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ChamsMobile launches Mobile Money for Nigerians abroad

October 18, 2016 • Finance, Top Stories, West AfricaComments Off on ChamsMobile launches Mobile Money for Nigerians abroad

Nigerian Mobile Money Operator, ChamsMobile Ltd, under its brand ‘Kegow’, has announced the introduction of a Mobile money account for Nigerians living abroad in socalled “diaspora”, an account which will include a linked Visa Virtual Card as a standard feature. Gavin Young, DMD, ChamsMobile explains: “If we consider that there are an estimated...

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SA’s outdated banking regulations stifling innovation, preventing competition

October 17, 2016 • Finance, Southern AfricaComments Off on SA’s outdated banking regulations stifling innovation, preventing competition

While the stringent financial regulations in South Africa protect consumers and the financial services sector from systemic risk, they also create high entry barriers for innovative entrepreneurs looking to improve the industry’s customer value proposition....

Mastercard reinforces commitment to drive Digital Transformation in Zimbabwe

Rwanda: Mastercard, GTBank partner in digital payment partnership

October 14, 2016 • East Africa, Finance, Top StoriesComments Off on Rwanda: Mastercard, GTBank partner in digital payment partnership

Mastercard and Guaranty Trust Bank Rwanda Ltd (GTBank Rwanda) are building on their long-standing partnership in Rwanda by introducing a suite of digital payment solutions, aimed at extending the demand for safe and convenient payment solutions. GTBank...

PayU launches operations in Kenya

Computop, PayU ink retail partnership

October 14, 2016 • Finance, Retail, Southern Africa, Top StoriesComments Off on Computop, PayU ink retail partnership

PayU and Computop have announced a partnership that will provide South African retailers with payment solutions for high growth international markets. Retailers are now able to effectively conduct online and mobile business throughout most of the world via...

Digital Financial Inclusion – Why is it important?

October 14, 2016 • Finance, Top StoriesComments Off on Digital Financial Inclusion – Why is it important?

The world is a growing and dynamic place. Despite the obvious challenges, it is generally becoming a richer and more prosperous place to live in with more people being lifted out of poverty than ever before. For people in low- and middle-income countries,...

​Mobile-first: The way forward for financial services sector

Why fintech has created a golden moment of opportunity for savvy banks

October 13, 2016 • Finance, Security, Top StoriesComments Off on Why fintech has created a golden moment of opportunity for savvy banks

With the disruptive arrival of financial technology tools and platforms, banks worldwide have been besieged with gloomy forecasts. Advisory firms and analysts are feverishly crunching the numbers and warning of a tech-fuelled banking revolution – with the...

VMware and Google unveil strategic partnership

ThisIsMe to use Blockchain technology

October 12, 2016 • Finance, SecurityComments Off on ThisIsMe to use Blockchain technology

ThisIsMe (TIM) has announced it will soon be launching blockchain technology to further enhance its current services of true identity (ID) verification, onboarding, background checks and KYC/AML (know-your-customer and anti-money laundering). “While often...

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...

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...