11/19/2020
Google Pay app gets a major overhaul; brings contactless payment, mobile banking and other features under one umbrella
The new Google Pay app is already rolling out on the Google Play Store and Apple App Store for users in the US.
Mobile Banking
11/18/2020
How the next banking revolution is taking place in your cell phone
To stop the further ascendancy of M-Pesa, four large local banks are said to have approached Michuki, alleging that the mobile money service provider was similar to a “pyramid scheme”.
11/18/2020
COVID-19 drives further growth in contactless payments
Contactless payment are transactions initiated by contactless interaction between the consumer’s card and the merchant terminal
11/18/2020
Online trading becoming more attractive in Africa (By Jay Mawji)
The financial knowledge and capabilities in Africa are often misunderstood by many outside the continent
11/17/2020
Macquarie Bank keeps options open with a multi-cloud tech stack
By the end of the 2022 financial year, Macquarie Bank aims to be completely cloud-agnostic.
11/17/2020
Revolut Business now accepts payments online
Customers with a Revolut Business account will benefit from seeing payments settled the next day, allowing for quick access to business funds.
11/13/2020
Online Customer Conversations Reveal 'Everything To Be Considered' In The Battle Between Challenger And Established Banks, Says Economist Intelligence Unit Report for Temenos
Challenger banks are strongly associated with financial empowerment, but also twice as likely to be associated with security and privacy concerns compared to traditional banks
11/11/2020
Banks accelerating digitisation in wake of Covid-19
In a business environment where physical structures, paper trails and cold cash are highly valued, digital banking adoption rates across the continent are mixed.
11/11/2020
Prime Bank launches a international money transfer service, SimbaPay
Prime Bank’s Director for Business Development, Vijay Kantaria, said the tier 2 lender has embarked on investment in technology through partnering with various FinTechs to accelerate its digital integration plan.
11/11/2020
Africa: why digital payments are key to financial inclusion [Opinion]
Instead, the best hope for financial inclusion and growth on the continent is a digital payments platform that is merchant centric, and that benefits the artisans, SMEs, and small farmers.
11/10/2020
ila Bank launches a travel campaign
With customers increasingly opening multi-currency accounts and saving for travel plans through “Hassalas”, ila’s savings pot feature, this travel campaign complements ila’s existing intuitive offering which mirrors its users&r
11/09/2020
Opening up the path less travelled from banking to fintech
One of the appeals for Meade was the increased flexibility afforded in the fintech sphere, working with multiple different financial institutions, an opportunity that was not always there in banking.
11/05/2020
Qualcomm forecasts strong first quarter as Apple, others ramp up 5G phones
Revenue from the company’s chip segment, its largest by sales, was $4.97 billion in the fiscal fourth quarter, compared with FactSet estimates of $4.59 billion.
11/05/2020
Online banking: Standard Chartered Ghana goes live with its revamped website
New website optimizes the Bank’s online banking processes
11/05/2020
FirstMobile wins Best Mobile Bank App award
Winners were chosen from entries evaluated by a world-class panel of judges at Infosys, a global leader in consulting, technology and outsourcing.
11/05/2020
ING to shed 1000 jobs; reins in digital banking ambitions
ING is shelving plans to develop a unified digital experience for customers in overseas markets, taking a €140 million hit in capitalised software costs against the programme.
11/04/2020
How much will digital insurers disrupt the APAC life industry?
It will be ‘difficult for mono-channel firms to compete in the future’
11/04/2020
National Western Life Selects SS&C for Loan Servicing and Accounting Automation
Texas-based life insurer with a growing portfolio of commercial mortgages to implement cloud-based Precision LM to support next-generation loan servicing and accounting
11/03/2020
Turning to Technology for More Secure Banking
To improve both the trust of clients and the security of institutions, banks and other financial organizations must turn to new technologies to help them protect against fraud.
11/02/2020
Digital account opening: the secret to growth amid Covid-19?
The uncertainty from Covid-19 will remain for the foreseeable future, and businesses need to be hypervigilant and rewrite their playbooks as circumstances evolve.