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Nigerian banks have been urged by Cisco and Signal Alliance to undergo digital transformation.

Nigerian Banks urged to undergo digital transformation

April 28, 2017 • Finance, General, Top Stories, West AfricaComments (0)

Nigerian banks were recently met with Signal Alliance and Cisco. In the meeting the two companies showcased just how the banks can improve their operations and security to be  more efficient without spending above their budget. Speaking at the Signal Alliance-Cisco business engagement session, Adegbola Adesina, Signal Alliance Director of Service Delivery...

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alcatel one touch

NMB bank launches online interactive support centre

April 27, 2017 • Finance, Online & Social, Southern Africa, Top StoriesComments (0)

NMB Bank has launched an interactive support centre, while also launching itself onto social media, providing customers with several means of interacting with the bank and obtaining information and assistance online. The bank now has a presence on Facebook,...

Brian Richardson, CEO and founder of WIZZIT International.

Worldwide trade at every income level

April 25, 2017 • Finance, OpinionComments (0)

The global arena’s focus for financial trading has always been on those with top-end earning potential. While a lucrative market to date, no doubt, new technologies are taking the goal posts out of play altogether, and barriers to entry for online...

Merchants can easily maximise the shopping experience delivered to their customers. (image: mastercard)

Biometric card unveiled to help curb card fraud

April 21, 2017 • Finance, Security, Southern Africa, Top StoriesComments (0)

South African will be first in line to test a new biometric card unveiled today by Mastercard. The card combines chip technology with fingerprints to verify the cardholders identity for in-store purchases. There were two separate trials recently concluded...

GTP and Mastercard have partnered to introduce prepaid solutions across Africa to meet the needs of various sectors, supporting government’s goals of a cashless continent.

Prepaid payment solutions drive cash out of Africa’s economies

April 19, 2017 • Finance, Online & Social, Top StoriesComments (0)

Mastercard and prepaid processing and payments solutions provider Global Technology Partners (GTP) signed a partnership agreement that will result in the latest prepaid solutions being made available across Africa to government institutions, financial...

Jacob Morgan, Forrester analyst serving eBusiness and channel strategy professionals.

Open banking revolution is coming and, with it, opportunity says Forrester

April 18, 2017 • Finance, OpinionComments (0)

New regulations encouraging open banking may bring additional operational challenges, but new research by Forrester shows open banking has the power to transform the global banking landscape over the next decade. Open banking is the next step in the digital...

The new payment solution, PayToo SmileandPay©, that verifies, secures and validates payment by using QR Code and facial recognition features.

PayToo SmileandPay, a payment solution that uses facial recognition launched

April 18, 2017 • Finance, Online & Social, Top StoriesComments (0)

PayToo Merchant Services Corp. unveiled a new mobile payment solution that uses facial recognition. PayToo SmileandPay is the newest technology incorporating QR Code features and facial recognition to verify payment. It replaces the need to remember passwords...

Peter Rix, Chief Technology Officer at Absa.

AI in banking: The next piece in the digital puzzle

April 13, 2017 • Finance, OpinionComments Off on AI in banking: The next piece in the digital puzzle

What big banks of today have that places them at the forefront of the digital revolution is an overwhelming amount of data. Many traditional financial institutions have already created big data operations that incorporate technology, data science and...

ISACA’s Cybersecurity Nexus Training Platform and Assessment Tool offer on-demand, hands-on training and skills assessment in live lab environment.  (image: Yu Samoilov)

New payment controls service to bloster customers’ fraud and cyber-crime controls

April 12, 2017 • Finance, Mobile and Telecoms, SecurityComments Off on New payment controls service to bloster customers’ fraud and cyber-crime controls

SWIFT, financial messaging services has announced a new real-time payment controls service to complement and strengthen its customers’ existing fraud controls. The new fraud and cyber-crime prevention service will enable SWIFT customers to screen their...

Applications for the Mastercard Start Path Global 2017 open until April 23, 2017. (image: mastercard.us)

Mastercard Seeks Innovative Startups for Start Path Global 2017 Class

April 12, 2017 • East Africa, Finance, North Africa, Southern Africa, Startups, Top Stories, West AfricaComments Off on Mastercard Seeks Innovative Startups for Start Path Global 2017 Class

Mastercard invites startups who are reshaping the future of commerce to apply for the Start Path Global 2017 class, the company’s global initiative to support innovative later-stage start ups. The programme is open to startups from across the world who are...

FNB launch  Augmented Reality and FNB TV on the FNB Banking App. (Image Source: UA Tech)

FNB launches Augmented Reality on its App

April 12, 2017 • Finance, Southern Africa, Top StoriesComments Off on FNB launches Augmented Reality on its App

FNB has announced the introduction of Augmented Reality and FNB TV on the FNB Banking App. The new features were launched this week. One of the key new features allows the eBucks Partner locator on the FNB App to use augmented reality technology to help...

Namibia's Gopay is  built in collaboration with WIZZIT International.

Namibian bank rolls out first mobile fuel payments

April 11, 2017 • Finance, Mining & Energy, Online & Social, Southern Africa, Top StoriesComments Off on Namibian bank rolls out first mobile fuel payments

Financial Service Provider, Bank Windhoek, has embraced mobile technology to launch the first mobile fuel payment system in Namibia. GoPay, built in collaboration with WIZZIT International, allows Namibians to pay for fuel on the go, without having to use...

Online banking is convenient but the best protection is to monitor bank accounts.
 (image: Pixels)

SA fintech business Entersekt wins banking security award

April 11, 2017 • Finance, Southern Africa, Top StoriesComments Off on SA fintech business Entersekt wins banking security award

It was announced on Monday the 10th of April that for the second year running, South African fintech company, Entersekt has won Best Mobile Security Technology in the 2017 Banker Africa Southern Africa Banking Awards. Open to all banks and financial...

Niel Bester, SVP Products at Entersekt.

Are authenticated collections reinventing the debit order?

April 10, 2017 • Finance, Opinion, Southern AfricaComments Off on Are authenticated collections reinventing the debit order?

Although introduced with good intentions, South Africa’s unique early debit order system is open to abuse, as is evident in the almost one million disputes lodged every month. It is particularly lower income groups that bear the brunt. Imagine the impact of...

VoiceIt has won the 2017 Re: Code Nigeria Hackathon. (Image Source: Devcentre)

Voice Banking App Wins Big At Re:Code Nigerian Hackathon

April 4, 2017 • Events, Finance, Startups, Top Stories, West AfricaComments Off on Voice Banking App Wins Big At Re:Code Nigerian Hackathon

VoiceIt, a Voice banking app, has won the 2017 Re: Code Nigeria hackathon. As the winners VoiceIt will be taking home ₦1.5 million and in addition to the prize money they will also be receiving access to Microsoft Azure and the IBM platform for a year....

Businesses can pay employees anywhere, anytime with an  online payroll solution for start-up and small businesses.

Online payroll solution for start up and small businesses launched in Kenya

April 3, 2017 • Cloud Computing, East Africa, Finance, Top StoriesComments Off on Online payroll solution for start up and small businesses launched in Kenya

Market and technology for integrated accounting, payroll & HR and payment systems, Sage has announced today that Sage One Payroll is now available in Kenya from 3 April. The cloud solution integrates with Sage One Accounting, offering a business solution...