SEACOM’s consumer-focused, fibre to the home (FTTH) and fibre to the small business offering, WonderNet, launched a new payment system this June to finally give consumers more flexibility when settling their accounts. The idea behind the new Pay Now feature is to put the user back in control of their accounts and finances. Unlike most
Nedbank has announced that thy have been recognised as Investment Bank of the Year at Environmental Finance’s IMPACT Awards 2021. The award, which was presented to Nedbank Corporate and Investment Banking (CIB) on 6 September 2021, validates their leadership position as an investment bank with a clear and demonstrable commitment to contributing to the achievement of
Read the white paper here SWIFT, the world’s leading provider of secure financial messaging services, has today published a paper that outlines the potential for Application Programming Interfaces (APIs) to transform international finance, and details how SWIFT is leveraging APIs as part of its strategy to enable instant transactions anywhere in the world. APIs are
Equity Group Holdings Plc has announced the appointment of Jonas Mushosho as a Non-Executive Director to its board following the retirement of Christopher Newson, Non- Executive Director in the Board. Jonas brings on board a wealth of leadership experience, having previously served in senior leadership positions in both the private and public sectors. He has
Read the report here Africa has a diverse population of more than 1.2 billion spread across 54 countries, each with their own cultural, societal and economic nuances. It is also home to the largest percentage of the world’s unbanked population. A key understanding of Africa’s unique environment is essential to drive change, and with more
A global digital platform that addresses the unsolved payment needs of communities, through innovation and accessibility. Standard Bank has introduced a digital platform that combines the simplicity of mobile money with the sophistication of a bank account, aiming to connect Africa’s informal market to financial services in an easily accessible manner. Unayo transactions are free
The Pan-African Banking Group seeks innovative start-ups to partner and collaborate with Applications are now open The pan-African banking group, Ecobank group, is inviting African Fintech entrepreneurs to join the 4th edition of the Ecobank Fintech Challenge. The Fintech Challenge is in line with the Bank’s commitment to championing digitization by giving innovative African startups
Sopra Banking Software (SBS), a global leader in financial technologies, have announced the recent signature with BANK OF AFRICA, to launch a new innovative offering for North to South money transfers based on SBS Open Banking Platform, powered by European open banking platform Tink. Technology disruption, new regulations, consumer shifts and the impact of the
Atlas Mara Limited (“Atlas Mara” or the “Company,” and including its subsidiaries, the “Group”), the sub-Saharan African financial services group, releases its summary financial highlights for the 14-month period ended 28 February 2021. This represents an extract from the audited financial statements. The full audited financial statements will be released shortly and published on our website.
Q&A with Rishi Pillay, Managing Executive: Africa, FSS With open banking and instant payments increasingly becoming mainstream, back-office enterprise reconciliation systems need to keep pace. Conventionally, transactions typically were processed in a batch mode and payments took hours, if not days, to process, clear and settle. Now, reconciliation and settlement cycles have been compressed. This puts
