Digital Dynamite: Lighting up African Trade

African trade stands on the cusp of a revolution. As a result of bank-led trade initiatives, regulatory standardisation, new technologies, and fintech partnerships, African trade is now becoming a focus for many global corporates. And for domestic entities, intra-African trade is opening up a host of growth opportunities. The combination of digitisation and Africa’s market […]

Shake Your Market Maker: Digital Disruption in the African FX Landscape

 Africa’s foreign exchange (FX) market may be fragmented, but it is also unencumbered by legacy trading infrastructure. It comes as no surprise, therefore, that the continent has become a hive of fintech activity and digital FX innovation. Tim Hutchinson, Head of Digital for Financial Markets, Standard Bank, explains the latest developments in this space and […]

Digitisation drives new culture in African banking

Culture and digital evolve eco-synergies in African banking

Standard Bank furthers its exploration in blockchain across Africa as it joins R3 network

Standard Bank has joined the powerful R3 network of over 75 global financial services players to enhance their exploration into blockchain solutions.

Standard Bank acquires Firepay, the team behind SnapScan

SnapScan is used by hundreds of thousands of customers, at a national network of more than 32 000 physical and online merchants.

Africa’s custodians actively developing domestic capital markets, report Standard Bank

Custodian banks of today in the African markets have evolved from being passive, reactive players in the market to proactive and driving forces in market changes.

Standard Bank report: Managing risk and driving trade will shape next chapter of the African growth story

Corporates remain ever-interested in high growth emerging markets. Currently a large number of the world’s high-growth emerging markets are in Africa.

Multinational companies are looking for market leading trade and supply chain efficiencies in Africa

There is still interest from multinational companies to expand into Africa due to the higher growth rates on offer than elsewhere in the world, but expectations around more sophisticated solutions are much higher than they were in the past.

Standard Bank launches new app for offshore customers

The app allows account holders to view balances and transaction history on a smartphone, and also make cross-currency payments between their Standard Bank accounts.

Standard Bank scoops 22 awards for its activities across Africa at SIBOS 2015

Standard Bank Group, Africa’s leading bank by assets, collected 22 awards in the EMEA Finance’s Treasury Services Awards and Global Finance’s World’s Best Bank Awards, both for 2015. The awards were presented at the Sibos conference in Singapore.

Standard Bank Offshore appoints new Chief Financial Officer

Standard Bank has appointed Jonathan Peake to the role of Chief Financial Officer with responsibility for the Finance and Treasury teams across the group’s offshore business in Jersey, Isle of Man and Mauritius.

Standard Bank plays key role in driving trade and supply chain finance efficiencies across Africa

Greater levels of trade will fuel Africa’s growth but companies need to be better positioned to seize the opportunities by improving their working capital management capabilities and access to finance to fund these opportunities, says Standard Bank.

$120bn trade finance gap is holding back African growth opportunities, cautions Standard Bank

According to the African Development Bank’s recent report on trade finance in Africa, the conservative estimate for the value of unmet demand for bank-intermediated trade finance is between US$110 billion and US $120 billion, which is significantly higher than earlier estimated figures of US$25 billion.