Grey, a FinTech started to simplify sending and receiving foreign payments for Africans, has raised US$2 million in seed funding. The service offered by Grey enables its customers to have virtual international bank accounts for free and enjoy a seamless...

Welcome to GITEX GLOBAL. As the year started with the global tech rout, on-going inflationary concerns and the recent rebound, yet the tech industry is teeming with great optimism and opportunities at GITEX GLOBAL, as it gets ready to kick off its record...

PalmPay, a FinTech innovator aiming to make digital payment more accessible and flexible, has announced that it has reached 10 million users in Nigeria. This represents a doubling in its user base within just six months and puts its customer numbers in the...

As businesses in the UAE double down on mobile apps in a bid to increase customer engagement and spending, they are seeing highly positive results for their efforts with the overall number of installs of mobile apps in the country growing 23% in H1 2022,...

Infosys Finacle, part of EdgeVerve Systems – a wholly-owned subsidiary of Infosys – and Suryoday Small Finance Bank (SSFB) have announced the successful implementation of the Finacle Core Banking Platform and Finacle Treasury...

According to data from Finnovista, Colombia is the third largest ecosystem of FinTechs in the region, behind only Mexico and Brazil. The increase in FinTechs of different verticals is due, among other reasons, to the good numbers presented by the Colombian...

We have seen the current crisis grow in stages. It started with the pandemic, followed by the shortage of chips for all kinds of machinery and equipment, and it grew with the container crisis and the global supply chain. In addition, the hydrocarbon, fuel...

Temenos has announced that Bank of Queensland (BOQ) has gone live with retail banking services on Temenos Banking Cloud for customers served under the BOQ and Virgin Money brands. Work has commenced on the migration of BOQ’s ME brand to Temenos...

Konesh Soluciones is an Authorised Certification Provider based in Mexico. To comply with Mexico’s tax regulations, the company relies on Rackspace Technology’s robust dedicated infrastructure. We find out more about Konesh’s deployment of...

North International Bank (NIBank) has gone live with Temenos to digitally transform its retail banking and private wealth business lines. The Temenos Banking Cloud supports daily transactions, wealth management and lending. Based in Antigua and Barbuda,...

A study from Telefónica Tech, which gathered responses from a total of 810 IT professionals in Spain, Brazil, Germany, the UK and the Republic of Ireland, finds 60% of the IT professionals surveyed recognize that after the pandemic their company is...

The African Development Bank has approved the creation of a virtual academy to build public financial management capacity in African countries. Countries will receive technical assistance through structured, targeted, dedicated and local training as well as...