Egypt’s MIDBANK picks Temenos for digital banking revamp
Temenos’ Transact and Infinity products will replace the bank’s legacy systems.
Temenos’ Transact and Infinity products will replace the bank’s legacy systems.
Bank says the pandemic has caused a shift to digital payments across Africa.
Central bank claims CBDC will boost financial inclusion in the continent’s most populous nation.
Finnovex West Africa takes place virtually between 26-27 October 2021.
Investment and connectivity have created “vast opportunities”, says Sim Tshabalala.
Founded in 2020, the firm is still at the waiting list stage.
Bank ABC operates across the Middle East, North Africa, Europe, the Americas and Asia.
The lender is replacing existing Finastra systems with Oracle across multiple countries.
Flutterwave has integrated Currencycloud’s API to expand its payments network.
New raise will go towards product expansion in its sole Egyptian market.
The fintech start-up says it wants to “bring digital finance to everyone in Africa”.
The Egyptian digital platform connects merchants and users who are typically excluded from financial institutions.
The Barbadian fintech says digitising the Naira will benefit the entire Nigerian financial ecosystem.
The Nigerian start-up says the new investment takes its valuation up to $2 billion.
The bank will utilise Path Solutions’ iMAL core banking platform.
The payroll company is looking to launch a new digital banking platform in the country.
Central bank picks a range of systems from digital banking to treasury and credit facilities.
Kuda lands valuation of $500 million, and total raised of $91m.
QIA gains a minority stake in African mobile payments firm.
This year’s theme was “Adapting Reinvention to a Rapidly Changed World”.
Addis International Bank, Arab Commercial Bank, and OmniBSIC Bank are the new Flexcube takers.
The firm is now targeting expansion across Africa and the Middle East.
Sandro Bucchianeri announced his departure from Absa at the start of the month.
The central bank ordered the cessation of cryptocurrency exchange services in February.
The past year has seen a clear trend towards the adoption and acceleration of digital banking products.
The event, being organised by Exibex, will be held virtually.
The partnership will enable cashless payments in the country.
The South African banking group is also looking for a new CIO.
The start-up plans to “double down on growth in Nigeria and India”.
The Dutch fintech will act as the core strategic partner for the bank’s digital operations.
The UK fintech is looking to accelerate its global expansion.
ZamZam Bank has selected Flexcube to run its core banking ops.
The South African bank renews a 30-year deal with the US tech giant.
Telkom Pay users can now use WhatsApp to pay any merchant that accepts Mastercard.
Commercial bank to deploy its new platform on the cloud.
Africa-focused P2P firm claims to be the continent’s most valuable start-up
Demery takes over fintech partnerships in Europe, the Middle East and Africa.
Singaporean cross-border payments firm has raised $130m in total.
“We see this super-app as a precursor to M-Pesa’s evolution,” says CEO.
A wider partnership with Amazon “is important”, says CEO.