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Paymentology, the leading global issuer-processor, today announced a new partnership with Bank Zero to accelerate access to modern digital banking in South Africa. As Bank Zero’s first alliance partner, Paymentology supports the bank’s vision of enabling organisations to participate more easily in financial services through its scalable, secure infrastructure. Bank Zero, a branchless, app-driven bank built from […]
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New BCG and QED report reveals the fintech industry’s strongest fundamentals to date—poised for its next wave of disruption through breakthrough technologies, disciplined growth, and new market penetration Global fintech is entering a new era of maturity and momentum. According to a new report from Boston Consulting Group (BCG) and QED Investors, Fintech’s Next Chapter: Scaled Winners and Emerging […]
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In recent years, Africa has witnessed a rapid advancement in digital banking, reshaping the continent’s financial landscape. Somalia is a remarkable example, where East Africa’s Salaam Bank, in collaboration with Paymentology, has launched a co-branded tokenised tap-to-pay digital companion card and a physical card for its Waafi mobile money app users. This innovative move, a first for […]
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Mpumelelo Makhubu-Mukogo, Head: Digital at Standard Bank Global Markets Digital Solutions __ Banking in Africa is on the brink of its next transformative era. Gone are the days of discussing the Fourth Industrial Revolution as a concept; we are already immersed in a world augmented and powered by artificial intelligence (AI), Big Data, and cloud […]
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By Belinda Rathogwa, Head of Digital at Standard Bank South Africa Technology has transformed our daily lives. Specifically, digital technologies have revolutionised how people do their day-to-day banking. The shift to Digital Banking is especially relevant in South Africa, where limited access to financial services can impede access to economic opportunities. The limited access to financial […]
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By Sumit Kumar Sharma, Enterprise Architect and Head of Advisory Services at In2IT Technologies Traditional bricks and mortar banks have been heavily disrupted by the emergence of digital banking in South Africa. These new entrants into the market have the advantage of being ‘born digital’, without the years of legacy that the big four banks […]
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BPC today announced the launch of a new report that focuses on the regional market environment of Sub-Saharan Africa and relevant implications for key digital banking players. The detailed analysis provides a unique overview of the region’s economic and cultural dynamics and considers the fragmented banking infrastructure and arising technological advancements. While there have been positive developments in recent […]
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Ukheshe, a digital fintech platform provider, has announced the appointment of Prins Mhlanga, CEO of Ocean on 76 Group, as a non-executive director. Since launching two years ago, Ukheshe has established itself as a leading payment technology specialist successfully collaborating with several blue-chip payment brands. The appointment of Mhlanga comes at a time when the […]
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