Learn how stablecoins are shaping the next era of digital finance. D24 Fintech Group discusses Codex’s $15.8M funding, their purpose-built blockchain for stablecoins, and the future of global payments.
Category: Finance
Finance insights covering banking, fintech, investment, financial services and market developments shaping Africa’s economy.
Xago Expands Globally with AUSTRAC Registration and New Currency Integrations
Xago Technologies, a South African fintech specializing in digital payments via the XRP Ledger, has expanded globally by registering with AUSTRAC as a Digital Currency Exchange. The company now supports six major currencies, including NGN and EUR, enhancing cross-border transactions with speed, compliance, and security.
Egypt’s Digital Issuing Revolution – Apple Tokenisation Drives Interest
Egypt’s digital payments landscape is transforming, driven by Apple Pay tokenisation and a surge in mobile-first financial products. Norman Frankel shares market insights following his visit, highlighting Cairo’s contrast of heritage and innovation and the rapid fintech adoption reshaping banking and consumer behavior.
Why microlenders are under the regulatory spotlight
Microlenders in South Africa play a crucial role in financial inclusion, offering small loans to individuals and businesses who lack access to traditional financial services. However, they face increasing regulatory scrutiny under both the Financial Intelligence Centre Act (FICA) and the National Credit Act (NCA). This article explores the compliance challenges microlenders face and the role of technology in helping them meet regulatory requirements while continuing to support underserved communities.
Kenya’s Payments Evolution: What banks and fintechs can learn from M-Pesa and mobile operators
The article examines Kenya’s evolving payment ecosystem, highlighting the impact of M-Pesa and mobile operators on the financial landscape. It explores how banks and fintechs can learn from M-Pesa’s success in driving innovation and customer engagement, while also addressing the rising competition and evolving digital banking trends.
Crypto Scams and Hacks: A Growing Threat to Investors
A recent study reveals that 83% of crypto investors have been scammed or hacked, highlighting the increasing threats in the cryptocurrency space. The research uncovers the most common types of scams and the financial impact on investors.
XRP Set to Lead Quantum-Ready Blockchain Security, Says D24 Fintech Group
XRP is positioning itself as a quantum-ready blockchain by proactively securing its infrastructure against future quantum computing threats. With its focus on quantum resistance, XRP aims to become a leader in secure and scalable financial networks. Its innovative approach to blockchain technology, fast cross-border payments, and strong ties to the financial sector make it an appealing choice for financial institutions and governments, especially in light of emerging quantum technology.
Crypto in SA: Between Progress and Precaution – What You Need to Know
This article examines the evolving landscape of cryptocurrency in South Africa, highlighting the balance between progress and caution. It provides key insights into the regulatory environment, the potential for crypto adoption, and what businesses and investors need to know about navigating this emerging sector.
Bybit crypto heist: Five key lessons to prevent a repeat
Two-factor authentication, liveness checks, and a centralized approach reduce the likelihood or eventual impacts of a hack, says D24 Fintech Group.
How to Invest in Art Like a Pro
Art has become an increasingly attractive alternative investment, offering the opportunity to diversify one’s portfolio, while having the potential for significant returns. One of its biggest advantages is that, at the very least, it tends to hold its value, and, over time, it can appreciate, all while offering buyers the pleasure of enjoying their acquisitions.