Banking & Finance

Standard Bank builds international payments blockchain

Richard de Roos Standard BankStandard Bank’s hyperledger fabric-hosted foreign exchange payments and settlement system is expected to go live in the first half of 2019, aiming to significantly increase the international trades and speed up foreign exchange payments, according to Richard de Roos, head of foreign exchange for Standard Bank Group

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Al Rajhi Bank selects Temenos to bolster lending system

al rajhi lendingAl Rajhi Bank, one of the leading banks in Saudi Arabia, has selected Temenos to power its digital transformation journey and enhance its Islamic lending and financing product capabilities

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Standard Chartered launches digitally-led retail banks in Africa

2551Standard Chartered has announced the launch of its digitally-led retail banks in Tanzania and Ghana, with Kenya’s rollout scheduled to occur very soon

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Standard Chartered launches second wave of digital retail banks

6231374933 5102448cb7 zStandard Chartered has announced the start of the second phase of its digital retail bank across Africa, aimed at driving digital adoption among new and existing customers focusing on young digital natives

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AfDB to launch 2019 African Economic Outlook

16178168010 58b75cb6cc zThe African Development Bank (AfDB) announced in a statement that it will launch its 2019 African Economic Outlook (AEO) flagship report on Thursday, 17 January 2019, at its headquarters in Abidjan

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