Latest news with #DigitalFinanceAfrica
The Sun
2 days ago
- Business
- The Sun
5th Digital Finance Africa hosted by IT News Africa set for 3 July 2025
JOHANNESBURG, SOUTH AFRICA - Media OutReach Newswire - 10 June 2025 - Africa is undergoing a profound financial transformation driven by rapid technological advancements, with fintech and cross-border payments leading the charge. The continent's cross-border payments market is projected to grow from $329 billion in 2025 to $1 trillion by 2035, fueled by fintech innovation and intra-African trade. This growth enhances financial inclusion, connecting millions to financial services via mobile money, which Africa leads globally. However, this digital surge heightens cybersecurity risks, with rising cyberattacks necessitating robust fraud prevention. Fintechs must prioritize compliance, identity verification, and advanced technologies like AI to safeguard sensitive data. AI is revolutionizing African banking by automating fraud detection, enhancing regulatory compliance, and improving risk assessment, enabling more efficient and secure financial systems. IT News Africa's Digital Finance Africa 2025, set for July 3, 2025, at The Maslow Hotel in Sandton, Johannesburg, will convene industry leaders to explore these trends. This premier summit will foster collaboration in fintech, AI, regulation, and cybersecurity, shaping a secure and inclusive financial future for Africa. Join the conversation to drive innovation and trust in Africa's dynamic financial landscape. Themed ' Safeguarding Innovation: Advancing Secure, inclusive Finance in Africa,', DFA2025 will explore technology's transformative power in driving secure financial inclusion and economic development. Digital Finance Africa attendees can look forward to a day full of insightful discussions, networking opportunities, and exposure to cutting-edge solutions shaping Africa's FinTech and banking sectors. Key Topics and Discussions The summit's agenda is designed to address the most pressing challenges and opportunities in the digital finance sector, including • Navigating cybersecurity risks in digital finance • Emerging payment technologies are revolutionizing the industry • Overcoming capital constraints and funding growth in African fintech • Implementing AI in banking while ensuring innovation and compliance • Leveraging cloud infrastructure as the backbone of modern banking These topics aim to provide attendees with actionable insights and strategies to drive innovation and resilience in their respective organizations. Benefits of Attending: Digital Finance Africa 2025 offers a unique platform for: 1. Engaging with over 300 executives, founders, and solution providers in the finance sector 2. Gaining insights from fintech thought leaders and industry analysts 3. Exploring the latest technologies and solutions in digital finance 4. Networking with peers and potential partners to foster collaboration and growth Sponsorship & exhibiting opportunities are available for organizations looking to promote their products or services, with extensive pre-event and on-site publicity.
Yahoo
04-06-2025
- Business
- Yahoo
This Week In Digital Payment - Africa's Fintech Surge Fuels Financial Inclusion Growth
Africa is experiencing a significant shift in its financial landscape, propelled by fintech innovation and the expansion of cross-border digital payments. As cross-border payment systems on the continent are expected to escalate from $329 billion in 2025 to $1 trillion by 2035, this growth is linking millions through mobile money solutions and bolstering financial inclusion. However, the digital payment boom brings increased cybersecurity challenges, emphasizing the need for fintechs to adopt advanced AI technologies for fraud detection and enhanced data security. The upcoming Digital Finance Africa 2025 conference in Johannesburg will bring together industry leaders to explore these developments, focusing on secure, inclusive financial solutions. In other market news, was a notable mover up 4.6% and finishing the session at ₹101.27. At the same time, lagged, down 4.9% to end the day at MX$48.61. Visa's rapid growth fueled by tokenization and international expansion presents significant opportunities especially given its innovations in stablecoin. Click to explore the full narrative on Visa's strategic initiatives and potential. Don't miss our Market Insights article discussing how innovation disrupts sectors like digital payments, offering opportunities in a stagnant economy. closed at $13.30 up 1%. closed at $365.19 up 0.8%, near its 52-week high. finished trading at $70.28 down 0.9%. Dive into all 200 of the Digital Payment Stocks we have identified, like Taiwan Cooperative Financial Holding, Powszechna Kasa Oszczednosci Bank Polski Spólka Akcyjna and Hana Financial Group, right here. Ready To Venture Into Other Investment Styles? AI is about to change healthcare. These 23 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10b in market cap - there's still time to get in early. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sources: Simply Wall St "Johannesburg Gets Ready for Digital Finance Africa 2025" from African Technology Advisory (Pty) Ltd. (IT News Africa) on GlobeNewswire (published 28 May 2025) Companies discussed in this article include NSEI:IDBI NasdaqGS:SOFI NYSE:V NasdaqGS:PYPL and BMV:GFINBUR O. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
