FirstRand Group has committed R4.7-billion to acquire a 20.1% stake in AI-powered fintech company Optasia, ahead of the firm’s planned…
Browsing: Finance & Banking
Money moves faster with AI. From mobile banking to fraud-busting tools, we unpack innovations that bring financial access to all. Sophisticated yet approachable, with a nod to Africa’s unique financial vibe.
Fintech leaders Mukuru and JUMO have joined forces to launch Fast Loan, an AI-powered, mobile-first credit solution designed to help…
Financial services group Sanlam has introduced Coach, an AI-powered personal finance guide designed to help South Africans better understand their…
Pan-African payment gateway Peach Payments has introduced an AI-powered avatar to help merchants navigate the Online Retail in South Africa…
South Africa is facing a sharp rise in AI-powered fraud schemes, even as overall financial crime losses declined by 18%…
The National Bank of Ethiopia (NBE) has started using artificial intelligence tools to detect suspicious transactions and combat financial fraud,…
Mozambique has announced an ambitious tax transformation strategy that places artificial intelligence at the center of its revenue collection efforts…
Mastercard has released a new whitepaper urging coordinated investment and responsible deployment of artificial intelligence (AI) in Africa, projecting that…
The Pan-African Payment and Settlement System (PAPSS) has taken a major step forward by integrating with United Bank for Africa’s…
East African banks are increasingly adopting artificial intelligence to combat surging fraud and money laundering in their rapidly digitalizing markets.…