08/30/2019
Don't bank on digital disruptors, says Nedbank CEO
He said the bank had, in recent years, invested approximately R2bn a year in new technologies in the interests of being more competitive in a new era of banking.
FinTech
08/29/2019
Internet bankers fall by 12% – Bank of Ghana
Over the period, however, the number of registered mobile banking customers increased to 3,891,269 in 2018
08/28/2019
South Africa is a world leader in water technology – now we just have to put it into practice
A key driver of a successful economy in the 21st Century is innovation.
08/28/2019
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
08/27/2019
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.
08/27/2019
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.
08/23/2019
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.
08/23/2019
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.
08/22/2019
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.
08/22/2019
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.
08/21/2019
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.
08/21/2019
North Korean cyberattacks on South Africa – Banks respond
South Korea, India, Bangladesh, and Chile each suffered multiple attacks by North Korea.
08/21/2019
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.
08/20/2019
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.
08/19/2019
Mauritius to embrace Blockchain Technology
Considerable technological investment and appropriate employee training will need to be implemented in the coming months.
08/15/2019
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
08/15/2019
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.
08/15/2019
Nedbank shows the mountain incumbents have to climb
Enabling self-service is not as easy as the upstarts make it seem.
08/15/2019
Lazarus group behind recent cyberattack on South Africa - Kaspersky
Time reported on Tuesday that UN experts are investigating these cyberattacks.
08/15/2019
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.