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ESET launches mobile security product for Airtel Nigeria

Should the world be following Africa’s mobile banking example?

June 6, 2016 • East Africa, Finance, Mobile and Telecoms, North Africa, Southern Africa, Top Stories, West AfricaComments Off on Should the world be following Africa’s mobile banking example?

Entersekt CEO, Schalk Nolte, looks at how African banks are responding to mobile security threats and points out that the rest of the world should be taking a page out of their book. The growth of mobile banking has surged over the last two years. An October 2015 report from Juniper found that over a billion phone users would [&hellip...

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Ericsson to showcase best performing networks at AfricaCom 2018

Ericsson reveals Emergency Wallet to support humanitarian responses

May 26, 2016 • East Africa, Finance, Mobile and Telecoms, North Africa, Southern Africa, Top Stories, West AfricaComments Off on Ericsson reveals Emergency Wallet to support humanitarian responses

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...

FinTech must identify the problem if disruption is to be successful

May 20, 2016 • East Africa, Finance, North Africa, Southern Africa, Top Stories, West AfricaComments Off on FinTech must identify the problem if disruption is to be successful

Kevin Johnson Head of Innotribe Innovation Programmes at SWIFT, says Innotribe has learned from its work with the FinTech ecosystem.  “Always start with clearly identifying what problem you are trying to address. If you don’t, you end up with a solution...

The youth prefers to bank smart with digital channels

The rise of African fintech is changing the way Africans transact

May 16, 2016 • East Africa, Finance, North Africa, Southern Africa, Top Stories, West AfricaComments Off on The rise of African fintech is changing the way Africans transact

Fintech is disrupting the way ordinary Africans manage and use money. And these fintech players are standing up to traditional institutions as a force to be reckoned with. Accenture estimates that over one-third of mainstream financial services’ revenue is...

Nigerian Bloggers

Innotribe opens doors for East African fintech startups

March 10, 2016 • Finance, Startups, Top StoriesComments Off on Innotribe opens doors for East African fintech startups

Swift expects even greater innovation and a shift away from mobile technology at the 2016 Innotribe Startup Challenge for Africa. The Challenge, now open for applications, will take place at Swift’s African Regional Conference (ARC) in Mauritius on 17-19...

mobility

Mobile phones provide fast track to financial inclusion in Sub-Saharan Africa

March 7, 2016 • Finance, Mobile and Telecoms, Top StoriesComments Off on Mobile phones provide fast track to financial inclusion in Sub-Saharan Africa

Even as mobile money services become part of daily life for millions in Sub-Saharan Africa, many potential customers face basic barriers to accessing the services on their own mobile phones. Lack of awareness and basic prerequisites, and low appreciation of...

mtn sustainability

MTN Group’s 2015 financial results detailed

March 3, 2016 • Africa By Region, Company News, Finance, Top StoriesComments Off on MTN Group’s 2015 financial results detailed

MTN Group’s 2015 financial results reflect the challenging operating environment the business experienced in the year. Weak macro-economic conditions, increased market competition, heightened regulatory pressures, notably in Nigeria, and operational...

Cape Town based FinTech start-up raises USD 2 Million

February 23, 2016 • Finance, Top StoriesComments Off on Cape Town based FinTech start-up raises USD 2 Million

Digital insurance distributor Hepstar has received USD $2 million in funding from UK-based technology investor Amadeus Capital Partners. With the new funding, the company has revealed that it will build on its momentum by expanding its global reach,...

Deloitte reveals that South Africans are open to use and pay for automated financial advice

Deloitte Digital acquires fintech agency

January 25, 2016 • Company News, Finance, Top StoriesComments Off on Deloitte Digital acquires fintech agency

Deloitte Digital (Africa) has acquired fintech services business, Jinja Interactive, as part of its strategy to build a fully-integrated digital transformation business, providing digital innovation and customer-centric engagement solutions to its rapidly...

Hubs dot Ng launches Emily, an AI assistant

New malware targets Android users for financial gain

January 25, 2016 • Finance, Security, Top StoriesComments Off on New malware targets Android users for financial gain

Kaspersky Lab’s Anti-Malware Research team has discovered Asacub – a new malware that targets Android users for financial gain. When first identified, Asacub displayed all the signs of an information stealing malware; however some versions of the Trojan...

Xoom expands reach in Africa

Top Predictions for FinTech, Mobile Money & Financial Inclusion in 2016

January 4, 2016 • Finance, Lists, Top StoriesComments Off on Top Predictions for FinTech, Mobile Money & Financial Inclusion in 2016

Alix Murphy, Senior Mobile Analyst at global money transfer app WorldRemit, has put together her top 3 predictions for Mobile Money, FinTech and financial inclusion in 2016. The predictions can be found below: Predictions for 2016 1. Financial inclusion will...

Infrastructure Management Trends in South Africa

Are Cloud solutions taking over the financial institution landscape?

December 22, 2015 • Cloud Computing, Finance, Top StoriesComments Off on Are Cloud solutions taking over the financial institution landscape?

Cloud-based services have become increasingly popular amongst large and small businesses.  This change in technology and regulation means that financial institutions are under pressure to source solutions that are flexible in meeting security risks. Banks...

Financial Innovation Summit: A Vision for the Bank of Tomorrow

November 30, 2015 • Finance, Top Stories, VideoComments Off on Financial Innovation Summit: A Vision for the Bank of Tomorrow

Hosted by IT News Africa, and sponsored by Telkom and Hitachi Data Systems, the Financial Innovation Summit was held at the Radisson Blu Gautrain Hotel in Sandton, Johannesburg. The Summit which was held on 28 October 2015 addressed the theme –...

Orange reinforces connectivity on the West African Coast

Financial inclusion is still met with a number of challenges in Africa

November 26, 2015 • East Africa, Finance, General, Mobile and Telecoms, North Africa, Southern Africa, Top Stories, West AfricaComments Off on Financial inclusion is still met with a number of challenges in Africa

One of the most life-altering and important drives in the developed world is the drive towards financial inclusion. While this drive may be derived from the incentive for banks to increase their customer base, it is to the advantage of the newly banked...

The youth prefers to bank smart with digital channels

Female tech entrepreneur develops on-demand network for financial advice

November 25, 2015 • Finance, Southern Africa, Top StoriesComments Off on Female tech entrepreneur develops on-demand network for financial advice

Riovic, which is a virtual financial advice service in South Africa, will – according to the startup – change financial services forever in South Africa. According to founder Naledi Mokoena: “The startup can be referred to as the Uber of...

Financial Innovation Summit

Financial Innovation Summit: Transforming Financial Services with the Power of Analytics

November 19, 2015 • Finance, Top Stories, VideoComments Off on Financial Innovation Summit: Transforming Financial Services with the Power of Analytics

Hosted by IT News Africa, and sponsored by Telkom and Hitachi Data Systems, the Financial Innovation Summit was held at the Radisson Blu Gautrain Hotel in Sandton, Johannesburg. The Summit which was held on 28 October 2015 addressed the theme –...