Banking & Finance

Government, telecom, finance, top cyber targets in East Africa

In East Africa, governments are the top target sector for cyberattacks, 33%. Telecommunications, 22% and financial services, 17% follow in close succession. Contrary to the perception that cyber breaches are a problem...

40% EMEA banks indicate digital transformation front-office initiative

A survey released by SAP shows that just one in four banks, 24% in EMEA has created and executed a holistic end-to-end digital transformation strategy to engage customers. The study also showed that while 96% of the...

Standard Chartered to roll out mobile banking across eight African countries

Standard Chartered Bank is bringing its newest mobile and online banking platform to 1 million clients across eight African markets, the most extensive digital rollout of its kind in Africa by an international bank....

BPC Banking deploys national Ethiopian switch based on SmartVista

BPC Banking Technologies, a provider of payment solutions, announced the launch of the national payment system of Ethiopia, EthSwitch SC based on SmartVista. As of today for the first time, all 17 of the countries...

Mahindra Comviva extends mobile money solution from Africa to Iraq

AsiaHawala, powered by Mahindra Comviva’s mobiquity Money, is the first mobile commerce service launched in Iraq. In war torn Iraq, corruption in both private and public sector banks have combined with the...

Carrefour integrates Safaricom M-Pesa into its payment system

Carrefour, the world’s second largest hypermarket chain, is the first retailer in Kenya to integrate Safaricom’s payments service, Lipa Na M-Pesa, as a payment channel in Kenya. With this development,...

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