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South African Rand to pair with Zcoin on OVEX platform

South African Rand to pair with Zcoin on OVEX platform

August 30, 2019 • Finance, Southern AfricaComments Off on South African Rand to pair with Zcoin on OVEX platform

Open-source and decentralised privacy cryptocurrency, Zcoin ($XZC) announced on Friday, 30 August 2019, that it has now been listed on OVEX with a South African Rand (ZAR) pairing. “Zcoin’s listing on OVEX will create the opportunity for traders to fill the vacuum in offering privacy with the introduction of $XZC to the South African market,...

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Telegram to launch crypto by Oct 2019 or face forfeiting everything

Telegram to launch crypto by Oct 2019 or face forfeiting everything

August 30, 2019 • Features, Finance, Top StoriesComments Off on Telegram to launch crypto by Oct 2019 or face forfeiting everything

So far, 2019 has been jam-packed with companies all over the globe looking to revolutionise the world’s current financial system – with the most notable contribution coming from social networking giant, Facebook. (ICYMI – in June, Facebook...

Fintech startup on a mission to create affordable housing

Fintech startup on a mission to create affordable housing

August 29, 2019 • Finance, StartupsComments Off on Fintech startup on a mission to create affordable housing

International NPO, Habitat for Humanity announced on Wednesday, 28 August 2019, that the Terwilliger Centre for Innovation in Shelter has recently made a $300 000 investment in iBUILD Global, a multi-national fintech-for-housing company. The Terwilliger...

Fin-tech startup launches payment solutions platform throughout Africa

Fin-tech startup launches payment solutions platform throughout Africa

August 28, 2019 • Features, Finance, StartupsComments Off on Fin-tech startup launches payment solutions platform throughout Africa

UK based fin-tech startup, SympliFi announced the launch of its fin-tech platform on Wednesday, 28 August 2019. The platform is said to have been designed to empower users around the world offering access to financial solutions – meaning people living...

Standard Bank enables wider access to Shyft App

Standard Bank enables wider access to Shyft App

August 28, 2019 • Finance, Top StoriesComments Off on Standard Bank enables wider access to Shyft App

Remote biometric digital authentication company, iiDENTIFii, has enabled Standard Bank to offer its Shyft App to non-Standard Bank customers through remote identity verification. With the iiDENTIFii solution in place, non-Standard bank users can open a Shyft...

South African insurer launched Whatsapp chatbot

South African insurer launches Whatsapp chatbot

August 27, 2019 • Finance, Southern Africa, Top StoriesComments Off on South African insurer launches Whatsapp chatbot

Guardrisk – part of Momentum Metropolitan Holdings Limited – has partnered with Root, a Fintech start-up, to extend its CarSure product, which offers insurance to people renting cars. The latest chatbot offering provides excess buy down cover to protect...

South African financial comparison company invests in loan site

South African financial comparison company invests in loan site

August 26, 2019 • Finance, Southern Africa, Top StoriesComments Off on South African financial comparison company invests in loan site

South African financial comparison company, Fincheck announced on Monday, 26 August 2019, that it has taken over the full management and equity in FundingHub – allowing Fincheck to sign on 71 banks, lenders and insurers. Michael Bowren, Fincheck CEO,...

Standard Chartered Bank voted best consumer digital bank in Kenya

Standard Chartered Bank voted best consumer digital bank in Kenya

August 23, 2019 • East Africa, Finance, Top StoriesComments Off on Standard Chartered Bank voted best consumer digital bank in Kenya

Financial journal, Global Finance has named Standard Chartered Bank the Best Consumer Digital Bank in Kenya for 2019. The journal recognised SCB for its information security and fraud management systems under its digital offerings. Commenting on the Award,...

PrimeXBT lowers Forex and Crypto trading fees

PrimeXBT lowers Forex and Crypto trading fees

August 22, 2019 • FinanceComments Off on PrimeXBT lowers Forex and Crypto trading fees

Bitcoin-based trading platform, PrimeXBT announced on Wednesday, 22 August 2019, that it has lowered its trading fees. According to the platform, the new fee structure includes a reduction in overnight financing fees on all crypto trading pairs, as well as a...

Apple launches its digital credit card

Apple launches its digital credit card

August 22, 2019 • Finance, Top StoriesComments Off on Apple launches its digital credit card

A new kind of credit card, created by Apple and not a bank, was officially launched on Wednesday, 21 August 2019. In a statement made by the company, the Apple card has been built on ‘simplicity, transparency and privacy, and designed to help customers lead...

MTN executives step down

MTN granted permission to bring digital banking to Nigeria

August 20, 2019 • Finance, Mobile and Telecoms, West AfricaComments Off on MTN granted permission to bring digital banking to Nigeria

South African telecoms provider, MTN announced on Friday, 16 August 2019, that a subsidiary MTN Nigeria Communications PLC has been granted permission to offer financial services by Nigeria’s central bank.  The announcement comes after the Nigerian...

Clayton Hayward, Co-Founder of uKheshe.

Financial inclusion startup, uKheshe, gains seed funding

August 16, 2019 • Finance, StartupsComments Off on Financial inclusion startup, uKheshe, gains seed funding

Fintech company uKheshe recently announced the completion of its first seed investment round. uKheshe was initially under incubation as a CSI initiative within Jini.Guru, a software development house. uKheshe has successfully closed independent seed funding...

Country’s largest buy-aid organisation launches payment product on new card and account management platform

August 15, 2019 • Finance, SponsoredComments Off on Country’s largest buy-aid organisation launches payment product on new card and account management platform

A new payment services platform, utilised by two of South Africa’s oldest member organisations, promises to open up the buy-aid market to consumers and retailers alike. Co-Switch, a newly launched closed-loop payments platform, is currently being introduced...

Nigeria's Verve launches globally accepted payment solution

Nigeria’s Verve launches globally accepted payment solution

August 15, 2019 • Features, Finance, West AfricaComments Off on Nigeria’s Verve launches globally accepted payment solution

Nigerian payments technology company, Verve held an event to launch the Verve Global Card on Wednesday, 14 August 2019. The Global Card is said to expand Verve’s existing suite portfolio of payment products and solutions by giving cardholders the...

A catch up with Hello Paisa since the launch of its digital bank

A catch up with Hello Paisa since the launch of its digital bank

August 14, 2019 • Features, Finance, Top StoriesComments Off on A catch up with Hello Paisa since the launch of its digital bank

Money remittance and digital banking provider, Hello Paisa launched its digital bank in South Africa in partnership with Sasfin earlier this year. The bank was developed with the aim to help the unbanked population have access to banking solutions. IT News...

Best B2B Solutions Provider revealed at Payments and Cards Summit Awards 2019

Best B2B solutions provider revealed at Payments and Cards Summit Awards 2019

August 12, 2019 • Digital Transformation, Finance, RetailComments Off on Best B2B solutions provider revealed at Payments and Cards Summit Awards 2019

Global payments technology company, FSS has banked four awards at the 7th edition of the Payments and Cards Summit, held in Mumbai. Most notably, the company received ‘Best B2B Payment Solutions Provider’ for the second year in a row. Commenting on the...