Central Bank Warns Against Digital Currency Use as One Coin Launches in Uganda

The Bank of Uganda has cautioned the general public against doing business with the new digital currency which he says is not regulated. Dubbed One Coin, the crypto currency located on the...

Kenyan Banks Partner to Launch Mobile, Electronic Money Platform to Rival M-Pesa

Kenyan banks have joined hands to launch a mobile and electronic money transaction service, PesaLink to rival M-Pesa in the mobile money transaction business. The development comes nearly 10 years after the...
Bitcoin has always had its marked ups and downs, but the future sounds very shaky indeed now. ImageCredit: Cryptodream

South Africa considering adopting digital currency

The Reserve Bank of South Africa has revealed that it is considering issuing a national digital currency, with Blockchain or Distributed Ledger Technology (DLT) being what it is based on. According to Tim Masela,...

Ecobank launches fintech challenge for start-ups

Pan-African banking conglomerate, Ecobank, has launched a fintech challenge for start-ups. The challenge is open to Africa’s entrepreneurs, innovators and developers, providing then with an opportunity to win $500,000 in funding as...
JUMO Head Offices. Image Credit: Jumo

JUMO Names Warren Squires as Director of MTN Channel

According to JUMO, they gained more than 100 new staff members last year and has plans to double its staff complement in this year. The company boasts a strong line-up of talent...

Lagos to host CashlessAfrica Expo 2017 under theme “The future of finance”

Digital disruption is shifting the balance stay of power in financial services and influencing the way, millions of people bank their money, make payments, remittances and more, in a continent where...
Image Credit: Wall Street Journal

South Africa’s Standard Bank Acquires Majority Stake in Firepay

Standard Bank one of South Africa's largest financial services groups earlier this week on Monday announced they had acquired a majority stake in Firepay; a firm that applies new mobile payment...
A client using the MTN Mobile Money platform. Image Credit: NewTimes

Touch Login Launched in Kenyan Standard Chartered Bank

Kenya’s Standard Chartered Bank on Monday launched a new feature for Apple iOS device with Touch ID sensors and Samsung Android devices, dubbed 'Touch Login' that allows customers to use fingerprint to...

SimbaPay launches mobile money transfer service to Ghana and Uganda

SimbaPay (www.SimbaPay.com) a London based digital money transfer provider – today announced the launch of its money transfer service to Ghana and Uganda. Using the SimbaPay app or website, Ghanaians and Ugandans...
Stanbic Bank Uganda's Chief Executive Offiecer; Patrick Mweheire (Left) and Charles Hamya; General Manager of MultiChoice Uganda (Right) are seen shaking hands during the partnership of MultiChoice Uganda and Stanbic Bank Uganda to bring online payments to MultiChoice customers, during a Joint Press Confernce held at MultiChoice Head Offices in Kololo, Kampala on Tuesday 22nd November, 2016. (Photo shot by: Nathan Ernest Olupot)

MultiChoice Customers can now Pay Subscriptions Through the Stanbic Bank Digital Banking Channels at...

During a joint press conference held at MultiChoice Head Offices in Kololo, MultiChoice Uganda together with Stanbic Bank Uganda announced their partnership to provide free online payments with no extra costs...
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See Also

Why all WhatsApp Groups Must Develop a Set of ‘WhatsAppiQuette’

There should be a rule about WhatsApp media items from parties and events being shared in WhatsApp Groups. Many rules, actually. For instance, if you...

INNOVATION

Full List: Winners of the First Annual Edition of the Africa...

US based Pharmaceutical firm; Johnson & Johnson on Tuesday announced the winners of their first annual edition of the Africa Innovation Challenge 2017 at the Global...