Banking & Finance

Islamic banking set to grow in Africa

islamic bank africaIslamic banking assets are set to increase 10 per cent over the next five years in total African banking assets, according to Moody's

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Banque du Caire opens new representative office in UAE

ASH 7517 fin 2Banque du Caire (BDC) has launched its new representative office in the UAE, with an aim to strengthen its overseas presence

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Vista Bank selects Temenos to power its digital transformation across Africa

1V7A3650Vista Group has partnered with Temenos, the banking software company, to power its digital transformation journey

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Paxful and Bitmart form JV to help Africa’s unbanked population

africa unbankedPaxful, a peer-to-peer Bitcoin marketplace, has announced integration onto BitMart, global digital asset trading platform in the cryptocurrency market, aiming to increase liquidity and scalability

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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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