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MTN releases mid-2019 financial results

MTN releases mid-2019 financial results

August 12, 2019 • Finance, Mobile and Telecoms, Top StoriesComments Off on MTN releases mid-2019 financial results

On Thursday, 8 August 2019, mobile network operator, MTN announced its results for the six months ended 30 June 2019.  The company saw growth of 12 per cent in earnings per share and service revenue grew to just below 10 per cent.  Commenting on the results, Rob Shuter, MTN Group President and CEO, says “we [&hellip...

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TymeBank challenges the status quo of banking in South Africa

TymeBank challenges the status quo of banking in South Africa

August 8, 2019 • Features, Finance, Top StoriesComments Off on TymeBank challenges the status quo of banking in South Africa

TymeBank revealed at the AWS Summit in July 2019 that it has been onboarding over 100 000 customers a month. The fully-licensed digital bank is owned by African Rainbow Capital (ARC), which falls under the Patrice Motsepe’s Ubuntu-Botho Investments...

430,000 users hit by financial malware in first half of 2019, research shows

2019 reports over 430,000 victims to financial malware

August 7, 2019 • Finance, SecurityComments Off on 2019 reports over 430,000 victims to financial malware

  Researchers at cybersecurity company, Kaspersky, have claimed that over 430,000 people making use of cryptocurrencies and web-money services were threatened by malware in the first half of 2019 – seven per cent more than in the same period last year....

DPO Group acquires South African payment processor

DPO Group acquires South African payment processor

August 6, 2019 • East Africa, Finance, Southern AfricaComments Off on DPO Group acquires South African payment processor

DPO Group has announced the acquisition of a South African payment processor, PayFast. The deal by the Nairobi headquartered DPO Group was executed through a mix of shares and cash, with the PayFast management team remaining key shareholders in DPO Group. DPO...

Get paid when selling your Bitcoin

Get paid when selling your Bitcoin

August 5, 2019 • Finance, Southern Africa, SponsoredComments Off on Get paid when selling your Bitcoin

Here in South Africa, the cryptocurrency and blockchain sector is considered to be relatively new. There are many differences faced by crypto enthusiasts and traders when utilising crypto exchanges to trade when compared to the international markets. One...

Updates to simplify Xplan released

Updates to simplify financial services software, Xplan, released

August 4, 2019 • Finance, General, Online & SocialComments Off on Updates to simplify financial services software, Xplan, released

On Friday, 2 August 2019, Financial services software provider, Iress released the first of several planned updates to thousands of Xplan users. The updates are aimed at making Xplan simpler to use and to give users greater access to its functionality. The...

New app allows Zimbabweans in South Africa to send goods

New app allows Zimbabweans in South Africa to send goods

August 3, 2019 • Finance, Southern Africa, Top StoriesComments Off on New app allows Zimbabweans in South Africa to send goods

Hello Paisa has developed an app that will allow Zimbabweans in South Africa to send goods and groceries to their loved ones. Malaicha.com offers users same-day collection and free delivery in Harare, Bulawayo, Mutare, Masvingo and Gweru. After placing an...

Spotify's revenue per subscriber shrinks

Spotify’s revenue per subscriber shrinks

August 2, 2019 • Features, Finance, Online & Social, Top StoriesComments Off on Spotify’s revenue per subscriber shrinks

Music streaming service, Spotify, released its 2019 Q2 financial performance report on Wednesday, 31 July 2019. The report shows that, between April to end of June 2019, the platform increased its Monthly Active users Year on Year (YoY) by 29 per cent to...

New cryptocurrency payment solution revealed

B2B cryptocurrency payment solution revealed

August 2, 2019 • Finance, Southern AfricaComments Off on B2B cryptocurrency payment solution revealed

Cryptocurrency payment platform and wallet, Coindirect announced on Thursday, 1 August 2019, its new business to business (B2B) cryptocurrency payment solution — designed to facilitate borderless transactions within a secure and transparent environment. ...

FNB's new eBucks Rewards programme will take effect from 1 September 2019.

FNB revamps eBucks rewards for business

August 2, 2019 • Finance, Online & Social, Southern AfricaComments Off on FNB revamps eBucks rewards for business

On August 1 2019, FNB announced that its eBucks Rewards programme for businesses will be changing from 1 September 2019. This change has come as a result of FNB aiming to simplify the way FNB Business and RMB Private Bank Business customers qualify, get...

Hacker pulls-off one of the biggest data breaches in history

Hacker pulls-off one of the biggest data breaches in history

July 30, 2019 • Finance, Security, Top StoriesComments Off on Hacker pulls-off one of the biggest data breaches in history

US-based financial services provider, Capital one has fallen victim to a cybersecurity breach. The hacker gained access to over 100 million Capital One customers’ accounts and credit card applications — making it one of the largest data breaches ever...

Nigeria’s Access Bank deploys new ATM and card solution

Nigeria’s Access Bank deploys new ATM and card solution

July 29, 2019 • Finance, West AfricaComments Off on Nigeria’s Access Bank deploys new ATM and card solution

CR2 announced on Monday, 29 July 2019, that it has successfully completed the migration of Nigeria’s Access Bank’s ATMs to their ATM driving and card switching solution. With the largest customer base in Nigeria, Access Bank is the country’s largest...

Crypto trading platform launched for iOS devices

Crypto trading platform launched for iOS devices

July 29, 2019 • Finance, Top StoriesComments Off on Crypto trading platform launched for iOS devices

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...

INTERVIEW: North Wind Digital CEO on the potential for Blockchain in Africa

July 28, 2019 • Digital Transformation, Features, Finance, Top StoriesComments Off on INTERVIEW: North Wind Digital CEO on the potential for Blockchain in Africa

North Wind Digital CEO, Adrian van der Merwe, has a vast understanding of technology as well as the finance function thereof. With a career in the accounting industry spanning 20 years, Adrian is passionate about using technology to bring about the best...

Virtual cards allow South Africans to shop anywhere online

Virtual cards allow South Africans to shop anywhere online

July 26, 2019 • Finance, Southern AfricaComments Off on Virtual cards allow South Africans to shop anywhere online

Global payments company, Tutuka, is the issuer of virtual cards in South Africa. Virtual Visa and Mastercards have said to be helping South African businesses offer their consumers a more secure way to shop online.  Virtual cards can be created in seconds...

TransUnion lifestyle assessment harnesses big data to tackle fraud

TransUnion lifestyle assessment harnesses big data to tackle fraud

July 25, 2019 • Features, Finance, Southern Africa, Top StoriesComments Off on TransUnion lifestyle assessment harnesses big data to tackle fraud

TransUnion has launched a new solution that seeks to help companies identify signs of fraud and corruption linked to their employees and suppliers by using advanced data analytics. During his presentation at the Michelangelo Hotel on 23 July 2019 Keith...