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Banking in a cashless society inspiring African solutions to African problems

An article by Nnamdi Oranye, a fintech author and the International Remittances Lead at Standard Bank Group. "African economies are well positioned to benefit from rapidly accelerating technological change if they can harness the current open landscape for innovation. East Africa is already a global leader in mobile payments, while mobile money accounts in sub-Saharan…

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FNB launches South Africa’s first biometric mini-ATM

FNB has become the first bank in South Africa to introduce a mini-ATM that uses biometrics as a means of validation for consumers. The ATM functions as a self-service kiosk from which customers can conduct transactional banking such as withdrawals, transfers and payments, view statements, purchase airtime and electricity and perform card cancellations. The device…

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