Author: Thurgood Mashiane
Alternative Data, Instant Decisions: The New Era of Subprime Lending In South Africa, millions of working adults remain “underbanked” or carry subprime credit scores, making access to affordable credit an uphill battle. Traditional banks and finance houses often rely on rigid credit‐scoring models, lengthy paperwork and in‑branch visits—all of which exclude those without a robust formal credit history or easy access to physical branches. Yet the need for emergency funds, school fees, medical bills or even capital for small business ventures persists. Enter a new generation of fintech innovators who are leveraging data science, cloud computing and seamless digital…
Mastering the Economic Calendar: A Key Advantage for Forex Traders In the dynamic world of forex trading, timing plays a crucial role. While charts and indicators are important tools, successful traders also rely on the economic calendar to anticipate upcoming market shifts. This guide will walk you through what an economic calendar is, how to interpret it, and how to use it to strengthen your trading decisions. In fact, staying current with real-time data is now easier than ever thanks to tools like Bloomberg’s new global economic indicators dashboard, launched in April 2025. It highlights 12 essential metrics that can…
Businesses and consumers alike are increasingly adopting virtual cards due to their convenience, enhanced security features, and seamless integration with digital payment systems. Behind this trend are specific reasons: the rise in dollar expenditures, the shift to digital services, and the demand for transparent cost control. In 2025, virtual dollar cards have ceased to be a niche solution. They are now used for purchasing traffic, SaaS subscriptions, international transfers, and managing team budgets. Banking infrastructure does not provide the necessary flexibility. Users face blockages, hidden fees, and restrictions on foreign payments. As a result, companies are turning to fintech services…
The evolution of global finance is accelerating at an unprecedented pace, creating new opportunities to address financial disparities and underserved markets. Historically, traditional banking systems excluded vast segments of society, limiting access to essential financial tools. However, fintech innovations, alternative lending models, and embedded finance solutions are now bridging these gaps, fostering a more inclusive and equitable economic landscape. “Financial inclusion isn’t just about equity—it’s about unlocking untapped economic potential and building stronger communities,” says Lechi Zhang, a fintech expert. The Underserved: A Global Perspective According to a World Bank report, 1.4 billion adults worldwide remain unbanked, primarily due to…
Investing in real estate can be a complex venture, especially when it comes to managing finances and ensuring profitability. Skilled professionals such as Certified Public Accountants (CPAs) who specialize in real estate can make a significant difference in an investment portfolio’s success. They not only help in maintaining sound financial practices but also in strategically navigating the intricacies of property investment to maximize returns. Engaging the services of a real estate CPA provides crucial leverage in a competitive market. Below are the key benefits investors can reap from the expertise of these financial advisers. Navigating Complex Tax Regulations With a…
Betting on Virtual Sports with 1xBet: How It Works As the gaming sector grows and develops, bookmakers are constantly coming up with new ideas to meet the demands of punters. One new fad we’ve seen in recent times is virtual sports. So it’s not a surprise that 1xBet, a Cyprus-headquartered company with presence all over the world, has made a lot of virtual sports offers for its customers. In this article, we’ll walk you through all you need to know about virtual sports betting and algorithm steps 1xBet has to offer. Keep reading. Virtual Sports Betting at 1xBet First, what…
The most up-to-date online casino news feed for the UK continues to bring the latest updates in the online casino world right to your digital devices. The industry experts at the Daily Star pride themselves on keeping up with a rapidly evolving industry to ensure that online casino enthusiasts and Daily Star followers are the first to hear about a new game to hit the online platforms in the UK, the latest bonuses available, the pitfalls of certain online casinos, and how to get the most out of your online casino experience, as well as some other online entertainment. Daily…
In the world of fintech, resilience and adaptability are paramount. Few stories embody this better than Wonga South Africa’s transformation under the leadership of Brett, its CEO. In a candid conversation, Brett sheds light on the company’s journey, from its global origins to the local strategies that have redefined short-term credit in South Africa. Here’s a closer look at their approach, challenges, and future aspirations. Origin Story Wonga South Africa began operations in 2012, a branch of the global Wonga Group. Initially, its UK-based parent company was a pioneer in fintech, offering payday loans through innovative digital platforms. However, controversies…
The financial scene of South Africa is changing significantly as digital transactions take front stage in economic activity. As customers and businesses move away from cash-based transactions, demand for rapid, secure, and efficient payments has increased. Several elements have driven this change, including better internet penetration, fintech innovation, and mobile banking solution recognition. The emergence of real-time payment systems allowing instantaneous transactions is one of the primary drivers of this transformation. Whether they are receiving salaries, withdrawing money from online platforms, or making purchases, South African customers nowadays want immediate access to their funds. This expectation has spread to other…
Shenzhen, known as the “Capital of Technology” and the “City of the Future”, stands as a global innovation powerhouse driving the future of tech. Home to world-renowned tech giants such as Tencent, Huawei, and DJI, Shenzhen has cemented its position as a hub for cutting-edge industries. The city thrives in areas like artificial intelligence, big data, cloud computing, and the low-altitude economy, while also hosting prestigious universities and leading research institutions. As an international coastal metropolis, Shenzhen is celebrated for its openness, inclusivity, green ecological initiatives, and high quality of life. If you’re looking to establish a technology business, transform…