Banking & Finance

African bank foils sophisticated cyberattack, North Korea implicated

baracThe UK cybersecurity specialist Barac has unveiled details of how, in May 2019, it identified a sophisticated cyberattack targeting a major African-headquartered financial institution

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DPO Group acquires PayFast in a deal for African online payments sector

stock 624712 640DPO Group, African payment service provider (PSP), has announced its acquisition of PayFast, one of the largest payment processors in South Africa

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Banque du Caire goes live with Temenos for better digital customer experience

AdobeStock 192877913Banque du Caire has gone live with Temenos Infinity, the digital banking product to transform the bank’s multiple banking channels into a fast customer journey

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Shelter Afrique resumes underwriting of new businesses

Shelter Afrique MDPan-African housing financier Shelter Afrique has reached an agreement with the lenders that the company was ready to resume new business

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PayU launches digital payment operations in Kenya

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PayU has launched a robust payment service for the East Africa region, to accelerate the region's digital payment market

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