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Uganda to implement online mining licensing system

Ubank partners WIZZIT to launch digital payment platform

October 11, 2016 • Finance, Mobile and Telecoms, Southern Africa, Top StoriesComments Off on Ubank partners WIZZIT to launch digital payment platform

Ubank, has shaken up the financial services industry by launching their own mobile and digital payment platform in partnership with WIZZIT International. The implementation of the platform – nicknamed Vulindlela – aims to competitively position Ubank to leapfrog into adjacent markets beyond mining, to boost revenue streams. Customer first “The launch...

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Absa now has end-to-end view of customers’ digital experiences

October 11, 2016 • Finance, Top StoriesComments (1)

Absa has implemented a suite of CA Technologies solutions that enable the bank to see how customers use and consume mobile and digital services, in real-time, this is part of a top-to-bottom renovation of its 24-hour Operations Command Centre. It has also...

Walletdoc, Absa implement new payment solution

October 10, 2016 • Finance, Startups, Top StoriesComments Off on Walletdoc, Absa implement new payment solution

Absa has partnered with walletdoc in a bid to offer users a smart, secure and convenient way to pay bills such as monthly subscriptions and utilities. The payment solution notifies the user when bills arrive, sends reminders when bill payments are due and...

Is Africa the land of business opportunity or pain?

October 6, 2016 • FinanceComments Off on Is Africa the land of business opportunity or pain?

With growth stagnating around much of the world, businesses often look to new markets to find opportunities. BRIC countries were previously thought of as the global El Dorado by many companies but Brazil, Russian, India and China largely turned out to be...

Mastercard reinforces commitment to drive Digital Transformation in Zimbabwe

South Africa: iKhokha Wins Award at Mastercard Innovation Forum

October 6, 2016 • Finance, Southern Africa, Top StoriesComments Off on South Africa: iKhokha Wins Award at Mastercard Innovation Forum

South African mobile commerce provider, has won the Innovation Award at the 2016 Mastercard Innovation Forum in Budapest, Hungary. iKhokha was recognised in the Innovation category for extending the acceptance of Masterpass, the digital payments service from...

UK aims to drive renewable energy investment in Kenya

October 6, 2016 • East Africa, Finance, Mining & Energy, Top StoriesComments Off on UK aims to drive renewable energy investment in Kenya

The British High Commission, in conjunction with Barclays Bank of Kenya  held an event in Nairobi bringing together leading players in the local renewable energy sector with investors from the United Kingdom. The UK-Kenya Renewable Energy Conference (REC...

FNB introduces App 5.0 with a range of firsts in Africa

October 6, 2016 • Finance, Mobile and Telecoms, Top StoriesComments Off on FNB introduces App 5.0 with a range of firsts in Africa

First National Bank (FNB) unveiled the FNB Banking App 5.0, the newest version of the App which has a range of digital firsts in Africa. FNB App 5.0 features industry-leading solutions such as FNB Pay, Fingerprint ID, Secure Chat, Smart inContact, 1-touch...

How to get ready for digital transformation in financial services

October 5, 2016 • Digital Transformation, Finance, Top StoriesComments Off on How to get ready for digital transformation in financial services

What is digital transformation? Simply put, it’s leveraging digital business, which Gartner defines to be the creation of new business designs by blurring the digital and physical worlds, to reach goals that could not be reached earlier, faster, or cheaper,...

Mastercard reinforces commitment to drive Digital Transformation in Zimbabwe

Mastercard introduces Mastercard Developers

October 5, 2016 • Finance, Top StoriesComments Off on Mastercard introduces Mastercard Developers

Mastercard has accelerated the speed of commerce innovations by introducing Mastercard Developers. This single gateway enables Mastercard partners to access a diverse range of Application Programming Interfaces (APIs) across payments, data and security. The...

Peach Payment expends into Nigeria and Kenya

October 5, 2016 • Finance, Startups, Top StoriesComments (1)

Peach Payments is now processing more than R1-billion in transactions per year and expanding into Kenya and Nigeria with plans for other African countries. Peach Payment has recently launched PaySafe, which has already processed transactions worth R1-million,...

DPO group enters merger with PayGate

September 29, 2016 • Finance, Top StoriesComments Off on DPO group enters merger with PayGate

The Direct Pay Online Group, (“DPO Group”) – formerly known as 3G Direct Pay Limited announced that it has merged with PayGate (Pty) Ltd (“PayGate” or “The Company”). This merger follows the recent investment in the DPO Group by Apis Growth...

Standard Bank launches SA’s first banking App for kids

September 28, 2016 • Finance, Mobile and Telecoms, Southern Africa, Top StoriesComments (2)

Standard Bank launched a first-of-its kind smartphone and tablet game-like animated banking app for children. The Standard Bank Kidz Banking App is available initially only to Android users, it is designed primarily for kids between the ages of 6 and 11, and...

Mastercard reinforces commitment to drive Digital Transformation in Zimbabwe

Rwanda leaps into the digital economy through e-commerce

September 28, 2016 • East Africa, Finance, Top StoriesComments Off on Rwanda leaps into the digital economy through e-commerce

Mastercard, Bank of Kigali and RwandaOnline announced at the technology company’s Innovation Forum in Budapest, Hungary a partnership to launch Irembo– an online payment solution in Rwanda powered by Mastercard Payment Gateway Services. Aimed at...

African growth boosts SilverBridge annual results

September 28, 2016 • Finance, Top StoriesComments Off on African growth boosts SilverBridge annual results

SilverBridge has reported strong financial results for the year ending 30 June 2016. Its net profit increased by 21 percent to R10.1 million and its cash balance improved to R27 million, up from the R18.2 million of the comparative period last year. This...

Mobile Money a big hit for South Africans

September 27, 2016 • Finance, Southern Africa, Top StoriesComments Off on Mobile Money a big hit for South Africans

South Africans are showing significant appetite for mobile money solutions, this is according to the latest data from FNB eWallet Solutions, which shows that 4.2 million new eWallets were created over the last 12 months, a rate of about 350 000 new eWallets...

Plastic money and cash will soon lose popularity : Wendy Pienaar

September 23, 2016 • FinanceComments Off on Plastic money and cash will soon lose popularity : Wendy Pienaar

More consumers are seeking online solutions, with over 460 million financial transactions processed by Standard Bank on mobile devices between July 2015 and July 2016. Of these, 23 million transactions refer to value transactions amounting to R92 billion, a...