Finovifi, a provider of AI-powered fintech solutions for community banks, has acquired US-based Modern Banking Systems (MBS) for an undisclosed sum. Founded in 1964, MBS offers real-time core banking...
Safaricom and Kenyan commercial banks claim the Central Bank’s (CBK) plan to build a fast payment system (FPS) could cost at least $200 million (KES25.9 billion) and take up...
According to Enlace, a real estate tech company, the number of real estate transactions involving some form of cryptocurrency as payment has surged this year. The company found that...
Marian Amartey, Head, Business Enablement, Business and Commercial Banking at Stanbic Bank Ghana, has emphasized the bank’s commitment to driving growth for small and medium-sized enterprises (SMEs) through digital...
Banking-as-a-Service (BaaS) has been hyped up by fintechs and their investors looking for big valuations that last several years, and consultants continually predict ever-loftier figures for the total addressable...
Standard Chartered has announced its investment in United Fintech, a London-based neutral Digital Transformation platform which acquires and partners with FinTech companies in the capital markets space. The company...
As Brazil’s financial system modernizes, its data infrastructure is advancing too. Spurred by the popularity of the Central Bank’s PIX instant payment system, initiatives such as Open Finance are...
The House of Representatives passed a bill on Monday (July 22) that is designed to combat the use of financial technology for illicit finance. The Financial Technology Protection Act...
Long-term success frequently results from businesses being agile, and prepared, in the short-term. That’s why it is so heartening, Shaunt Sarkissian, founder and CEO of AI-ID, told PYMNTS for...
Finnovex North Africa‘s 22nd Edition is an unparalleled summit, driving transformative changes in the financial landscape. As the region’s financial sector experiences a significant shift, this event emerges as...