Mobile money can serve as a gateway to financial inclusion, it enhances the impact of international remittances on development. Digital platforms enable a significantly lower cost to serve and increased cross-selling of products in emerging markets while smartphone adoption and internet penetration are fuelling the expansion of e-commerce. According to...
FNB has launched virtual cards - available to individual customers across Debit, Fusion and Credit Cards and for business customers on Debit Cards. The Virtual Card will be available by October 2020 and customers will access it via the FNB App and the RMB Private Banking App. Once available, customers can...
As part of a drive to enable customers to bank digitally, 603 FNB branches are now connected to WIFI, this up from 383 branches since February 2017. Lee-Anne van Zyl, CEO of FNB Points of Presence, says “the expansion of WIFI connectivity across our branch network is primarily aimed at...
Mastercard has announced the launch of its Early Detection System, a new service that provides issuers with a unique advanced alert for cards and accounts at a heightened risk of fraudulent use based on their exposure in security incidents or data breaches. The business of stolen data is in the...
How we finance and manage our business in today’s South Africa is changing thanks to the increasingly important role of technology. Key developments in financial technologies are freeing small businesses and entrepreneurs from the evils of spreadsheets, outdated systems and shoeboxes full of receipts. Several key trends are set to...
Financial technology (FinTech) is a growing market worldwide. However, the emergence and development of the FinTech industry in Africa is proving incredibly valuable. In October of last year, the first African Fintech Awards took place in Johannesburg - highlighting the sense of respect and need for the industry in...
iCE3X has become the first cryptocurrency exchange in South Africa to launch native token in the form of Artificial Intelligence Coin (AIC) - a token developed by iCE3X, one of the oldest cryptocurrency exchanges in South Africa and Nigeria. The token aims at reducing the cost of transactions on...
Digital money transfer service, WorldRemit, announced on Thursday 7 December 2017 that it has raised $40 million which will be used to drive its next phase of growth, supporting its plan to serve 10 million customers connected to emerging markets by 2020. The Series C funding round brings the...
Multi-asset Bitcoin-based trading platform, PrimeXBT announced on Sunday, 28 July 2019, that it has launched a new mobile app for Apple iOS devices. The offering is said to provide access to all of the platform's available trading tools and assets, from anywhere in the world. The launch follows the...
On Wednesday, 17 July 2019, online payment company CASHU and Huobi announced a collaboration that aims to make 'accessing cryptocurrency as easy as buying a Netflix subscription or paying a bill' for millions of people across North Africa. With thanks to their new partnership, nearly 2.3 million CASHU users can...
Due to the very recent emergence of virtual currencies or cryptocurrencies, such as Bitcoin, in South Africa, there are currently no specific laws or regulations that deal with the use of cryptocurrencies. It follows that, to date, there isn’t any court rulings or directives that focus on the tax...
Garmin Southern Africa is excited to announce the Garmin Pay contactless payment feature that is now live on a range of Pay-enabled Garmin watches in South Africa. The feature is currently available to Visa-enabled cardholders of First National Bank (FNB) and RMB Private Bank. This new feature from Garmin enables...
Mastercard and Guaranty Trust Bank Rwanda Ltd (GTBank Rwanda) are building on their long-standing partnership in Rwanda by introducing a suite of digital payment solutions, aimed at extending the demand for safe and convenient payment solutions. GTBank Mastercard Platinum and Classic debit cards, as well as the GTCrea8 debit card...
Our lives have become, in many ways, a ‘mobile experience’. We’ve become inseparable from, dependent on and emotionally attached to our devices to the extent that we feel lost without them. Whether for social media, banking, business tasks, buying and selling products, or for identification purposes, mobile devices are...
An online platform which aims to drive intra-Africa trade is set to launch in Kenya next month. Traders of Africa (TOFA) already has its presence in Nigeria, Uganda and Rwanda. The platform will also launch in Ghana. The e-commerce company is focused on developing an online marketplace for the...
Ericsson has committed to developing Ericsson Emergency Wallet, a mobile financial services solution, for deployment in the immediate aftermath of disaster or crises to support humanitarian organizations and affected populations within Africa as well as globally. The company revealed that the Emergency Wallet solution will be designed for use in...
- Advertisement -

Get in touch

9,200FansLike
22,877FollowersFollow
606SubscribersSubscribe

Recent Posts