Managers of Wealth Africa

Standard Bank becomes first African bank to join the global blockchain-based Marco Polo Network

Standard Bank is constantly looking for ways to provide best-in-class trade finance products to our customers

How angel networks are filling startup funding gaps in Africa

This is a gap that can be filled by angel investors, and ABAN is hard at work convening angel networks across Africa.

Fintech Nomanini raises $4m in funding round led by Standard Bank

All this increases transparency and lubricates the channel with capital, driving scale in a low margin economy and unlocking the latent potential of informal retail trade in Africa.

South African Standard Bank joins trade finance blockchain Marco Polo

Standard Bank, which is present in 20 African countries, will now be able to contribute to the governance of Marco Polo while also taking advantage of its blockchain-powered applications.

Rwanda’s Central Bank Eyes Digital Currency and Blockchain

Rwanda plans to learn from the experiences of other central banks in advanced countries that have tested digital currency and the blockchain such as Singapore, Canada, and the Netherlands.

South African banks are watching cryptocurrency closely

Despite their fears of Facebook’s Libra, many countries are looking into implementing their own digital currencies to complement traditional ones.

Virtual card payments in SA on the rise, says Standard Bank

The institution is also confident that the use of virtual cards is going to continue to rise.

Kenya’s biggest banks look to mobile banking to drive profits

The bank registered Sh12.7 billion in profit after tax in 2019 half year result, an upward improvement of 5 per cent from Sh12.1 billion registered during the same period last year.

North Korean cyberattacks on South Africa – Banks respond

South Korea, India, Bangladesh, and Chile each suffered multiple attacks by North Korea.

Old Mutual to use ‘insurance drones’ to investigate car accidents in South Africa

Coleman said that accident reconstruction software has the ability to import aerial accident scene photography and vehicle crush damage which will enhance the overall final product and accuracy.

SMBC Selects Exiger's DDIQ as a New AI AML Tool in EMEA Region

Following a rigorous evaluation period, SMBC selected DDIQ to deploy throughout its client onboarding and monitoring processes.

Mauritius to embrace Blockchain Technology

Considerable technological investment and appropriate employee training will need to be implemented in the coming months.

Africa’s Tech Industry Is Booming And It's Time The World Takes Note

Today, there are at least 442 active tech hubs on the continent. Countries like Nigeria, South Africa, Morocco, Egypt, and Kenya

Mauritius – Playing in a tropical, Fintech sandbox

Mauritius is not the only African country to see the potential of digitisation but it is in the interesting position of acting as a gateway for investment into and out of other African countries.

Nedbank shows the mountain incumbents have to climb

Enabling self-service is not as easy as the upstarts make it seem.

Lazarus group behind recent cyberattack on South Africa - Kaspersky

Time reported on Tuesday that UN experts are investigating these cyberattacks.

Improved cybersecurity laws needed to deal with rising SA cybercrime

Cybercrimes across digital banking platforms alone increased by 75% in 2018 - resulting in losses of over R262 million - according to the South African Banking Risk Information Centre’s (Sabric) annual statistics.

African fintech showcase

The reason we exist is to close the information gap where private companies are concerned on the African continent.

Cyber security takes centre stage as SADC leaders meet

"Cyber crime is becoming a serious concern in the region like elsewhere across the world," said Mapolao Mokoena, SADC director of infrastructure and services.

Estonia-Based Cryptocurrency Firm Launches Operations In East Africa

This feature enables the platform to trace the history of Totalcoins thus stopping people from spending other users’ coins, making copies of the coins or undoing transactions.

FinTech