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FINCA Accelerating Financial Inclusion Through FinTech Innovation in Tanzania

According to the 2014–2016 Tanzania National Financial Inclusion Framework the level of formal financial access in the rural areas of Tanzania is 8.5% compared to 23% in the urban areas Read More →

Findings from the Cyber Intelligence Research Group Cause Doubt

The South African banking industry is aware that the findings of research conducted by the Cyber Intelligence Research Group and specifically the Cyber Exposure Index may cause unnecessary fear, Read More →

Identity Verification Platform ThisIsMe Wins African Fintech Awards

ThisIsMe won top spot at the African Fintech Awards hosted at the Finance Indaba last week. The business tied with Easy Equities after two days of intense pitching battles and Read More →

BankservAfrica Takes Payment Systems Learnings from Africa to Sibos

BankservAfrica is a key participant at this year’s global financial industry forum, Sibos, to not only take Africa payments systems learnings to a global community, but to also better understand Read More →

Central Bank of Kenya Receives Acquisition Offer for Chase Bank Limited

Central Bank of Kenya and Kenya Deposit Insurance Corporation have announced that they have received a non binding offer from SBM Holdings Limited with respect to Chase Bank (Kenya) Limited, as Read More →

Encouraging Trends Emerging In The Short Term Loan Market

The short term loan or micro-finance market landscape has changed quite dramatically over the past five to ten years due to some interesting influencing factors. These include stricter regulations relating to Read More →

First Bank of Nigeria Increases Stake in FBNBank DRC

First Bank of Nigeria Limited (FirstBank or the Bank), the foremost Nigerian bank, announced the acquisition of the remaining shares in FBNBank DRC Limited (FBNBank DRC), making it FirstBank’s wholly Read More →

TymeDigital Receives Banking Licence from South African Reserve Bank

The South African Reserve Bank (SARB) has issued an operating licence to TymeDigital by Commonwealth Bank SA. This is the first licence issued to a new bank by the SARB since Read More →

AlphaCode Invests in Luno, an International Bitcoin Platform

Luno announced its expansion into 35 new markets across Europe, and R120 million Series B funding round, led by London-based Balderton Capital, one of Europe’s leading venture capital firms. Rand Read More →

M2M, Key to Unlocking Economic Inclusivity and Innovation in Africa

As more financial service providers adopt machine-to-machine (M2M) solutions, it is becoming ever more apparent that these solutions are vital to economic inclusivity and innovation on the African continent. This Read More →
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