07/06/2021
Nigeria's FairMoney raises $42m
FairMoney has also secured a microfinance bank license, enabling it to launch a current account, with a debit card in the pipeline.
Mobile Banking
07/05/2021
Banking and payment channels in Africa are showing positive growth
While card penetration in Africa lags behind the rest of the world, this too is showing growth.
07/01/2021
UBL partners with Temenos and NdcTech to modernize and scale its digital banking strategy across channels
Through this agreement, the bank has embarked on a digital transformation journey across all channels
06/30/2021
CR2 Market Insight: African Banking and Payments Trends
A quick snapshot of banking and payment trends in Africa offers encouraging news for banks on the continent and opportunities for growth
06/28/2021
Kamco Invest accelerates digitization journey by launching new flagship App
First phase includes in-App access to iktatib.com, amongst other features
06/23/2021
Majority raises $19m for migrant mobile banking platform
The new funding will be used to support growth and make hundreds of hires in Texas, Georgia and Florida.
06/23/2021
Fusion Risk Management Launches Fusion Analytics
Extension of Fusion Framework System Helps Businesses Improve Decision-making and Drive Organizational Agility
06/22/2021
Finuevo: the new fully automated Mobile-first Digital banking platform
The cloud-based functionality offers secure and continuous access, with easy authentication via any device for payments, transfers and more.
06/21/2021
HSBC corporate clients to transfer funds locally in near real-time via IPS
This service is available on business days with a cut-off time of 3pm, using its Global Net Banking channel, HSBCnet.
06/20/2021
Communication Authority launches mobile app for cyber crime reporting
The Communications Authority (CA) of Kenya has launched a mobile application for reporting cybersecurity incidents, following a surge in detected cyber threats during the Covid-19 pandemic.
06/20/2021
Demand For Finance Apps At ‘All Time High’ In Sub-Saharan Africa: Report
With 56 per cent of the population in Nigeria ‘unbanked’, many are turning to apps to access key financial solutions including: loans (43.3 per cent), financial services (35.6 per cent) and investments (20.3 per cent). Africa as a whole record
06/18/2021
VTB launches mobile app to monitor IT systems online
The application is the next stage in improving the reliability and quality of VTB customer services and will make it more convenient for employees to carry out their work.
06/17/2021
Temenos to Accelerate the Modernization of Top Global Bank Societe Generale's Transaction Banking Platform in Europe and Asia
Temenos cloud-native technology will enable Societe Generale to adopt a hybrid implementation with Temenos software in its datacenters or in the cloud
06/16/2021
Laybuy brings in-store BNPL to UK
New Zealand-based buy now, pay later outfit Laybuy is launching its digital BNPL card in the UK, enabling customers to make in-store purchases with a tap of their phones.
06/16/2021
Checkout.com buys Estonian software development firm
The firm, which counts Klarna, Revolut and Wise among its clients, has seen transaction volumes triple in the last year and recently raised $450 million at a $15 billion valuation.
06/16/2021
Standard Bank Partners with Microsoft to Boost Agility, Resilience and Innovation and Drive Africa’s Growth
Creating a digital platform, application modernisation and cloud migration of the continent’s largest financial institution will enable innovation, resilience and cost-efficiencies allowing Standard Bank to respond to customer needs
06/07/2021
G7 leaders strike deal to tax Google, Amazon and other tech giants
Part of the agreement agreed upon on Saturday is that other countries would repeal their unilateral digital taxes in favour of a global agreement.
06/02/2021
Line to launch digital banking platform in Indonesia
According to a report by Momentum Works, downloads of digital banking apps in Indonesia grew 7% in 2020, with apps from established banks like BTPN Jenius, OCBC Nyala and Permata leading.
06/02/2021
Digital banking technology provider is another Chicago startup to reach ‘unicorn’ status
Adam talks about what Amount does, how they spun out from sister company Avant and why Chicago is a great place to be in the technology sector.
06/01/2021
StanChart to offer mobile loans
The bank’s customer base is small among the big banks, reflecting the limited number of big corporations and high-net-worth clients.