Tag Archives: digital banking

Payday re-launches in Rwanda with SpaceX’s Starlink

Africa’s leading neobank’s  expansion into Rwanda aims at making digital banking accessible to all remote workers & professionals on the continent while ensuring access to fast and reliable internet connection Payday, the leading Pan-African neobank issuing global (USD, GBP & EUR) accounts to Africans, has announced its re-entry into Rwanda, following the official launch of […]

Big Fintech Company “Opportunities” for Small Businesses or Mousetrap for Your Money

This small post contains unpleasant moments from Fintech companies that small companies or entrepreneurs face. Best Online money transfer, Best Digital payment services… = High Fees, Big Saving on Customer Support, …..  But Virtual Selling Assistant without Real Support. A characteristic feature of such companies is primarily enriching only shareholders and strategy without developing customer […]

Africa is leading the way in mobile money, and it will change banking as we know it

By Mark Dankworth, President International at Ukheshe Technologies Mobile transacting is fast becoming the golden egg of financial services – and nowhere more so than in Africa. According to the Global System for Mobile Communications’ (GSMA) 2021 State of the Industry Report on Mobile Money, the number of registered mobile money accounts grew by 12.7% globally […]

PLATFORM BANKING AND OPEN BANKING: why it’s the next big thing for banks and their customers

Incumbent banks are starting to look to “platform banking” to stay relevant and loved by customers. But what is platform banking in the first place? And why is it a good thing for society? Anthony de Gray Birch, co-founder and Chief Operating Officer (COO) of Direct Transact, South Africa’s biggest banking enabler of the past […]

Banks across Africa Turn to IBM Hybrid Cloud and AI Solutions to Accelerate Digital Innovation

Africa’s leading banks including EcoBank, Nedbank, Attijariwafa Bank, United Bank of Africa, Co-operative Bank of Kenya and Banco Mais are tapping into IBM technologies to help advance financial inclusion across the continent IBM today announced that major financial institutions across Africa have selected hybrid cloud and AI capabilities from IBM to unlock digital innovation and continue […]

89% of GCC consumers will opt for digital banking services over visiting a physical branch post Covid-19

77% of respondents in the GCC access digital banking services at least once a week 44% are willing to switch to a different bank due to poor customer relations 31% perceive their bank’s current offering of access to online banking services as weak Consumer appetite for digital banking services continues to grow in the countries […]

Affordable digital banking to revolutionise price-sensitive East African payments market

In a region still dominated by cash and mobile money options, like M-Pesa, new collaborations between fintechs are looking to capture the price-sensitive market with innovative, open-loop digital payment solutions in East Africa. According to Mark Dankworth, President International, Ukheshe Technologies, the region is poised for a surge in digital banking growth, with the likes of […]