BOTTOMLINE | Payments from and to Namibia with Eswatini, Lesotho and South Africa will as of June take longer to process, be subject to new fees and will not be processed after 14h30 during weekdays. https://t.co/B9tIyw3qS8
The Bank of Namibia has published a Consultation Paper on Central Bank Digital Currencies (CBDCs) to demonstrate its commitment continued cooperation and dialogue with the industry, private sector innovators, the FinTech community, and other stakeholders in transforming the f
Not all fintech revenue streams are created equal.
Ranking the main revenue streams in order of easy (and safe) scalability:
1. SaaS
2. API sales
3. Transactions
4. Deposits (yield)
5. Lending
(chart below from Affirm Q2 '23 earnings, spotted by @mikulaja)
Open banking is also called API banking because it uses fintech APIs to connect banks, fintech, and third-party service providers to give them far richer data and greater functionality. The partnership between banks and FinTechs is a mutually beneficial one.
approaches taken in other jurisdictions in the adoption of Open Banking.
Click here to access the Position Paper on Open Banking: https://t.co/7EAlhFwcch”
#BankofNamibia
FinTech Survey
Bank of Namibia's Innovation Hub seeks a better understanding of the fintech players in the Namibian financial industry.
Click here to fill in the survey form: https://t.co/KRLe8FkHl2
Understanding E-Commerce and the treatment of FinTechs in the National Payment System
Whether you're a business or an individual consumer, there is no escaping the e-commerce space.
Understanding E-Commerce and the treatment of FinTechs in the National Payment System
In response to the accelerated pace of financial services innovations, the Bank of Namibia adjusted its regulatory approach to be more flexible, and to inspire innovation and creativity.
Knowledge is power and #financial institutions own transactional information to identify and even predict #spending behaviour patterns, #fraudulent activity, or develop improved services and products.
Read more from Pablo Reyes, Director of Technology, @Strands
Tiana, @minnatech discusses the power of data & how to improve #financial wellness👩💻
‘It’s frustrating to see an organisation that has #data at its finger tips but doesn’t understand how to connect them in a way that is tangible to #business outcomes’
@vcita@Klarna@InnFin