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FNB Connect earns more international recognition
On 14 December 2017, South African bank, First National Bank (FNB) announced that its FNB Connect platform has been awarded for Innovation in Product Design at the 20th Financial Innovation Awards held in London. The Awards recognised FNB Connect for…
Gemalto’s platform offers digital payment solutions
Gemalto has announced that its Trusted Service Hub (TSH) can now offer a single gateway enabling issuers to connect to the Mastercard and Visa tokenization services. According to the company, this will simplify the way financial institutions can launch mobile…
Huawei, Xpress Money partner to grow African mobile money footprint
On 13 December 2017, ICT solutions provider, Huawei, announced a partnership with Xpress Money, a money transfer brands, to drive mobile money services to more of the worlds unbanked, with a focus placed on the African market. The partnership will…
PayU launches new service to advance Nigeria’s cashless economy
On 12 December 2017, online payment solution platform, PayU announced the launch of a new service called PayU Receive. The new product, according to the company, will allow businesses in Nigeria to securely request and receive payments directly from their…
TransUnion introduces Mobile Score Card in Kenya
TransUnion has introduced the TransUnion Mobile Score Card in Kenya. The Mobile Score Card will provide lenders with a risk view of their mobile loans. With the Score Card, TransUnion Kenya aims to help more Kenyans to become active in the…
How to secure your cryptocurrency
As Cryptocurrencies continue to gain popularity, recent breaches reinforce the need for vigilance and knowledge to protect online assets. In the case of cryptocurrencies, we are presented with a new set of challenges in how security, identity and access are…
Stop fraudsters from controlling your online banking this festive season
On Tuesday, 12 December 2017, First National Bank (FNB) came out to urge and warn consumers against falling victim to a new banking scam whereby fraudsters remotely take control of your PC over the internet and gains access to your…
8 ways to jump on the Bitcoin train
Bitcoin is undoubtedly the buzz word today, not only within tech and financial circles, but amongst the average joe on the street as well. The most famous of the cryptocurrencies has seen its value increase by more than 2000% since…
Bitcoin SEO: Get it right for your blockchain startup
Blockchain technology can be applied in various ways. However, it is the invention and use of cryptocurrencies like bitcoins that has had the greatest impact in popularizing the technology. The value of bitcoins, for instance, has risen steadily for the…
Opera integrates web payment platform in Kenya
Opera, the Norwegian developer of Opera Mini, has integrated a new web payment platform in Kenya which directly runs on the Opera Mini browser. This is part of the Opera’s $100 million investment initiative to grow the African digital economy…
WorldRemit raises $40 million for emerging market expansion
Digital money transfer service, WorldRemit, announced on Thursday 7 December 2017 that it has raised $40 million which will be used to drive its next phase of growth, supporting its plan to serve 10 million customers connected to emerging markets…
What is the potential of investing in Cryptocurrencies?
Cryptocurrency is digital currency managed through cryptography (advanced encryption technique). It is a decentralised currency, which allows functions like transaction processing, currency issuance, and verification across the internet. Cryptocurrencies are free from government interference, which means that there is no…
Are you going to be purchasing Bitcoin?
Many compare the success of Bitcoin as a bubble ready to burst, however, Bitcoin keeps proving them wrong. Will you be buying it soon? The world’s largest cryptocurrency has broken records after it reached $10 000 per Bitcoin for the…
FORUS unveils blockchain powered global digital exchange
On Wednesday 6 December 2017 at an event hosted at the historic Rand Club in Johannesburg, South Africa, FORUS unveiled its Global Digital Exchange which essentially is a public utility blockchain and ecosystem solution that will aim to provide a…
Kenya: Mobile ordering and payment solution launched for small kiosk owners
Mastercard on Wednesday, 06 November 2017 unveiled Kionect, a digital ordering system that enables small kiosk owners in Nairobi, Kenya to order and pay for products from wholesalers via SMS. Orders submitted via a feature phone help create a digital…
Discussing the future of consumer banking
The landscape of consumer banking continues to change at a rapid pace, keeping financial institutions on their toes. Working with consumer data and advanced technology can be the lifeline to keeping traditional banks viable and relevant in an increasingly mobile…
