The modern customer expects the process of engaging with a brand to be simple and easy. It is a long-accepted norm that the only way to achieve the level of service that delivers this convenience today is through digital channels. For this reason, organisations understand that they need to move...
Within an African e-commerce sector which is plagued by cash, with the majority of payments still being made in cash at the point of delivery, Mastercard has partnered with Nigerian tech start-up, NetPlus to develop an e-commerce solution that will help make cash a thing of the past, for...
Tuesday, 18 June 2019, Facebook revealed the white paper for its highly anticipated cryptocurrency, ‘Libra’. As stated in an article by CNN’s Ben Brown, the tech giant claims that the crypto is “built on a secure, scalable and reliable blockchain, backed by a reserve of real assets”. The value...
Leading academics, CIOs, regulators, NGOs, service providers, and EduTech entrepreneurs will convene at the Radisson Blu Hotel in Sandton, Johannesburg on the 17th of March 2016 for the upcoming 2016 Education Innovation Summit. The Summit, which has been organised by IT News Africa and sponsored by Telkom, will see the following...
While all the research indicates that online commerce is set to grow in South Africa, the speed and extent of that growth will be dependent on several factors, with payment as one of the most crucial. Getting online payments right will play a role both in encouraging existing online shoppers...
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 in depth analysis to your data by leveraging on...
According to a report by MoneyWeb, The South African Revenue Service (SARS) has opened dialogue with a number of the top technology companies in the world in order to try and enable the tax revenue service to track cryptocurrecy trades more efficiently. It is unclear whether this move to...
2K Games has announced that it will partner with The Leukemia & Lymphoma Society (LLS) as part of the company's WWE 2K20 global marketing campaign. 2K, through this partnership, aims to support breakthrough-blood cancer research that could advance lifesaving treatments and support and critical support for both patients and...
South Africa is one of the countries where the growth, adoption, and use of bitcoin and other cryptocurrencies continue to move at a fast pace. People are looking for how to buy bitcoin now more than ever. However, a lot of crypto traders are facing pressure from the South Africa...
It’s a pretty safe bet that you’ve already heard of blockchain technology, cryptocurrency and the enigma that is Bitcoin – they’re arguably some of the biggest buzzwords to come out of the digital era. However, for something that’s got a lot of people talking – and the likes of...
Earlier this week, global trading platform, Chaka launched in Nigeria. The technology-enabled platform intends to give Nigerian users the opportunity to invest in stocks listed on NASDAQ, the New York Stock Exchange and the Nigerian Stock Exchange, offering over 4000 assets and indexes from companies such as Apple, Alibaba,...
Wirecard, a digital financial technology company, has announced that it is now handling payments for online and travel agency bookings for Royal Air Maroc, Morocco's national airline. According to Wirecard, Royal Air Maroc is set to join the Oneworld alliance in mid-2020 and has annual passenger figures of 7.4 million...
Imagine if you owned your bank data and could decide who you want to share this data with, thereby gaining access to a broad range of products to suit your needs. Matthew Barnard, an executive at software development company BBD, says that this could become a reality through open banking,...
Artificial intelligence (AI) provides banks with the means to make better use of the massive amount of data at their disposal. In doing so, they can identify opportunities for growth faster and gain significant competitive advantage at a time when more agile digital counterparts are emerging. Patrick Ashton, a...
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 under-banked and unbanked Nigerian youth achieve their financial goals while...
As we enter the next decade, local and international merchants should support payment methods that suit their customers, rather than following global trends just for the sake of it. Here are five trends that can be expected over the next few years: 1. Cash is here to stay – for...
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