Central Bank of Egypt pilots eKYC solution for financial inclusion
Egyptian regulator also plans internet banking overhaul.
Africa
Rise of the machines: AI and machine learning in financial services
FinTech Futures launches its first industry report for 2020. Download it today!
Catalyst Fund raises $15m from JP Morgan and UK Aid for emerging market fintechs
Thirty fintech start-ups from South Africa, Kenya, Nigeria, India and Mexico will get funding.
Video: Top fintech stories this week – 24 January 2020
FinTech Future’s weekly news round-up.
Nigerian paytech Flutterwave raises $35m, partners with Worldpay
Flutterwave has become Worldpay’s only African payments partner.
Vodafone leaves Facebook’s Libra to focus on M-Pesa
M-Pesa is the telco’s digital payment service.
Atlantic Financial Group picks Oracle’s Flexcube
Another win for Oracle in Africa with Atlantic Financial Group.
Salaam African Bank in tech overhaul with Oracle
EXCLUSIVE: The deal includes Flexcube core, digital banking, payments and trade finance solutions.
EXCLUSIVE: Oracle wins new core banking deals in Sudan, Somalia & Libya
Oracle has won and extended plenty of African deals in the past few months.
Ziraat Participation Bank in Sudan selects Path Solutions’ iMAL
Path to underpin the bank’s Islamic banking products.
Nisir Microfinance taps ICSFS for new core system
ICFS Banks to be rolled out across five branches.
MyBucks Banking Corporation implements Flexcube core banking system
The new Malawi-based bank also took Oracle Banking Digital Experience for the front-end.
Our top women in fintech and banking 2019 short list
A short-list of rising stars and household names in banking and fintech.
Banking’s biggest core go-lives in 2019
Always exciting, sometimes terrifying, here are the biggest ‘go-lives’ in core banking 2019.
2019’s top core banking deals
The core deals which made waves this year, summarised just for you.
Jumia to close Rwandan business
It comes just weeks after it exited Cameroon and Tanzania.
Findexable report: London bests other European fintech hubs despite Brexit
San Francisco secured the top spot – up from eleventh place last year.
Trulioo opens GlobalGateway to Nigeria and Ghana
Nigeria & Ghana have taken significant steps toward increasing access to digitisation.
Start-up Saga launches stabilised SGA token with major bank and exchange advisors
JP Morgan Chase’s chairman and former deputy attorney-general of Israel are on the board.
The 20th Banking Technology Awards winners have been announced
It was a brilliant celebration of excellence and innovation in the banking industry.
Temenos inks deal with Egyptian National Post
The firm will be replacing 20 legacy systems in the process.
CMFG Ventures hands BankBI Series A investment to tap US market
BankBi will use CMFG Ventures’ US credit union connections.
Four fintech & financial inclusion trends for 2020
A gap remains for women, rural residents, & other underserved communities.
Nile Bank selects Oracle as new core banking provider
Implementation partner Profinch to ensure deployment.
Smartstream partners with Union Systems to tap Africa’s finserv space
Union Systems has a presence in 19 African countries.
BRICS nations aiming for common payment system
Russian official says the association is looking to reduce reliance on USD.
Village Capital and MetLife Foundation selects 11 start-ups for MENA accelerator programme
Finalists from this cohort will receive grant capital totalling $50,000.
Opera-owned OPay raises $120m in Series B funding round
The Nigerian start-up will use the fresh cash to expand in the region.
Clearing the liquidity fog in 300 milliseconds
FinTech Futures speaks to CEO and founder of RTGS.global, Nick Ogden.
Visa sends Nigerian fintech Interswitch to unicorn status
Sources say Visa paid $200 million for a 20% stake.
Digital banking 2019: top opportunities and cornerstones in IT product development
People want nothing but financial flexibility and convenience when it comes to money management.
The case for a united financial marketplace
Can technology streamline the search for liquidity, the search for insight, and the search for capital?
GoCardless and TransferWise launch first global network for bank debit
Customers can collect recurring payments in over 30 countries.
Cowries Microfinance Bank goes live on Craft Silicon solution
Nigerian bank moves forward with new core system.
Banking Technology November 2019 issue out now
The identity challenge.
Challenging the status quo
FinTech Futures discusses Appian’s strategy with Guy Mettrick.
Crypto bundler Revix targets female investors, aims to make digital assets “responsible”
Revix will be sponsoring entrepreneur platform Future Females.
SME lender Lidya aims for top spot in Nigeria, next stop Eastern Europe
Lidya expanded to Central Eastern Europe (CEE) earlier this month.
Accessible and international SME banking
Options available to SMEs vary dramatically yet rarely fit the bill.
Consolidated Bank Ghana goes live on Temenos T24 Transact
Consolidation project finalises under Temenos platform.
