AfricaRSS

EBank deploys Fiorano enterprise service bus

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EBank, a new bank in Namibia, has implemented Fiorano ESB, an enterprise service bus to “seamlessly integrate” the bank’s core processing software – Temenos T24 – with other third-party systems and channels, with a major focus on digital banking.

Mastercard launches competition for African financial inclusion

mastercard

The Mastercard Foundation Fund for Rural Prosperity (FRP) has launched a new competition to find financial products and services that improve the lives of poor people in rural areas of Africa. The 2017 competition will follow a rolling format and will be open throughout the year with applications submitted and evaluated periodically. The first submission […]

Ghana’s Premium Bank opts for NetGuardians’ anti-fraud solution

ICSFS gains new live site in Ghana

Ghana-based Premium Bank has selected NetGuardians’ anti-fraud solution FraudGuardian. FraudGuardian uses a “patented big data model to correlate and analyse human behaviours across the entire bank system including eBanking, service channels, IT systems and financial transactions”. The firm says it can help banks prevent fraud in a proactive manner. FraudGuardian will integrate with the Temenos […]

Path Solutions scores first core banking system deal in Morocco

Morocco

Crédit du Maroc (CDM), a Morocco-based subsidiary of the Crédit Agricole group, has signed for Path Solutions’ iMAL core banking system to support its newly launched participative banking window.

InvestCloud wins deal with South African wealth manager

investcloud

US-based InvestCloud has a spring(bok) in its step as it has been appointed by South Africa’s Anchor Private Clients to provide digital client communication and client reporting solutions. Johannesburg-headquartered Anchor Private Clients, the private client division of Anchor Group, specialises in investment management and advice for private clients across South Africa and internationally. Its parent […]

ICSFS signs National Bank of Yemen for ICS Banks core system, goes live at BOND Savings and Loans

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ICS Financial Systems (ICSFS) has signed a core banking software deal with National Bank of Yemen, and has gone live at BOND Savings and Loans in Ghana.

Trio triumph in Innotribe’s African start-up challenge

swift_innotribe_startupchallenge_3winners_arc2017

Innotribe, Swift’s innovation arm, has revealed the three winners of its third 2017 Startup Challenge for Africa in Abidjan, Ivory Coast. Each start-up receives a €10,000 cash prize and will share their insights about innovation in Africa at Sibos in Toronto. The trio are: IroFit Technologies – offers small businesses processing for in-store mobile/card payments […]

Vodafone sells M-Pesa interest to South African affiliate

m-pesa-logo

Vodafone has transferred most of its ownership stake in Safaricom – the provider of Kenya’s mega-popular M-Pesa mobile money transfer service – to Vodacom, Vodafone’s South African affiliate. Banking Technology‘s sister publication Paybefore reports that under the plan, Vodacom will issue $2.5 billion in shares to Vodafone in return for a 35% interest in Safaricom. […]

South Africa’s Mercantile Bank goes omnichannel with TCS Bancs Digital

Mercantile Bank goes omnichannel with TCS Bancs

South Africa-based Mercantile Bank has implemented a new digital channels platform, TCS Bancs Digital, supplied by TCS Financial Solutions.

Middle East and Africa the world’s fastest growing payment cards region

RBR-MEA

The Middle East and Africa (MEA) is the payment cards region increasing the quickest across the globe, according to research by Retail Banking Research (RBR). According to RBR’s Global Payment Cards Data and Forecasts to 2021, the number of cards in issue in MEA increased by 13% to 611 million in 2015, making it the […]

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