Five lessons global banks can learn from African fintechs
Mobile payments have been positioned as a ground-breaking idea but Africans have been doing that for a while.
Africa
Emerging markets seeking London’s fintech crown
City of London mayor gives UK firms stark warning.
Bank of China and IBM team up to launch series of innovation labs
Big Blue helps set up first lab Singapore, with seven more to come.
ISLA tells lenders how to avoid “unsustainable levels” of cost and risk
By standardising and automating, the industry will become “future-proof”.
Sibos 2019: Final wrap-up of talks, interviews and daily news
See our final wrap-up of the London-hosted four day event!
Mobile finance fintech Channel VAS lands $54m investment
Investors see potential in Africa’s “growing yet underpenetrated mobile airtime market.”
Interview: Konstantin Vaysman, chairman of Mobile Finance Group – financial inclusion
And the role of mobile financial services in making this happen.
United Bank of Africa partners with fintech Ovamba Solutions
The alliance will provide Cameroon businesses with new tradetech.
Digital Reasoning reveals $40m funding round and Standard Chartered partnership
Digital Reasoning uses AI to understand human communication
FairMoney raises €10m to build challenger bank in Nigeria
FairMoney serves 200,000 customers who are mainly small businesses.
The final extension for the 20th Banking Technology Awards
There’s one more chance to submit your entries!
Digital Nigerian bank Kuda raises $1.6m in pre-seed funding
Kuda is the first digital-only bank in Nigeria.
Confirmations bring peace of mind to cross-border payments
Swift is working on a new universal confirmations initiative.
Mastercard and R3 deliver blockchain cross-border payments solution
The partnership will focus on connecting global faster payments infrastructures.
Banking Technology September 2019 issue out now
Thriving in a hyper-connected world.
Apis acquires majority stake in paytech Tutuka
It was attracted to Tutuka’s strong presence across 19 emerging markets.
Accion Venture Lab adds $33m to new fintech fund
The lab’s total capital under management is now $42 million.
Zip acquires PartPay for $50m
The Aussie credit card company has also purchased an equity interest in QuadPay.
Mobile technology enabling financial access to millions
Zenka is challenging its competitors and courageously conquering the Kenyan lending industry.
Carlsberg Bank – probably the best digital bank in the world
Banks need to identify new segments and go beyond banking
Equity Group reviews its fintech unit as executives quit
The Kenyan bank is considering running Finserve Africa as a division.
Standard Bank and Nomanini sign 12-months in the making $4m deal
Nomanini will be looking to raise additional funding for growth.
MoneyGram hits back at consumers and investors
The paytech company says it “can’t make everybody happy”.
New core banking software deals for Oracle FSS
The latest financial quarter brought licence deals worth $29 million.
Is your fintech brand an awkward teenager?
From unpredictable growth spurts and occasional breakouts, to sleeping in.
CoinFLEX announces $10m funding and Market Making Program
The initiative will target trading firms, hedge funds and cryptocurrency companies.
DSB reveals “significant appetite” for data quality and cybersecurity analysis
The DSB will create the new part-time role of Chief Information Security Officer.
China’s Transsion and Wapi Capital start African fintech fund
Transsion will provide equity-based investments of up to $100,000.
US neobank Zenus gets licence
Zenus will allow anyone in the world to open an account.
Thomson Reuters launches global regtech competition
The contest seeks legal, tax and regulatory solutions.
Oromia International Bank goes live with ICS Banks core banking system
OIB’s end-of-day processing has been reduced to less than 30 minutes as a result.
Big banks are driving fintech to the mainstream
And it’s happening faster than you think!
DPO Group acquires PayFast
A major deal for the African paytech sector.
Challenger banks in South Africa: who’s who and what’s their tech
A comprehensive list of South African challenger banks and banking services and the tech they are using.
EY inks agreement with Open Banking Nigeria
It will extend services to individuals and businesses across Nigeria.
Swift shifts from MT to XML format
Payment transfers will be shifting to the ISO 20022 standard.
The Win 10 Rush: How financial institutions can beat the clock to upgrade their PCs
Kevin Flaherty, CEO at BLM Tech reveals the key to carrying off large-scale IT projects.
Infosys Finacle digitises Standard Bank’s African branches
The Mobile Teller Solution has slashed waiting times.
Barko chooses Temenos to power bank ambitions
The microfinance institution has applied for a banking licence.
Banking Technology July/August 2019 issue out now
Drawing the curtains on a bright tomorrow.
