But Africa remains the most concerned region about consumer protection and cybersecurity risks | THE INDEPENDENT | Accountants now need to take advantage of the possibilities that come with FinTech given that the latter provides products that are solving actual problems, according to the Bank of Uganda Deputy Governor Michael …
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Cellulant processes $300,000 worth of payments daily in Uganda and facilitates $1b in transaction volume every month across different payment channels in Africa. Kampala, Uganda | THE INDEPENDENT | Cellulant, Africa’s leading payments company, won the Award for Excellence in Embedded Fintech at the 7th edition of the Africa Fintech …
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BUSINESS FEATURE | THE INDEPENDENT | It’s been thirteen years since the Ugandan payments landscape was disrupted by the First mobile money system. In 2009, MTN Uganda introduced the first mobile money transaction service and today, the sector has grown to more than 170 private players consisting of mobile …
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Kampala, Uganda | THE INDEPENDENT | The Bank of Uganda will keep reviewing the operating conditions of the financial technology companies-Fintech, which have termed the recently introduced regulations for the sector as unfavourable. Fintech is the technology and innovation that aims to compete with traditional financial methods in the delivery of …
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Kampala, Uganda | THE INDEPENDENT | Uganda’s fintech community is confident regulation will act as a pedestal for the industry’s future growth. Speaking ahead of FITSPA’s 3rd Annual Fintech Conference due September 8, Chairman of FITSPA and Country General Manager of Interswitch EA Uganda LTD Peter Kawumi said the association provides …
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Ham Serunjogi’s Chipper Cash targets expansion across Africa | THE INDEPENDENT | African fintech startup Chipper Cash is once again in the money markets news; this time for securing a US$30 million Series B funding round led by Ribbit Capital with participation of Bezos Expeditions — the personal venture capital …
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Kampala, Uganda | THE INDEPENDENT | Finance experts have called for the harmonization of the regulations for the financial technology companies or fintechs. The experts argue that there are currently too many regulators that govern the industry, limiting its growth. Fintech refers to the integration of technology to allow companies provide …
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Innovate or wear your noose Kampala, Uganda | Michela Jjingo | Before 1990, working in the bank used be a nightmare! Even when they were opening at 9am and closing at 12pm, due to the manual processes, ledger cards, pass books and others, staff were going home at about 7pm. …
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As Africa heads towards recession, it’s not easy to know where to invest. Akinyi Ochieng and Isaac Kwaku Fokuo, Jr. highlight three areas that are likely to fare better during the downturn Back in January, Africa’s economic outlook for the year was bright. African Development Bank projections predicted 3.9% growth in 2020 and …
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Kampala, Uganda | THE INDEPENDENT | The government is mooting to regulate electronic payment services and products offered mainly under new Financial Technologies also referred to as Fintech. Fintech refers to the integration of technology to allow companies provide digital financial solutions that ease transactions with just a tap of …
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