Comprising data scientists and mathematicians, the new team will be tasked with incorporating artificial intelligence into SmartStream’s solutions. 

As climate change analysis grows in importance, the data analytics startup has secured a CHF 1.7 million investment and appears well positioned for success. 

An important innovation in cross-border payments brought new transparency and real-time reference to transactions long overdue and much needed.   

Jacco De Jong and Sunil Senapati join the company at a time of expansion, with ever more global clients seeking to digitise their paper processes.

Banking the unbanked isn’t possible without the right underlying architecture. In a recent workshop, BankservAfrica highlighted how various African countries are redesigning their payments systems.  

Large technology companies are “well placed” to disrupt parts of banking in the long term, though lending and depository activities in the West look to be shielded for now, according to a report from S&P Global Ratings.

Vivo Energy has completed the largest African initial public offering in the UK in more than 10 years, with a source close to the trade telling EMEA Finance that long only investors picked up the lion’s share of the deal.

The Coral South Floating Liquefied Natural Gas (FLNG) project could have huge benefits for the troubled Mozambican economy, says Standard Bank, one of its lenders. 

As disruptive technology becomes more widespread, ever more Africans are embracing mobile banking services. According to Dr Edward George of Ecobank, we will soon reach a tipping point of mass adoption.  

Easy capital market funding for Turkey’s banks and companies both a boon and a worry. 

Al Rayan Bank hit a number of firsts in February to become the only bank outside of a Muslim majority country to print a public Sukuk backed by residential mortgages, and the bank’s treasurer tells EMEA Finance that the deal will hopefully encourage other Islamic banks to tap the market.  

As KYC requirements become more complex, many financial institutions are calling for specialist third parties to save the day.