For years, the mantra among the technology cognoscenti was that bitcoin was merely an application, while its underlying technology, the blockchain, was the truly revolutionary innovation.
Browsing: Financial services
Nedbank has acquired Durban-based payments fintech iKhokha for R1.65-billion in an all-cash deal.
Bank fees, a lack of features and low consumer awareness have slowed uptake of the PayShap rapid payments platform.
XLink is driving digital and payments interoperability on the African continent.
Capitec is muscling in on the remittance market through a partnership with the fintech Mama Money.
Use cases for the blockchain are expanding beyond cryptocurrency as more African countries embrace the technology.
Fintech companies, like Lesaka Technologies, are equipping micro-merchants with affordable, easy-to-use digital tools that are reshaping how informal businesses operate.
The Reserve Bank’s plan to overhaul the payments ecosystem should help expand participation by fintechs.
Omnea CEO Deon Tromp shares why real financial transformation starts with architecture, not apps.
The Reserve Bank has released a position paper outlining how it intends modernising the payments ecosystem.