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WorldRemit Offers Mobile Money in Uganda

WorldRemit has expanded its service in Uganda to enable customers to transfer money to mobile wallets. The global online money company, which recently secured a $40 million investment from Accel Read More →

Uganda’s Bank of Africa Unveils Mobile Banking Platform

Uganda’s Bank of Africa (BOA) has launched a mobile banking platform geared towards earning the bank a larger market share amongst those using mobile money as a way of doing Read More →

Uganda to Host Banking Fraud and ICT Security Conference 2014

The 3rd Annual East Africa Banking and ICT Security Summit – themed ‘Strengthening Banking and ICT Development in East Africa’ – will be held on April 25 in Kampala, Uganda. The Read More →

MTN and Ecobank Partner to Improve Access to Mobile Financial Services

MTN Mobile Money users, who are also Ecobank customers in 12 African countries, will soon be able to withdraw cash from Ecobank ATMs. They will also be able to transfer Read More →

Currencies Acceptable in All EAC States

Residents of Kenya, Rwanda, Uganda, Burundi and Tanzania will now be able to travel with their respective national currencies in other East African Community (EAC) countries and make digital cross-border Read More →

Bank of Africa Deploys Credit Risk Management Solution for EA

Bank of Africa subsidiaries in Kenya, Uganda and Tanzania will from now on use a new credit management system in a bid to curb losses that arise from defaulted loans. Known Read More →

Centenary Bank Joins Interswitch East Africa

Centenary Bank has joined the Interswitch East Africa network in Uganda adding yet another innovation in enhancing their customer service.
Interswitch East Africa operates a network that links different banks to Read More →

Centenary Bank Customers to Pay UMEME Power Bills on CenteMobile

Centenary Bank and UMEME Limited today announced a partnership which will enable subscribers to the bank’s CenteMobile banking platform prepay their power bills instantly using their mobile phones and without Read More →

What is Driving the Success of Mobile Money Agents in Uganda?

After its official launch in Kampala in January 2014, The Helix Institute of Digital Finance has this week published its ‘Agent Network Accelerator Survey – Uganda Country Report’. The Uganda Read More →

Guaranty Trust Bank Acquires Fina Bank Group

Guaranty Trust Bank plc (GTBank) has now concluded the acquisition of a 70% stake in Fina Bank Group, after securing the required regulatory approvals in the 3 East African countries Read More →
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