Ethiopia’s parliament has passed a legislation that allows foreign banks to operate in Africa, as part of its efforts to attract more overseas investment. Following this announcement, Ethiopia’s parliament
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Euronet and Fintech Galaxy Join Forces to Drive Financial Inclusion Financial technology leaders Euronet (NASDAQ: EEFT) and Fintech Galaxy announced a groundbreaking partnership focused on revolutionising payment processes in
Nigerian open banking platform Mono has joined forces with global payments giant Mastercard in a strategic partnership designed to revolutionise digital payments across the country. This collaboration integrates Mono’s
Saxo Bank and Mastercard have joined forces to integrate open banking payments into Saxo Bank’s investment platforms. This collaboration simplifies the process of depositing money into investment accounts by
Innovations in the digital information technology industry have taken a swift direction. These innovations are opening up opportunities geared towards improving economies and alleviating various hurdles encountered by digital
Open Banking is a financial system in which banks and other financial institutions make certain data about customers’ financial transactions and account information available to authorised third parties using
Capitec has teamed up with Ozow, a payment solution provider, to launch a new payment solution that has the potential to revolutionise the banking industry in South Africa. With
The embedded finance market is expected to grow to tenfold its 2020-value by 2025 – just three years from now. The term has been generating buzz and changing the
The popularity of API banking systems is driving more and more innovation, particularly among fintechs. Major players want APIs to be successful in this space. Banks are accelerating the
In Europe, the Open Banking concept aims to foster a more dynamic and customer-centric financial market. Using secure application programming interface (API) integration with banking systems and mutually agreed
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