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5 must-have ingredients for eCommerce success
New research from Forrester, The Five Key Success Factors of Every Digital Business, has identified five key success factors that e-commerce businesses need to strategically plan for as they launch or expand their organisations. Having the right people, the right…
South Africa: Blockchain startup to service R50 billion Township economy
Ekasi-bucks, a blockchain startup company based in South Africa, will be looking to make an impact on South Africa’s Townships by providing Financial systems to Township-based small businesses. These businesses operate in an economy estimated to be worth R50billion ($3.8billion)…
Kenya: Online banking forces 7 Barclays branches to shutdown
Barclays has announced plans to shut down seven Bank of Kenya (BBK) branches due to an uptake in mobile, online and alternative channels used by customers. The company has been investing in automation and digitisation programs to further meet customers…
Safaricom solution measures Kenya’s digital economy
Safaricom, in partnership with mSurvey, has announced the launch of Customer Wallet, a mobile platform that quantifies offline consumer spending habits and trends. Consumer Wallet uses mSurvey’s mobile messaging platform to measure and benchmark Kenya’s cash economy. A beta version…
Biometrics: the next frontier in digital payments
Imagine a world where you never have to worry about having your bank card with you or remembering a long list of passwords and PIN codes. The time you’d save not having to dig in your handbag or pockets for…
Namibian banks embrace digital transformation
One of the biggest challenges facing financial services organisations that are embarking on digital transformation initiatives, is to integrate data while still ensuring business continuity. For Namibian-based Capricorn Group, Veeam® Software provided the assistance it required for this journey. Working with…
New South African Record: Startup sets FICA registration record with AI
South African fintech startup, ThisIsMe, has set a new Africa record for the FICA (Financial Intelligence Center Amendment) process. This process which used to be a drawn out taking as long as two days to two weeks, has now been…
Blockchain is set to revolutionise international trade
In international trade, the shipping documents that accompany the goods carried can weigh as much as 40kg per vessel and cost up to 10% of the value of the goods. What’s more, paper can be easily forged or mislaid. Now,…
A chance to showcase African innovation: Mastercard extends Start Path Applications
Mastercard Start Path programme is making the call for additional applications from qualifying late-stage start-ups – marking an opportunity for the fast-growing pool of African fintech talent to benefit from the mentorship and knowledge-sharing that Start Path offers. The initiative is…
Are data prices a barrier to financial inclusion in Africa?
In Africa, banking the unbanked remains a pressing need. Roughly 700 million people in Africa are financially excluded – denied economic citizenship. Discussions on the issue beg the same question, time and again: why aren’t traditional banks offering mobile solutions…
FNB banking app now free across all networks
FNB today announced that customers who use its banking app will no longer need data to access it via their smartphones from 1 July 2017. This follows an agreement with all major mobile network operators in South Africa to zero…
The App Transition Of Banking
Banking apps on mobile phones, which use sophisticated security and authentication technology, are starting to offer a wider set of online transactional services to consumers. Fears about security are one of the last barriers to more widespread mobile transactions, but…
Secure mobile banking apps set to deliver a broader range of services
Banking apps on mobile phones, which use sophisticated security and authentication technology, are starting to offer a wider set of online transactional services to consumers. Fears about security are one of the last barriers to more widespread mobile transactions, but…
First international remit pay service launched in Ethiopia
Mastercard and digital service provider Kifiya have partnered to introduce a  digital solution that will ultimately allow citizens to pay for all bills in one location in Ethiopia. The partnership will impact millions of Ethiopian citizens living abroad, as well…
Africa’s First Fintech Building Tool Launched
Koncart, a platform that empowers developers and technopreneurs to build their financial driven tech idea with ease, has recently been launched into the African Fintech sector. The platform enables Startup’s to quickly create and manage virtual wallets and transactions with an…
How Artificial Intelligence Will Revolutionise Banking
Artificial Intelligence gets a bad rap in pop culture. Movies like Terminator (with its rebellious Skynet) and 2001 (with its murderous HAL 9000) portray a future where the robots get smart, and conclude that it is in their interests to…
