07/08/2026

AI drives next phase of payments

Responding to the review, OpenPayd said the findings highlighted the need to develop financial infrastructure capable of supporting AI-powered payments and digital financial services.

07/08/2026

Backbase acquires Kasisto to embed agentic AI in banking OS

The acquisition follows a survey of 277 bank executives across Africa, conducted by Backbase together with African Banker magazine, which identified legacy system integration as the primary obstacle to AI adoption among African banks.

07/03/2026

The governance challenge behind AI adoption in banking

Recent warnings from organisations, including the IMF and Bank of England, have highlighted concerns with AI usage, ranging from cyber threats and systemic vulnerabilities to shortcomings in governance and accountability.