Digital Africa

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UBA Group deploys AI-powered callback technology for instant customer response

<b>United Bank of Africa Group, (UBA) is going above and beyond the legacy banking systems to omni channel marketing and social media lead generation,</b> …

Banking

Why Africa’s growing fintech scene is attracting investors

<b>A total of 57 African fintech startups raised over US$92 million in funding between the beginning of 2015 and end of May 2017, with the amount of</b> …

Safaricom Plans Mobile-Money Roll-Out After Vodafone Stake Sale

Safaricom Ltd. may expand its popular mobile-banking service M-Pesa into countries such as Nigeria and Angola, as East Africa’s biggest company …

Banking

Nigeria occupies 7th place on PoS transactions in Africa

Technology | Technology<p>By Chike Onwuegbuchi | 07 April 2017 | 4:26 am<p>Nigeria occupies seventh position among African countries where the use of point …

Kenya is launching the world’s first mobile-only government bond

Kenyan citizens will soon be able to buy government bonds on their cell phones. Kenya’s Treasury said today that the M-Akiba bond, the world’s first mobile-only government bond, would go on sale on Thursday after a delay of almost two years.<p>Kenya first announced plans for the bond, named after the …

Africa

United Bank for Africa - Africa's Global Bank

UBA Group<p>July 27, 2017<p>UBA WINS “BEST BANK - PRODUCT INNOVATION AND SERVICES AT THE 2017 GHANA BANKING AWARDS<p>July 26, 2017<p>Nigerian stocks hit new …

MTN Ghana Makes Mobile Payments Easier With TAP2PAY NFC Service

Share<p>MTN Ghana, the leading telecommunications service provider in Voice, Data and Mobile Money services has launched the ‘Tap2Pay’ service, another …

Report: Nigerian Retail Banking Sector to see 92% Disruption by FinTech

[…]The post Report: Nigerian Retail Banking Sector to see 92% Disruption by FinTech appeared first on CryptoCoinsNews.

FinTech

Uganda: Digital Banking - Why It Is Good for Business and Jobs

United Bank of Africa mobile banking.<p><i>When The Independent recently spoke to William Sekabembe, the chief of business and executive director at dfcu</i> …

Banking

Mobile payments will soon dominate epayment – Ecobank

<b>Tunde Kuponiyi, Head, Consumer Distribution, Ecobank Nigeria discusses the challenges confronting adoption of electronic payments in Nigeria,</b> …

Banking

Money via mobile: The M-Pesa revolution

<b>When 53 police officers in Afghanistan checked their phones in 2009, they felt sure there had been some mistake.</b><p>They knew they were part of a pilot project to see if public sector salaries could be paid via a new mobile money service called M-Paisa.<p>But had they somehow overlooked the detail that …

Banking

FinTech In Afrika Is Much More Than Just Mobile Money And Remittances

The African continent faces challenges in the financial technology space that are diagonally opposite to the situation in the western world. With …

Fintech for good?

Despite being a hot topic over the last few years, it’s always surprising how little most people know about Fintech. The term refers to the …

Wi-Pay Global Granted Approval for International Remittance Services

Wi-PAY Global has announced that it has been granted registration approval to carry out international money remittance by the Financial Conduct …

Nigeria: USSD tech powers mobile banking revolution

Tobi Onaoluwa, a PhD student at Nigeria’s University of Ibadan, has just finished designing DNA to be used for molecular analysis and is ready to …

Banking

CBN and the disruption of cryptocurrencies

CBN and the disruption of cryptocurrencies 07 Feb 2017<p>A circular of the Central Bank of Nigeria, dated 17th January, 2017, warned the deposit money …

South Africa to Establish a Strong Foothold in Fintech Sector

The next fintech and blockchain revolution is waiting to happen in South Africa. The country is already home for some of the most innovative …

DIFC sets up FinTech Hive for Africa, others

Are you a fintech entrepreneur and want to commercialise your solutions and products then this is the chance for you to join the FinTech Hive.<br>The …

South African Reserve Bank Plans to Introduce National Digital Currency

The use of cryptocurrencies as legal tender is one of the most discussed topics among the cryptocurrency community members. The very thing may soon …

Applications to Africa’s largest FinTech accelerator close on 5th Feb

Looking at fintech-focused start-ups, Barclays have designed a unique programme – The Barclays Accelerator, powered by Techstars.<p>The Barclays …

2017: the year fintech shifts its focus to Africa

2017: the year fintech shifts its focus to Africa<p>In many cases, fintech’s rapid growth can be attributed to the industry’s widespread adoption and …

FinTech

Major developments expected for fintech in 2017

<b>From digital banks to mobile-payment solutions, technology is set to change the South African financial services landscape at a pace that will</b> …

Africa’s startups will build a stronger ecosystem with local funding

Startups in Africa’s three leading tech entrepreneurship markets—South Africa, Nigeria and Kenya—raised the most funding in 2016, like the year before. But this year, the total raised on the continent fell by 30.5% to $129 million, according to data collected by Disrupt Africa, from $185.7 million …

Africa

Three Ps of FinTech - The Nation Nigeria

<b>• The value of people, planet and profit</b><p><i>Financial Technology (FinTech) has become the backbone of thriving economies, companies and individuals</i> …

Banking Competition in the $6tr Digital Payment Market

By Babajide KomolafeBANKS should adopt the strategy of increased investment in innovative payment solutions and collaboration with increasing number …

FinTech

Ghana’s Financial Technology Landscape

The African fintech scene over the past decade has matured into a fast paced innovation scene. Africa’s unique circumstances including the leapfrog …

Mauritius taps into British FinTech know-how

01 August 2017<p>Mobile operator will erect new sites across the country.<p>01 August 2017<p>Replication in South Africa is expected to be a seamless process …

Ecobank launches $500,000 FinTech challenge for African startups

Following the rise in the need for financial solutions in Africa, the Ecobank has challenged developers, programmers and FinTech innovators all over …

Interswitch CEO pushes for closer links with banks

Collaboration between banks and the financial technology (fintech) companies will significantly increase value for customers and their bankers, …