Newsletter Subscribe
Enter your email address below and subscribe to our newsletter
Digital Finance
Share your love
Ghana: Mastercard, Zenith partner to strengthen banking system
Mastercard and Zenith Bank have included Ghana as part of their partnership in West Africa. The agreement is geared towards issuing a suite of digital payment solutions that include prepaid, debit and credit cards which was made available from December…
Zcash Fever: Criminals are exploiting PC’s to make profits mining Cryptocurrency
At the end of October the new cryptocurrency Zcash was launched. It is positioned by its creators as a more secure alternative to Bitcoin. Soon after the launch, the price of Zcash coins skyrocketed, followed by a spike in the…
Tipping the scales on mobile payments
The app economy is here, and it has changed the way that we live. We depend on our smartphone apps for everything from entertainment to photography to messaging to personal productivity to ordering transport or accommodation. And in South Africa,…
FNB South Africa and Sterling Bank Nigeria win global award
FNB has won the title of Excellence in Mobile Banking at the Lafferty Global Awards in Cape Town, jointly with Sterling Bank of Nigeria. FNB was recognised for its innovative approach and achievements in integrating mobile technology as one of…
Kenya: Standard Chartered Bank introduces Touch Login for smartphones
Kenya’s Standard Chartered Bank has launched the Touch Login feature for smartphones that allows customers to use fingerprint to access their accounts. According to Telecompaper, the portal is available on iPhones, tablets and iPads, making it easy for clients to…
Standard Bank acquires Firepay, the team behind SnapScan
Standard Bank has acquired a majority stake in Firepay – the team behind mobile payments product, SnapScan. Firepay was formed in 2013 to apply new mobile payments technology to build innovative products. In 2014 Firepay, in partnership with Standard Bank,…
Nigeria: Wema Bank and Etisalat launch account for youth
Wema Bank Plc and Etisalat Nigeria have partnered to introduce WemaEasySavers, a Tier-1 savings account aimed to ensure financial inclusion for more Nigerians especially the youth. The newly launched WemaEasySavers is an easy to open and use account designed to enable…
South African Hyperli launches new online deal marketplace
Fast on the heels of Groupon’s exit from the South African market, newly formed Hyperli is set to take the online daily deal marketplace by storm. Hyperli has honed its offering and has launched a newly curated online marketplace focused…
Better to own a car or to simply Uber?
If you are looking for ways to save in 2017, you might want to consider tossing your car and Ubering instead. My Treasury.co.za, which helps South Africans find the savings account with highest interest rates, crunched the numbers to see…
DFS Lab announces $400,000 funding to four FinTech start ups
FinTech incubator, Digital Financial Services Lab (DFS Lab), announces the winners of its first bootcamp for entrepreneurs and start-ups. Funded by the Bill and Melinda Gates Foundation, this global initiative brought together 20 of the most promising entrepreneurs who are…
Travelers are ‘easy targets’ for online financial crime when abroad
As holiday season begins, many are looking forward to spending some much needed time away from home. Others will be on vacations abroad and spending money is inevitable. Travelers need to be wary of online financial operations. According to research…
Societe Generale partners with American Express in Africa
Societe Generale (SocieteGenerale.com) announces that it has signed a merchant acquiring partnership with American Express (AmericanExpress.com) in eight countries in Sub-Saharan Africa where the Bank operates. These countries include Benin, Burkina Faso, Cameroon, Chad, Guinea, Ivory Coast, Madagascar and Senegal.…
Barclays and Techstars open global applications to fintech entrepreneurs
Applications have opened for the Barclays Accelerator programme, powered by Techstars, an initiative aimed at uncovering the next M-Pesa or Paypal by working with exceptional fintech entrepreneurs innovating Africa’s financial services industry. This collaboration between Barclays Africa and Techstars offers…
Zimbabwe: Steward Bank launches SMS banking solution
In a bid to make banking easier in Zimbabwe, according to ZimTech Steward bank has announced the launch of Square Banking, a banking facility that performs banking transactions on a mobile device. The solution enables customers and businesses to access…
Wallettec simplifies mobile payments in Africa
Wallettec is making possible for businesses to transact different digital wallets. The Cape Town based company enables businesses to accept any mobile transaction or currency type at a Point of Sale. It operates in more than 20 countries across Africa,…
Finding solutions to the growing chargeback challenge
Increasing sophistication in card fraud is reason for concern. Not only for banks, but most especially for online merchants, who are at risk of losing their ability to trade should they be implicated in repeat fraud attempts and excessive customer…
