SADC Banking Association | How Mobile and Innovative Financial Service Solutions can Shape Resilient Societies across Africa

How Mobile and Innovative Financial Service Solutions can shape resilient societies across Africa by acting as a catalyst of financial inclusion and entrepreneurship Author: Pat Adams SADC Banking Association Developing financial resilience with Fintech The 16 member states of the Southern African Development Community (SADC) have a combined estimated population of 345 million,32% of which

bp Extends its Partnership with Diebold Nixdorf to Support its Retail Sites and Payment Technology Globally

Diebold Nixdorf, a global leader in driving connected commerce for the retail and banking industries, has expanded its strategic partnership with bp to provide an integrated solution comprised of hardware, software and managed services. bp extended its multi-year, managed services agreement with Diebold Nixdorf and will leverage DN AllConnect ServicesSM globally to drive its transformation journey as it

Fintech, Ofin, Tackles Behavioural Changes Needed to Address Financial Inclusion

It is a common belief that financial access should lead to financial prosperity. According to the World Bank, financial inclusion is defined as all people and businesses having access to useful and affordable financial products and services that meet their needs. Sakhile Mabena, CEO, Ofin, a venture-backed fintech startup specialising in Behavioural Data Analytics, Financial

SARB Commences Feasibility Study for a General-purpose Retail Central Bank Digital Currency

The South African Reserve Bank (SARB) has embarked on a study to investigate the feasibility, desirability and appropriateness of a central bank digital currency (CBDC) as electronic legal tender, for general-purpose retail use, complementary to cash. A retail CBDC can be defined as a digital form of cash aimed at providing the best attributes of

Airtel Money Launches ‘Airtel Money TUNAKUUNGANISHA NA DUNIA’ to Boost Financial Inclusion

Customers to receive Money from over 200 countries across Airtel Tanzania through Airtel Money has launched a special Airtel Money Campaign dubbed “Tunakuunganisha na Dunia” in which will enable all Airtel customers to receive money from over 200 countries worldwide instantly to their Airtel Money wallet. This is aimed at promoting financial inclusion in the

MoData Announces Strategic Partnership with Renovite to Provide Cloud-native Payment Solutions

Digital and financial solutions specialists, MoData, have partnered with Renovite Technologies to deliver leading-edge cloud-native payment technology solutions to clients in Africa, which will enable them to modernise their core payment system with the convergence of physical and digital channels, providing for a seamless customer experience. The partnership will give banks and retailers in the

Temenos Transforms Banking with The Temenos Banking Cloud to Accelerate SaaS and AI Adoption

Temenos, the banking software company, is accelerating its leadership in the cloud by introducing the next-generation in SaaS For the first time, banks can now self-provision the most complete banking services at the click of a button; With Temenos (www.Temenos.com), banks can innovate in minutes and launch new products in days to achieve the industry’s

Mondia Pay Expands New Fintech Opportunities to Increase Access to Digital Entertainment for Vodacom Tanzania Customers

Africa is experiencing a fintech explosion, with digitalisation coming of age in many countries as connectivity and access to devices expand and the pressures of COVID-19 shift more consumers online Mondia Pay (www.Mondia.com) and M-Pesa have partnered to allow Tanzanians to conveniently access Mondia’s leading suite of online content on the Vodacom Tanzania PLC digital

First Bank Bags a Hat Trick of Awards at the Global Banking and Finance Awards 2021

First Bank of Nigeria Limited, Nigeria’s premier and leading financial services provider, has been awarded the 2021 ‘’Retail Banking CEO of the Year Nigeria’’, ‘’Most innovative Retail Banking App Nigeria’’ and ‘’Best CSR Bank Nigeria’’ awards by Global Banking and Finance magazine. The respective awards conferred on the Bank are in recognition of the indelible

Vivo Energy Uganda, NEMA, Uganda Breweries Ltd, Stanbic Bank Uganda and Next Media Services, Partner to Promote Sustainable Environmental Protection

Vivo Energy Uganda, the company that distributes and markets Shell-branded fuels and lubricants in Uganda, together with National Environment Management Authority (NEMA), Uganda Breweries Limited, Stanbic Bank and Next Media Services have partnered to promote sustainable environmental protection in a new educative campaign dubbed ‘Taasa Obutonde,’ which means ‘Let us save the environment.’ The campaign,