Equity Bank Posts Outstanding Performance

Equity Bank Tanzania has posted net profit of 5.03bn/- in the year ended September 2015 compared to 1.52bn/- registered in the previous year. Also; the bank posted 1.14bn/- profit in Read More →

Co-op Bank Partners with SimbaPay for Diaspora Remittances

The Co-operative Bank of Kenya has partnered with SimbaPay, a digital money transfer provider, to offer international money transfer services to the bank’s customers in the Diaspora. Co-operative Bank accounts Read More →

CRDB Bank Makes Splendid Performance

CRDB Bank posted a net profit of 38.57bn/- from its operations during the third quarter (July-September) of this year, up from 31.25bn/- recorded at the same period last year. The bank Read More →

Safaricom Introduces ‘Hakikisha’ Feature to Secure M-Pesa Transactions

Safaricom has introduced a new enhancement to M-PESA that will enable customers confirm the name of the intended recipient of funds, before completing an M-PESA transaction. ‘Hakikisha’ which has been under Read More →

How Kenyan Banks Lost to Mpesa

Mpesa, a wildly successful payment platform contractually licensed to Safaricom, has prospered at the expense of what would have been banking services. Kenya’s banks have taken a back seat as Read More →

Beyonic Announces Partnership with Mobile Accord to Expand Further into Africa

Beyonic, a technology company that aims to eliminate the rampant use of cash in emerging markets, is announcing a partnership with Mobile Accord that will make Beyonic the largest Read More →

CRDB Bank Launches Customer Service Week

CRDB Bank has launched customer service week, a special period of year for the bank to meet and get feedback from its customers. During the event, CRDB Bank donated and Read More →

Kenya Commercial Bank and Planet Payment Announce Multi-Currency Processing Agreement

Kenya Commercial Bank (KCB), Eastern Africa’s oldest and largest commercial bank, and Planet Payment, Inc., a leading provider of international and multi-currency transaction services, announced an agreement to launch Pay Read More →

Stanbic Relaunches Revamped Mbeya Branch

Stanbic Bank Tanzania has relaunched its revamped branch in Mbeya in line with its mission to offer better services to its customers. “We are pleased to relaunch a revamped branch Read More →

EMP Processes GTBank Debit and Credit Cards in Kenya

Emerging Markets Payments (EMP), the leading electronic payments processing company in Africa and the Middle East, and Guaranty Trust Bank (GTB) announced a processing partnership for debit and credit cards Read More →
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