Managers of Wealth Africa

Digital currencies, regulation closing access gaps

Top on the mind among respondents were security and data protection risks

What banks can do to secure systems from cyberattacks

Cyberattacks, mostly targeting payment systems, are now one of the most powerful threats, with more than 82 per cent of the companies having been targeted, according to a recent AFP research.

Five Facts on Fintech

A new paper details the results of the survey alongside findings from other regional studies

How safe is our personal information?

The service agreements we sign with banks, internet providers and cellular companies allows them to collect a huge amount of our personal data.

Why Africa should embrace cryptocurrency

To think that decentralised digital currencies like Bitcoin and Ethereum won’t fundamentally change how the world views and uses money would be rather absurd.

£854m fund manager: ‘Google will be a great dividend payer one day’

The firm has worked alongside the Fleming family, including Robert’s grandson Ian, the creator of James Bond, ever since.

South Africa’s Standard Bank adopts Finacle Mobile Teller solution

The implementation of ‘Moby’, Finacle’s Mobile Teller Solution as we call it, has been a significant step in our journey towards customer centric digitisation and process optimisation.

Africa’s biggest “digital dividend” lies in its rural areas, report

“It is the many emerging digital tools targeting agriculture and services that will generate attractive jobs on the continent in coming decades.”

Banks should adapt to compete with fintechs

This is because most, if not all teenagers, once opened their bank accounts at a bank selected and preferred by their parents.

Kenya's Safaricom launches fraud intelligence solution curb cybercrime

He revealed that the solution works across the three channels including USSD, internet banking and smartphone apps.

South African SME finance startup Lulalend raises $6.5M Series A

“The biggest thing is strengthening our balance sheet so we can access traditional debt funding to grow our loan book,” Gosling told TechCrunch on a call.

SA digital banking fraud soars 75% in a year

A total of R262.8m was lost to digital fraud in 2018, compared with R250.5m in 2017.

A vibrant digital economy to accelerate Africa’s transformation

The panel also highlighted the main recommendations from the report of the joint European Union – African Union Digital Economy Task Force (DETF), co-chaired by Guislain and Ghanaian Minister of Communications Ursula Owusu-Ekuful.

Digitalisation key as Africa bucks world growth trends

World Trade Organisation estimates show that the volume of global merchandise trade grew by 3% in 2018, down from 4,6% in 2017.

FNB, Capitec tied for South Africa’s best digital bank

Absa has also noted a significant upward trend, scoring 12 points higher today than five years ago.

In Sudan, internet users find ways to beat blackout

Internet on mobile phones and fixed land connections has been widely cut across Sudan since the violent dispersal of a protest camp outside army headquarters on June 3 that left dozens dead and hundreds wounded.

Ethos AI Fund backs South Africa's first fully digital bank

Ethos Artificial Intelligence (AI) Fund and co-investors have invested R200m in recently launched digital bank TymeBank, which is majority owned by African Rainbow Capital (ARC).

Sasfin establishes Digital Advisory Council

Specialist financial services provider Sasfin Bank has established a Digital Advisory Council to provide the market with industry-leading expertise and insights on trends shaping the use of technology in financial services.

Bamboo Capital to Invest $112m in Bloc Fund for Fintech Investing with Support from Smart Africa Alliance

The announcement follows the establishment of an agreement between Smart Africa and Bamboo Capital whereby Smart Africa will shortlist businesses in which Bloc may choose to invest.

Data costs are preventing African consumers from taking full advantage of the crypto economy

Cryptocurrencies offer a financial lifeline to people excluded from the formal financial economy and to those living in oppressive political or economic regimes. Digital private currencies allow individuals to move their money across national borders with

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