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.
Category: Fintech
Fintech Africa
2025 AFRICATECH AWARDS AT VIVATECH: NIGERIA, KENYA & TUNISIA TOP THE LIST FOR THIS 4th EDITION
The 2025 AfricaTech Awards, hosted at VivaTech in Paris, celebrates African innovation with 45 startup finalists across GreenTech, HealthTech, and E-commerce & FinTech. This 4th edition sees Nigeria, Kenya, and Tunisia leading in participation, with half of the finalists being women-led startups. Winners will be announced on June 12, 2025.
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.
New Crypto Compliance rules – what Directive 9 means for CASPs
This article discusses the tightening of crypto regulations in South Africa, particularly Directive 9, which mandates Crypto Asset Service Providers (CASPs) to implement stringent measures for tracking and reporting crypto asset transactions. The directive includes a ‘travel rule’ requiring detailed client information to accompany crypto transfers over R5000. It emphasizes the responsibility of CASPs to comply with South African regulatory frameworks like FICA, to ensure transactions are free from criminal activities such as money laundering and terrorism financing. The article also highlights the use of tools like VOCA to help CASPs stay compliant.
Driving Ethiopia’s Digital Issuing Revolution – Two Sides of the Same Coin
This article provides an in-depth look at Ethiopia’s digital issuing revolution, examining the dual aspects of technological advancements and regulatory frameworks. It highlights the efforts to foster a digital economy, offering a comprehensive analysis of the opportunities and challenges in transforming Ethiopia’s financial landscape.
EFTCorp delivers Africa’s first open-loop payment solution for Rubicon charging stations
EFTCorp’s innovative open-loop payment system enables users to charge their electric vehicles at Rubicon charging stations without the need for specific membership cards or apps. This advancement simplifies the charging process, promoting the adoption of electric vehicles in Africa.