Managers of Wealth Africa

Kenyan banks to test mobile lending app to ease SME squeeze

And pressure on banks to use mobile channels to cut costs has increased since the government capped rates, crimping their profit margins.

‘Banks’ Collaboration with Fintech Key to Digital Transformation’

“The future is digital and we must embrace it through collaboration with FinTech players to achieve the digital transformation dream of Nigeria and Africa at large,” Bajomo said

Wigwe: AI, analytics imperative for banks, fintechs’ competitiveness

This, he said, has enabled financial service providers to increase their digital offerings for customers so they can conduct banking transactions on mobile phones, the internet, and at the automated teller machine (ATM).

What African Central Bankers May Decide in the Next Two Weeks

Oil is adding to cost pressures and countering the positive effects of portfolio inflows and the support to African countries’ currencies that came from the U.S Federal Reserve and European Central Bank’s recent dovish tone, said Cobus de Hart

Ecobank Ghana to leverage digital platform to promote cash-lite agenda

“Our range of products and services meet the day-to-day banking, financing, investment and transactional needs of our customers."

Kenya sets pace with launch of blueprint for digital economy

By launching its own blueprint, the first on the continent, Kenya indicated its potential to meet the objective of being a pacesetter for African countries that are embarking on this digital transformation journey.

Digital agency banking to drive deposits for CalBank

CalBank is expected to complete moves to use agency banking to grow its deposit by the end of this quarter 2019.

Financial Inclusion in Africa To Be Boosted Following Launch Of This New Fund

In a bid to continue supporting financial inclusion in Africa, Dubai-based Investment banking advisory firm Nimai has unveiled a USD 150 Mn fund in a partnership with Kenya’s Victoria Commercial Bank .

Ecobank Ghana introduces unified electronic payment solution for merchants

Osu Oxford Street is the latest to receive the Ecobank Pay Zone putting the number at 8 in the whole country.

Zambia digital drive to boost Standard Bank

Investment might be sign of things to come in Africa

Africa Fintech Foundry Supports Fintech Start-ups

He said the five startups were shortlisted for demo at the ”Disrupt 2019 Conference”, which would be held on May 16.

Bank workers who survive robot uprising stand to make more money

Forty per cent of existing jobs at financial firms could be automated with current technology, McKinsey said.

Cybersecurity firm Kaspersky raises flag on SIM fraud

A SIM swap fraud happens when someone convinces a telecoms operator to switch a phone number over to a SIM card that a criminal possesses.

‘This technology is not a luxury’: TymeBank CEO on AI chatbot

Deploying these technologies for us is not a luxury.

MAS works with Kenyan counterpart for first Afro-Asia fintech fest

Some of the most exciting developments in technology-enabled financial inclusion are happening in Africa and Asia,” said Ravi Menon

Five tech-driven insurance companies in Johannesburg

The Internet of Things advancements that have been fostered by cheaper data costs in bigger regions haven’t been applied to the same extent in South Africa

Experts urge Nigerians to explore skill devt in cybersecurity

The experts, who made the call, noted that with the increase in the prevalence of cyberattacks on business organisations, government infrastructure and individuals, the demands for cybersecurity skills would also be on the rise.

World Bank advocates for digital banking to rope in the poor

The report also calls for a balance between innovation and risk, to cater for consumers who want not only to save, but to access digitally enabled, market-based wealth-building products.

Irish Fintech secures funding for African micro loans

The start-up has committed to helping the next 2 billion people progress into the formal financial world

Safaricom offers special dividend as revenues soar

Safaricom, which is listed on the Nairobi Securities Exchange, rode on increased revenues from its mobile money platform M-Pesa and data to grow revenues during the 12-month period to March 31.