10/27/2020
Banks moving into branchless towns amp up community ties
From sponsoring Little League and Girl Scouts initiatives to helping a local library recover from a fire, small banks show deep roots when moving in to banking deserts.
Retail Banking
10/23/2020
Standard Bank, Mastercard, Google to help SMEs open their digital doors in South Africa
Taking skill levels and resource constraints into account, the platform has been designed in such a way that users can set it up and start accepting payments in a matter of minutes.
10/22/2020
Grupo Financiero Banorte picks Volante for cross-border payment architecture
Cross-border payments are an area where banks, technology providers, and fintech firms can effectively collaborate to increase industry-wide innovation and broaden the range of business and retail services.
10/22/2020
Deutsche Bank ‘in talks to sell IT unit’ as cost-cutting continues
Deutsche Bank is reportedly in talks to sell a IT services unit to Tata Consulting Services (TCS), one of Asia’s biggest software exporters, as the lender continues a cost-cutting programme.
10/21/2020
Afterpay Teams With Westpac To Offer Banking Services
Afterpay will control how people see and experience the new service, while Westpac will handle the direct banking relationship with end customers.
10/21/2020
Leading digital bank in South Africa signs with Network International
TymeBank offers a modern alternative to traditional banking brands and aims to make banking more accessible and affordable to all South Africans
10/20/2020
4th Middle East and Africa Fintech Forum to take place in November 2020
Dubbed as the "Davos of Fintech", the Region's top Fintech conference, held under the patronage of the Central Bank of Bahrain and hosted by Bank ABC, returns on a virtual platform to focus on Banking Beyond Digital
10/20/2020
5th Africa Fintech Summit to be held virtually
This year’s Summit will host over 1,000 attendees and 60+ speakers calling in from 10 different time zones across 6 continents
10/19/2020
The DigitalOnly DafriBank To Revolutionize African Banking Services
With its disruptive technology DafriBank aims to push the boundaries in the African banking community to offer top-class digital banking services that will help many companies uncover the real value of their businesses.
10/16/2020
Nigerian fintech TeamApt working on non-interest financing for SMEs
McKinsey’s “Harnessing Nigeria’s fintech potential” report, published this September, revealed these industry milestones.
10/16/2020
Standard Bank preparing to advance African operations to fight off fintechs
Lenders from Kenya to Ghana are having to contend with a burgeoning mobile-banking industry that allows anyone with the simplest of phones to transfer cash.
10/16/2020
“First Abu Dhabi” launches the first digital marketplace in the region...
This comes in response to the need to quickly adapt to the trend of online shopping.
10/15/2020
Africa’s Biggest Bank Is Bulking Up to Fend Off Fintech Rivals
Lender to continue high IT spend to keep up with competitors
10/15/2020
MCB hosts debate on payments: performance in a low touch economy
Stephanie noted that contactless payments are scaling, and revealed that MCB had seen a 50% increase in transactions and 4x the use in supermarkets in Mauritius
10/15/2020
SARB grants Bank Zero forex exchange licence
Bank Zero’s focus is on the use of its debit cards anywhere in the world, which is what the restricted authorised dealer licence allows.
10/15/2020
E-money platform Contis partners with UK fintech startup Ordo on instant payments
Contis is a Principal member of Visa, providing B2B issuing and processing through its wholly owned, cloud-based technology.
10/14/2020
Central Bank of Egypt sets up EgyCash company for money transfers
The central bank is contributing 35 percent of the capital of EgyCash and other Egyptian banks are contributing the rest.
10/12/2020
Fintech Partnerships Within Nigeria, Africa and Beyond
He had three decades of distinguished banking career in three banks including six year tenure as Bank CEO.
10/09/2020
Britain’s banks turn cyber sleuths to crack $100-B mortgage mystery
The searches involve pouring over anonymized data and are a way of surveying overall risk rather than individual customer habits.
10/09/2020
Temenos to expand digital payments portfolio
Temenos Payments will be integrated with Temenos Transact, the next-generation core banking product, and deployed on private cloud to provide unparalleled resilience and scalability to support skyrocketing volumes of digital payments.