South Africa
South Africa to Tighten Cryptocurrency Regulations with New ‘Travel Rule’
Sumsub urges South African firms involved in crypto transactions to seriously consider Travel Rule requirements Cryptocurrency services may soon find themselves facing increased ...
News
South Africa’s Telecommunications Sector at a Pivotal Juncture
South Africa’s telecommunications industry is currently at a critical juncture, faced with the dual task of driving progress while navigating persistent challenges. The ...
Regulatory
South Africa to Probe Microsoft Over Cloud Computing Licensing Practices, Source Reveals
A South African antitrust agency is gearing up to launch an investigation into Microsoft regarding its cloud computing licensing practices, as disclosed by ...
News
South Africa Emerges as Fintech Revenue Leader in Africa
According to a report published by Research and Markets, South Africa has emerged as a frontrunner in fintech revenue generation, accounting for approximately ...
News
SA: FNB Pay and Masterpass Lead Mobile Payments Landscape in South Africa
According to a recent survey conducted by Statista’s Consumer Insights, FNB Pay and Mastercard Click to Pay (Masterpass) have emerged as the most ...
South Africa
South African BNPL Startup Float Secures $11 Million Funding to Launch Card-Linked Instalment Platform
Float, a South African startup specializing in buy-now-pay-later (BNPL) services, has successfully secured $11 million in funding from Standard Bank. The funding will ...
Regulatory
South Africa’s Ambitious COFI Bill Set to Revolutionize Fintech Industry
The South African government has unveiled plans to introduce the Conduct of Financial Institutions (COFI) Bill, marking a significant step toward reforming and ...
News
South Africa: XS.com Expands African Presence with Acquisition of South African License
XS.com, a leading FinTech and financial services provider, has announced its strategic foray into the burgeoning African market with the acquisition of a ...
News
South Africa: Fed Governor Discusses Necessity of Cross-Border Payment Frictions
Federal Reserve Governor Michelle Bowman addressed the complexities surrounding cross-border payments during her speech at the BCBS-FSI High-Level Meeting for Africa in Cape ...
News
South Africa: Future DX Team Clinches MTN Business App of the Year with Innovative Learning Platform
In a triumphant victory, the Future DX team from Mafikeng, North West, secured the top spot in the Hackathon category of the 2023 ...