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Tanzania Postal Bank Posts 606m/- Profit

The Tanzania Postal Bank (TPB) net income for the quarter ending December last year increased to 606m/-, up from 579m/- registered in similar period a year before. Cumulatively, the Bank profit Read More →

Nedbank Unveils Africa’s First 100% Renewable Energy Powered Bank Branch

Nedbank Group unveiled Africa’s first ever banking branch that fully offsets its energy usage through renewable energy sources. The Lansdowne Corner branch situated in Cape Town utilises an innovative hybrid power Read More →

eWAY and Xero Lauch Integrated Online Invoicing and Payment Service

Global payment gateway eWay and Xero, online accounting software for small businesses and their advisors, have launched a new payment service for Xero’s online invoicing solution called Pay Now that is Read More →

Wincor Nixdorf Opens Office in Nigeria to Exploit ATM Growth Opportunity

Wincor Nixdorf is opening a new representative office in Lagos, the largest city in the western African country of Nigeria. The company is extending its involvement in Nigeria as part Read More →

Boost to Nigerian Payments System as MasterCard Powers Identity Card Program for 13m

The Nigerian National Identity Management Commission (NIMC) and MasterCard today announced at the World Economic Forum on Africa the roll-out of 13 million MasterCard-branded National Identity Smart Cards with electronic Read More →

Identive Ships 1 Million NFC Tags for African Banking and Payment Program

Identive Group, Inc., a provider of solutions and services for the identification, security and RFID industries, announced that it has received orders for one million NFC TOM™ (Tag on Metal) Read More →

First Data Names New Chief Executive Officer

The Board of Directors of First Data Corporation, a global leader in electronic commerce and payment processing, announced that Frank Bisignano has been named chief executive officer (CEO), effective April Read More →

Google Teams Up with Equity Bank to Launch Travel Payment Card: BebaPay

Google has teamed up with Equity Bank, the largest bank in East Africa, to launch BebaPay, a payment card that makes it easier and more convenient to pay for bus Read More →

I&M Bank partners with MasterCard to launch Kenya’s first multi-currency Prepaid card

I&M Bank has announced a partnership with MasterCard that will see the introduction of the first ever MasterCard branded multi-currency Prepaid travel cards in Sub-Saharan Africa. The I&M MasterCard multi-currency Prepaid Read More →

FNB Enables Money Transfer to Zimbabwe through Cellphone Banking

FNB has launched a service for FNB customers in SA to send money to residents in Zimbabwe using its Cellphone Banking channel. "FNB's Zimbabwe Money Transfer service is more convenient and Read More →
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