Latest News for: Africa bank online

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Gangs of cybercriminals are expanding across Africa, investigators say

The Observer 27 Nov 2022
Interpol have described online scams such as banking and credit card fraud as the most prevalent and pressing cyberthreat in Africa. The Covid-19 pandemic led to a sustained increase in the volume of cyber-attacks, including more than twice as many targeting online banking platforms, analysts at the organisation have said.
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‘Hushpuppi’ gets prison term for money laundering conspiracy

The Grio 08 Nov 2022
YouTube – BBC News Africa). Prosecutors said Abbas and a Canadian man laundered money from various online crimes including bank cyberheists and business email compromise, or BEC, a prolific crime in which crooks hack into email accounts, pretend to be someone they’re not and fool victims into wiring money where it doesn’t belong.
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SA heads towards technical recession as load shedding takes toll

Independent online (SA) 01 Nov 2022
The impact of load shedding has forced Absa Bank to revise its third quarter gross domestic product (GDP) growth ... This was according to Peter Worthington, head of the bank’s South Africa macroeconomic research division, who spoke in an online “roundtable” presentation yesterday.
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‘Nigeria must enforce zero tolerance for corruption, provide basic amenities’

Business Day Online 26 Oct 2022
... online discussion that focused on regulation in banking and financial institution in Africa.
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South Africa Telecommunications Industry and Retail of Devices Market Report 2022 with Profiles of Vodacom, ...

Eagle-Tribune 20 Oct 2022
... A (Pty) LtdMIA South Africa (Pty) LtdMicrosoft (S A) (Pty) LtdMr Price Mobile (Pty) LtdMTN Group LtdSamsung Electronics South Africa (Pty) LtdStandard Bank of South Africa Ltd (The)Telkom SA SOC LtdVodacom Group LtdZA Online Store (Pty) LtdZTE Corporation South Africa (Pty) Ltd.
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Fintechs: Further innovation requires regulation

Independent online (SA) 19 Oct 2022
Demand for online shopping increased globally and in South Africa in the wake of Covid-19 ... Consequently, there is a significant need for regulation of fintechs in South Africa’s open banking sector, which remains unregulated ... It is not clear when we can expect to see regulation in South Africa relating to open banking.
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Banking crime stats data shows ATM attackers are opting for explosives as preferred weapon

Independent online (SA) 19 Oct 2022
At the same time the data showed that while banking on digital platforms such as apps, online and over the telephone, now exceeds all other transaction channels in South Africa, it is also the safest way to bank. The data showed that from 2020 to 2021, digital banking fraud incidents decreased by 18% overall, and Mewalall said.
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Standard Bank’s online banking platforms go down

Business Day 18 Oct 2022
The internet banking and business online platforms were “interrupted” this morning, Africa’s biggest lender by assets said in an emailed ...
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Standard Bank online banking working again after earlier failure

Business Day 18 Oct 2022
The lender’s internet banking and business online platforms were “interrupted” this morning, Africa’s biggest lender by assets said in ...
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Gitex Global ’22: Cloud computing and Metaverse is where UAE’s tech spending will be

Gulf News 09 Oct 2022
“There will be a lot of focus on online payment services across categories, opening up more chances for fintechs to secure key contracts, funding,” said an industry source ... * The online banking infrastructure is under-developed, especially in the Levant and North Africa, which also gives room for further digitization down the line.
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Commerzbank foresees difficult fourth quarter - intranet post

Reuters 30 Sep 2022
Africa, Middle East for energy ... Chief Executive Officer Manfred Knof told employees in the online interview that the bank was tweaking its international presence in North Africa and the Middle East "because the issue of energy procurement will take on a totally new significance".
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UAE one of the quickest economies to reach its pre-pandemic levels: World Bank regional director

Beijing News 28 Sep 2022
... Country Director of the GCC Countries, Middle East and North Africa at the World Bank ... According to the World Bank's recent GovTech Maturity Index, the UAE is one of the most mature countries in citizen-centric online public services in the Middle East and North Africa region.
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UAE one of the quickest economies to reach its pre-pandemic levels

Khaleejtimes 28 Sep 2022
... country director of the GCC Countries, Middle East and North Africa at the World Bank ... According to the World Bank’s recent GovTech Maturity Index, the UAE is one of the most mature countries in citizen-centric online public services in the Middle East and North Africa region.
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The next big thing in crypto? 3air connects billions with blockchain-powered internet platform

Cryptopolitan 12 Sep 2022
These problems are further exacerbated with the dismal state of Africa’s internet architecture ... Technology of this caliber is desperately needed in Sub-Saharan Africa ... With these internet services being provided across the continent, 3air aims to assist the unbanked population of Africa., whether online or on the ground.
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Global fintech market proves resilient, according to KPMG report

Independent online (SA) 07 Sep 2022
With respect to financial services as a whole, the largest city in South Africa is home to some of Africa’s leading banks and financial institutions, such as Standard Bank Group, FirstRand, Absa Group, Investec and Nedbank Group, deciphering it as a potential fintech magnet for Africa, it states.

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The Council of Ministers headed by Muhammad Shiaa Al-Sudani holds its first session on October 28, 2022
Creative Commons / Hasan mazin https://creativecommons.org/licenses/by-sa/4.0/deed.en
Police officers stand at the outer entrance of the Urumqi No. 3 Detention Center in Dabancheng in western China's Xinjiang Uyghur Autonomous Region on April 23, 2021
AP / Mark Schiefelbein
Presidential Administration of Iran building
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