The first Angolan digital banking platform DUbank, is set to be inaugurated at the beginning of 2020 with an initial investment valued at $12 million. Sérgio Hirose, Executive Director at DUbank, claimed that all the legal requirements stipulated by the National Bank of Angola have already been fulfilled. The only item remaining was the endorsement […]
FinTech
In the recent years, money and our perception of it, has evolved significantly. The rapid advancements in technology has influenced and diversified the form and nature of money used for exchange purposes: from coins to paper to bank-accounts to e-wallets and cryptocurrency, money no longer has a single, identifiable image. Based on how fast the […]
Recently, it seems that the global community has jumped aboard the digital currency bandwagon with China’s exploration of a digital yuan, to Facebook’s Libra. Now, Japan are working on a proposal for the county, to issue its own digital currency – the digital yen. This is said to be a joint initiative between the government and […]
Another Operator has launched a direct mobile digital banking scheme in Puerto Rico. T-Mobile MONEY is a free, interest making mobile checking account that anyone can open and control straight from their smartphone. T-Mobile MONEY lets customers earn a massive 4.00% annually on balances up to $3,000. This is 80 times higher than the standard […]
The contribution of the mobile economy in the Middle East and North Africa (MENA) region, is expected to reach just over 220 billion USD by 2023, as countries increasingly benefit from the improvements in both productivity and efficiency, as a result of increased utilisation and take-up of mobile services. Last year, mobile communication technologies and […]
With the rise and expansion of 5G, Big Data, IOT and FinTech, 2020 has been dubbed the year: The operator strikes back! Having seen a decline in revenue since the emergence of OTT messaging and calls, new technologies are now allowing operators to reclaim their territory in the rapidly developing world of tech. Inside telecom […]
Financial Technology or better known as Fintech is currently the description of a business that aims to provide financial services by making use of modern technology tools such as mobile payments. It is a multibillion-dollar industry changing every financial aspect of our life. Indeed, you can now open a bank account over the internet, without […]