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Standard Bank Wealth introduces new integrated digital solutions

Standard Bank Wealth introduces new integrated digital solutions

May 14, 2019 • Digital Transformation, Finance, Top StoriesComments Off on Standard Bank Wealth introduces new integrated digital solutions

Standard Bank has recently launched short-term insurance chatbot together with new online functionality for wealth clients in a move to becoming the leading integrated financial services organisation in, for and across Africa. Deepesh Thomas has been appointed as the new Digital Head of Standard Bank Wealth to drive the ongoing digital transformation...

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South African Reserve Bank currency mobile app receives global recognition

South African Reserve Bank currency mobile app receives global recognition

May 3, 2019 • Finance, Southern Africa, Top StoriesComments Off on South African Reserve Bank currency mobile app receives global recognition

A mobile app developed for the Reserve Bank has won an International Association of Currency Affairs Award. Shortlisted amongst digital banking platforms from the Bank of Canada and the Reserve Bank of Australia, the South African Reserve Bank (SARB) currency...

Public agency launches new digital platform in Senegal

May 2, 2019 • Finance, Top Stories, West AfricaComments Off on Public agency launches new digital platform in Senegal

The Agency for Universal Health Coverage in Senegal has launched a new digital platform, sunucmu.com. The platform is the first of its kind to have been fully designed and developed by a public agency on a global scale. L’Agence de Couverture Maladie...

Fintech-a potential driver of African economies

Fintech a potential driver of African economies

May 2, 2019 • FinanceComments Off on Fintech a potential driver of African economies

A report, commissioned by ICAEW and produced by partner and forecaster Oxford Economics, provides a snapshot of the region’s economic performance. The regions include; East Africa, Central and West Africa, Franc Zone, Northern Africa and Southern...

Load shedding slowing down tech adoption for South Africa's SMEs

Xero fuels small business growth in South Africa with finance options

May 1, 2019 • Finance, Startups, Top StoriesComments Off on Xero fuels small business growth in South Africa with finance options

Xero announced new agreements with a group of South Africa’s new digital lenders: Bridgement, Retail Capital and Lulalend. These finance providers will improve South African small businesses’ access to much-needed funding – and in so doing, help...

LG announces Q1 2019 financial results

LG announces Q1 2019 financial results

May 1, 2019 • Finance, Top StoriesComments Off on LG announces Q1 2019 financial results

LG Electronics has announced the consolidated sales of KRW 14.92 trillion (USD 13.27 billion) and operating profit of KRW 900.6 billion (USD 801.25 million) for the first quarter of 2019. Although overall first-quarter revenues and operating income declined...

Standard Bank selects Microsoft to drive digital transformation

Standard Bank selects Microsoft to drive digital transformation

April 30, 2019 • Digital Transformation, Finance, Southern Africa, Top StoriesComments Off on Standard Bank selects Microsoft to drive digital transformation

Standard Bank Group and Microsoft announced a new strategic partnership that will help to transform the bank’s technology estate and internal corporate functions, enabling the bank to accelerate its digital transformation journey significantly improving its...

Ecobank set for long-term sustainable growth

Ecobank set for long-term sustainable growth

April 29, 2019 • Finance, West AfricaComments Off on Ecobank set for long-term sustainable growth

Shareholders hear Ecobank set for long-term sustainable growth as they approve all resolutions at 31st Annual General Meeting (AGM) in Lomé, Togo. Ecobank Transnational Incorporated (“Ecobank”), the parent of the Ecobank Group, pan-African bank...

President Buhari commends African Development Bank's transformative role

President Buhari commends African Development Bank’s transformative role

April 26, 2019 • Finance, Top Stories, West AfricaComments Off on President Buhari commends African Development Bank’s transformative role

The President of Nigeria, Muhammadu Buhari commended the Bank for its successes and pledged Nigeria’s continuous support for the institution. “I want to recognize the support that the African Development Bank has given Nigeria in recent times. I remember...

New study reveals top trends in online payments in MENA

New study reveals top trends in online payments in MENA

April 24, 2019 • Finance, Top StoriesComments Off on New study reveals top trends in online payments in MENA

Payment approval rates for travel have increased by 8.8% in the Middle East and North Africa (MENA), finds a new report from Checkout.com, an international provider of online payment solutions. In the fourth quarter of 2018, the approval rate rose by 5.1%...

Registration for the JSE 2019 Investment Challenge open

Registration for the JSE 2019 Investment Challenge open

April 23, 2019 • Finance, Southern Africa, Top StoriesComments Off on Registration for the JSE 2019 Investment Challenge open

The Johannesburg Stock Exchange’s (JSE) 2019 Investment Challenge, South Africa’s largest financial literacy initiative which provides high school and university students with an opportunity to explore and engage with the world of investing by...

Standard Bank addresses cybercrime with WalletWise programme

Standard Bank addresses cybercrime with WalletWise programme

April 18, 2019 • Finance, SecurityComments Off on Standard Bank addresses cybercrime with WalletWise programme

Standard Bank has launched a consumer education programme, WalletWise which aims to empower consumers with knowledge that enables them to make more informed decisions about their finances and lifestyle. The programme aims at tackling financial topics of...

Centbee closes Series A round funding

Centbee closes Series A round funding

April 18, 2019 • Finance, Southern Africa, Startups, Top StoriesComments Off on Centbee closes Series A round funding

South African-based Bitcoin company, Centbee, announced that it has closed its Series A round with entrepreneur Calvin Ayre, founder of Antigua-based investment firm, Ayre Ventures and CoinGeek. Ayre, who has invested $1 304 700,00 (R18.3 million), announced...

South African FinTech company offers invoice financing in record time

South African FinTech company offers SMEs financing in hours

April 17, 2019 • Finance, Southern Africa, Top StoriesComments Off on South African FinTech company offers SMEs financing in hours

FinTech company, Bridgement offers invoice financing to SMEs in a record time of 2.5-hours. Bridgement’s speed is due to its use of machine learning for credit analysis and decision making. “When money is needed quickly – to cover salaries...

How to buy Bitcoin with iTunes gift cards in Nigeria

Blockchain skill-drive initiative to address knowledge-gap in Tanzania

April 15, 2019 • East Africa, Finance, Top StoriesComments Off on Blockchain skill-drive initiative to address knowledge-gap in Tanzania

  Belfrics Group in partnership with Dar Es Salaam Institute of Technology (DIT) announced a joint initiative to develop a pool of talented and skilled technology professionals for blockchain as a domain. Belfrics Academy SDN BHD, the research,...

Nigeria's Paylater rebrands to become a 'digital financial services platform'

Nigeria’s Paylater rebrands to become a ‘digital financial services platform’

April 9, 2019 • Finance, Top Stories, West AfricaComments Off on Nigeria’s Paylater rebrands to become a ‘digital financial services platform’

Paylater, the Nigerian fintech company specializing in consumer lending, has confirmed its name change in light of its growing banking services.   The company is re-launching as “Carbon“, the rebrand reflects the company’s deliberate...