Bank of Kigali chooses Temenos for regional growth
The Rwandan bank aims to reach a million customers by 2021.
Africa
Banque du Caire goes live with Temenos Infinity
The bank has also chosen the Temenos T24 Transact core banking solution.
Uganda hoping to Prosper with clean energy initiative
Clean energy and financial inclusion are coming together within an innovative social enterprise, BrightLife.
ADB launches digital financial inclusion fund
It’s supported by the Bill & Melinda Gates Foundation, AFD and more.
New user in Libya for Oracle’s Flexcube core banking system
EXCLUSIVE: Greenfield bank Yaqeen Bank signs for front-to-back office tech from Oracle FSS.
Swift calls for industry collaboration to improve FX efficiency
Greater automation and better use of standards would benefit the FX market.
DPO Group launches Africa’s first B2B virtual and prepaid payment card
DumaCard gives businesses in Africa access to new markets by enabling cross-border online payments.
BanQu closes extension on $2.6m Series A
The amount of the extension remains undisclosed.
Temenos systems on the cloud support BMCE launch in China
BMCE Bank’s new operation in China for corporate banking and trade finance.
Oracle FSS wins over Senegal Post Bank
EXCLUSIVE: Senegal Post Bank overhauls its front-to-back office banking and payments tech.
Nigerian banking start-up favours Oracle FSS
EXCLUSIVE: Titan Trust Bank selects Oracle FSS for its core and digital banking technology.
JSE goes live with new real-time clearing platform from Nasdaq
First asset classes are migrated as part of JSE’s multi-year plan.
Arab Tunisian Bank in front-to-back office tech overhaul with Temenos
Information Technologies Solutions & Services (ITSS) will be the implementation partner.
Financial inclusion focus: smallholders, big dreams
An ambitious vision for raising smallholder farmers in sub-Saharan Africa out of poverty through applying technology.
Ithala SOC selects Intellect Design to support expansion plans
The system integrator will be Tech Mahindra.
Sopra Steria acquires France-based core system vendor SAB
SAB’s SAB AT will be added to the acquisitive French company’s existing range of acquired core offerings.
Video: fintech news weekly round-up – 8 April 2019
Africa Fintech association, City watchdog’s orders, and a new blockchain alliance!
Kudi raises $5m to expand bank agent network in Nigeria
Series A funding will support mission to serve underbanked people.
Korapay allows Nigerian migrants to send money back home
Currently in the US, but to be expanded to Canada, the UK and Europe.
Unlocking a continent of opportunity: digital and mobile transforming Africa’s business landscape
A quiet financial revolution is gathering pace across Africa – stemming from the rise of smart mobile tech.
Standard Bank moves over to AWS
All its workloads, including its customer facing and core banking applications.
One Finance gets bigger with Amplify acquisition
The details of the deal remain undisclosed.
Challenger banks country by country: who’s who (and what’s their tech)
Comprehensive and free guides for UK, Spain, Germany, France, US, Canada, South Africa, Australia, India and Hong Kong.
HPS PowerCARD 2019: working together to tackle fraud
Why aren’t the banks collaborating or working together to combat fraud, should the regulator get involved?
South Africa’s Standard Bank to axe 1,200 jobs
It will also close 91 branches in the name of digitalisation.
Dubai International Financial Centre launches $10m fintech fund
DIFC plans to invest in start-ups in Middle East and North Africa.
Vista Bank picks Temenos for African digital expansion
Infinity and T24 Transact will update the bank’s systems.
FSS takes stake in Africa’s Ecentric Payment Systems
Paytech acquires 46% stake as part of its African expansion plans.
United Bank for Africa launches in UK
Follows on from its recent arrival in Mali.
People’s Bank of Zanzibar goes live with ICSFS core system
State-owned bank made its selection in late 2016.
Nigerian fintech TeamApt is apt for $5.5m of funding
To develop digital solutions for Africa.
South Africa’s Standard Bank to unleash payments blockchain platform
Plans a cloud-based platform for foreign exchange and settlement in H1 2019.
Mastercard and Angaza shine for payments in emerging markets
Will offer digital solution that “increases access to affordable necessities”.
TymeBank launches with Mambu core system
South African bank finally live and using Software-as-a Service (SaaS) offering.
BML Istisharat’s ICBS core system sees success in Lebanon and Morocco
Finance Bank is going live and FNAC has picked the platform.
Discovery’s digital bank to go live next month
South African financial services company satisfied with testing.
Sasfin takes equity stake in South African lendtech Payabill
Johannesburg-based firm looking for more SME action.
Kenya keen on regulatory fintech sandbox
Capital Markets Authority outlines its plans for innovation.
Nigerian paytech OyaPay is no more
“Our grand experiment is at an end after 365 days.”
TymeBank times South African launch for this month
Digital challenger gets ready following its soft launch in December 2018.
