only 4.5 per cent of all funding.

UBA Liberia launch Push and Pull Service with MTN Mobile Money

UBA Liberia MD/CEO Olalekan Balogun speaking at the launch, expressed thanks to MTN for the partnership and called on customers to take advantage of the service and begin using it immediately.

Banks need to use technology to drive customer growth according to Microsoft

In Kenya, HF Group was able to establish a scalable, cloud-based IT environment in two months instead of two years compared to an on-premises setup.

A Cartel Of Notorious Russian Hackers Are Now Attempting To Hack Their Way Into Sub-Saharan Africa’s Banking Sector

The Silence Group is not a new cult in town.

How digital technology is helping Nigerians access better banking solutions

Financial inclusion still has a long way to go in Nigeria, but the digital solutions provided by Access Bank ensure that fewer citizens than ever lack access to vital banking services

MTN bets on mobile money relaunch to reach millions without bank accounts

Around 11 million South Africans do not have banking facilities

It’s getting easier for SMEs to do business in Africa – and technology is playing a key role

Small businesses continue to battle with unreliable electricity, registering property, paying taxes and managing debt.

Ecobank Launches a Pan-African Banking Sandbox for African Fintechs

African fintechs such as Flutterwave (Nigeria), Africa’s Talking (Kenya), Callme2Work (Kenya), and Esicia ltd (Rwanda) have reportedly been pre-selected for the pilot launch.

Russian hackers target African banks

The malicious file is downloaded on to a bank employee’s machine and from their Silence waits and observes.

On Google Play Store, some Nigerians are dissatisfied with their mobile banking apps

One of the places they complain the most is on Google Play Store, the online marketplace where android phone users download various types of apps.

FinTech