Armed with the provisional banking licence in Nigeria, Africa’s biggest telco’s intention to diversify revenue streams has been accelerated, analysts say.
The big-four bank reaches a milestone in “record time” as more businesses and individuals rely on its super app to access essential services.
The centre will accelerate research on blockchain, central bank digital currencies, cyber security and digital inclusion.
Most of the bank’s new accounts are opened at kiosks, with just under 20% of new accounts now opened online, up from 15% since April.
NSFAS fintech partners to challenge contract cancellations
In this week's tech news roundup, Fintech partners contracted to disburse monthly allowances to NSFAS-funded tertiary students have challenged the allegations levelled against them, saying they are considering legal action. eZaga and Tenet Technology have denied the allegations made against them and claim to not have received the full report in which these were made Stay informed and engaged with our comprehensive coverage of these stories and more on our website, www.itweb.co.za and social media platforms. Discover the latest advancements shaping the future of technology by ITWeb. #newsvideo #sita #nsfas https://www.itweb.co.za/content/DZQ58MV8yPAvzXy2 https://www.itweb.co.za/content/rxP3jqBEax8MA2ye https://www.itweb.co.za/content/xnklOvz1dnYq4Ymz https://www.itweb.co.za/content/dgp45vaBPVJ7X9l8 https://www.itweb.co.za/content/P3gQ2qGAPrg7nRD1
Africa’s biggest telco says it is committed to investing in the capacity and resilience of its networks, while scaling its platforms to drive accelerated growth.
JSE-listed Net1 takes control of one of SA’s biggest fintech firms, Connect Group, in a R3.7 billion “transformational” deal.
Finastra Universe – Your World. OPEN is designed to support the journey towards unlocking the potential of finance for everyone, everywhere.
Huawei Cloud drives African FinTech innovation
Mark Wang, Solution Architect at Huawei Cloud Southern Africa, spoke to ITWeb about Huawei being a strategic partner in the banking sector. He also addressed challenges for banks in SA and potential growth in the payment ecosystem for customers. #huaweicloud #fintech #digitalbanking
Fintech revenue grew by 55.2%, as customers continued to increase their use of the telco’s broader fintech services, while digital revenue surged by 56%.
The financial services company hires Sandile Shabalala as chief executive of business and commercial banking, as it prepares new digital offerings.
The Information Regulator is shocked the credit bureau’s customer data was leaked on Telegram, in a third incident where Experian’s data was compromised.
The company will initially offer a tokenised pay-by-bank product to help businesses and fintech firms in Nigeria improve user experience and eliminate fraud.
The Shyft digital wallet was recently recognised as the Best Financial Solution for 2021 at the annual MTN Business App of the Year Awards.