“Banks are competing with technology companies who can onboard customers in real-time and scale at digital scale. Banks need to think of themselves as a technology company first, and a bank second”. Brett King, CR2 Webinar, 2020 It was a privilege to have futurist and bestselling author, Brett King discuss banking in a COVID and
The global payments industry is undergoing major change and transformation. With the rate of change accelerating, the financial industry must continue to evolve and innovate in order to stay ahead of customer expectations and deliver instant, frictionless, transactions. SWIFT’s 2020 Community Update – Focus on South Africa, brought together market leaders and industry experts to
Singularity are the first to sign a Reseller Agreement with Ovamba in the region TradeTech innovator, Ovamba Solutions (www.Ovamba.com) and financial services provider, Singularity Finance (www.Singularity.finance) have partnered to deliver financial inclusion and growth capital to small and growing businesses in Egypt. Singularity are the first to sign a Reseller Agreement with Ovamba in the
COVID-19 has accelerated digital banking with a significant move by customers towards online and mobile banking. With travel restrictions and working from home policies firmly in place, it is important that banks choose to work with software vendors who have the experience to successfully deliver their digital transformation projects in an offsite context. Since the
Temenos Infinity accelerates time-to-market for new products and deliver a seamless, multi-experience digital journey for its customers Arab Investment Bank selects Temenos Infinity to offer differentiated digital customer experience and grow digital customer base; Temenos Infinity enables Arab Investment Bank to bring new products to market faster, accelerate digital customer onboarding and increase front office
By Dr Tijsbert Creemers-Chaturvedi, Managing Director and Partner at BCG, Johannesburg Daily banking has always been the glue that cements a customer’s relationship with their bank. But regulatory changes, rising customer expectations, new competition, and technological advancements are weakening that glue and threatening banks’ profitability We estimate that a retail bank puts 15% to 25%
CR2 is proud to announce that they have won the IBS Intelligence Global Fintech Innovation Award 2020 for Most Impactful Project of Digital Wallet Deployment along with Dashen Bank and Moneta Technologies. To learn more about or award winning solutions read their Amole Case study. View Amole Case Study here.
Standard Bank South Africa has become the first bank in the country to go live on the Traydstream platform. The move to Traydstream, which was completed on November 5, will create efficiencies in Standard Bank’s trade process and will continue to set it apart in the trade environment. Traydstream digitises documents such as the Letter
New partnership will allow Carticard to distribute loans through prepaid cards Carticard offers services to small merchants, skilled laborers and small farmers, in an effort to incorporate more people in the digital economy The new partnership reinforces Mastercard’s commitment to support local fintechs and drive financial inclusion Mastercard has announced a partnership with Carticard, egabi FSI’s
The New Merged Bank, EQUITYBCDC is the Second Largest Bank in Democratic Republic of Congo with a Balance Sheet of USD 2.5Billion As part of an international bank with presence in 7 countries, Equity BCDC can immediately lend to a single customer up to USD 40M and can access up to USD 350 Million the
