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Tag: African bank

When Digital Payments FAIL : Disconnected World | Power Failure and Internet Outage | PART 2 (Mahesh Pawal)

The sound of thunder echoed through the small business as David frantically tried to process digital payments from his customers. He had always relied...

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Top movers review: Terra (LUNA), VeChain (VET) and Hedera Hashgraph

Enterprise-level adoptions and new partnerships continue to drive the price of Terra, VeChain and Hedera Hashgraph higher.

Standard Bank Group Partners with Hedera Hashgraph

Hedera, a public Hashgraph network and Governing Council, has partnered with Standard Bank Group, the largest African Bank in terms of assets, to bind the loose ends that exist in cross-border trade processes. The cross-border trades are still beset with lengthy settlement periods, asymmetry of relevant information between multiple parties involved in a transaction, which …

Bitcoin trader bankrupt after fleeing investors’ $13m bill

An alleged Bitcoin scammer has been declared bankrupt after failing to honor payments of R227 million (South African rand), worth roughly $13.3 million....

Former Crypto Firm CEO Willie Breedt Declared Bankrupt

Willie Breedt, the alleged bitcoin and cryptocurrency scammer, has been declared bankrupt, according to a report by News 24.Earlier it was reported...

Copied master key forces South African bank to replace 12 million cards

Fraudsters stole more than $3.2 million from the banking division of South Africa’s post office, after – in a catastrophic breach of security...

Cybersecurity Expert Reaction On Postbank Replaces 12 Million Bank Cards After Insider Theft

In response to news that South African bank Postbank was forced to replace 12-million bank cards after employees stole the ‘master key’ and...

Ecobank Group announces 2020 Edition of Fintech Challenge

Ecobank Fintech Challenge was designed in partnership with the advisory firm Konfidants and is supported by several partners across Africa and globally  Ecobank Group, the...

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