Frost & Sullivan – the Growth Partnership Company which enables its clients to accelerate growth and achieve best-in-class positions in growth, innovation and leadership – has been named strategic partner for the upcoming Financial Innovation Summit. On the 28th of October 2015, financial and technology leaders will convene at the Radisson Blu Gautrain Hotel in...
Along with economic growth in Africa comes increased pressure on supply chain infrastructure, creating challenging business conditions and difficulty in matching supply with demand, particularly in the healthcare arena. Many African countries have experienced a surge in the volumes of medicines and healthcare products moving through their public health facilities,...
Over the past two years, mobile payment providers have undoubtedly made an impression on the South African market. That said, there is still widespread scepticism and fear associated with these new platforms. As it stands, there is a palpable imbalance between the available merchant acceptance points for mobile payments,...
With an explosion of digital payment channels, transaction security enhancement has become indispensable for all entities in the payment process - issuers, acquirers, merchants, payment brands, mobile and digital commerce solution providers. The risks and cost of securing a growing volume of transactions to meet regulatory and compliance requirements...
Securities and Exchange Commission (SEC) of Nigeria has issued a warning to all Nigerians about the danger of investing their money into cryptocurrencies (digital currencies) such as Bitcoin according to a report in BuzzNigeria. In a statement released by the SEC they highlight that the commission nor any other regulatory...
Norconsult Iyanda is a black woman-owned electrical engineering company that provides knowledge and expertise in design and project management for electrical engineering projects. Three young women who are employees of Norconsult Iyanda have been honoured by the company. These young women work in a traditionally male-predominant industry. The women are...
According to Rwandan President, Paul Kagame, there are chances the continent will increasingly become globally relevant and produce better outcomes, now that Africa is focusing on cooperation and integration. Kagame was speaking in Davos, Switzerland at the World Economic Forum Annual Meeting at a session dubbed: Africa’s Leadership in the New...
Every year, the breakthroughs in Artificial Intelligence (AI), the intelligence displayed by machines, become more and more astounding. The list of what intelligent machines can now do better than humans grows. From driving cars more safely to making more accurate medical diagnoses and being far smarter at predictions, it...
ProsperiProp, a South African startup using blockchain technology to develop their own cryptocurrency, has announced that the company will open its Initial Coin Offering (ICO) on Friday, 8 September 2017. According to the company, the launch will help allow people to buy into some of the world’s top performing property...
2019 is here, and if you're in retail, you're likely wondering what the next 12 months will bring. What must merchants do to win? Will the retail industry prosper and thrive? To help answer these questions, we've put together a handful of trends and predictions that we think retailers should...
With more than 250 million smartphones currently in Africa, the African media landscape is rapidly shifting from traditional radio, TV and print, to new media which is primarily digital. The revolution is being felt in all sectors including politics – with government internet shutdowns being the modern-day teargas used to...
According to a report by the Vanguard, Nigerian bank customers paid N138 billion ($437 million) in electronic payment charges to the top 10 banks in the country last year. The fee represents an eye-opening 26% increase on the N109.1 billion paid by customers in 2015. According to Nigerian Communication Week,  organized labour...
Two billion people worldwide do not have a bank account or access to financial institutions. Often referred to as the unbanked, they generally only pay in cash or purchase money orders. Matthew Barnard, the executive head of banking at BBD, explains in a world where digital banking is becoming the...
FNB became the first brand in Africa to launch a branded SnapChat lens, and the first financial institution in South Africa to use Snapchat filters, as an interactive social media experience to drive brand engagement amongst millenials. Since the phased introduction of the concept in December 2017, Snapchat users in...
The world of banking and finance is a fascinating but often very complex place. An incredible range of transactions occur in this sphere every day, whether it is a homeowner signing up to a mortgage, a youngster getting their first bank account or even an individual taking their first...
Visa has just announced it is expanding its fast-track program to support fintechs in the Central and Eastern Europe, Middle East and Africa (CEMEA) region as part of its efforts in developing the next generation of digital payment solutions. Already rolled out in Europe, Latin America and Asia Pacific, the...
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