By Hayley Hopwood, Head of Revenue, Paystack Whether you realise it or not, there’s a good chance your company is using a financial technology (fintech) product. And even if by some slim chance it isn’t, chances are it will be in the near future. That’s as true in Africa as it is anywhere else in
Mukuru, the leading next-generation financial services platform headquartered in Cape Town, has announced a partnership with online learning platform Digemy to provide financial literacy education for its users. Mukuru CSI Manager Deidré Vrede says the fintech business, which connects with underserved and unbanked users across the continent and walks them along a digital financial journey,
For hundreds of years banks have put financial excellence at the heart of their operations. But as traditional banks rush to compete with the nimbler fintechs and digital-only challenger banks, too many leaders are neglecting the human element of their digital transformation programmes and the result of this neglect could end up costing them far
Millennials (aged between 27 and 42 years old) and GenZs (aged between 11 and 26 years old) constitute a large proportion of the South African population. As individuals building their careers, students entering the labour market and learners maturing into young adults, they represent the economically active citizens of the future. As such, their entry
As one of the top ten mining countries in the world, South Africa’s economy relies heavily on this industry as well as those closely related to it, such as construction. Yet this also makes these industries attractive targets for cyber criminals. The mining industry is among the most at-risk industries for fraud and in some
The QR code payment industry has seen a surge in adoption in recent years, with estimates suggesting a global market value of USD$9.98 billion in 2022. QR codes are seeing a marked increase in popularity in South Africa as well, says Pieter Roux, President Payment Strategy at Ukheshe. From the brand evolution of Masterpass to
The ATM Industry Association (ATMIA) Next Gen Consortium proudly announces the release of the Next Gen Standards Guide, marking the successful conclusion of Phase-3 in the reinvention of the ATM industry. This ground-breaking guide empowers Next Gen ATM providers to develop, test, and certify Next Gen software, setting the stage for ongoing innovation in the
Ten innovative Southern African start-ups received awards for their solutions to bridge the gap in financial access for underserved communities. The Fintech Challenge was part of the ecosystem development initiatives under the Southern Africa Innovation Bridge Portal supported by the World Bank to crowd-source new and impactful ways to utilise the latest innovations in fintech.
Ordinary South Africans don’t need to be told to save more, or that they have a poor saving culture. What they need is opportunities to grow their wealth through investments that are accessible to their income level, says the founder of a local venture builder and business incubator Aions Creative Technology. There’s enough money to
DRUID, an AI-driven conversational leader, has announced its strategic partnership with MoData (Pty) Ltd, an emerging forerunner in AI-powered customer engagement, fintech and data-driven financial applications. This collaboration is poised to blend DRUID’s advanced conversational AI capabilities with MoData’s transformative financial business operational insights, equipping businesses with powerful tools to maximise digital adoption strategies while
