Latest press releases and industry updates in Fintech, BankingTech, PayTech, RegTech, WealthTech, LendTech and InsurTech.

FinTech

Organiser of Lagos Fintech Week Announces Names of Nigerian Fintech Awards Jury

Wednesday 13th, Feb 2019

Organiser of Lagos Fintech Week has announced names of the award jury who will oversee the screening and nomination of Nigerian Fintech Awards entry in sixteen categories, even as the awards will celebrate the achievements of dynamic people and businesses in the fintech sector.   ... Continue reading

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FinTech

Nigerian Fintech Awards: Meet the Eminent Jury

Wednesday 13th, Feb 2019

The organizing committee of the Lagos Fintech Week has selected the jury to select winners of all entries for the Nigerian Fintech Awards. Damilola Salawu... Continue reading

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FinTech

Nigerian FinTech Awards 2019 to Reward Innovation, Call for Entries

Thursday 24th, Jan 2019

Organiser of The Nigerian FinTech Awards,an integral part of the week long Lagos Fintech Week, will recognize and reward innovation in the use of information technology in the financial industry as well those who have contributed to its success. ... Continue reading

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FinTech

Fintech Budget-Friendly Press Release Distribution Platform from eMaginations Stable out

Monday 14th, Jan 2019

Nigeria’s leading technology public relations firm and publisher of Fintech Africa, eMaginations Comm, has unveiled a budget friendly press release distribution platform for Fintech firms in Africa.   The budget friendly press release distribution platform,&n... Continue reading

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FinTech

Mastercard Removes Name in Logo Makeover

Thursday 10th, Jan 2019

Mastercard has taken the bold step of removing its name from its logo in a step that it says is inspired by the rise of digital banking and a future where there will be less reliance on card payments. Chief marketing and communications officer Raja Rajamannar told the Wall Street Journal that the company underwent two years of research to ensure that its logo of two interlocking red and orange circles was familiar enough to consumers without words, thereby putting ... Continue reading

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FinTech

How Nigeria’s SystemSpecs Inked $93.7 million Deal with Sudan-based Trinity Technologies

Wednesday 09th, Jan 2019

The Managing Director of Afreximbank Intra African Trade, Mrs Kanayo Awani, has said Afreximbank facilitated the partnership between Nigeria’s SystemSpecs and Trinity Technologies of South Sudan in a deal worth $93.7 at the Intra-African Trade Fair 2018 in Cairo, Egypt. ... Continue reading

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LendTech

Osinbajo, Reason Traders will not Repay Trader Moni Loan

Monday 24th, Dec 2018

The petty traders and artisans would not repay TraderMoni loan because they would think that it is their own slice of the proverbial ‘national cake.” However, if the Bank of Industry [BoI], not the vice president Yemi Osinbajo, is the one sharing ... Continue reading

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FinTech

Why Kenya Selects Nigeria’s Reconciliation Solution

Tuesday 08th, Jan 2019

Dr. Yele Okeremi, the managing director and CEO of Precise Financial Systems [PFS], Nigeria’s leading fintech firm, has explained why Kenya through its Kenya Women Microfinance Bank [KWMB] has selected its automated accounts reconciliation solution, CLIREC, to address identified needs for a more efficient and effective accounts reconciliation practices across the institution. Dr. Okeremi said reason for the project was to deploy a reconciliation solution that would facilitate a reduction of the turn... Continue reading

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WealthTech

SEC to Set Up Regulatory Sandbox, Drives Innovations in Capital Market

Thursday 20th, Dec 2018

The Nigerian capital market regulator, Securities and Exchange Commission (SEC) is setting up a regulatory sandbox to offer a ‘safe space’ in which start-ups and other businesses can test innovative products ABUJA, NIGERIA, OCTOBER 20, 2018: The Nigerian capital market regulator, Securities and Exchange Commission (SEC) is setting up a regulatory sandbox to offer a ‘safe space’ in which start-ups and other businesses can test innovative products, services and business models. ... Continue reading

BankingTech

Temenos Establishes South African “Bank of the Future” Think-Tank to Address Challenges in FIs

Thursday 20th, Dec 2018

Temenos, the banking software company has launches of its South African “Bank of the Future” Think-Tank. The venture involves a quarterly gathering of some of the brightest minds in South African banking system.  JOHANESBURG, SOUTH AFRICA, OCTOBER 30, 2018: Temenos, the banking software company has announced the launch of its South African “Bank of the Future” Think-Tank. The venture, which involves a quarterly gathering of some of the brightest minds in South African banking aims to address domestic and global challenges and opportunities facing financial institutions in the country. ... Continue reading

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LendTech

Chamsaccess Inks Deal with First Access on Digital Credit

Friday 30th, Nov 2018

New York-based Fintech, First Access, is partnering ChamsAccess Limited, to deliver digitised and automated credit solutions to micro lenders in Nigeria  ... Continue reading

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PayTech

The Importance of Interoperability – The Evolution of Payments

Friday 30th, Nov 2018

This is the first of a three-part series on the importance of interoperability in the payments space. In this article we look at the early history of electronic payments and how interoperability played a key role in the success of credit cards and ATMs. In the next article we will take a closer look at the history of mobile money and how it might evolve in the future. Finally, we will ‘Make the Case for Interoperability’ and lay out some of the lessons learned, and how the mobile payments industry could apply them going forward.... Continue reading

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FinTech

SmartPesa Partners NetPlusDotCom to Open Payments Gateway in Nigeria

Friday 30th, Nov 2018

SmartPesa, a specialised payments and agency banking technology solutions provider based in Singapore, today announced its partnership with Nigerian e-commerce and e-payments company NetPlusDotCom to launch its cutting-edge payments gateway in Nigeria. SINGAPORE, OCTOBER 30,  2018... Continue reading

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InsurTech

South Africa's Insurers, Discovery Launches 'Behavioural Bank'

Monday 26th, Nov 2018

Financial services company, Discovery, today announced details of its new banking offering. JOHANNESBURG, SOUTH AFRICA, NOVEMBER 11, 2018:  Described as the world’s first behavioural bank, the fully digital bank leverages Discovery’s Shared-Value model, and can be joined from March 2019 by anyone with a smart phone.“Discovery Bank presents the latest manifestation of our core purpose of making people healthier and enhancing and protecting their lives. The banking system in South Africa is world class and our competitors are brilliant. We did, however, see a... Continue reading

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