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South African Development Community Payments System Goes Live

On Sunday 21 July, the SADC (South African Development Community) Integrated Regional Electronic Settlement System (SIRESS) was successfully implemented in a live environment for the four countries of the Common Monetary Read More →

Airtel Partners with Equity Bank and First Bank for Mobile Payments

Airtel Networks limited has entered into a partnership with Equity Bank in Kenya and First Bank of Nigeria that will offer comprehensive mobile commerce solutions to their customers in Kenya Read More →

Capitec, FNB and Nedbank Bank Accounts Most Popular with South African Consumers

In recent ThinkMoney research, Capitec, FNB and Nedbank were revealed as the leading consumer bank accounts in South Africa. This was according to nearly 7 000 bank account reviews written Read More →

Paynet Partners with MasterCard to Drive Local Migration to EMV Cards

MasterCard has signed a deal with regional card processor Paynet Group to partner in a local initiative geared towards encouraging the switch from magnetic strip to EMV cards. Dubbed “The Great Migration Read More →

Metbank and MasterCard Launch Zimbabwe’s First EMV Payment Cards

Metbank announced at an event held in Harare, that it has collaborated with global payments technology company MasterCard, to introduce Zimbabwe’s first EMV certified debit cards. Metbank will introduce Gold and Standard MasterCard Read More →

FirstBank signs fraud prevention agreement with Clydestone

In its bid to ensure safety of customer deposits and security in Internet banking, First Bank of Nigeria Limited has signed a G-secure Authentication Platform agreement with Clydestone Nigeria Limited Read More →

UBA commissions state-of-the-art security operations centre

United Bank for Africa (UBA) Plc has taken a major step to secure all electronic banking transactions in the bank and protect its customers against cyber crimes and other forms Read More →

FirstBank Launches New Money Transfer Service

In a bid to strengthen its dominance of international money transfer and give its customers wide range of options, First Bank of Nigeria Limited (FirstBank) has partnered with Trans-Fast Remittance LLC, Read More →

Ghana Hosts Central Bank Governors Meeting

The 29th   meeting of the Committee of Governors of Central Banks of the West Africa Monetary Zone (WAMZ) has taken place in Accra. The meeting provides a regular platform to review Read More →

Ecobank Opens an Affiliate in South Sudan

Ecobank Transnational Incorporated , the pan-African banking group announced the opening of its South Sudan banking affiliate. This new banking affiliate, the 34th on the African continent, Read More →
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